- 5 beds
- 5 baths
- 3,850 sqft
- $5 per sqft
- 1976 build
- – on site
Welcome to 48 Drakes Bay—a striking blend of coastal sophistication and modern design, ideally positioned in the heart of Corona del Mar. Spanning nearly 3,700 square feet, this thoughtfully designed residence offers a rare combination of volume, functionality, and refined elegance just moments from the village, award-winning schools, world-class shopping, and pristine beaches. Perched to capture serene city light views, this five-bedroom, four-and-a-half-bathroom home features a highly versatile layout with three bedrooms on the lower level and two on the upper level—perfect for accommodating multi-generational living, guests, or a private office setup. Expansive bi-folding doors along the rear facade create a seamless indoor-outdoor connection, opening to a tranquil patio and allowing natural light to pour into the living spaces. The chef’s kitchen is a true centerpiece, boasting high-gloss white lacquer cabinetry, premium stainless steel appliances, and an oversized island with a custom built-in breakfast nook—ideal for casual dining or gathering with friends and family. Every detail has been thoughtfully curated to support both everyday living and effortless entertaining. Additional highlights include a wide, finished three-car garage with extensive built-in storage, a spacious primary suite retreat, and a location that puts you just minutes from Fashion Island, top-rated restaurants, and the best of Orange County coastal living.
Last checked:
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Last updated Jul 15, 2025
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MLS# OC25117691 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1976
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:1
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Structure Type:House
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Stories Total:2
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Entry Level:1
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Accessibility Features:Parking
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Common Walls:No Common Walls
Interior
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Levels:Two
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Entry Location:Front Door
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Kitchen Features:Kitchen Island, Remodeled Kitchen
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Eating Area:Breakfast Counter / Bar, Dining Room, In Kitchen
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Room Type:All Bedrooms Down, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bedroom, Primary Suite, Walk-In Closet
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:Yes
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Furnished:Unfurnished
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Fireplace:Living Room, Fire Pit
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Laundry:Individual Room, Inside
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Laundry:1
Room Dimensions
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Living Area:3850.00
Financial & Terms
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Lease Term:12 Months
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Pet Deposit:$1,000
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Rent Includes:Association Dues, Gardener
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Security Deposit:22500
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Additional Rent For Pets:No
Location
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Directions:Cross Streets: San Joaquin and El Capitan
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Latitude:33.61110300
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Longitude:-117.84294900
The Property
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Property Type:Residential Lease
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Subtype:Single Family Residence
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Property Condition:Turnkey
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Lot Features:0-1 Unit/Acre, Back Yard
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Lot Size Area:11025.0000
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Lot Size Acres:0.2531
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Lot Size SqFt:11025.00
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Lot Size Source:Assessor
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View:1
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View:City Lights, Hills, Mountain(s), Panoramic
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:626.45
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Tax Tract:7386
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Tax Lot:15
Beds
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Total Bedrooms:5
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Main Level Bedrooms:2
Baths
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Total Baths:5
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Bathroom Features:Shower, Double sinks in bath(s), Vanity area, Walk-in shower
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Full & Three Quarter Baths:4
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Main Level Baths:3
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Full Baths:4
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Half Baths:1
The Listing
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Parcel Number:46105115
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Shared Septic
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Water Source:Public
Appliances
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Appliances:Built-In Range, Dishwasher, Double Oven, Freezer, Range Hood, Refrigerator
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Included:Yes
Schools
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High School District:Newport Mesa Unified
The Community
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Subdivision:Spyglass Hill Custom (SPYC)
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Subdivision:Spyglass Hill Custom (SPYC)
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Features:Gutters, Sidewalks
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Association:Yes
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Pets Allowed:Yes
Parking
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Parking:Yes
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Parking:Direct Garage Access, Driveway, Garage, Garage Faces Front
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Parking Spaces:3.00
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Attached Garage:Yes
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Garage Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.