Last Updated: 9 Hrs. Ago

Monthly Rent

$22,500

Beds

5

Baths

5

Note: Prices and availability subject to change without notice.

Lease Terms

Contact office for Lease Terms

About 48 Drakes Bay Dr

Welcome to 48 Drakes Bay a striking blend of coastal sophistication and modern design, ideally positioned in the heart of Corona del Mar. Spanning nearly 3,700 square feet, this thoughtfully designed residence offers a rare combination of volume, functionality, and refined elegance just moments from the village, award-winning schools, world-class shopping, and pristine beaches. Perched to capture serene city light views, this five-bedroom, four-and-a-half-bathroom home features a highly versatile layout with three bedrooms on the lower level and two on the upper level perfect for accommodating multi-generational living, guests, or a private office setup. Expansive bi-folding doors along the rear facade create a seamless indoor-outdoor connection, opening to a tranquil patio and allowing natural light to pour into the living spaces. The chef s kitchen is a true centerpiece, boasting high-gloss white lacquer cabinetry, premium stainless steel appliances, and an oversized island with a custom built-in breakfast nook ideal for casual dining or gathering with friends and family. Every detail has been thoughtfully curated to support both everyday living and effortless entertaining. Additional highlights include a wide, finished three-car garage with extensive built-in storage, a spacious primary suite retreat, and a location that puts you just minutes from Fashion Island, top-rated restaurants, and the best of Orange County coastal living.

48 Drakes Bay Dr is located in Newport Beach, California in the 92625 zip code.

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Floorplan Amenities

  • Washer/Dryer
  • Air Conditioning
  • Fireplace
  • Dishwasher
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Dining Room
  • Views
  • Walk-In Closets

Parking

  • Garage Parking
  • Other Parking

Pet Policy

No Pets Allowed

Airport

  • John Wayne/Orange County

    Drive: 13 min 7.7 mi

Commuter Rail

  • Tustin

    Drive: 17 min 10.1 mi
  • Irvine

    Drive: 20 min 11.7 mi
  • Santa Ana

    Drive: 22 min 14.5 mi
  • Laguna Niguel/Mission Viejo

    Drive: 22 min 14.7 mi
  • Orange

    Drive: 25 min 17.2 mi

Universities

Parks & Recreation

  • Buck Gully

    Drive: 4 min 2.0 mi
  • Sherman Library and Gardens

    Drive: 6 min 2.7 mi
  • Corona Del Mar State Beach

    Drive: 7 min 2.9 mi
  • Coastal Peak Park

    Drive: 8 min 3.9 mi
  • Turtle Rock Nature Center

    Drive: 10 min 4.8 mi

Shopping Centers & Malls

Military Bases

Schools

GreatSchools Rating

Private Elementary & Middle School

407 Students
(949) 640-1410
Grades K-8

GreatSchools Rating

Private High School

520 Students
949-219-0100
Grades 9-12

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Ratings

About the Listing Agent

Paul Daftarian

Luxe Real Estate

(949) 990-5707 Send Message

Paul Daftarian, co-founder, and principal of the Daftarian Group has forged a sterling reputation for luxury real estate sales representation throughout Southern California over a career that spans more than fifteen years. An agent of choice for discerning clients – ranging from first-time buyers to sophisticated investors – Paul is known for his extensive expertise and six-star service. Today, Paul focuses his practice on the most exclusive enclaves in coastal orange county. Beyond developing and deploying uniquely effective sales and marketing strategies for the group’s listings, Paul taps his industry-best network of buyers, sellers, and cooperating agents to ensure successful, and speedy, transactions for his clients. He also leverages more than a decade of experience as a top-producing mortgage executive to access real estate financing solutions for even the most complex deals. In addition to his proven acumen in luxury real estate sales, Paul possesses a wealth of experience in consulting for realtors, investors, mortgage lenders, real estate attorneys, and loss mitigation companies – providing him with a 360-degree perspective on the industry that further enlightens his practice and benefits his clients. This impressive background coupled with his unsurpassed negotiation skills and track record of thousands of completed transactions make Paul and his team the most effective group in the region. It’s not unusual for Paul to negotiate savings of hundreds of thousands of dollars for his purchase clients, or to achieve record per-square-foot sales for his sellers. A native of Orange County, Paul resides in Newport Beach with his wife and business partner, Lili, and their daughter, Natasha.

View Paul Daftarian's Agent Profile

Paul Daftarian, co-founder, and principal of the Daftarian Group has forged a sterling reputation for luxury real estate sales representation throughout Southern California over a career that spans more than fifteen years. An agent of choice for discerning clients – ranging from first-time buyers to sophisticated investors – Paul is known for his extensive expertise and six-star service. Today, Paul focuses his practice on the most exclusive enclaves in coastal orange county. Beyond developing and deploying uniquely effective sales and marketing strategies for the group’s listings, Paul taps his industry-best network of buyers, sellers, and cooperating agents to ensure successful, and speedy, transactions for his clients. He also leverages more than a decade of experience as a top-producing mortgage executive to access real estate financing solutions for even the most complex deals. In addition to his proven acumen in luxury real estate sales, Paul possesses a wealth of experience in consulting for realtors, investors, mortgage lenders, real estate attorneys, and loss mitigation companies – providing him with a 360-degree perspective on the industry that further enlightens his practice and benefits his clients. This impressive background coupled with his unsurpassed negotiation skills and track record of thousands of completed transactions make Paul and his team the most effective group in the region. It’s not unusual for Paul to negotiate savings of hundreds of thousands of dollars for his purchase clients, or to achieve record per-square-foot sales for his sellers. A native of Orange County, Paul resides in Newport Beach with his wife and business partner, Lili, and their daughter, Natasha.

View Paul Daftarian's Agent Profile
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