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Property Description
Incredible views and privacy. This turn key residence is situated on a grand 38,000 SF lot, bordering the South point of Spyglass Hill. The property captures unobstructed panoramic views of the Pacific Ocean, Catalina, the jetty, Newport Pier, local beaches, Newport Harbor, and vast Newport Coast terrain. Spyglass Hill represents a unique combination of suburban life style and urban conveniences, due to the central location and proximity to all desired destinations and local landmarks such as Balboa Island, Fashion Island, beaches, award winning restaurants, world class shopping and performance centers.
The back yard is extra generous, and hosts a sparkling large pool along with a barbecue island and plenty of room for entertaining. The formal living room overlooks a luscious garden in front of the house and the Coastal Panorama on the other side. An extra large bonus room upstairs is surrounded by three bedrooms, and serves as a game room, media room, fitness studio, or just a great place for family gatherings. It extends onto a massive view deck which also can be accessed by an external staircase from back yard. Huge primary suite is upstairs, featuring a sumptuous spa-like primary bathroom and large closets. There is also a main level bedroom with the adjacent full bath. Totally the home features 5 bedrooms, 5 bathrooms, and a loft/media room upstairs. The best award winning schools are available to the residents. The grand, 30'x80', gated motor court is fit to host all the automobiles in your possession! Easy access to the freeways and close proximity to John Wayne airport.
Full Property Details
Full Property Details for 2 Drakes Bay Dr
General
- Rent: $15,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: OC25058947
- Added to Site: 382 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Rooms/Areas: Formal Entry, Jack & Jill, Primary Bedroom, Attic, Dressing Area, Laundry, Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Family Room, Primary Suite, Primary Bathroom
- Fireplace: Yes
- Fireplace(s): Living Room, Family Room
- Eating Areas: Dining Room, Breakfast Nook
- Appliances: Gas Cooktop, Microwave, Refrigerator, Barbecue, Water Softener, Electric Oven, Dishwasher
- Furnishings: Unfurnished
- Flooring: Tile, Stone, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool: Yes
- Pool Description: In-Ground, Waterfall, Private
- Spa Description: In-Ground
Parking
- Garage: Yes
- Garage Spaces: 3
Location
- County: Orange
- Subdivision: Spyglass Hill (SPYH)
- Driving Directions: Spyglass Hill Rd. To El Capitan to Pt. Arguello to Drakes Bay
School Information
- School District: Newport Mesa Unified
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Foundation: Slab
- Roof: Composition
- Common Walls: No Common Walls
- Entry Floor Number: 1
- Entry Location: Main floor
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,085
- Sq. Ft. Source: Assessor
- Year Built: 1976
- Property Condition: Turnkey
Lot Features
- Property View: Coastline, Ocean, Catalina, City Lights, Harbor, Hills, Panoramic
- Lot Size (Acres): 0.885
- Lot Size (Sq. Ft.): 38,550
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: R1
- Lot Description: Sprinklers in Front, Sprinklers on the Side, Sprinklers Timer, Sprinkler System, Lot 20000-39999 Sqft, Sprinklers in Rear
- Fencing (Description): Glass, Excellent Condition, Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $3.67
- Security Deposit: $17,600
- Pet Deposit: $1,000
- Terms: 12 Months
Schools
Schools serving 2 Drakes Bay Dr
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Newport Beach, CA 3101 Pacific View Dr., Newport Beach, CA 92625 | K-6 | 1.1 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 2 Drakes Bay Dr
Date
Details
Price
Change
Source
3/19/2026
Sold
$15,000
-3.23%
MLS
11/03/2025
Price Reduced
$15,500
-6.06%
MLS
5/06/2025
Price Reduced
$16,500
-6.25%
MLS
3/18/2025
Listed
$17,600
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 Drakes Bay Drive, Corona del Mar, CA 92625 (MLS# OC25058947) is a Single Family property that was sold at $15,000 on March 19, 2026. This property was listed by Lana Fish from our Newport Beach Office.Want to learn more about 2 Drakes Bay Drive? Do you have questions about finding other real estate for sale or rent in Corona del Mar? You can browse all Corona del Mar rentals or contact a Coldwell Banker agent to request more information.


