$5,750,000

A unique development opportunity in Cameo Highlands, one of the most sought out neighborhoods in Corona Del Mar. This project has been designed by leading architectural firm TagFront and provides an opportunity for a buyer to either use the optional design renderings or develop their own one of a kind property. The design is planned as a 5 bedroom, 6.5 bathrooms, with 5,700 sqft of living space. Upon entry, immediately notice the open concept floor plan that gives you plenty of natural light from the backyard and the atrium leading to the downstairs. The kitchen, living room, and dining space flow seamlessly together to enhance the open concept floor plan. And with the collapsable doors leading to the backyard, the home provides a unique indoor/outdoor feel that is great for entertaining, especially as you enjoy the custom pool/spa, outdoor kitchen, and peek-a-boo views of the ocean. The primary bedroom is on the main level and also opens up to the pool. It features its own fireplace, attached bathroom with a separate tub/shower, and a walk in closet. Once you head downstairs, you’ll immediately find yourself in the media/play room that leads to the 3 additional bedrooms with their own private bathrooms, and the laundry room. This design also features an office space on the main level, wine display, wet bar, a 3 car garage, outdoor kitchen, elevated lounge space next to the pool, and a seating area in the front yard with its own fireplace. The property is at the end of Cortland Dr. and adjacent to world renowned Pelican Hill gold course that provides a private feel with lush landscaping. The asking price is reflective of the land value + cost to build. At this time, the seller does NOT plan to build but is selling the land with the completed design/renderings, plus approval by the HOA. We are also in final stages of having approved plans with the city of Newport Beach. Cameo Highlands was built as a small enclave of luxury homes alongside Cameo Shores. Residents can enjoy luxury amenities such as private beaches, community park, and is just a short walk to the Village of Corona Del Mar and Crystal Cove State Park.