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4515 Cortland Drive, Corona del Mar, CA 92625

$4.59M4bd · 2ba · 1,858 sqft
Lot 10,612 sqft•HOA $880/mo•Single Family Residence•
Active
•13d on market•MLS# NP-26211206

Property Description

Set on an oversized 10,612-square-foot lot with ocean views, 4515 Cortland Drive offers a compelling opportunity in the sought-after community of Cameo Highlands. The existing single-level residence features four bedrooms and two bathrooms and has recently been refreshed and staged, providing the option to enjoy the home today while considering its longer-term potential. With its generous lot size, ocean views and desirable location, the property lends itself to a range of possibilities—from further updating or expanding the existing residence to creating a new home designed to take full advantage of the site and coastal setting. Cameo Highlands is known for its relaxed coastal atmosphere, convenient Corona del Mar location and resident access to private beach gates and bluff-front trails connecting toward Crystal Cove State Park. Beaches, restaurants, shopping and the village of Corona del Mar are all just minutes away. Whether enjoyed in its current form, thoughtfully renovated or reimagined for the future, 4515 Cortland presents a rare opportunity to own a sizable ocean-view property in one of Corona del Mar’s most established coastal neighborhoods. Property is being sold in its present as-is condition.

Features & Amenities

FeeBuilt 1963

Property Details

Land Type
Fee
Year Built
1963
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Fireplace(s), Forced Air
Cooling
None
View
Ocean
Flooring
Carpet, Tile, Wood
Roof
Shingle, Asphalt
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byPacific Sotheby's Int'l Realty, Kimberly Bibb

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$23,234.82
Principal & Interest
Loan Amount
$3,676,000
Total Interest
$4,688,535
Total Payment Over 30 Years
$8,364,535
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

4515 Cortland Drive, Corona del Mar, CA 92625

Corona del Mar · Single Family Residence

$4.59M
Luxury Tier
Beds
4
Baths
2
Sqft
1,858
Lot
10,612 sqft
Year
1963
$/Sqft
$2473
Pool: No✓
View: water✓
Garage: 2-car✓

Listed 14.9% above the median closed sale of $4,000,000. Price per sqft ($2,473) is a 23% premium to closed comps ($2,008). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.59M· $2,473/sqft
Total list price
Closed comps
vs closed median $4.00M
+$595K (+14.9%)
Active comps
vs active median $3.60M
+$1.00M (+27.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,882
+$591 (+31.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4709 CortlandCorona del Mar1962331,8848,400$3,076$5.79M6971
2 Shoal DriveCorona del Mar1974322,2417,125$1,604$3.60M2766
7 Jetty DriveCorona del Mar1977322,2417,918$1,696$3.80M3665
10 MaritimeCorona del Mar1978322,2416,885$1,515$3.40M6965
21 Beachcomber DriveCorona del Mar1979322,2417,500$1,517$3.40M8064
Total: 5 · Average3.02.22,169.67,565.6$1,881.6$4.00M56.2
Median2,241$3.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1218 Keel DriveCorona del Mar197005/19/2026331,93011,200$4.10M$4.00M$2,0730.9810574
3500 Surfview LaneCorona del Mar197008/07/2026332,21410,920$5.39M$5.35M$2,4160.995071
5 MaritimeCorona del Mar197807/18/2026321,9117,011$3.50M$3.60M$1,8841.033570
408 Hazel DriveCorona del Mar194709/04/2026442,1559,122$3.79M$3.75M$1,7400.9919767
3620 CatamaranCorona del Mar196908/31/2026432,3717,700$4.70M$4.57M$1,9270.976565
Total: 5 · Average3.43.02,116.29,190.6$4.25M$4.25M$2,008—90.4
Median2,155$4.00M$4.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.