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Active 43 days on market

428 Cabrillo

Corona Del Mar, CA 92625

$5,500,000

428 Cabrillo
428 Cabrillo photo 2
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+26 more
3Beds
2Baths
1,516Sq Ft
0.15Acres
1954Built
2Garage

About This Home

Do not miss the second opportunity in over 50 years to make this residence yours. Perched in one of the most coveted neighborhoods in Corona Del Mar sits 428 Cabrillo Terrace with unobstructed panoramic ocean and Catalina island views. Enjoy a quick walk to the stunning private beach or walk to the charming Corona Del Mar village in minutes. Evening ocean and Catalina sunsets are shared with nature sounds, at times you hear the waves crashing with barking seals, frogs, birds etc. This single story home is turn key and recently renovated throughout. Open concept with family room fireplace, wood floors, all new white oak cabinetry, Solitaj quartz countertops throughout and new Thermador appliances. Ample outdoor space with tons of luscious greenery giving a true sense of serenity upon arrival. Massive opportunity! Enjoy the home as is and continue to hold value or have the rare opportunity to develop. This lot has approximately 14 foot elevation difference from Serra Dr to Cabrillo Terrace. Current peak of structure height is under 11.5 ft, opportunity to go up even higher. Lot is a site area coverage of 60% with no square footage maximum. Possibility to build a complete subterranean garage/basement of over 3,700 sq ft and a residence of over 7500 sq ft.

Property Details

Property TypeSingleFamilyResidence
Year Built1954
Living Area1,516 sq ft
Lot Size0.15 acres
Bedrooms3
Bathrooms2 full
Garage Spaces2
Parking Total4
HeatingCentral
CoolingCentralAir
PoolNo
HOA NameCorona Highland
HOA Fee$32/mo
MLS #1156534102
Days on Market43 days

Location

Listed by

Rose Goldberg

Coldwell Banker Realty

MLS# OCGOLDROS

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.