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$6,800,000

$6,998,000 2.8%

Est. payment - /mo

5 Beds

5 Baths

3,917 SqFt

Sold on 04/28/2025

38 Drakes Bay DR Corona Del Mar, CA 92625

Name: Open House - 11AM-3PM
Start: 2025-05-22T11:00:00.000Z
End: 2025-05-22T15:00:00.000Z
Location: 29071 Lassen Dr, Lake Arrowhead, CA 92352

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Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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UPDATED:

Key Details

Sold Price $6,800,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,917 sqft

Price per Sqft $1,736

Subdivision Spyglass Hill (Spyh)

MLS Listing ID OC25021168

Sold Date 04/28/25

Bedrooms 5

Full Baths 4

Half Baths 1

Condo Fees $685

Construction Status Updated/Remodeled,Turnkey

HOA Fees $228/qua

HOA Y/N Yes

Year Built 2024

Lot Size 0.285 Acres

Property Sub-Type Single Family Residence

Property Description

Perched in prestigious Spyglass Hill, 38 Drakes Bay Dr is a masterclass in design, craftsmanship, and modern luxury. Framed by breathtaking panoramic views of city lights and snow-capped mountains, this newly rebuilt home delivers an unparalleled living experience, where architecture, functionality, and innovation converge in perfect harmony. Designed with no expense spared, the home was thoughtfully overbuilt as a forever retreat. The result is a resort-style sanctuary, offering seamless indoor-outdoor flow, impeccable fit & finish, & smart home tech. Upon entry, expansive walls of glass and oversized windows bathe the home in natural light, highlighting a timeless material palette and flawless craftsmanship. The family room flows into the chef's kitchen, featuring bar seating, top-tier appliances, and a breakfast nook that extends to both the dining room and outdoor dining with fire-lit lounges. The dedicated dining room opens to an outdoor lounge and kitchen, perfect for hosting year-round with motorized rain-sensing pergolas and Infratech heating. The formal living/entertainment room is a showpiece, featuring a wine wall, wet bar, and La Cantina pocketing doors that erase the boundary between indoor and resort-caliber outdoor living. A generous outdoor oasis wraps the rear of the property, designed for daily relaxation and large-scale entertaining. The saltwater pool and spa, multiple covered dining and lounge areas, outdoor kitchen, and fire features set against spectacular views create the ultimate retreat. Meticulously manicured landscaping and lighting complete the space and bring the home to life. A main-floor en-suite bedroom with a private Zen patio offers flexibility as a guest retreat or home office. Upstairs, the primary suite is an experience unto itself, featuring a cozy fireplace, spa-like bath with floating tub, walk-in shower, dual vanities, and makeup station. An oversized walk-in closet with island and a panoramic view balcony make this retreat truly exceptional. A junior primary/in-law suite, two secondary bedrooms, and a dedicated laundry room complete the upper level. Equipped with Control4 smart home automation, an oversized three-car garage with EV charger, and solar panels, the home is both intelligent and efficient. Moments from the CdM Village, world-class resorts, shopping, dining, and beaches, 38 Drakes Bay Dr offers an unmatched blend of lifestyle, luxury, and breathtaking beauty—all at incredible value.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Main Level Bedrooms 1

Interior

Interior Features Wet Bar, Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Open Floorplan, Pull Down Attic Stairs, Stone Counters, Recessed Lighting, Smart Home, Bar, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)

Heating Central, ENERGY STAR Qualified Equipment, Forced Air

Cooling Central Air, Dual, ENERGY STAR Qualified Equipment, High Efficiency, Zoned

Flooring Wood

Fireplaces Type Den, Family Room, Gas, Primary Bedroom, Outside

Fireplace Yes

Appliance Built-In Range, Barbecue, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer

Laundry Laundry Room, Upper Level

Exterior

Exterior Feature Barbecue, Lighting, Fire Pit

Parking Features Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Public, On Street

Garage Spaces 3.0

Garage Description 3.0

Fence Excellent Condition, Privacy, Security, Stucco Wall

Pool Heated, In Ground, Private, Salt Water

Community Features Biking, Curbs, Gutter(s), Hiking, Street Lights, Suburban, Sidewalks, Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Picnic Area, Playground

View Y/N Yes

View City Lights, Hills, Mountain(s), Neighborhood

Roof Type Copper

Porch Concrete, Covered, Deck, Front Porch, Open, Patio, Stone

Attached Garage Yes

Total Parking Spaces 6

Private Pool Yes

Building

Lot Description 0-1 Unit/Acre, Back Yard, Drip Irrigation/Bubblers, Front Yard, Landscaped, Near Park, Rectangular Lot, Sprinkler System, Street Level, Value In Land, Walkstreet, Yard

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Custom

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

School District Newport Mesa Unified

Others

HOA Name Spyglass Hill Association

Senior Community No

Tax ID 46105110

Security Features Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,24 Hour Security,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard