Residential > House
Active
09/11/2024
List Price
$7,450,000$1,902/ft²
38 Drakes Bay Dr
Corona Del Mar, CA 92625
- 5Beds
- 5Baths
- 3,917ft²Living Area
- 0.3acLot Size
- 1Pool
- 3Car
- 2024Year Built
- 38DOM
- 21Permits
38 Drakes Bay Dr, Corona Del Mar, CA 92625 is a 5 bed, 5 bath, 3,917 ft² house built in 2024 on a 0.285 acre lot with 21 construction permits. This house is currently listed for $7,450,000, and it was last sold in 2017 for $2,175,000. The latest TopHap estimate of the house's value is $4,962,750.
Property Valuations
Latest estimates for 38 Drakes Bay Dr based on TopHap automated valuation model (AVM).
TopHap Estimate
$4,962,750
$1,559/ft²
-$2M below List Price
Updated 18 months ago
38 Drakes Bay Dr is valued at $4,962,750 by TopHap AVM 18 months ago.
MLS Description
The listing agent's description. Original Listing
Welcome to this exquisite new construction home in the prestigious Spyglass Hill of Corona Del Mar. This meticulously crafted residence is a showcase of designer finishes and modern elegance, offering an unparalleled living experience. As you step inside, you'll immediately notice the seamless flow of high-end custom wallpapering and elegant designer touches that define this expansive 5-bedroom, 4.5-bath home. The open-concept living areas are perfect for both grand entertaining and intimate gatherings, with each space thoughtfully curated for luxury and comfort. The indoor-outdoor living experience is exceptional, featuring a stunning outdoor space with a sparkling private pool and elegant water features. Relax in the spa or enjoy al fresco dining at the gourmet outdoor kitchen. Motorized rain-sensing patio covers ensure year-round enjoyment, while breathtaking city light views provide a beautiful backdrop to your outdoor oasis. Additional highlights include a sophisticated built-in wine storage area, a 3-car garage with an EV charger, and advanced smart home technology operated by Control4, which includes audio/video security for your convenience and peace of mind. A custom security gate encloses a private front entry courtyard, creating an inviting and secure entrance. The home also features solar panels, enhancing its energy efficiency and sustainability. Perfectly situated, this property is just a short drive from the beautiful beaches of Corona Del Mar and the vibrant Village, known for its excellent shops and dining options. The family-friendly neighborhood of Spyglass Hill is also known for its delightful playgrounds and parks, making it an ideal community for families. This exceptional home is a rare find in one of Corona Del Mar’s most sought-after neighborhoods, combining luxury living with a welcoming and vibrant community.
Listing Agents
The listing agent for 38 Drakes Bay Dr is Patrick Leeke.
PL
Patrick Leeke
EQTY Forbes Global Properties
License: 02128471
Phone: (949) 375-7405
Permits
38 Drakes Bay Dr has 21 permit records.
Permit History
21
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$24,637.82From latest Total Assessed Value1.04%Total Assessed Value$2,378,679=Land+
Assessed Value$2,108,596Additions
Assessed Value$270,083
In 2023, taxes billed for 38 Drakes Bay Dr were $24,637.82, which is 1.04% from latest Total Assessed Value of $2,378,679.
Property History
38 Drakes Bay Dr has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 38 Drakes Bay Dr
Hazard Risks
Earthquake350Lead109Particulates107Air Pollution103Ozone101Nat'l Avg100Carb Mono98Tornado77Weather37Hurricane11Wind5Hail2
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 38 Drakes Bay Dr.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
38 Drakes Bay Dr has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Noise Level
36 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 38 Drakes Bay Dr is around 36dBs, which is comparable to a Quiet Suburban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
45°F
High
66°F
Summer
Average
Low
60°F
High
75°F
In the winter at 38 Drakes Bay Dr, temperatures range from 44.74°F to 66.37°F with an average of 55.56°F. In the summer, the temperature ranges from 59.81°F to 75.27°F with and average of 67.54°F.
School Information
Public/private schools serving 38 Drakes Bay Dr
Public Schools
Lincoln Elementary School
Grades: KG-6
1.08 mi
B+
Corona Del Mar Middle and High School
Grades: 7-12
2.57 mi
A+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 38 Drakes Bay Dr have ratings undefined, and undefined.
Neighborhood
This property is located in Spyglass Hill, Corona Del Mar, CA 92625.
Seasonal Housing units 92625
24%of housing is for seasonal rent.
Daytime Population for 92625
+17%of people during work hours.
Boundary map of Spyglass Hill.
Crime Index for 92625
144
144
The crime index in 92625 is 144, which is 1.4 times higher than national average.
Market Trends
Historical market data near 38 Drakes Bay Dr over selected time period.
Nearby Properties on Drakes Bay Dr
- 56 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,730 square foot, 4 bedroom, 3.25 bathroom, 0.32 acre property. It was built in 1977 and has an estimate of $4,408,904 with a price per ft² of $1,615.
- 66 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,360 square foot, 5 bedroom, 4 bathroom, 0.52 acre property. It was built in 1976 and has an estimate of $3,786,213 with a price per ft² of $1,127.
- 48 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,644 square foot, 4 bedroom, 4.25 bathroom, 0.25 acre property. It was built in 2018 and has an estimate of $5,537,335 with a price per ft² of $2,307.
- 34 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,424 square foot, 5 bedroom, 3 bathroom, 0.24 acre property. It was built in 1976 and has an estimate of $3,718,109 with a price per ft² of $1,086.
- 26 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.22 acre property. It was built in 1976 and has an estimate of $3,399,267 with a price per ft² of $1,068.
- 6 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,686 square foot, 4 bedroom, 2.5 bathroom, 0.29 acre property. It was built in 1976 and has an estimate of $4,037,321 with a price per ft² of $1,503.
- 10 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,179 square foot, 5 bedroom, 3.5 bathroom, 0.26 acre property. It was built in 1976 and has an estimate of $3,873,110 with a price per ft² of $1,218.
- 24 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,202 square foot, 3 bedroom, 2 bathroom, 0.22 acre property. It was built in 1976 and has an estimate of $2,912,479 with a price per ft² of $1,323.
- 46 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.27 acre property. It was built in 1976 and has an estimate of $3,644,762 with a price per ft² of $1,145.
- 52 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,692 square foot, 4 bedroom, 3.25 bathroom, 0.26 acre property. It was built in 1976 and has an estimate of $4,216,784 with a price per ft² of $1,510.
- 40 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,692 square foot, 4 bedroom, 2.5 bathroom, 0.29 acre property. It was built in 1976 and has an estimate of $4,221,756 with a price per ft² of $1,568.
- 30 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.24 acre property. It was built in 1976 and has an estimate of $3,647,347 with a price per ft² of $1,146.
- 28 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,800 square foot, 4 bedroom, 2.5 bathroom, 0.22 acre property. It was built in 1976 and has an estimate of $3,779,165 with a price per ft² of $1,350.
- 32 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,905 square foot, 4 bedroom, 3 bathroom, 0.23 acre property. It was built in 1976 and has an estimate of $4,137,502 with a price per ft² of $1,424.
- 36 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,219 square foot, 3 bedroom, 2 bathroom, 0.26 acre property. It was built in 1976 and has an estimate of $3,025,204 with a price per ft² of $1,363.
- 4 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,975 square foot, 5 bedroom, 4.5 bathroom, 0.34 acre property. It was built in 1977 and has an estimate of $4,205,229 with a price per ft² of $1,058.
- 64 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,332 square foot, 5 bedroom, 3 bathroom, 0.27 acre property. It was built in 1976 and has an estimate of $3,905,592 with a price per ft² of $1,172.
- 20 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,692 square foot, 4 bedroom, 2.5 bathroom, 0.23 acre property. It was built in 1976 and has an estimate of $3,943,144 with a price per ft² of $1,465.
- 22 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.22 acre property. It was built in 1976 and has an estimate of $3,511,226 with a price per ft² of $1,103.
- 38 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.28 acre property. It was built in 1976 and has an estimate of $3,652,378 with a price per ft² of $1,148.
- 42 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.3 acre property. It was built in 1976 and has an estimate of $3,647,011 with a price per ft² of $1,146.
- 44 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 2,219 square foot, 3 bedroom, 2 bathroom, 0.29 acre property. It was built in 1976 and has an estimate of $3,109,204 with a price per ft² of $1,401.
- 50 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.26 acre property. It was built in 1976 and has an estimate of $3,447,436 with a price per ft² of $1,083.
- 2 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 4,085 square foot, 5 bedroom, 4.5 bathroom, 0.79 acre property. It was built in 1976 and has an estimate of $4,187,407 with a price per ft² of $1,021.
- 8 Drakes Bay Dr, Corona Del Mar, CA 92625 (Spyglass Hill) is a 3,182 square foot, 5 bedroom, 3 bathroom, 0.28 acre property. It was built in 1976 and has an estimate of $3,831,541 with a price per ft² of $1,204.
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