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621 Malabar Drive, Corona del Mar, CA 92625

$10.99M3bd · 5ba · 3,871 sqft
Lot 9,216 sqft•HOA $875/mo•Single Family Residence•
Active
•11d on market•MLS# NP-26222391

Property Description

Light does not simply enter this home; it resides within it. Glass is not merely a material but a philosophy of design that shapes perspective and dissolves the boundary between structure and nature. Nearly every room opens outward, revealing terraces, the pool, and the coastal community that defines Irvine Terrace. Originally envisioned by Brandon Architects, this approximately 3,871-square-foot fully furnished residence has undergone a refresh of remarkable completeness. A dramatic stone accent wall flows seamlessly from the exterior into the foyer, enhanced by skylights and thoughtfully designed awnings that fill the space with natural light. The living, dining, and kitchen areas flow together as one vast, luminous space framed by retractable glass walls that erase the distinction between indoors and outdoors. Beyond, the newly resurfaced pool is embraced by a private hillside that offers serenity and seclusion for entertaining. A secondary primary suite captures ocean views that embody the enduring allure of Corona del Mar. Technology and refinement converge through radiant heated floors and a bespoke Control4 system. Every detail reflects precision and purpose. The result is architecture that moves in harmony with its surroundings, a home conceived for those who live with intent and appreciate the perfection of modern coastal living. A rare vision. An extraordinary execution.

Features & Amenities

FeeBuilt 2016

Property Details

Land Type
Fee
Year Built
2016
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Peek-A-Boo
Roof
Flat
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byPlus Real Estate, Michael Shank

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$55,596.70
Principal & Interest
Loan Amount
$8,796,000
Total Interest
$11,218,813
Total Payment Over 30 Years
$20,014,813
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

621 Malabar Drive, Corona del Mar, CA 92625

Corona del Mar · Single Family Residence

$10.99M
Luxury Tier
Beds
3
Baths
5
Sqft
3,871
Lot
9,216 sqft
Year
2016
$/Sqft
$2840
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 3-car✓

Listed 4.4% below the median closed sale of $11,500,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 162 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $10.99M· $2,840/sqft
Total list price
Closed comps
vs closed median $11.50M
−$505K (−4.4%)
Active comps
vs active median $11.50M
−$505K (−4.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,802
+$38 (+1.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1030 Sandcastle DriveCorona del Mar2023585,0559,028$2,275$11.50M4363
113 Grand CanalNewport Beach2026462,5012,550$4,396$10.99M8063
1399 Galaxy DriveNewport Beach2025565,7749,624$2,077$11.99M3262
2801 Setting SunCorona del Mar2003443,70010,720$3,203$11.85M1062
660 Kings RoadNewport Beach2017574,8618,100$2,057$10.00M22762
Total: 5 · Average4.66.24,378.28,004.4$2,801.6$11.27M78.4
Median4,861$11.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1535 Dolphin TerraceCorona del Mar199208/19/2026343,31210,750$12.99M$12.25M$3,6990.9418971
1521 Bayadere TerraceCorona del Mar202006/26/2026466,09516,211$13.50M$11.50M$1,8870.8519063
212 Goldenrod AvenueCorona del Mar202211/25/2025384,5923,540$11.75M$11.60M$2,5260.9932661
333 ApolenaNewport Beach202501/08/2026463,2943,400$9.99M$9.40M$2,8540.94055
736 Harbor Island DriveNewport Beach197910/07/2026543,9225,000$9.75M$9.35M$2,3840.9610753
Total: 5 · Average3.85.64,2437,780.2$10.82M$10.82M$2,670—162.4
Median3,922$11.50M$11.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.