29
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$9,950,000
Est. payment /mo
0.82 Acres Lot
New
525 El Paseo Corona Del Mar, CA 92625
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Irvine Terrace (Irvt)
MLS Listing ID NP26092209
HOA Fees $575/ann
Lot Size 0.820 Acres
Property Sub-Type Lots/Land
Property Description
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
Location
State CA
County Orange
Direction Bayside Drive to El Paseo
Interior
Fireplace No
Exterior
Utilities Available Electric, Telephone
View Y/N No
Present Use Residential
Others
HOA Name Irvine Terrace Community
Senior Community No
Tax ID 05029127
Acceptable Financing Cash
Listing Terms Cash
Listed by Rob Smith, DRE#01113111 Compass
NEARBY SCHOOL & BUSINESS
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