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44 Drakes Bay Dr, Corona Del Mar, CA, 92625

$6,395,000

5 Bedrooms
5 Full Baths, 1 Partial
4,423 SqFt
$1,446/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned, Door-Multi, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener
Attached Garage3 spaces
Year Built2009
HeatingCentral, Fireplace(s)
CoolingCentral Air, Dual
FireplaceFamily Room, Gas, Great Room, Outside
ViewCity Lights, Hills, Mountain(s), Panoramic, Water
Private PoolYes
MLS #OC24044475
Lot Size0.29 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 44 Drakes Bay Dr

This exquisite home, perched to offer stunning views of mountains and city lights, embodies a serene lifestyle with the unique benefit of single-level living complemented by additional upstairs space. Nestled on an expansive lot, the property greets you with a gated entry courtyard, and offers a resort-like backyard surrounded by a spacious patio, a pool, and a spa—perfect for both relaxation and entertainment. The interior showcases four bedrooms on the main level, complemented by an upstairs bonus room featuring a bedroom and a bathroom. Vaulted ceilings with exposed beams and hardwood floors add to the home’s elegance, while the bespoke gourmet kitchen serves as the heart of the home with granite countertops, a wine vault framed by exquisite wrought iron doors, and custom cabinetry. The kitchen, equipped with top-of-the-line stainless steel appliances, including dual ovens and a built-in refrigerator, opens to a cozy family room with a fireplace and a large center island, inviting gatherings around culinary creations. Seamless indoor-outdoor living is facilitated by numerous rooms opening directly to the poolside, where a covered loggia with a full outdoor kitchen awaits, ensuring the outdoors can be enjoyed year-round. The saltwater pool and spa, accentuated by custom lighting, offer unobstructed views thanks to sleek glass rails, enhancing the property's luxurious ambiance. The main floor primary suite is a haven of sophistication, featuring a walk-in closet, dual vanities, and a walk-in shower. Generously sized secondary bedrooms accommodate a wide range of needs, making this home ideal for multi-generational living. Additional highlights include a tile roof and a three-car garage with elegant wood doors, emphasizing the home’s refined aesthetic. Located on a tranquil, single-loaded street, this property is a peaceful retreat with easy access to hiking trails, parks, and playgrounds. Its proximity to Fashion Island, Crystal Cove State Park, and Corona Del Mar positions it as a legacy property in a coveted coastal location.

Property Details

Property Features

Property Information:

  • Year Built: 2009
  • Stories: 2
  • Living Area: 4,423 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (949) 560-3647
  • Listing Agent: Milad Sadeghian

Interior Features

Interior Information:

  • Appliances: Stove, Range, Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator
  • Flooring Type: Carpet, Wood
  • Interior: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Pantry, Bedroom on Main Level, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Gas, Great Room, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Hills, Mountain(s), Panoramic, Water
  • Exterior: Barbecue, Lighting, Fire Pit

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Door-Multi, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 44 Drakes Bay Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Sprinklers
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air, Dual

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Spyglass Hill to El Capitan, and then turn right to Drakes Bay

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,395,000
  • Price Per SqFt: $1,446/SqFt

HOA Fees:

  • Amount: $576
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $19,489
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Corona Del Mar, CA.

Med. Sold Price

$3.7M

Med. Price/SqFt

$1,701

Avg. Days On Market

46

# of Sold Homes

24

44 Drakes Bay Dr vs Corona Del Mar

55 DAYS ON ROCKET

+9 Days

$6,395,000

+$2.6M More

$1,446/SqFt

-$256 Less

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $256/SqFt less than other homes in Corona Del Mar, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24044475

Listing Office:

  • Office Name: Berkshire Hathaway HomeService
  • Office Phone: (949) 560-3647
  • Listing Agent: Milad Sadeghian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 1998Home Sold
$639,000

Tax History

YEARPROP. TAXASSESSMENT
2021$19,489$1,873,228
2020$19,290$1,854,021
2019$18,538$1,817,668
2018$18,538$1,782,028
2017$18,196$1,747,087

History based on county public records data.

Payment Calculator

$32.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3581679
7
/10
  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.01 miles

  • Public District Grades KG-6

High School

school-card-donut-3581680
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.57 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $205,399. The most common annual income of people living in Corona Del Mar, CA is $200k+. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 44 Drakes Bay Dr

What is the listing price of this property?

The listing price of 44 Drakes Bay Dr property is $6,395,000.

What type of property is this?

The property 44 Drakes Bay Dr is a house located in Corona Del Mar, California, 92625.

Is this property for sale now?

Accepting Backup Offers: 44 Drakes Bay Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 44 Drakes Bay Dr are:
Abraham Lincoln Elementary School: GreatSchools Rating 7/10
Corona Del Mar High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $19,489 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 14, 1998 for $639,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 44 Drakes Bay Dr has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 44 Drakes Bay Dr is 4,423 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 44 Drakes Bay Dr is 2009.
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Rocket HomesCaliforniaOrange CountyCorona Del Mar9262544 Drakes Bay Dr

This home is located at 44 Drakes Bay Dr in Corona Del Mar, CA and zip code 92625 in the Spyglass Hill neighborhood. This 4,423 square foot home, which was built in 2009, sits on a 0.29 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $6,395,000.

In March 2024 more than 2 listings in Corona Del Mar, CA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 18 were sold below. While the average time on the market in March 2024 was 46 days, the median list price was $3,705,000.

From Rocket Homes Real Estate and based on county public records data.

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