NEW CONSTRUCTION
$2M PRICE DROP
1119 Dolphin Terrace Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated payment $217,918/month
Total Views
85,890
5
Beds
8
Baths
10,255
Sq Ft
$3,657
Price per Sq Ft
Highlights
- White Water Ocean Views
- Home Theater
- In Ground Pool
- Abraham Lincoln Elementary School Rated A
- New Construction
- Primary Bedroom Suite
About This Home
1119 Dolphin Terrace, a generational trophy property designed by Christopher Brandon showcases exceptional modern design and architectural excellence located in the heart of Corona Del Mar's coveted Irvine Terrace community. This meticulously crafted estate, taking six years to reach completion, spans approximately 10,200 sqft of pure luxury on a uniquely deep and expansive lot. This remarkable property boasts 5 bedrooms, including 2 primary bedrooms, and 8 baths, offering unparalleled comfort and sophistication. The interiors feature massive scale and soaring ceiling heights, creating a sense of grandeur that defines Southern California coastal living at its finest. Entertain with ease in the expansive living spaces, highlighted by a media wall with a jaw-dropping 219" LCD TV wall, a well-equipped bar + glass cellar, and two kitchens for culinary enthusiasts. Motorized pocket doors seamlessly blend indoor and outdoor living, leading to a spectacular 65' lap pool that invites you to relax and unwind while enjoying breathtaking ocean, jetty, Balboa, and coastline views. For those who prioritize health and wellness, the property includes a spacious wellness center offering full-size gym, sauna, steam room, and meditation area, ensuring a holistic approach to your total well-being. The attention to detail is evident throughout, making this estate one of the most captivating and exciting properties to ever be publicly offered for sale in Corona Del Mar. Additional features enhance the allure of 1119 Dolphin Terrace, such as its proximity to the Newport Beach Country Club and Fashion Island, placing world-class amenities at your doorstep. Enjoy the convenience of walking to Balboa Island and relish the central location within Newport Beach, providing easy access to the best that Southern California has to offer. This is not just a residence; it's a lifestyle statement, a testament to luxury living in one of the most desirable locations on the West Coast. Seize the opportunity to own a landmark property that transcends the ordinary, a true embodiment of Southern California's finest. Welcome home to 1119 Dolphin Terrace, where every detail reflects a commitment to unparalleled quality and refinement.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $107,467
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.41 Acre Lot
- Stone Wall
- Density is up to 1 Unit/Acre
HOA Fees
- $60 Monthly HOA Fees
Parking
- 4 Car Attached Garage
Property Views
- White Water Ocean
- Marina
- Coastline
- Harbor
- Catalina
- Panoramic
- City Lights
Home Design
- Modern Architecture
Interior Spaces
- 10,255 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Two Story Ceilings
- Recessed Lighting
- Entrance Foyer
- Great Room with Fireplace
- Family Room Off Kitchen
- Home Theater
- Home Office
- Game Room
- Storage
- Laundry Room
- Wood Flooring
- Sump Pump
- Smart Home
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Self-Cleaning Oven
- Six Burner Stove
- Built-In Range
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Built-In Trash or Recycling Cabinet
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- 8 Full Bathrooms
- Heated Floor in Bathroom
- Bidet
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Concrete Porch or Patio
- Fire Pit
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Utilities
- High Efficiency Air Conditioning
- Central Air
- Private Water Source
- Water Heater
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1700
- Assessor Parcel Number 05026302
- $380 per year additional tax assessments
Community Details
Overview
- Irvine Terrace Community Association, Phone Number (800) 428-5588
- First Service Residential HOA
- Irvine Terrace Subdivision
Recreation
- Tennis Courts
- Sport Court
- Community Playground
Additional Features
- Picnic Area
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $107,467 | $10,176,091 | $6,647,638 | $3,528,453 |
| 2023 | $99,864 | $9,490,046 | $6,517,293 | $2,972,753 |
| 2022 | $84,047 | $7,956,017 | $6,389,503 | $1,566,514 |
| 2021 | $78,913 | $7,465,680 | $6,264,219 | $1,201,461 |
| 2020 | $65,637 | $6,199,988 | $6,199,988 | $0 |
| 2019 | $65,988 | $6,242,400 | $6,078,420 | $163,980 |
| 2018 | $14,835 | $1,377,819 | $1,219,947 | $157,872 |
| 2017 | $14,573 | $1,350,803 | $1,196,026 | $154,777 |
| 2016 | $14,247 | $1,324,317 | $1,172,574 | $151,743 |
| 2015 | $14,112 | $1,304,425 | $1,154,961 | $149,464 |
| 2014 | $13,780 | $1,278,874 | $1,132,337 | $146,537 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Price Changed | $37,500,000 | -6.2% | $3,657 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $39,998,000 | 0.0% | $3,900 / Sq Ft |
| 05/13/2024 05/13/24 | For Rent | $200,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,120,000 | Fntg Builder Svcs | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | American Title Co | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $600,000 | Credit Line Revolving | |
| Previous Owner | $275,000 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Paul Daftarian, co-founder, and principal of the Daftarian Group has forged a sterling reputation for luxury real estate sales representation throughout Southern California over a career that spans more than fifteen years. An agent of choice for discerning clients – ranging from first-time buyers to sophisticated investors – Paul is known for his extensive expertise and six-star service. Today, Paul focuses his practice on the most exclusive enclaves in coastal orange county.
Beyond
Paul's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24245474
APN: 050-263-02
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