Two-Home Oceanfront Purchase for $20.25 Million In Corona del Mar CA

A family relocating from Canada purchased two oceanfront properties in Corona del Mar, CA for $20.25 million with the intention of combining the lots and into one luxurious property. The two combined parcels will create one of the longest lots on Ocean Boulevard. The family purchased 3312 Ocean Blvd. for 6.5 million. The 1948 country style home was listed and sold by Wayne Smith of Corona del Mar Properties. The family plans to demolish the property and turn it into an amenity rich oasis, complete with a swimming pool and sculpture studio for an artist in the family.

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The adjacent home located at 3320 Ocean Blvd. was purchased for $13.75 million .The collaborative team of Spinnaker Development, Brandon Architecture, and Details Design Firm built the stunning 7828 square-foot home with panoramic views of the Pacific Ocean. Mike Close owner of Spinnaker Development constructed the 3 story residence that includes a basement, 5 bedrooms and 8 baths. Creatively designed by Chris Brandon of Brandon Architecture, the home is of traditional design with modern “open” living areas as well as an outdoor courtyard, decks and balconies. The main level consists of a formal living and dining room adjacent to a great room and kitchen. The second-level contains three bedrooms a master suite and bonus room, all with attached baths. All the levels are accessible by a beautiful circular stairway along with an elevator that leads out to the large roof deck. The 1900 sq. ft. basement includes a wine bar, wine cellar, theater, and game room along with two bathrooms. This magnificent home is fully furnished and stunningly decorated by Kevin Smith of Details Design Firm. Smith artfully incorporated blues and beige tones that are reminiscent of the colors of the sea and sand. To view a video, please access this link.  https://youtu.be/79EoRgQtJLI

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The family had sold it's a video game development business prior to the purchase of the new properties. The fusion of the two properties is scheduled to begin in late summer of 2015.