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3308 Ocean Blvd, Corona Del Mar, CA 92625

Sale Price: $13,650,000
May 1, 20247,581 sqft5 beds8 baths
Listed by: Michael Shank
License #: 01876840
Phone #: 949-244-3494
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Source:
CRMLS Logo
MLS #: NP24086000

Property Description

Appreciate breathtaking whitewater ocean, Catalina Island, and Big Corona beach views in the heart of Corona del Mar. Situated on an elevated lot, this soft contemporary estate has approximately 7,581 square feet of open-concept living space. The furnished masterpiece has four bedrooms and seven baths in the main residence, a subterranean temperature-controlled wine cellar, gym, billiard/game room, and an elevator (servicing all three levels) to the 360-degree view rooftop deck with a jacuzzi. Upon entry to the property, you have an inviting entertainer’s terrace with fire feature, that spans the width of the home and offers views of the stunning southern California coast. Walls of glass glide away for indoor/outdoor beach living at its finest. In addition, the exceptionally large second-level master suite occupies the width of the property and presents endless ocean views, a spa-like master bath retreat, wood burning fireplace, a sitting area + office area, an attached gym, and a closet + dressing room. The gallery hall boasts soaring ceilings allowing for natural light throughout the residence. All the benefits of a gourmet kitchen you would expect are present including a butler pantry with a Sub-Zero refrigerator, an oversized LED-lit island, and a view. The home also includes three wood-burning fireplaces, a four-car garage, and a detached full one-bedroom Accessory Dwelling Unit with private laundry. The sophisticated ocean view property is ideal for the most discerning clientele.
Assignment
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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

$218,688

TurboHome Estimated Value

$14,787,100

$1,951 sqft

High Valuation
$15,526,455
$2048/sqft
Normal Valuation
$14,787,100
$1951/sqft
Low Valuation
$14,047,745
$1853/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1951/sqft$14,787,100

Neighborhood: Corona del Mar South of PCH (CDMS)

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Comparative Value

$9.50M

$13.65M

$14.99M

$18.75M

4545 Tremont Ln, Corona Del Mar, CA 92625

Sale Price: $9,500,000

Selected Comparable

3308 Ocean Blvd, Corona Del Mar, CA 92625

Sale Price: $13,650,000

Selected Comparable

3308 Ocean Blvd, Corona Del Mar, CA 92625

List Price: $14,995,000

Subject Property

20 Shoreline, Newport Coast, CA 92657

Sale Price: $18,750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
3308 Ocean Blvd, Corona Del Mar, CA 92625

3308 Ocean Blvd, Corona Del Mar, CA 92625

List: $14,995,000

Listed: 5/1/2024

Area:7,581 sqft
Price/sqft:$1,978
Beds:5
Baths:8
Year Built:
Lot Size:7,300

Comparable Properties

COMPARABLE
Choose comps
3308 Ocean Blvd, Corona Del Mar, CA 92625

3308 Ocean Blvd, Corona Del Mar, CA 92625

Sale: $13,650,000

2/10/20250.00 mi

Area:7,581 sqft
Price/sqft:$1,801
Beds:5
Baths:8
Year Built:
Weight:37.5%
20 Shoreline, Newport Coast, CA 92657

20 Shoreline, Newport Coast, CA 92657

Sale: $18,750,000

3/18/20250.99 mi

Area:7,300 sqft
Price/sqft:$2,568
Beds:5
Baths:8
Year Built:
Weight:33.7%
4545 Tremont Ln, Corona Del Mar, CA 92625

4545 Tremont Ln, Corona Del Mar, CA 92625

Sale: $9,500,000

8/23/20240.74 mi

Area:7,600 sqft
Price/sqft:$1,250
Beds:5
Baths:7
Year Built:
Weight:28.8%

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