For SaleNeutral Deal114 days on market
1509 Sandcastle Dr
1509 Sandcastle Dr, Corona Del Mar, CA 92625, Corona Del Mar, CA 92625
$10,850,000
Estimate®:$10,220,200
Listing Price
1509 Sandcastle Dr, Corona Del Mar, CA 92625
Loc: Corona Del Mar, CA
Days Listed
114
Tax Assessed
$1365k
Estimate®
$10220k
Market Rate
Lot Size
7,560 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Harbor View Elementary School
K-6
0.7 mi away
8
Corona Del Mar High School
7-12
2.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Mediterraneanstucco exteriorcoastalluxury homeocean viewthree-car garagewrought iron balconiessunsetlandscaped gardenstwo-storygated entryupscale residentialpaver drivewayarched windowsshingle roof
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.70%
Total ROI
104.4%
Cash Flow
$4,260/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $4,260/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Corona Del Mar
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-03 | Listed for sale | $10,850,000 | $3,203 |
| 1996-01-30 | Sold | $770,000 | $227 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,364,502 |
| 2025 | $14,348 | $1,337,748 |
| 2024 | $14,118 | $1,311,518 |
| 2023 | $13,785.74 | $1,285,802 |
| 2022 | $13,553.58 | $1,260,591 |
| 2021 | $13,293.56 | $1,235,874 |
| 2020 | $13,165 | $1,223,202 |
| 2019 | $13,165 | $1,199,218 |
| 2018 | $12,894.24 | $1,175,704 |
| 2017 | $12,412.98 | $1,152,651 |
| 2016 | $12,412.98 | $1,130,050 |
| 2015 | $12,134.32 | $1,113,076 |
| 2014 | $11,733.82 | $1,091,273 |
| 2013 | $0 | $1,086,342 |
| 2012 | $0 | $1,065,042 |
| 2011 | $0 | $1,044,159 |
| 2010 | $0 | $1,036,356 |
| 2009 | $0 | $1,038,819 |
| 2008 | $0 | $987,075 |
| 2007 | $0 | $967,721 |
| 2006 | $0 | $948,747 |
| 2005 | $0 | $930,145 |
| 2004 | $0 | $899,700 |
| 2003 | $0 | $883,211 |
| 2002 | $0 | $865,894 |
| 2001 | $8,635.58 | $848,916 |
| 2000 | $8,416.84 | $832,271 |
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