About this home

SALE IS SUBJECT TO TERMS OF AN IRVINE COMPANY LAND LEASE. CURRENT LAND-LEASE BUYOUT IN ADDITION TO PURCHASE PRICE IS $3,960,000 AND CURRENT ANNUAL PAYMENT ON LAND-LEASE IS $12,071. Perched on an approximately 14,000 square foot lot in the coveted Harbor View Hills community of Corona del Mar, 2921 Setting Sun Drive presents a rare opportunity to reimagine a truly special property. The existing residence is largely original, allowing the next owner to bring their own vision, design, and signature to one of the neighborhood's most compelling settings. Positioned to capture beautiful coastal light, sweeping, stunning sunset views toward the Pacific and Catalina, this is the kind of property that invites something extraordinary. Whether a buyer chooses to renovate or create a custom dream home from the ground up, the value here is in the land, the elevation, the mesmerizing views, and the prestigious location just moments from Corona del Mar Village, Fashion Island, award-winning schools, and Newport's finest beaches. An exceptional chance to secure a premier Harbor View Hills parcel and build for the future. Land-lease buy-out terms subject to change.

Facts and features

Schools

• Harbor View Elementary School

  elementary · K-6 · 0.1 mi

  10

• Corona Del Mar High School

  middle · 7-12 · 2.1 mi

  8

• Harbor Day School

  elementary · K-8 · 0.7 mi

• Abraham Lincoln Elementary School

  elementary · K-6 · 0.6 mi

  9

• Roy O. Andersen Elementary School

  elementary · K-6 · 1.4 mi

  10

• St Matthew's Montessori

  elementary · PK-K · 2.0 mi

Price history

• Nov 6, 2026 · Listed$3,999,000
• May 9, 2026 · Listing Removed—
• Apr 17, 2026 · Listed$3,999,000

Tax history

• 2025$2,706 tax · $5,814,000 assessed
• 2024$2,655 tax · $226,475 assessed
• 2023$2,588 tax · $217,682 assessed
• 2022$2,539 tax · $213,414 assessed
• 2021$2,491 tax · $209,230 assessed
• 2020$2,466 tax · $207,085 assessed
• 2019$2,421 tax · $203,025 assessed
• 2018$2,374 tax · $199,045 assessed

Home value

$5,890,400

• Cotality$5,890,400
• Collateral Analytics$4,513,000
• Quantarium$7,914,120

Where it is