Perched on the front row of Corona del Mar’s coveted Irvine Terrace, 1535 Dolphin Terrace commands some of the most captivating views in all of Orange County. With an unmatched vantage point overlooking the mouth of the Newport Jetty, Harbor, Balboa Island, Catalina Island, and the sparkling Pacific and beyond, this property offers a front-row seat to the region’s most iconic sights—including nightly city lights, Fourth of July fireworks, and the world-famous Christmas Boat Parade. Ideally positioned across from the Newport Beach Country Club and moments from Fashion Island, Balboa Island, and the CDM Village, this single-level home offers both comfort and convenience in one of the coast’s most desirable neighborhoods. Inside, walls of glass frame the panoramic vistas from the great room, kitchen, and primary suite. The open-concept layout is perfect for entertaining, with a glass-enclosed dining area and expansive terrace for al fresco gatherings year-round. The resort-style backyard features an infinity-edge pool and elevated viewing terrace, ideal for watching boats glide through the channel by day and enjoying glowing sunsets and city lights by night. The primary suite includes a cozy fireplace and a spa-like bathroom with ocean-facing soaking tub, double vanities, and a walk-in shower. Whether you’re looking to move right in, renovate, or build your dream home, this is a rare opportunity to own one of CDM’s most iconic view properties in an unbeatable location.
For sale
Listing Provided by:
Paul Daftarian DRE #01317949 714-865-5969,
Luxe Real Estate,
Obeid Habibi DRE #01976307 949-630-7385,
Luxe Real Estate
Price cut: $520K (10/2)
$13,475,000
1535 Dolphin Ter, Corona Del Mar, CA 92625
3beds
3,312sqft
Est.:
Single Family Residence
Built in 1992
10,750 Square Feet Lot
$12,708,000 Zestimate®
$4,069/sqft
$60/mo HOA
What's special
World-famous christmas boat paradeCozy fireplaceResort-style backyardNightly city lightsSpa-like bathroomSingle-level homeFourth of july fireworks
- 126 days |
- 1,768 |
- 39 |
Zillow last checked: 8 hours ago
Listing updated: December 07, 2025 at 05:14pm
Listing Provided by:
Paul Daftarian DRE #01317949 714-865-5969,
Luxe Real Estate,
Obeid Habibi DRE #01976307 949-630-7385,
Luxe Real Estate
Source: CRMLS,MLS#: OC25135996
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Other
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Kitchen
- Features: Kitchen Island, Quartz Counters, Stone Counters
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- None
Appliances
- Laundry: Inside, Laundry Room
Features
- Wet Bar, High Ceilings, Open Floorplan, Stone Counters, All Bedrooms Down, Main Level Primary, Walk-In Closet(s)
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,312 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Direct Access, Garage Faces Front, Garage, On Street
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1st Floor
- Has private pool: Yes
- Pool features: In Ground, Private
- Has view: Yes
- View description: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Coastline,Harbor,Ocean,Water
Lot
- Size: 10,750 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 05028116
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Park, Suburban, Sidewalks
- Subdivision: Irvine Terrace (Irvt)
HOA
- Has HOA: Yes
- Amenities included: Sport Court, Management, Picnic Area, Playground, Tennis Court(s)
- HOA fee: $60 monthly
- HOA name: Irvine Terrace Community Association
- HOA phone: 800-428-5588
Location
- Region: Corona Del Mar
Financial & listing details
- Price per square foot: $4,069/sqft
- Tax assessed value: $3,746,405
- Date on market: 8/6/2025
- Cumulative days on market: 126 days
- Listing terms: Cash,Cash to New Loan,Conventional,Submit
Estimated market value
$12,708,000
$12.07M - $13.34M
$23,483/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Price change | $13,475,000-3.7%$4,069/sqft |
Source:  CRMLS #OC25135996 Report a problem | ||
| 8/7/2025 | Listed for sale | $13,995,000+40%$4,226/sqft |
Source: CRMLS #OC25135996 Report a problem | ||
| 10/26/2024 | Listing removed | $24,995$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/8/2024 | Price change | $24,995-10.7%$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/20/2024 | Listed for rent | $27,995-6.7%$8/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $3,746,405 +2% |
| 2024 | $39,040 +2.4% | $3,672,947 +2% |
| 2023 | $38,129 +1.7% | $3,600,929 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$83,214/mo
Principal & interest
$66423
Property taxes
$12015
Other costs
$4776
Climate risks
Neighborhood: Corona del Mar
Nearby schools
GreatSchools rating
- 7/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 1.4 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 1.9 mi
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