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Large Lot with Permitted Plans

525 El Paseo Drive Corona del Mar, CA 92625

525 El Paseo Drive, Corona del Mar, CA, 92625
$9,950,000
For Sale
Claim this Listing
$9,950,000

LAND - Corona del Mar, CA

Property Size11,000 SF
Lot Size0.82 Acres
Price / SF$904.55
AddedApr 28
Days on Market80
Last RefreshJul 16 at 9:06 am

Property Features for 525 El Paseo Drive

General Information

Property type
Land
Property subtype
Other
Zoning
R-1
Standard status
Active
APN
05029127
Lot size
0.82 Acres

Utilities

Utilities
Phone Available
Water source
Public

Listing agent Rob Smith License #01113111

Listing office Compass 1600 Newport Center Dr. Ste 250, Newport Beach, CA

Listing date Apr 28, 2026

MLS# NP26092209

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a development opportunity featuring permitted plans on a large lot in Irvine Terrace, encompassing over 4/5 of an acre. The contemporary architectural design by Brandon Architects takes advantage of the unique building site, allowing for a private residence with modern elements while maintaining warmth and texture. The design maximizes views and indoor-outdoor connections. The main residence offers nearly 11,000 square feet of living space, with up to 7 bedrooms, 7 baths, and 2 powder rooms. It includes an ocean view great room with a bar adjacent to a gourmet show kitchen and a chef's kitchen. The design incorporates a lounge area with a bar, wine room, tasting area, table games area, and media room. A home gym with a bath and sauna is also included. Exterior amenities feature a pool and spa with a baja shelf and sunken fire pit, an outdoor kitchen with a sit-at bar, dining and lounge areas, a bocce ball court, a grassy lawn, a sauna, and a pool bath. A private 770 square foot 1-bedroom guest house is located on the tip of the lot. The garage accommodates 5 vehicles, with additional off-street parking in the gated motor court. The property offers views of the Pacific Ocean, Newport Harbor, Catalina Island, and city lights. It is in close proximity to Balboa Island, beaches, private golf, tennis & yacht clubs, Fashion Island/Newport Center, and the heart of Corona del Mar. The lot size is approximately 0.819 acres.

Key Highlights

  • Development opportunity on a large (4/5 acre) lot in Irvine Terrace with permitted plans by Brandon Architects.
  • Contemporary architectural design maximizing views and indoor‑outdoor connections, creating a 5‑star resort feel.
  • Main residence with nearly 11,000 sf of living space, up to 7 bedrooms, 7 baths, and 2 powder rooms, including ocean view Great Room, Gourmet Kitchens, Lounge with Bar and Wine Room, Table Games area, and Media Room.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Auto Parts Store Storage Facility Grocery & Convenience Store Building Supply (Bike/Boat/Book/etc) Store Plumbing Service Garden Center Daycare Center Pet Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Land - Development opportunity in Irvine Terrace with permitted contemporary architectural plans.
Where is this land located?
The property is located at 525 El Paseo Drive Corona del Mar, CA.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Development opportunity on a large (4/5 acre) lot in Irvine Terrace with permitted plans by Brandon Architects.; **Contemporary architectural design maximizing views and indoor‑outdoor connections**, creating a 5‑star resort feel.; Main residence with nearly 11,000 sf of living space, up to 7 bedrooms, 7 baths, and 2 powder rooms, including ocean view Great Room, Gourmet Kitchens, Lounge with Bar and Wine Room, Table Games area, and Media Room.
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