Spanish Revival home in Corona Del Mar, CA
Set in Corona Del Mar, CA, this Spanish Revival condo provides 3 bedrooms and 4 bathrooms across 2,663 square feet. The Spanish Revival styling carries through the home's design.
| Price | $9,700,000 |
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| Beds | 3 |
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| Baths | 4 |
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| Sqft | 2663 |
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| Architectural style | Spanish Revival (36% match) |
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| Address | 221 Carnation Ave, Corona Del Mar, CA 92625 |
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Why buy this home
- Confirmed Spanish Revival architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced above comparable homes.
- At $9.7M, this home is 67% above the $5.8M median for 66 similar Spanish Revival homes in Newport Beach, CA.
- That works out to $3643 per square foot, 157% above the $1419 comparable rate.
- On the market 9 days.
| This home | $9,700,000 |
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| Spanish Revival median in Newport Beach, CA | $5,799,000 (66 homes) |
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| Price per sq ft | $3,643 vs. $1,419 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $66,432/month with 20% down at a 7.28% 30-year fixed rate. You would need about $2,847,102 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $53,095/mo |
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| Property tax (new-buyer reassessed rate) | $9,700/mo |
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| Homeowners insurance | $3,638/mo |
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| Total monthly | $66,432/mo |
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| Down payment (20%) | $1,940,000 |
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| Income needed | $2,847,102/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (75 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (75/100) |
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| Beats renting in | 34% of modeled paths |
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| Modeled 5-yr equity (median) | $6,009,725 |
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| Range (10th to 90th pct) | $3,885,579 to $8,505,141 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow