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2928 Ocean, Corona del Mar, CA 92625

$39.99M6bd · 11ba · 10,439 sqft
Lot 6,975 sqft•Single Family Residence•
Active
•151d on market•MLS# OC-26121036

Property Description

Positioned on a commanding corner lot in the heart of Corona del Mar Village, 2928 Ocean Blvd is an architectural statement where art, craftsmanship, and the Pacific coastline converge. Designed by renowned architect Chris Light, meticulously constructed by Van Cleve Construction, and brought to life with interiors by Slayman Design, this residence was created over 3.5 years with an uncompromising attention to detail. A substantial stainless steel entry door introduces the home’s striking sense of arrival, where a sculptural marine-grade stainless steel staircase, framed by Starphire ultra-clear glass floor panels, becomes the centerpiece of the residence. Light moves beautifully through the home, enhancing the scale, volume, and artistry found throughout all three levels. Designed for both elevated everyday living and exceptional entertaining, the home is connected by a custom Italian-made elevator and offers a seamless blend of sophistication, comfort, and function. The main level features expansive ocean views, an open great room, a chef’s kitchen, a private office, and thoughtfully designed guest accommodations. The subterranean level creates a private retreat of its own, complete with a media room, wine room, game room, and spa-inspired fitness area. The second level is anchored by a remarkable primary wing, showcasing panoramic Pacific Ocean views, vaulted ceilings, and a floor-to-ceiling classic modern marbled fireplace that adds warmth and architectural presence. The suite also features dual full baths, custom closets imported from Germany, a private balcony, and refined finishes throughout. Three additional en-suite bedrooms complete this level, each designed with the same level of care and attention. Above it all, an expansive rooftop terrace with an outdoor kitchen captures approximately 270-degree views, creating an extraordinary setting for dining, entertaining, or simply taking in the coastline. Beyond the residence itself, the location is one of its most compelling attributes. Set within Corona del Mar Village, 2928 Ocean Blvd offers effortless access to some of Orange County’s most sought-after restaurants, cafes, boutiques, beaches, and coastal amenities. From morning coffee and village dining to nearby world-class beaches, yachting, golf, and the best of coastal Newport Beach living, the property offers a lifestyle that is both refined and deeply connected to its surroundings.

Features & Amenities

FeeBuilt 2019

Property Details

Land Type
Fee
Year Built
2019
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water, White Water
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byLuxe Real Estate, Paul Daftarian

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$202,236.48
Principal & Interest
Loan Amount
$31,996,000
Total Interest
$40,809,135
Total Payment Over 30 Years
$72,805,135
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 1 closed

2928 Ocean, Corona del Mar, CA 92625

Corona del Mar · Single Family Residence

$39.99M
Luxury Tier
Beds
6
Baths
11
Sqft
10,439
Lot
6,975 sqft
Year
2019
$/Sqft
$3831
Pool: No✓
View: city✓
Garage: 3-car✓

Listed 5.2% above the median closed sale of $38,000,000. Price per sqft ($3,831) is a 26% premium to closed comps ($3,040). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $39.99M· $3,831/sqft
Total list price
Closed comps
vs closed median $38.00M
+$2.00M (+5.3%)
Active comps
vs active median $41.89M
−$1.90M (−4.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $3,991
−$160 (−4.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
177 Shorecliff RoadCorona del Mar200851011,16531,850$4,026$44.95M15757
7 SailviewNewport Coast202471010,70020,000$4,205$45.00M11752
9 SailcrestNewport Coast200161111,04116,895$3,510$38.75M10351
18 Sail VistaNewport Coast1999687,54316,953$5,300$39.98M9241
23 Pelican VistaNewport Coast200971114,37229,053$2,915$41.89M9633
Total: 5 · Average6.210.010,964.222,950.2$3,991.2$42.11M113
Median11,041$41.89M

Closed Properties (1)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
17 High WaterNewport Coast201606/08/20266912,50020,537$39.95M$38.00M$3,0400.957538
Total: 1 · Average6.09.012,50020,537$38.00M$38.00M$3,040—75
Median12,500$38.00M$38.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.