ActiveResidential · sale

7 Jetty Drive

Corona Del Mar, CA 92625

$3,800,000

  • 3 beds
  • 2 baths
  • 2,241 sq ft
  • 0.18 acres
  • Built 1977

Listed by Compass · MLS #NP26190132

7 Jetty Drive, Corona Del Mar, CA 92625 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1977.

Garage parking

2 garage spaces listed.

Property size

0.18 acres listed.

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

THE PROPERTY

Get to know the property.

An exceptional opportunity awaits in the most soughtafter gated community in Corona del Mar Jasmine Creek This sensational singlelevel 3 bedroom 2 bath home has been painstakingly recrafted to evoke the allure sensibility of the South of France complete with all the luxuries amenities demanded by the most discerning Youll appreciate the ideal orientation of this home which faces toward the sunset and is bathed in natural light during the day and surrounded by gorgeous gardens so artistically illuminated that they are experienced whether dining alfresco on the rear patio or enjoying a cozy fireside evening inside From the moment you enter the front door youll feel the magic that is 7 Jetty Drive Vaulted Beamed ceilings French oak flooring a superlative color palette custom furniturequality builtins multiple skylights exquisite lighting Each detail building upon and supporting the next Two spacious living areas each with its own fireplace an intimate dining area and an eatin chefs kitchen which is as functional as it is gorgeous Taj Mahal marble counters tumbled stone subway backsplash a farmhouse sink a compliment of professional Wolf stainless steel appliances select seeded glassfronted cabinetry premium fixtures and island seating Even the hallways offer focal points and lighted display and storage The primary bedroom is generously sized and curated to highlight relaxation offering an abundance of closet space and private garden accessed through French doors The primary bath is truly spainspired showcasing a separate shower soaking tub custom vanity with dual sinks and floating shelving Two additional bedrooms feature garden view bay windows with European Bistro window coverings custom builtins and lighting For your enjoyment Spring and Summer seasons provide an abundant selection of roses tuberous begonias sweet peas and architectural greens to enjoy as cut flowers placed throughout the home Multiple fruit trees Lemon Lime and select herbs and tomatoes will certainly find their way into your favorite recipes The French Green Zellige tile BBQ pavilion is a striking addition to the rear patio area Multiple seating dining areas enable effortless entertaining and the perfect venue for enjoying the sunset and the ocean view and breezes This home emphasizes the timeless appeal of sophisticated subtle luxury An invitation to a lifestyle that you hoped would find its way into your inbox
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THE NEIGHBORHOOD

Explore the location.

7 Jetty Drive, Corona Del Mar, CA 92625

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1977
Full baths
2
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
ForcedAir
Appliances
SixBurnerStove,BuiltInRange,Barbecue,ConvectionOven,DoubleOven,Dishwasher,ElectricRange,Disposal,GasRange,IceMaker,Microwave,Refrigerator,RangeHood,SelfCleaningOven,TanklessWaterHeater
Flooring
Wood
Fencing
GoodCondition
Accessibility
NoStairs
Pool
No
Pool features
Association
Spa
Yes
Subdivision
Jasmine Creek (JASC)
Parcel
45802218
HOA
Jasmine Creek
HOA amenities
Clubhouse,ControlledAccess,MaintenanceFrontYard,Barbecue,Pool,Guard,SpaHotTub,Security,TennisCourts
HOA fee frequency
Monthly
Elementary school
Harbor View
Middle school
Corona Del Mar
High school
Corona Del Mar
HOA fee
$1,260.00

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$15,833.33
Cap rate—

Annual operating income: —

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

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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 & interest—Loan 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.

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7 Jetty Drive, Corona Del Mar, CA 92625 · MLS #NP26190132

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Listing information

MLS #NP26190132 · California Regional MLS

Listing brokerage: Compass
Listing agent: Jody Chapman

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.