714-914-4996

724 Malabar Drive,
Corona del Mar, CA 92625

$5,495,000

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.

Basic Information

MLS #:
NP25076517

Price:
$5,495,000

Price
(per sq ft):
$2,722.00

Address:
724 Malabar Drive ,
Corona del Mar, CA 92625

MLS Area:
CS - Corona Del Mar - Spyglass

Subdivision:
Irvine Terrace (IRVT)

Property
Type:
Single Family Residence

Days on Market:
89

Status:
Active

Bedrooms:
3

Bathrooms:
3

Full Baths:
3

Size (sq ft):
2,018 sq ft

Lot Size:
8,615 sq ft

Year Built:
1962

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down, Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom

Eating Area:

Laundry:
In Garage

Entry Location:
1

Interior Features

Fireplace:
Living Room, Gas Starter

Cooling:
Central Air

Heating:
Central

Floor:
Wood

Appliances:

Interior Features:
Beamed Ceilings, Built-in Features, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting

Security:

Accessibility:
No Interior Steps

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$75.00 / Monthly

HOA Dues 2:
$

HOA Amenities: 
Barbecue, Picnic Area, Playground, Tennis Court(s)

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:
LINCOL

Middle:
CODEMA

High:
CODEMA

Exterior Features

Pool:
None

Spa:

Patio:

View:
Bay, Catalina, City Lights, Ocean

Construction:

Foundation:
Slab

Roof:
Composition

Windows:

Common Walls:
No Common Walls

Levels:
One

Lot Features:
Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Level, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Curbs, Park, Sidewalks, Street Lights

Other Structures:

Structure Condition:
Additions/Alterations

Direction Faces:

Listed by:
Compass , Jody Chapman , 01338862

Co-Listed:

Last
Updated:
7/7/2025 10:47 AM

724 Malabar Drive,
Corona del Mar, CA 92625