Do not miss the second opportunity in over 50 years to make this residence yours. Perched in one of the most coveted neighborhoods in Corona Del Mar sits 428 Cabrillo Terrace with unobstructed panoramic ocean and Catalina island views. Enjoy a quick walk to the stunning private beach or walk to the charming Corona Del Mar village in minutes. Evening ocean and Catalina sunsets are shared with nature sounds, at times you hear the waves crashing with barking seals, frogs, birds etc. This single story home is turn key and recently renovated throughout. Open concept with family room fireplace, wood floors, all new white oak cabinetry, Solitaj quartz countertops throughout and new Thermador appliances. Ample outdoor space with tons of luscious greenery giving a true sense of serenity upon arrival. Massive opportunity! Enjoy the home as is and continue to hold value or have the rare opportunity to develop. This lot has approximately 14 foot elevation difference from Serra Dr to Cabrillo Terrace. Current peak of structure height is under 11.5 ft, opportunity to go up even higher. Lot is a site area coverage of 60% with no square footage maximum. Possibility to build a complete subterranean garage/basement of over 3,700 sq ft and a residence of over 7500 sq ft.
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Ocean, Panoramic, Water, Catalina, City Lights
All Bedrooms Down, Balcony, Beamed Ceilings, Bedroom on Main Level, Main Level Primary, Open Floorplan, Primary Suite, Quartz Counters, Recessed Lighting
Dishwasher, Microwave, Refrigerator, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Range, Gas Oven, Range Hood, SixBurnerStove, Vented Exhaust Fan, Water Heater, Water To Refrigerator
Brick, Stucco, Concrete, Drywall
Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinkler System, Yard
Brick, Stucco, Concrete, Drywall
Rose Goldberg, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2026 at 7:11am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.