Skip to main contentSkip to navigation
1 / 29

Residential Land for Sale in Corona del Mar, California

525 El Paseo Dr, Corona del Mar, CA 92625

$9,950,000
0.82 acres
Active sale
ago
Est $72,826/mo

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 Contemporary 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 with some modern elements, while still maintaining warmth and texture throughout. By maximizing views and indoor-outdoor connections, this property 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. Please contact Rob Smith at (949)697-8855 to schedule a site tour.

Location

Street address
525 El Paseo Dr
Community
Irvine Terrace (IRVT)
Elevation
42 feet
Coordinates
33.6079, -117.8834

Property details

Lot size
0.82 acres35,719 sq ft
Zoning
R-1
MLS #
MRMLS NP26092209
Posted

Expenses

Home Owner Assessments Fee
$575 annually

Parcels

  • 05029127

Details and features

Listing

Type
Land

Lot

View
City, Harbor, Ocean, Water

Exterior

Features
Community Features Included: Gutters, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Listing history

DateEventPriceChangeSource
May 19, 2026New listing$9,950,000MRMLS
Subscribe to listing updates

Payment calculator

This 0.82-acre property is located at 525 El Paseo Dr in Corona del Mar, CA 92625. The property is available for sale for $9,950,000.

Listed by Compass, (949) 438-4340

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact