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$9,950,000
New Listing

525 El Paseo Drive
Corona Del Mar, CA 92625

For Sale|Land|Active
Subdivision:
Irvine Terrace (IRVT)
County:
Orange
Listed by Rob Smith of Compass [email protected]
Call Now: +1 (562) 337-3915
Is this the listing for you? We can help make it yours.
+1 (562) 337-3915
525 El Paseo Drive525 El Paseo Drive525 El Paseo Drive525 El Paseo Drive
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Monthly Payment (Est.)

$45,396
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

DEVELOPMENT OPPORTUNITY WITH PERMITTED PLANS on, by far, the largest lot in the sought-after enclave of Irvine Terrace at well over 4/5 of an Acre. Come explore the potential of this significant architectural design by Brandon Architects that takes full advantage of the large and unique building site, making it possible for the creation of a private residence that will take on the best aspects of 5-Star resort. At nearly 11,000 sf of living space, the Main Residence offers up to 5 Bedroom, 7 Baths and 2 Powder Rooms, in addition to many other expected and appreciated rooms and spaces, including an ocean view Great Room with Bar adjacent to a Gourmet "Show" Kitchen and sequestered Chef's "Dirty" Kitchen. As one would expect, the design also includes a generous allocation of space for entertaining by way of a luxurious Lounge area, complete with Bar, Wine Room and Tasting Area, a Table Games area and Media Room. If you would prefer a workout, the design allows for a significant Home Gym with Bath and Sauna. While the Interior plan is impressive on its own, the proposed Exterior amenities solidify the design as an A+. Of note: Pool and Spa with Baja Shelf and Sunken Fire Pit, Outdoor Kitchen with Sit-At Bar, several outdoor Dining and Lounge areas, Bocce Ball Court, Grassy Lawn, Sauna and Pool Bath. But If all of this is not enough, the design also calls for a very private 770 sf 1-Bedroom Guest House out on the tip of the lot that will be an absolute hit with overnight and long-term visitors. And while the Garage can sometimes be an afterthought in the planning process, that is certainly not the case at this residence, with room for 7 - 10 vehicles and boasting the coveted "Bat Cave" entrance at street level. And we can't forget to mention the Views of the Pacific Ocean, Newport Harbor, Catalina Island, and City Lights, and being in close proximity to Balboa Island, Beaches, Private Golf, Tennis & Yacht Clubs, Fashion Island/Newport Center and the heart of Corona del Mar. Once completed, this home is destined to become legendary.

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Listing Snapshot
Price 
$9,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8196 Acres
Year Built 
N/A
MLS® Number 
NP26092209
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$47.92 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.8196
Additional Property Use 
ResidentialSingle Family
Disclosures 
CovenantsRestrictionsDisclosureCoastalZoneHoaDisclosure
Land Lease 
No
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Cable Not AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R-1
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Exterior Features
Lot Features 
BluffCorner LotIrregular LotSloped Up
Road Frontage 
City Street
View 
BayCity LightsHarborNeighborhoodOceanWater
Waterview 
BayCity LightsHarborNeighborhoodOceanWater
Community Features
Association Dues 
575
Community Features 
CurbsParkStreet LightsSuburbanSidewalks
Financing Terms Available 
Cash
HOA Fee Frequency 
Annually
MLS Area 
CS - Corona Del Mar - Spyglass
Roads 
Paved


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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