12 Rocky Point Rd, Corona Del Mar, CA 92625

7 beds, 7.5 baths, 8,000 sqft
Sold: $5,800,000
Sold on 04/25/14
Zestimate®: $2,525,064
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My Notes
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European Palace! On the top of the hill, 180° breathtaking city light View! Amazing foyer; Grand Chandelier (9 feet tall and 8 feet wide) with "Auto lift" system; circular staircase with classic iron railing....... Huge living room with fantastic fireplace; VIEW around family room where another artistic stone fireplace located. Two large master bedrooms. 5 large fireplaces in this grand house. So much to be listed..... 5 car garages; Newly remodeled. Convenient location, 3-4 minutes drive to ocean/Beach and famous Fashion Island. Close to all restaurants, shops, theaters and parks. Furnishing per request. The reason of renting is job relocation. 'Lease to buy option" and ? owner financing to buy" options are available. Please search by property address to see YouTube video . The Best deal in Corona Del Mar, Newport Beach!
Neighborhood Description
On Top of the hill. great view. Quite and very nice neighborhood. Near Fashion Island, 4-5 minutes of driving to the beach.
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Facts
  • Lot: 0.34 acres
  • Single Family
  • Built in 1995
  • Cooling: Central
  • Last sold: Apr 2014 for $5,800,000
  • Price/sqft: $725
Features
  • Double Pane/Storm Windows
  • Fireplace
  • Flooring: Carpet, Other
  • Mother-in-Law
  • Parking: Garage - Attached, 5 spaces
  • View: City, Mountain, Park, Water
  • Wet Bar
Construction
  • Exterior material: Stucco
  • Roof type: Tile
  • Room count: 18
  • # Stories: 2.0
Other
  • Floor size: 8,000 sqft
  • Laundry: None
  • Zillow Home ID: 2111042515
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$2,525,064
-$991,380 Last 30 daysd
$1.64M
$3.00M
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$8,864/mo
-$832 Last 30 daysd
$4.3K
$18K
Zestimate range
Owner estimate:
Posted on 04/07/2014
$5,880,000 (based on comparative market analysis)
Other listings in the neighborhood for even high price for per SQT. This is the best design and the most updated mansion in this customer built street. Only this street has large custom built houses, Zillow should not compare it with other tract homes und

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Neighborhood for 12 Rocky Point Road

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Zillow predicts 92625 home values will decrease 0.5% next year, compared to a 4.5% rise for Orange as a whole. Among 92625 homes, this home is valued 58.3% more than the midpoint (median) home, but is valued 11% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 92625 market, the number of foreclosures waiting to be sold dropped 188% in the last year. The number of unsold foreclosures is 2266.8% higher than in Orange, and 709% higher than the national average. This higher local number may prevent 92625 home values from rising as quickly as other regions in Orange.

Learn more about forecast calculations or 92625 home values.
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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