Open House Sun, Sep 13th 01:00 PM - 04:00 PM - Price Reduction - Water Views - Primary on Main
Listed By:
John Russell with Pacific Sotheby's Int'l Realty; 949-922-7973
Address
55 Montecito, Corona Del Mar, CA
Price
$ 7,500,000
Property Attributes
  • MLS#OC26168723
  • TypeSingle Family
  • Listing Status Active
  • CountyOrange
  • CityCorona Del Mar
  • Area Corona Del Mar - Spyglass
  • NeighborhoodSpyglass Hill Custom (SPYC)
  • Zip92625
  • Style
  • Year Built1995
  • Price$ 7,500,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage4970
  • Lot Size0.3021 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Perched high within the prestigious enclave of Spyglass Hill, 55 Montecito presents a rare opportunity to experience sweeping panoramic views that stretch across the Pacific Ocean, Catalina Island, Newport Harbor, sparkling city lights, unforgettable sunsets, and seasonal fireworks. Behind private gates, this exceptional estate offers resort-inspired living in one of Corona del Mar's most coveted neighborhoods. A lush tropical setting welcomes you home with mature landscaping, cascading waterfalls, a sparkling pool and spa, generous outdoor entertaining spaces, and an additional private spa and fire pit overlooking the spectacular backdrop. Inside, a dramatic two-story foyer, soaring ceilings, sweeping staircase, and walls of French doors create a grand first impression while seamlessly connecting the elegant interiors with the breathtaking outdoor setting. Designed for both everyday comfort and effortless entertaining, the expansive floor plan offers five bedrooms, five-and-one-half bathrooms, and multiple flexible living spaces. Upstairs, the spacious primary suite captures magnificent ocean and harbor views from its private balcony and is complemented by a secondary en-suite bedroom and an expansive den, each enhanced by fireplaces and access to viewing balconies. The main level features an additional en-suite bedroom with patio access, two secondary bedrooms—including one with a private entrance and en-suite bath—a library, large laundry room, powder bath, and a versatile bonus room ideal for a gym, media room, or playroom. The chef's kitchen is equipped with Sub-Zero refrigeration, quality appliances, abundant custom cabinetry, and a generous breakfast bar that opens to the inviting family room with fireplace and casual dining area—all positioned to enjoy the remarkable views. Formal living and dining rooms provide elegant spaces for entertaining, complete with a fireplace, built-in bar, and seamless indoor-outdoor flow. While the residence presents an opportunity for thoughtful updating, its exceptional setting, generous scale, timeless architecture, and truly unmatched panoramic views create an extraordinary canvas for those seeking one of Spyglass Hill's premier locations. Properties offering this combination of privacy, views, and potential are exceptionally rare, making 55 Montecito an outstanding opportunity to reimagine a remarkable coastal estate.

Elementary School Middle School High School
Lincoln Elementary School Corona Del Mar Middle School Corona Del Mar High School
Price History
8/7/2026 Listed $8,500,000
8/19/2026 6$7,950,000
9/9/2026 6$7,500,000

General Features

Living Area 4970
Sewer Sewer Tap Paid
Heating Central,Forced Air,Fireplace(s),Natural Gas
Cooling Central Air,Dual,Electric
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Possession Close Of Escrow
Appliances Double Oven,Dishwasher,Gas Cooktop,Disposal,Gas Range,Microwave,Refrigerator,Vented Exhaust Fan,Water To Refrigerator,Water Heater,Warming Drawer,Water Purifier
HOA Fee 685
Garage Spaces 2
Patio/Porch Features Brick,Patio
Architectural Style Mediterranean
Pool Features In Ground,Private
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Year Built 1995
Electric Standard
View Bay,Catalina,City Lights,Coastline,Harbor,Marina,Mountain(s),Ocean,Panoramic,Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Curbs,Storm Drain(s),Street Lights,Park
Accessibility Safe Emergency Egress from Home,Accessible Hallway(s)
Assoc Fee Paid Per Quarterly
County Orange
New Construction false
Property Type Residential
Association Amenities Playground
HOA true
Attached Garage true
Subdivision Name Spyglass Hill Custom (SPYC)
Garage Y/N true
Full Baths 5
Special Listing Conditions Standard
Status Active
Directions Spyglass Hill > El Capitan > Montecito > 55 Montecito
High School Corona Del Mar
City Corona Del Mar
Disclosures Covenants/Restrictions Disclosure,HOA Disclosure
Association Name Spyglass Hill Comm Assoc
Entry Location 1
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 1
MLS Area CS - Corona Del Mar - Spyglass
Lot Size Units Square Feet
Lot Size Square Feet 13160
Listing Terms Cash,Cash to New Loan
Spa Features In Ground,Private
Elementary School Lincoln
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Corona Del Mar
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Public Records
Tax Lot 58
Property Sub Type Additional Single Family Residence
PostalCity CORONA DEL MAR

Interior Features

Interior Amenities Breakfast Bar,Separate/Formal Dining Room,Granite Counters,Pantry,Bedroom on Main Level,Entrance Foyer,Main Level Primary,Multiple Primary Suites,Walk-In Closet(s)
Flooring Carpet,Stone
Fireplace Features Den,Gas,Living Room,Primary Bedroom
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Laundry Chute,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 3
LivingAreaSource Estimated
Total Baths 6

Exterior Features

Exterior Amenities Rain Gutters,Fire Pit
Fencing Block,Wrought Iron
Parking Features Door-Multi,Direct Access,Driveway,Driveway Up Slope From Street,Garage Faces Front,Garage,Garage Door Opener
Lot Features Back Yard,Sprinklers In Rear,Sprinklers In Front,Near Park,Sprinkler System
Water Source Public
Total Parking 2
Lot Size Area 13160
Spa true
Lot Size Acres 0.3021
Road Surface Type Paved
Private Pool true
Lot Size Source Estimated
Door Features Sliding Doors
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92625

Price
AVG $11.29M
$7.5M
Year Built
AVG 1990
1995

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