This unparalleled custom residence in the sought-after Newport Beach enclave of Irvine Terrace delivers the ultimate in contemporary luxury, offering front-row vistas of Newport Harbor, Balboa Island, the Pacific Ocean, and Catalina Island. The inspiring design reflects the talents of architect Carlton Graham, as well as builders Steve Davidson Construction and Tom Waters. Natural elements, reflecting the home’s surroundings, are seamlessly incorporated throughout the two-level floorplan, which features four en suite bedrooms, a total of five full bathrooms, two half bathrooms, and approximately 6,232 square feet of living space. The main level is open and bright, with walls of floor-to-ceiling windows and fold-away glass doors framing panoramic vistas that come to life with passing yachts, sunsets of pure magic, and evening lights that dance across the water below. A great room with a fireplace and dining area, an island kitchen with premium appliances, white oak ceilings, and limestone floors and wall accents enhance the space. The luxe primary suite, located on the main level, is replete with a heated view deck that spans the width of the home, including a built-in BBQ bar. The lower level supplies a fabulous lounge and media room with a full wet bar, an office surrounded by glass doors, and a wine cellar with a full-size beverage refrigerator. Accordion doors lead to a terrace boasting an infinity-edge pool, raised spa, and an outdoor kitchen with a pro grill. Irvine Terrace is moments from Fashion Island’s shopping and dining attractions, the Newport Beach Country Club, and the Newport Harbor Yacht Club
Off market
Listing Provided by:
$20,739,000
1231 Dolphin Ter, Corona Del Mar, CA 92625
4beds
6,232sqft
Single Family Residence
Built in 2014
0.33 Acres Lot
$20,739,000 Zestimate®
$3,328/sqft
$63,796 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 07:06am
Source: CRMLS,MLS#: NP25064250
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Oven, Range Hood
- Laundry: Inside, Laundry Room
Features
- Beamed Ceilings, Wet Bar, Built-in Features, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary, Wine Cellar, Walk-In Closet(s)
- Flooring: Stone, Wood
- Doors: Sliding Doors
- Windows: Custom Covering(s), Skylight(s)
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 6,232 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Direct Access, Garage Faces Front, Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Open, Patio
- Exterior features: Barbecue, Lighting, Fire Pit
- Has private pool: Yes
- Pool features: Infinity, In Ground, Private
- Has spa: Yes
- Spa features: Private
- Has view: Yes
- View description: Bluff, Catalina, City Lights, Harbor, Neighborhood, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Harbor,Ocean,Water
- Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
Lot
- Size: 0.33 Acres
- Features: Landscaped
Details
- Parcel number: 05026316
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2014
Details
- Builder name: Steve Davidson Construction & Tom Waters
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Corona Del Mar
- Subdivision: Irvine Terrace (Irvt)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $60 monthly
- Amenities included: Management
- Association name: IRVINE TERRACE COMMUNITY ASSN
- Association phone: 800-428-5588
Other
Other facts
- Listing terms: Cash to New Loan
- Road surface type: Paved
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Estimated market value
$20,739,000