724 Malabar Dr, Corona Del Mar, CA 92625 - View 1
724 Malabar Dr, Corona Del Mar, CA 92625 - View 2
724 Malabar Dr, Corona Del Mar, CA 92625 - View 3

724 Malabar Dr, Corona Del Mar, CA 92625

List Price: $5,495,000On Market FlagOn market
Apr 9, 20252,018 sqft3 beds3 baths
Listed by: Jody Chapman
License #: 01338862
Phone #: 949.689.8594
Compass
Source:
CRMLS Logo
MLS #: NP25076517

Property Description

This is a truly rare opportunity! Nestled in the prestigious Irvine Terrace neighborhood, this spectacular example of mid-century modern architecture boasts sweeping ocean and harbor views from the living area and showcases the absolute best design elements of the period. Designed with Eichler-inspired essentials, this 3 bedroom, 3 bath residence has been improved and appreciated by a true MCM enthusiast. Modern touches like stainless steel appliances, central AC, tongue-in-groove beamed ceilings, and louvered windows combine form with function for the discerning buyer. Stunning living spaces include an ocean / bay view living room, a sunny family room with courtyard views, a light infused kitchen with dual access and bar seating, and even a cozy alcove for relaxation, reading or recreation. Featuring two separate outdoor spaces, the central atrium serves as a perfect showcase of California living, blending indoor and outdoor spaces seamlessly. The huge, private backyard, with its mature landscaping, offers a fantastic canvas for expansion while still leaving room for ample yard space. World-class beaches, shopping, dining, entertainment, and top-rated schools just minutes away, this home truly has it all. Additionally, it offers easy access to the community’s exceptional amenities, including tennis courts, parks, playgrounds, and basketball courts. The home showcases beautifully preserved original features that highlight its timeless appeal. Special note this site is comprised of two separate contiguous lots.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$81,150

TurboHome Estimated Value

$5,452,500

$2,702 sqft

High Valuation
$5,725,125
$2837/sqft
Normal Valuation
$5,452,500
$2702/sqft
Low Valuation
$5,179,875
$2567/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2702/sqft$5,452,500

Neighborhood: Irvine Terrace (IRVT)

Loading map...

Comparative Value

$3.90M

$4.40M

$5.50M

$6.96M

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale Price: $3,896,188

Selected Comparable

214 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $4,000,000

Selected Comparable

513 Dahlia Ave, Corona Del Mar, CA 92625

Sale Price: $4,100,000

Selected Comparable

1400 Santanella Ter, Corona Del Mar, CA 92625

Sale Price: $4,400,000

Selected Comparable

724 Malabar Dr, Corona Del Mar, CA 92625

List Price: $5,495,000

Subject Property

1202 S Bay Front, Newport Beach, CA 92662

Sale Price: $6,965,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
724 Malabar Dr, Corona Del Mar, CA 92625

724 Malabar Dr, Corona Del Mar, CA 92625

List: $5,495,000

Listed: 4/9/2025

Area:2,018 sqft
Price/sqft:$2,723
Beds:3
Baths:3
Year Built:
Lot Size:8,615

Comparable Properties

COMPARABLE
Choose comps
1400 Santanella Ter, Corona Del Mar, CA 92625

1400 Santanella Ter, Corona Del Mar, CA 92625

Sale: $4,400,000

5/20/20250.25 mi

Area:2,273 sqft
Price/sqft:$1,936
Beds:3
Baths:3
Year Built:
Weight:21.4%
214 Sapphire Ave, Newport Beach, CA 92662

214 Sapphire Ave, Newport Beach, CA 92662

Sale: $4,000,000

8/13/20250.70 mi

Area:2,340 sqft
Price/sqft:$1,709
Beds:3
Baths:3
Year Built:
Weight:21.1%
1202 S Bay Front, Newport Beach, CA 92662

1202 S Bay Front, Newport Beach, CA 92662

Sale: $6,965,000

10/22/20240.63 mi

Area:2,160 sqft
Price/sqft:$3,225
Beds:3
Baths:3
Year Built:
Weight:20.2%
1300 Santanella Ter, Corona Del Mar, CA 92625

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale: $3,896,188

1/6/20250.33 mi

Area:2,152 sqft
Price/sqft:$1,810
Beds:3
Baths:4
Year Built:
Weight:18.7%
513 Dahlia Ave, Corona Del Mar, CA 92625

513 Dahlia Ave, Corona Del Mar, CA 92625

Sale: $4,100,000

7/30/20250.63 mi

Area:2,636 sqft
Price/sqft:$1,555
Beds:3
Baths:3
Year Built:
Weight:18.6%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times