Single-family home
Listing Agent: John Russell (DRE #01512593) · Listing Office: Pacific Sotheby's Int'l Realty · Contact: 949-922-7973 · Bought with: John Russell · Pacific Sotheby's Int'l Realty · MLS #OC26168723 · Source: CRMLS
55 Montecito sold for $6,900,000 in October 2026, 8.0% under its $7,500,000 list price, after 43 days on the market. It was first listed at $8,500,000. That works out to $1,388 per square foot on 4,970 square feet. Across 164 closed sales in 92625 over the last 12 months, the median sold price is $3,922,500 and the median is $2,003 per square foot, 44% above this sale's $1,388.
| Quarter | Closed sales in 92625 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $3,975,000 |
| Q2 2026 | 73 | $3,950,000 |
| Q3 2026 | 72 | $4,012,500 |
| Q4 2026 | 13 | $3,550,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Corona Del Mar · Homes for sale in 92625
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.
Listing description from the October 2026 sale, as reported to CRMLS.
Closed sales reported in 92625, nearest first, last 12 months. All recent sales in Corona Del Mar →