2889 Way Lane Corona Del Mar, 92625

Bedrooms:
4
Bathrooms:
5
Square Feet:
4,642 sqft
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Virtual Tour of 2889 Way Lane , Corona Del Mar 92625

Property Description

Showcased on a trophy bluff-top dream lot in one of the most exclusive coves in the world, China Cove, suspended above water, 2889 Way Ln is arguably the most treasured & distinguishable custom home to be prominently positioned within the iconic mouth of the Newport Beach Jetty. After a rigorous 6 year process, completed in 2022, this irreplaceable waterfront achievement embodies masterful craftsmanship, divine modern architecture, set against unparalleled views of the Pacific Oceans sparkling waters, Catalina Islands rolling cliff-sides, captivating boat activity flowing in & out of the harbor, marine life, & picturesque sunsets year-round. The newly redesigned turnkey residence showcases bright & open-concept living spaces, entertainment-ready outdoor space, & countless thoughtful design features. A beautiful symphony of soft contemporary design & effortless flow create a truly unique experience of space; beginning with a welcoming foyer and oversized great room, dining room with vaulted ceilings, offering awe-inspiring unobstructed sunrise to sunset panoramas from nearly every perspective. Impeccable craftsmanship is on display in the chefs kitchen, lined with sleek custom cabinetry, pro-series appliances, a marvelous 16 seven person waterfall island, & stone countertops throughout. Spanning ~4,642 SF, the residence intertwines the indoor and outdoor spaces through the use of oversized glass windows & Fleetwood sliding doors, which open to multiple wraparound balconies offering sweeping ocean views & brilliant coastline frames, as well as a central courtyard with outdoor fireplace, BBQ, & various seating options. The lower level space is the perfect setting to host with walk-in bar, ocean front balcony, & dedicated powder room. The residence is highlighted by 4 beds & 1 functioning as home office + 5 baths. Ascend to a supremely private primary suit that spans the entirety of the upper level & opens up to a viewing balcony above the courtyard. Unwind by the fireplace, immerse yourself in the soothing sound of waves crashing below, indulge in the spa like bath outfitted with designer stonework, free standing soaking tub, rain shower, dual vanities, & generously appointed walk in closet. Additional home features include a 3 car garage plus driveway space for an additional 3 cars, smart home automation, & security. This legacy estate is just steps away form China Cove beach, Pirates Cove, Main beach, CdM Village, award-winning schools, & entertainment.

General Information

Listing Attribution:
Luxe Real Estate 714-865-5969
Listing Agent:
Paul Daftarian
CalBRE#:
01317949
Price:
$16,500,000
Status:
Closed
Listing Updated:
11/2/2023
List Date:
2/26/2023
Close Date
2023-11-01
Square Feet:
4,642
Bedrooms:
4
Bathrooms:
5
Garage Spaces:
3.00
Year Built:
1972
City:
Corona Del Mar
Zip:
92625
County:
Orange
MLS ID:
OC23032274
Buyer Agency Compensation:
2.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Built-in Features, Balcony, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Smart Home, Bar, Wired for Sound, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
Exterior Features:
Barbecue, Lighting
Appliances:
6 Burner Stove, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Flooring:
Laminate, Stone
Laundry:
Inside, Laundry Room
Architectural Style:
Custom, Modern
Levels:
Multi/Split
Fireplace Features:
Living Room, Primary Bedroom, Outside
Cooling:
Central Air
Heating:
Central
Utilities:
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
CS - Corona Del Mar - Spyglass

Lot Information

Lot Size (sq feet):
5,588

Location Information

Directions:
From Seaview Ave, turn onto Dahlia Ave, continue straight onto Fernleaf Ramp, Turn left onto Way Ln, home will be on the left. Alternatively from Ocean Blvd, turn onto Fernleaf Ramp.

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

2889 Way Lane Corona Del Mar CA 92625

Property Type:
Single Family Residence
Bedrooms:
4
Bathrooms:
5
Interior SqFt:
4642
Interior Stories:
2
Year Built:
1972

3 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.4 Miles
$13,700,000
1.66 Miles
$3,765,000
1.89 Miles
$6,300,000

11 Active Properties

Address
Distance/Miles
Active Price
Details
1.32 Miles
$12,995,000
1.87 Miles
$10,950,000
1.5 Miles
$10,495,000
1.72 Miles
$7,095,000
1.33 Miles
$11,495,000
1.92 Miles
$27,900,000
0.49 Miles
$17,995,000
0.92 Miles
$11,795,000
1.3 Miles
$13,590,000
0.72 Miles
$9,975,000
0.89 Miles
$12,750,000