#OC24255404, Donnie Bowen, Listing Office: Re/Max Real Estate Group
724 Malabar Dr Corona Del Mar, CA 92625
Property details
About 724 Malabar Dr
This is a truly rare opportunity! Nestled in the prestigious Irvine Terrace neighborhood, this spectacular example of mid-century modern architecture boasts sweeping ocean and harbor views from the living area and showcases the absolute best design elements of the period. Designed with Eichler-inspired essentials, this 3 bedroom, 3 bath residence has been improved and appreciated by a true MCM enthusiast. Modern touches like stainless steel appliances, central AC, tongue-in-groove beamed ceilings, and louvered windows combine form with function for the discerning buyer. Stunning living spaces include an ocean / bay view living room, a sunny family room with courtyard views, a light infused kitchen with dual access and bar seating, and even a cozy alcove for relaxation, reading or recreation. Featuring two separate outdoor spaces, the central atrium serves as a perfect showcase of California living, blending indoor and outdoor spaces seamlessly. The huge, private backyard, with its mature landscaping, offers a fantastic canvas for expansion while still leaving room for ample yard space. World-class beaches, shopping, dining, entertainment, and top-rated schools just minutes away, this home truly has it all. Additionally, it offers easy access to the community’s exceptional amenities, including tennis courts, parks, playgrounds, and basketball courts. The home showcases beautifully preserved original features that highlight its timeless appeal. Special note this site is comprised of two separate contiguous lots.
Highlights
Summary
- Full Bathrooms: 3
- Flooring Type: Wood
- Interior: Beamed Ceilings, Built-in Features, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Fireplace: Gas Starter, Living Room
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- View: Bay, Island, City Lights, Ocean
- Heating: Central
- Cooling: Central Air
- List Price: $5,495,000
- Price/SqFt: $2,722
- HOA Amount: $75
- HOA Frequency: Monthly
- Annual Tax Amount: $32,844
- Tax Year: 2024
- Lot: Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Level, Rectangular Lot, Sprinklers
- Directions: Turn into the Irvine Terrace Community from Pacific Coast Hwy, Left on Bonnie Doone, Right on Malabar
- Year Built: 1962
- Stories: 1
- Living Area: 2,018 SqFt
- Lot Size: 0.1978 Acres
- MLS Number: NP25076517
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (949) 689-8594
- Listing Agent: Jody Chapman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,495,000
724 Malabar Dr
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 26, 2018 | Home Sold | $2,820,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $3,084,080 | $32,844 |
2023 | $3,023,608 | $32,076 |
2022 | $2,964,322 | $31,546 |
2021 | $2,906,199 | $30,941 |
2020 | $2,876,400 | $30,644 |
2019 | $2,820,000 | $5,439 |
2018 | $490,736 | $5,439 |
2017 | $481,114 | $5,342 |
History based on county public records data.
Nearby schools
9
Harbor View Elementary School
Public District KG-6
0.8 mi
•900 Goldenrod Ave
8
Abraham Lincoln Elementary School
Public District KG-6
1.2 mi
•3101 Pacific View Dr
8
Roy O. Andersen Elementary School
Public District KG-6
1.7 mi
•1900 Port Seabourne Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $136,328. The majority of Corona Del Mar, CA residents have income $200k+ annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 724 Malabar Dr
The listing price of 724 Malabar Dr property is $5,495,000.
The property 724 Malabar Dr is a house located in Corona Del Mar, California, 92625.
Active Listing: 724 Malabar Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 724 Malabar Dr are: Harbor View Elementary School (GreatSchools Rating 9/10), Abraham Lincoln Elementary School (GreatSchools Rating 8/10), Roy O. Andersen Elementary School (GreatSchools Rating 8/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Rancho San Joaquin Middle School (GreatSchools Rating 8/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Newport Harbor High School (GreatSchools Rating 7/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $32,844 (source: MLS/based on county public records data).
The last sale was on October 26, 2018 for $2,820,000 (source: MLS/tax record).
The property at 724 Malabar Dr has 3 bedrooms and 3 bathrooms.
The property 724 Malabar Dr is 2,018 SqFt (source: MLS/tax record).
The year of construction for 724 Malabar Dr is 1962.
This home is located at 724 Malabar Dr in Corona Del Mar, CA and zip code 92625 in the Irvine Terrace neighborhood. This 2,018 square foot home, which was built in 1962, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $5,495,000.
While more than 1 listings in Corona Del Mar, CA in April 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 16 were sold below. The inventory of homes for sale in Corona Del Mar, CA between March and April 2025 increased by 1.7%. The median list price of listings available in April 2025 was $4,100,000, while the average time on the real estate market was 45 days.