38 Drakes Bay Drive
Corona del Mar, CA 92625
- 5 beds
- 5 baths
- 3,917 sqft
- 12,403 sqft lot
- $1,786 per sqft
- 2024 build
- – on site
Perched in prestigious Spyglass Hill, 38 Drakes Bay Dr is a masterclass in design, craftsmanship, and modern luxury. Framed by breathtaking panoramic views of city lights and snow-capped mountains, this newly rebuilt home delivers an unparalleled living experience, where architecture, functionality, and innovation converge in perfect harmony. Designed with no expense spared, the home was thoughtfully overbuilt as a forever retreat. The result is a resort-style sanctuary, offering seamless indoor-outdoor flow, impeccable fit & finish, & smart home tech. Upon entry, expansive walls of glass and oversized windows bathe the home in natural light, highlighting a timeless material palette and flawless craftsmanship. The family room flows into the chef’s kitchen, featuring bar seating, top-tier appliances, and a breakfast nook that extends to both the dining room and outdoor dining with fire-lit lounges. The dedicated dining room opens to an outdoor lounge and kitchen, perfect for hosting year-round with motorized rain-sensing pergolas and Infratech heating. The formal living/entertainment room is a showpiece, featuring a wine wall, wet bar, and La Cantina pocketing doors that erase the boundary between indoor and resort-caliber outdoor living. A generous outdoor oasis wraps the rear of the property, designed for daily relaxation and large-scale entertaining. The saltwater pool and spa, multiple covered dining and lounge areas, outdoor kitchen, and fire features set against spectacular views create the ultimate retreat. Meticulously manicured landscaping and lighting complete the space and bring the home to life. A main-floor en-suite bedroom with a private Zen patio offers flexibility as a guest retreat or home office. Upstairs, the primary suite is an experience unto itself, featuring a cozy fireplace, spa-like bath with floating tub, walk-in shower, dual vanities, and makeup station. An oversized walk-in closet with island and a panoramic view balcony make this retreat truly exceptional. A junior primary/in-law suite, two secondary bedrooms, and a dedicated laundry room complete the upper level. Equipped with Control4 smart home automation, an oversized three-car garage with EV charger, and solar panels, the home is both intelligent and efficient. Moments from the CdM Village, world-class resorts, shopping, dining, and beaches, 38 Drakes Bay Dr offers an unmatched blend of lifestyle, luxury, and breathtaking beauty—all at incredible value.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 21, 2025
•
MLS# OC25021168 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:2024
-
Year Built Source:See Remarks
-
New Construction:No
-
Total Number Of Units:1
-
Architectural Style:Contemporary, Custom Built
-
Roof:Copper
-
Foundation:Slab
-
Structure Type:House
-
Exterior Features:Barbecue Private, Lighting
-
Stories Total:2
-
Entry Level:1
-
Patio And Porch Features:Concrete, Covered, Deck, Patio, Patio Open, Front Porch, Stone
-
Patio:1
-
Common Walls:No Common Walls
Interior
-
Features:Balcony, Bar, Built-in Features, Copper Plumbing Full, High Ceilings, Home Automation System, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Wet Bar
-
Levels:Two
-
Entry Location:1
-
Kitchen Features:Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Self-closing cabinet doors, Self-closing drawers, Stone Counters, Utility sink
-
Eating Area:Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
-
Door Features:ENERGY STAR Qualified Doors, Sliding Doors
-
Window Features:Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Screens
-
Flooring:Wood
-
Room Type:Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Walk-In Closet
-
Living Area Units:Square Feet
-
Living Area Source:Assessor
-
Fireplace:Yes
-
Fireplace:Den, Family Room, Primary Bedroom, Outside, Gas, Fire Pit
-
Laundry:Dryer Included, Individual Room, Upper Level, Washer Included
-
Laundry:1
Room Dimensions
-
Living Area:3917.00
Location
-
Directions:Spyglass Hill Road to El Capitan, Right on Point Arguello, Left on Drakes Bay.
-
Latitude:33.61031700
-
Longitude:-117.84215400
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Property Condition:Turnkey, Updated/Remodeled
-
Lot Features:0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Park Nearby, Sprinkler System, Sprinklers Drip System, Value In Land, Walkstreet, Yard
-
Lot Size Area:12403.0000
-
Lot Size Acres:0.2847
-
Lot Size SqFt:12403.00
-
Lot Size Source:Public Records
-
View:1
-
View:City Lights, Hills, Mountain(s), Neighborhood
-
Fencing:Excellent Condition, Privacy, Security, Stucco Wall
-
Fence:Yes
-
Sprinklers:Yes
-
Security Features:24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Security Lights, Security System, Smoke Detector(s)
-
Road Surface Type:Paved
-
Additional Parcels:No
-
Land Lease:No
-
Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:626.45
-
Tax Tract:7386
-
Tax Lot:10
Beds
-
Total Bedrooms:5
-
Main Level Bedrooms:1
Baths
-
Total Baths:5
-
Bathroom Features:Bathtub, Bidet, Shower, Double sinks in bath(s), Double Sinks in Primary Bath, Exhaust fan(s), Main Floor Full Bath, Privacy toilet door, Separate tub and shower, Soaking Tub, Stone Counters, Upgraded, Vanity area, Walk-in shower
-
Full & Three Quarter Baths:4
-
Main Level Baths:2
-
Full Baths:4
-
Half Baths:1
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:46105110
-
Showings Begin:2025-02-18
Heating & Cooling
-
Heating:1
-
Heating:Central, ENERGY STAR Qualified Equipment, Forced Air
-
Cooling:Yes
-
Cooling:Central Air, Dual, ENERGY STAR Qualified Equipment, High Efficiency, Zoned
Utilities
-
Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
-
Sewer:Public Sewer
-
Electric:220 Volts in Garage
-
Green Energy Efficient:Appliances, Construction, Doors, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows
-
Water Source:Public
Appliances
-
Appliances:Barbecue, Built-In Range, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
-
Included:Yes
Schools
-
High School District:Newport Mesa Unified
The Community
-
Subdivision:Spyglass Hill (SPYH)
-
Subdivision:Spyglass Hill (SPYH)
-
Neighborhood:Spyglass Hill
-
Features:Biking, Curbs, Hiking, Gutters, Sidewalks, Street Lights, Suburban
-
Association Amenities:Picnic Area, Playground
-
Association:Spyglass Hill Association
-
Association:Yes
-
Association Fee:$685
-
Association Fee Frequency:Quarterly
-
Pool:Private, Heated, In Ground, Salt Water
-
Senior Community:No
-
Spa:1
-
Private Pool:Yes
-
Spa Features:Private, Heated, In Ground
-
Assessments:Yes
-
Assessments:Unknown
Parking
-
Parking:Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door, Public, Street
-
Parking Spaces:6.00
-
Attached Garage:Yes
-
Garage Spaces:3.00
-
Uncovered Spaces:3.00
Monthly cost estimate

Asking price
$6,998,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$37,472
|
Taxes | N/A |
Insurance | $1,924 |
HOA fees | $228 |
Utilities | $187 See report |
Total | $39,811/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/18/25
Feb 18, 2025
|
Listed / Active | CRMLS_CA | $6,998,000 | 221.7% (29.3% / YR) |
12/5/24
Dec 5, 2024
|
Listed / Active | BRIDGE | ||
11/6/24
Nov 6, 2024
|
Price Changed | CRMLS_CA |