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Corona Del Mar

Terraces Real Estate

Terraces is a community of mostly condos in Corona del Mar, CA 92625. Many of its homes date from the 1980s, with 2 bedrooms and about 1,400 to 1,800 square feet. Typical association dues on homes for sale now or sold in the last 12 months are $777 to $855 a month. The community is in the Newport-Mesa Unified School District. The MLS has recorded 80 sales here since 2012. The latest sale in the list below closed in September 2026 at $2,100,000.

One condo is for sale in Terraces, Corona Del Mar. It is a 2-bedroom home.

1 Home for sale
$2,198,000 Median asking price
8 Closings in 12 months
$2,100,000 Median recorded closing

Terraces Condos for Sale

Homes for Sale Near Terraces

Recent Sales in Terraces

8 closings recorded in the MLS over the last twelve months.

Earlier Sales in Terraces

Recorded sales in Terraces before the last twelve months, newest first. Source: CRMLS.
ClosedPriceBedsBathsSq ftHome
Jun 16, 2025$2,800,000221,8002-bed condo, $2,800,000, sold Jun 16, 2025
Nov 25, 2024$2,800,000221,8002-bed condo, $2,800,000, sold Nov 25, 2024
Jul 26, 2024$2,800,000221,8002-bed condo, $2,800,000, sold Jul 26, 2024
Apr 26, 2024$1,750,000221,4252-bed condo, $1,750,000
Apr 12, 2024$1,896,500221,4252-bed condo, $1,896,500
Mar 4, 2024$2,800,000221,8002-bed condo, $2,800,000, sold Mar 4, 2024
Mar 27, 2023$2,120,000221,8002-bed condo, $2,120,000
Jan 12, 2023$1,850,000221,4252-bed condo, $1,850,000
Jan 11, 2023$2,150,000221,8002-bed condo, $2,150,000
Dec 21, 2022$2,195,000221,8002-bed condo, $2,195,000

Terraces Sales by Year

Recorded sales by year of closing since 2012. 2026 counts the sales recorded by Oct 5, 2026. Medians leave out lot sales and print only for a year with 5 or more home sales. Source: CRMLS.
YearSalesMedian priceMedian price per sq ft
2026 to date
7
$2,100,000$1,467
2025
2
2024
6
$2,600,000$1,444
2023
3
2022
5
$1,710,000$1,200
2021
4
2020
4
2019
4
2018
5
$1,275,000$895
2017
9
$1,270,000$847
2016
3
2015
6
$1,227,500$710
2014
5
$1,250,000$730
2013
9
$1,165,000$673
2012
8
$1,032,500$601

A Typical Home in Terraces

Home types
Condos 95%, Single-family homes 3%, Townhomes 2%
Bedrooms
2
Living area
1,425 to 1,800 sq ft
Year built
1986 to 1987
HOA dues
$777 to $855 a month
Scenic view
44% of homes

Each range is the middle half of the homes that report it, among the 59 homes sold since 2012 or for sale now in Terraces. HOA dues are from homes for sale now or sold in the last 12 months. A scenic view is a water, hill, mountain, canyon, valley, bluff, city-lights, golf-course or panoramic view. Source: CRMLS.

Terraces Market Snapshot

22Median days on market
98.3%Median sale price to final list price

From the 15 recorded home sales that closed in the last three years. Source: CRMLS.

For Terraces Homeowners

What's your home in Terraces worth? Request a home valuation from Realatrends Real Estate.

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