Listed by Tim Smith with Coldwell Banker Realty 949.478.2295

Just feet from the sand in Corona del Mar, behind the gates of the exclusive Breakers Drive enclave and on the market for the first time since its construction, this once-in-a-lifetime residence overlooks Big Corona Beach, the stone jetties that line Newport Harbor's entrance channel, Catalina Island, breaking waves, and dramatic coastline bluffs. Virtually hidden from the street above and exceptionally private on every level, this coastal gem of approximately 5,084 square feet consists of a 5-bedroom, 3.5-bath main residence, and a separate 2-bedroom, 2-bath ADU with front-row ocean views which is currently leased and offers outstanding income potential. The home's private entry introduces the lowest floor and hosts an office or bedroom with ensuite bath and a wet bar. Offering separate outside access, a media lounge with tray ceiling and wet bar can easily become a studio or home gym. Floating stairs lead to the main level of the residence, which impresses with stunning ocean and beach views, a towering double-height vaulted ceiling with floor-to-ceiling windows, access to a spacious ocean-view terrace, a fireplace with bookmatched stone surrounds, a wet bar, and a dining room with built-in buffet. An island kitchen shines with granite countertops, Thermador and Sub-Zero appliances, and a fireplace-warmed breakfast room opening to a private rear patio with automated sprinklers. Locking gates lead from the patio to the street behind and a short stroll to Corona del Mar's village shops and restaurants. The patio can also be reached by a wood-paneled guest room. On the top floor, an open landing overlooks the living room below and leads to two ocean-view guest rooms, with one leading to a beach-view balcony, and another offering access to a private rear balcony. Separate from the guest bedrooms, the primary suite is fully appointed with a balcony overlooking the ocean, a cedar-lined walk-in closet and a sauna with door to the rear balcony. Mid-Century style is complemented by wood and tile flooring, clerestory windows, vaulted open-beam ceilings, custom built-ins, and a period-perfect intercom system. A separate two-bedroom, two-bath ADU with front-row ocean views is currently leased and offers outstanding income potential. Enjoy easy access to Big Corona's broad beach, tide pools, Fashion Island, Pelican Hill, and John Wayne Airport.