Skip to main content

Millman Team Real Estate

$8,500,000
5 Bed
6 Bath
4,970 Sqft
0.30 Acre Lot

55 Montecito, Corona Del Mar, California 92625

  • Residential Property Type
  • 4,970 Sqft Square Footage
  • Driveway Cars Garage
  • 1995 Year Built
Property Description

Perched high within the prestigious enclave of Spyglass Hill, 55 Montecito presents a rare opportunity to experience sweeping panoramic views that stretch across the Pacific Ocean, Catalina Island, Newport Harbor, sparkling city lights, unforgettable sunsets, and seasonal fireworks. Behind private gates, this exceptional estate offers resort-inspired living in one of Corona del Mar’s most coveted neighborhoods. A lush tropical setting welcomes you home with mature landscaping, cascading waterfalls, a sparkling pool and spa, generous outdoor entertaining spaces, and an additional private spa and fire pit overlooking the spectacular backdrop. Inside, a dramatic two-story foyer, soaring ceilings, sweeping staircase, and walls of French doors create a grand first impression while seamlessly connecting the elegant interiors with the breathtaking outdoor setting. Designed for both everyday comfort and effortless entertaining, the expansive floor plan offers five bedrooms, five-and-one-half bathrooms, and multiple flexible living spaces. Upstairs, the spacious primary suite captures magnificent ocean and harbor views from its private balcony and is complemented by a secondary en-suite bedroom and an expansive den, each enhanced by fireplaces and access to viewing balconies. The main level features an additional en-suite bedroom with patio access, two secondary bedrooms—including one with a private entrance and en-suite bath—a library, large laundry room, powder bath, and a versatile bonus room ideal for a gym, media room, or playroom. The chef’s kitchen is equipped with Sub-Zero refrigeration, quality appliances, abundant custom cabinetry, and a generous breakfast bar that opens to the inviting family room with fireplace and casual dining area—all positioned to enjoy the remarkable views. Formal living and dining rooms provide elegant spaces for entertaining, complete with a fireplace, built-in bar, and seamless indoor-outdoor flow. While the residence presents an opportunity for thoughtful updating, its exceptional setting, generous scale, timeless architecture, and truly unmatched panoramic views create an extraordinary canvas for those seeking one of Spyglass Hill’s premier locations. Properties offering this combination of privacy, views, and potential are exceptionally rare, making 55 Montecito an outstanding opportunity to reimagine a remarkable coastal estate.

Basic Details
Residential
For Sale
OC26168723
$8,500,000
Bay, Catalina, City Lights, Coastline, Harbor, Marina, Mountain(s), Ocean, Panoramic, Water
5
6
1
4,970 Sqft
1995
0.30 Acre
Active
5
Single Family Residence
Features
: Private, In Ground
: Central, Forced Air, Fireplace(s), Natural Gas
: Central Air, Electric, Dual
: Wrought Iron, Block
: Living Room, Gas, Primary Bedroom, Den
: Patio, Brick
: Driveway, Garage, Garage Door Opener, Direct Access, Door-Multi, Garage Faces Front, Driveway Up Slope From Street
: Mediterranean
: Rain Gutters, Fire Pit
: Carpet, Stone
: Bedroom on Main Level, Main Level Primary, Walk-In Closet(s), Breakfast Bar, Separate/Formal Dining Room, Granite Counters, Multiple Primary Suites, Pantry, Entrance Foyer
: Inside, Washer Hookup, Gas Dryer Hookup, Laundry Room, Electric Dryer Hookup, Laundry Chute
1
: Sewer Tap Paid
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Available
$0
Appliances
: Dishwasher, Gas Range, Double Oven, Gas Cooktop, Microwave, Disposal, Refrigerator, Water To Refrigerator, Water Heater, Vented Exhaust Fan, Water Purifier, Warming Drawer
Address Map
CA
Orange
Corona Del Mar
Spyglass Hill (SPYH)
92625
Montecito
55
W118° 9' 9.6''
N33° 36' 35''
Spyglass Hill > El Capitan > Montecito > 55 Montecito
CS - Corona Del Mar - Spyglass
Neighborhood
Lincoln
Corona Del Mar
Newport Mesa Unified
Corona Del Mar
Additional Information
$0
$0
$0
$0
$0
: Safe Emergency Egress from Home, Accessible Hallway(s)
Playground
1
: Park, Street Lights, Curbs, Storm Drain(s)
Standard
1
2.0
: Two
: Back Yard, Sprinkler System, Near Park, Sprinklers In Rear, Sprinklers In Front
1
2026-08-06
2
2
: Public
Broker/Agent Information
Pacific Sotheby's Int'l Realty
John Russell
Financial
685.0
Quarterly
1
Listing Information
Doug Krone
SKRONDOU
OC07360
Pacific Sotheby's Int'l Realty
SRUSSJO3
OC07360
Cash, Cash to New Loan
Active
2026-08-09T23:28:37Z
CRMLS
: Standard
2026-08-06T17:23:41Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us