Home for Sale at 314 Evening Canyon, Corona del Mar, CA 92625

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314 Evening Canyon
Corona Del Mar, CA 92625

Timothy Tamura with VALIA Properties, original listing - (949) 673-0789

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Property Details

List Price:	$12,500,000
Beds:	6
Baths:	Full: 6, ½: 1
Status:	Active
SqFt:	6087 Square Feet
Agency:	VALIA Properties
Agency Phone:	(949) 673-0789

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Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2024
Notes:	Situated in the prestigious Shore Cliffs community, 314 Evening Canyon showcases refined transitional architecture in a new custom 6,087 square-foot residence. This home masterfully integrates elegant finishes with a thoughtfully designed layout, epitomizing coastal CdM living. The great room features a spacious living area, a chef’s kitchen equipped with top-of-the-line appliances, an oversized island, and a glass-enclosed wine display. Floor-to-ceiling pocketing doors extend the home to a private backyard sanctuary, complete with a covered patio, pool, spa, and a serene water feature, creating a seamless indoor/outdoor lifestyle. Accommodating six bedrooms, six and a half baths, an office, and two bonus rooms, this home offers versatile space for varied needs. Ascending to the second floor, the primary suite is a tranquil retreat with ocean views, a fireplace, a luxurious bathroom with a freestanding tub, dual water closets, and spacious closets. The design is further accentuated by lofty ceilings and skylights that cascade natural light into the interiors. The rooftop deck reveals panoramic ocean views and city lights. Additionally, an elevator, three-car garage, and a kitchen prep area complete the home. Residents benefit from private access to 3rd Beach, Shore Cliffs Esplanade, and Little Corona Beach, all within a short walking distance to CdM Village and its amenities. This residence harmonizes sophisticated living spaces with an enviable location, enhancing the coastal lifestyle.
MlsNumber:	--
ListingId:	NP24175140

Listing Provided By:	VALIA Properties, original listing
Phone:	(949) 278-1003
Office Phone:	(949) 673-0789
Agent Name:	Timothy Tamura
Disclaimer:	Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

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Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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