Sold
38 Drakes Bay Drive sold on April 28, 2025 for $6,800,000, 2.8% below the $6,998,000 asking price after 16 days on the market. The buyer financed the purchase. The details are below for reference.
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38 Drakes Bay Drive, Corona Del Mar, CA 92625
- 5 beds
- 5 baths
- 3,917 sq ft
- 0.28-acre lot
- Built 2024
$6,800,000
Subdivision Spyglass Hill
5 single-family homes sold in the past 12 months · median $7,800,000
The home
About 38 Drakes Bay Drive
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.
Property details for 38 Drakes Bay Drive
This 5-bedroom, 5-bath single-family home sits in the Spyglass Hill neighborhood of Corona Del Mar in Orange County. It offers 3,917 square feet of living space. The home was built in 2024. The MLS record lists the assessor parcel number as 461-051-10. Highlights include city lights and hill views, a private pool and spa, a fireplace, an attached three-car garage, a 0.28-acre lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $6,800,000
- Days On Site
- N/A
- Bedrooms
- 5
- Inside Area (SqFt)
- 3,917 sqft
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Lot Size
- 0.2847 Acres
- Year Built
- 2024
- MLS® Number
- OC25021168
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $228.33 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC25021168
- Year Built
- 2024
- Living Area (sq ft)
- 3,917
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 12,403
- Lot Size (acres)
- 0.2847
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 6
- View
- City Lights, Hills, Mountains, Neighborhood
- Private Pool
- Yes
- HOA Dues
- $685
- HOA Frequency
- Quarterly
- HOA Name
- Spyglass Hill Association
- Parcel Number
- 46105110
- On Market Date
- 2025-02-18
- Listing Terms
- Standard
Interior Features
- Interior Features
- Wet Bar, Breakfast Bar, Built In Features, Balcony, Breakfast Area, Separate Formal Dining Room, Eat In Kitchen, High Ceilings, Open Floorplan, Pull Down Attic Stairs, Stone Counters, Recessed Lighting, Smart Home, Bar, Bedroom On Main Level, Primary Suite, Walk In Closets
- Appliances
- Built In Range, Barbecue, Double Oven, Dishwasher, Energy Star Qualified Appliances, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer
- Flooring
- Wood
- Heating
- Central, Energy Star Qualified Equipment, Forced Air
- Cooling
- Central Air, Dual, Energy Star Qualified Equipment, High Efficiency, Zoned
- Fireplace
- Den, Family Room, Gas, Primary Bedroom, Outside
- Laundry
- Laundry Room, Upper Level
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Blinds, Double Pane Windows, Energy Star Qualified Windows, Insulated Windows, Screens
- Doors
- Energy Star Qualified Doors, Sliding Doors
Exterior Features
- Architectural Style
- Contemporary, Custom
- Exterior Features
- Barbecue, Lighting, Fire Pit
- Roof
- Copper
- Construction
- Copper Plumbing
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre, Back Yard, Drip Irrigation Bubblers, Front Yard, Landscaped, Near Park, Rectangular Lot, Sprinkler System, Street Level, Value In Land, Walkstreet, Yard
- Patio and Porch
- Concrete, Covered, Deck, Front Porch, Open, Patio, Stone
- Parking
- Door Multi, Direct Access, Driveway, Garage Faces Front, Garage, Public, On Street
- Fencing
- Excellent Condition, Privacy, Security, Stucco Wall
- Pool Features
- Heated, In Ground, Private, Salt Water
- Spa
- Heated, In Ground, Private
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Spyglass Hill (SPYH)
- Community Features
- Biking, Curbs, Gutters, Hiking, Street Lights, Suburban, Sidewalks, Park
- Association Amenities
- Picnic Area, Playground
- Security
- Security System, Closed Circuit Cameras, Carbon Monoxide Detectors, Fire Detection System, Twenty Four Hour Security, Smoke Detectors, Security Lights
The record
Property History for 38 Drakes Bay Drive
| Date | Event | Price | Note |
|---|---|---|---|
| Apr 28, 2025 | Sold | $6,800,000 | |
| Apr 9, 2025 | Status changed to Pending | From Active Under Contract | |
| Mar 10, 2025 | Status changed to Active Under Contract | From Active | |
| Feb 19, 2025 | Status changed to Active | From Hold | |
| Feb 18, 2025 | Status changed to Hold | From Active | |
| Feb 18, 2025 | Status changed to Active | From Coming Soon | |
| Feb 18, 2025 | Listed for sale | $6,998,000 | |
| Jul 27, 2017 | Sold | $2,175,000 | RK Estate |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 38 Drakes Bay Drive
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0402J effective December 3, 2009. Checked October 15, 2026.
- Fire hazard severity zone
High Fire Hazard Severity Zone, Local Responsibility Area.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Inside a Seismic Hazard Zone for earthquake-induced landslides.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Cable: Cox Communications, up to 2,000 Mbps, at 19 of 19 residential locations in this census block. Fixed wireless: T-Mobile, up to 25 Mbps, at 7 of 19.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626455011, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 miles away (ChargePoint, 2 Level 2 ports). 344 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
38 Drakes Bay Drive is no longer on the market, but comparable homes come up in Corona Del Mar regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 38 Drakes Bay Drive
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The neighborhood
About Corona del Mar
Corona del Mar is a seaside community of Newport Beach in Orange County, set along Pacific Coast Highway above the shoreline, with Corona del Mar State Beach (Big Corona) and Little Corona del Mar Beach below the bluffs. Its walkable Village connects to Sherman Library and Gardens, Lookout Point, and Inspiration Point, within the Newport-Mesa Unified School District.
Spyglass Hill home sales, past 12 months
- Homes sold
- 5
- Median price
- $7,800,000
- Median days on market
- 93
- Median per sq ft
- $2,527
Recorded MLS closings of single-family homes, Oct 18, 2025 to Oct 18, 2026. Days on market run from listing to going under contract.
Recent Spyglass Hill sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 25 Cambria | Oct 6, 2026 | $7,500,000 | 2,922 | $2,567 | 0 |
| 1 Jade | Apr 24, 2026 | $7,800,000 | 3,020 | $2,583 | 9 |
| 49 Cambria Drive | Jan 8, 2026 | $9,500,000 | 4,682 | $2,029 | 93 |
| 25 San Mateo Way | Jan 6, 2026 | $17,965,000 | 7,109 | $2,527 | 98 |
| 31 Carmel Bay Drive | Dec 4, 2025 | $5,390,000 | 2,796 | $1,928 | 167 |
Schools
School District for 38 Drakes Bay Drive
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Corona Del Mar covers its schools, parks and beaches.
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Listed by Paul Daftarian of Luxe Real Estate
Listing information updated Apr 28, 2025 at 5:41 PM PT. Source: CRMLS.
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.