ActiveResidential · sale

183 Carnation Avenue

Corona Del Mar, CA 92625

$31,995,000

  • 2 beds
  • 4 baths
  • 3,553 sq ft
  • 1.41 acres
  • Built 2021

Listed by Coldwell Banker Realty · MLS #NP26153365

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The panoramic-view guest suite offers a walk-in closet, direct balcony access, and an en-suite bath with steam shower, while canted glass balcony railings, designed to deter birds, extend throughout the exterior spaces.

Details worth a look

Harbor views continue into the primary suite, where a marble fireplace anchors the bedroom and a private sitting room overlooks the harbor, connected by a private view balcony.

Year built

Built in 2021.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Capturing Newport Beach's rare beach, bay, and bluff trifecta, this contemporary retreat balances elevated luxury with the intrigue of a 007-inspired aesthetic. Poised above Newport Harbor, with its own private boat slip accommodating a vessel up to 30 feet within the AERIE marina, the residence commands views across the Pacific Ocean, the channel, The Wedge, bay, and storied Sand Dollar Cove. Architecture by Brion Jeannette, construction by Tony Valentine Construction, and interiors by Leo Parrella Design Group unite in a residence defined by precision and cinematic sophistication. Walls of glass dissolve the boundary between interiors and horizon, while a Savant home-automation system with Alarm.com security supports effortless living. Main living areas are clad in Calacatta Bluette marble sourced as a single block in Italy, cut into a proprietary format with stainless steel reglets for a one-of-a-kind pattern. Panoramic water views animate the great room, where a fireplace is framed in Cristallo Quartzite from Brazil. Super-honed Calacatta Borghini marble surrounds the kitchen's countertops, with Gaggenau appliances and built-in sous vide equipment. Commercial-grade Sub-Zero refrigeration for 1,000+ bottles and a dedicated tasting area fill the privately secured wine enoteca, not included in square footage. Harbor views continue into the primary suite, where a marble fireplace anchors the bedroom and a private sitting room overlooks the harbor, connected by a private view balcony. Heated floors, an in-ground spa, and an outdoor shower complete a second private patio. Two custom closets and dual marble primary baths with full-slab showers and Waterworks fixtures round out the suite, along with a bullet-resistant safe room and dedicated phone line. The panoramic-view guest suite offers a walk-in closet, direct balcony access, and an en-suite bath with steam shower, while canted glass balcony railings, designed to deter birds, extend throughout the exterior spaces. Set within AERIE, a LEED-certified collection of just seven ultra-luxury residences, homeowners enjoy the marina setting along with a pool, shared community Duffy boat, and the Sand Dollar Lounge with a full bar and catering kitchen. Direct access to a private two-car garage, shared by only one other residence at AERIE, adds further ease. A private staircase leads to a secluded beach cove and yacht marina, while the dining, shopping, and village atmosphere of Corona del Mar are close at hand.

THE NEIGHBORHOOD

Explore the location.

183 Carnation Avenue, Corona Del Mar, CA 92625

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2021
Full baths
3
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
ForcedAir
Appliances
Dishwasher,ElectricCooktop,Freezer,GasCooktop,IceMaker,Refrigerator,RangeHood,WaterSoftener,WarmingDrawer,WaterPurifier
Flooring
Stone
Pool
No
Pool features
Association
Spa
Yes
Subdivision
Corona del Mar South of PCH (CDMS)
Parcel
93266078
HOA
Aerie Community Association
HOA amenities
ControlledAccess,Dock,FitnessCenter,Gas,MaintenanceGrounds,Management,OutdoorCookingArea,Barbecue,Pool,RecreationRoom,SpaHotTub,Utilities,Water
HOA fee frequency
Monthly
HOA fee
$5,103.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$133,312.50
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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183 Carnation Avenue, Corona Del Mar, CA 92625 · MLS #NP26153365

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Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Corona Del Mar.

Listing information

MLS #NP26153365 · California Regional MLS

Listing brokerage: Coldwell Banker Realty
Listing agent: Tim Smith

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.