
Leased
2 Drakes Bay Drive leased on March 19, 2026 for $15,000/month. The details are below for reference.

2 Drakes Bay Drive, Corona Del Mar, CA 92625
- 5 beds
- 5 baths
- 4,085 sq ft
- 0.89-acre lot
- Built 1976
Subdivision Spyglass Hill
The home
About 2 Drakes Bay Drive
Incredible views and privacy. This turn key residence is situated on a grand 38,000 SF lot, bordering the South point of Spyglass Hill. The property captures unobstructed panoramic views of the Pacific Ocean, Catalina, the jetty, Newport Pier, local beaches, Newport Harbor, and vast Newport Coast terrain. Spyglass Hill represents a unique combination of suburban life style and urban conveniences, due to the central location and proximity to all desired destinations and local landmarks such as Balboa Island, Fashion Island, beaches, award winning restaurants, world class shopping and performance centers.
The back yard is extra generous, and hosts a sparkling large pool along with a barbecue island and plenty of room for entertaining. The formal living room overlooks a luscious garden in front of the house and the Coastal Panorama on the other side. An extra large bonus room upstairs is surrounded by three bedrooms, and serves as a game room, media room, fitness studio, or just a great place for family gatherings. It extends onto a massive view deck which also can be accessed by an external staircase from back yard. Huge primary suite is upstairs, featuring a sumptuous spa-like primary bathroom and large closets. There is also a main level bedroom with the adjacent full bath. Totally the home features 5 bedrooms, 5 bathrooms, and a loft/media room upstairs. The best award winning schools are available to the residents. The grand, 30'x80', gated motor court is fit to host all the automobiles in your possession! Easy access to the freeways and close proximity to John Wayne airport.
Property details for 2 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 4,085 square feet of living space. The home was built in 1976. The MLS record lists the assessor parcel number as 461-032-18. Highlights include ocean and coastline views, a private pool and a spa, a fireplace, an attached three-car garage, a 0.89-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
- $15,000 monthly
- Days On Site
- N/A
- Bedrooms
- 5
- Inside Area (SqFt)
- 4,085 sqft
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Lot Size
- 0.885 Acres
- Year Built
- 1976
- MLS® Number
- OC25058947
- Status
- Leased
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC25058947
- Year Built
- 1976
- Living Area (sq ft)
- 4,085
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 38,550
- Lot Size (acres)
- 0.885
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Catalina, City Lights, Coastline, Harbor, Hills, Ocean, Panoramic
- Private Pool
- Yes
- HOA Name
- Spyglass Hill HOA
- Parcel Number
- 46103218
- On Market Date
- 2025-03-18
- Zoning
- R1
- Listing Terms
- Standard
Interior Features
- Interior Features
- Built In Features, Balcony, Breakfast Area, Ceiling Fans, Coffered Ceilings, Separate Formal Dining Room, Granite Counters, Intercom, Open Floorplan, Attic, Bedroom On Main Level, Dressing Area, Jack And Jill Bath, Primary Suite
- Appliances
- Barbecue, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Water Softener
- Flooring
- Stone, Tile, Wood
- Heating
- Central
- Cooling
- Central Air, Attic Fan
- Fireplace
- Family Room, Living Room
- Laundry
- Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Furnished
- Unfurnished
- Accessibility
- Other
Exterior Features
- Exterior Features
- Lighting, Rain Gutters
- Roof
- Composition
- Foundation
- Slab
- Lot Features
- Sprinklers In Rear, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side, Sprinkler System
- Fencing
- Excellent Condition, Glass, Wrought Iron
- Pool Features
- In Ground, Private, Waterfall
- Spa
- In Ground
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Spyglass Hill (SPYH)
- Community Features
- Curbs, Street Lights, Sidewalks
- Security
- Prewired, Carbon Monoxide Detectors, Fire Detection System, Fire Sprinkler System, Smoke Detectors
The record
Property History for 2 Drakes Bay Drive
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 25, 2024 | Leased | $16,000/month | Coldwell Banker Realty |
| Jan 30, 2023 | Leased | $15,000/month | Coldwell Banker Realty |
| Apr 1, 2021 | Leased | $17,500/month | Coldwell Banker Realty |
| Sep 23, 2017 | Leased | $12,500/month | Coldwell Banker Res. Brokerage |
| Jan 12, 2017 | Sold | $3,275,000 | Surterre Properties Inc. |
| Oct 3, 2015 | Leased | $11,000/month | Surterre Properties |
| Dec 1, 2014 | Leased | $8,900/month | Pacific Sterling Properties |
| May 11, 2012 | Leased | $8,000/month | Pacific Sterling Properties |
Next steps
Looking for something similar
2 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 leased for and set up alerts for listings that match it.
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.
Schools
School District for 2 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 Lana Fish of Coldwell Banker Realty
Listing information updated Mar 20, 2026 at 11:54 AM 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.