Corona del Mar Mansion Sells for $26M, Year’s Priciest Sale

A bayfront mansion large enough to park a 100-foot yacht has sold in Newport Beach’s Corona del Mar for $26 million.

A mystery buyer purchased the 9,300-square-foot mansion at 2201 Bayside Drive, on the north side of the harbor inlet where it bends into Newport Harbor, the Orange County Business Journal reported. The seller was also undisclosed.

Broker Garrett Weston of Coldwell Banker Realty represented the seller and the buyer in the deal.

The six-bedroom, nine-bathroom house was initially listed last month for $28 million, according to Redfin. It sold two days later for 7 percent less than its asking price. It had last traded in November 2023 for $24.5 million.

The last two sales of the home shattered local home sales records, according to the Business Journal.

But a report by The Real Deal said the record holder for the priciest home in Corona Del Mar belongs to a former mansion at 401 Avocado Avenue known as the Big Blue House, owned by an Irvine family heir. In 2017, the home sold for $35 million, and was demolished three years later.

The more recent sale on Bayside Drive includes a contemporary home, built in 2021 on a quarter acre, facing the stream of boats coming in and out of Newport Harbor.

The house has 50 feet of private beachfront and shared ownership of one of the longest private docks on the West Coast, capable of accommodating multiple yachts up to 100 feet in length, according to The Oppenheim Group.

The three-story mansion has European wide plank bleached oak floors, illuminated floating staircases and floor-to-ceiling walls of glass looking past the harbor jetties out onto the Pacific Ocean.

It has a gourmet kitchen, butler’s pantry, elevator, a master bedroom with a heated wraparound balcony, a heated outside patio with a zero-edge saltwater pool and spa, and an underground garage for six cars.

“What makes this home special — being newer construction on the water with the square footage that the home offers and having that size boat dock makes it a rare find,” Weston told the Business Journal.

Luxury sales in Corona del Mar have been heating up.

In July, a 9,100-square-foot house at 4527 Perham Road sold for $21 million, while a 7,500-square-foot house at 4539 Fairfield Drive sold for $18 million, according to the Business Journal.

This year, a 7,600-square-foot estate at 3308 Ocean Boulevard sold for $13.7 million, while most homes sold for between $2 million and $6 million.

Last fall, builder and broker Lin He listed a four-story, 11,600-square-foot oceanfront mansion at 77 Shorecliff Road for $49.5 million, $28.9 million more than he paid for the home two years earlier.

— Dana Bartholomew