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Welcome to 23875 Coral Bay, an exquisitely rebuilt, single-level coastal home nestled in the heart of the prestigious, guard-gated community of Niguel Shores. Reimagined by renowned custom home builder La Placa Development and designed by Genoway Interiors, this 3-bedroom, 3-bath home epitomizes meticulous attention to detail and craftsmanship. Upon arrival, you're greeted by a custom cobblestone driveway—a rarity among Bay Street homes—leading to custom-painted wood garage doors and a charming Dutch front door. The Sonoma white limestone veneer graces the front facade and continues into the backyard, adding to the cohesive, elegant aesthetic. The exterior features smooth coat stucco, new fascia boards, and a torch-down flat roof. The fully renovated backyard is an entertainers dream—boasting a custom firepit, stained wood accent wall, Sonos speakers, new hardscape, irrigation, and drainage. Step into a bright, open-concept living space where transitional elegance meets coastal charm. Vaulted stained wood ceilings, applied molding accent walls, and a bi-fold slider create a seamless flow to the outdoors, perfect for California’s indoor-outdoor lifestyle. Wood vinyl flooring, solid core doors, and black-framed windows enhance both style and durability. The chef’s kitchen features semi-custom white shaker and wood grain cabinets, quartz countertops, & a farmhouse sink. High-end Thor appliances include a gas range, refrigerator, dishwasher, and microwave, alongside a Zephyr beverage center. A peninsula island with bar seating & an adjacent mudroom with LG washer/dryer, sink, & storage maximize functionality. The home features 3 luxurious bedrooms, with 2 designed as potential primary suites, each offering custom-designed en-suite bathrooms and access to the private wellness center. This side-yard retreat includes a cold plunge, sauna, outdoor shower, & a river rock reflexology walkway, creating a spa-like experience. Modern technology abounds, with a wall-mounted iPad controlling Sonos audio, CCTV security, a WiFi thermostat, & garage door. The home is pre-wired for automation with Cat-6 ethernet & wireless access points. The attached two-car garage has epoxy flooring & a large private driveway. The community of Niguel Shores offers direct beach access, a private oceanfront park, a newly renovated clubhouse, an Olympic-size pool, spa, and recreation facilities. Minutes from the Ritz-Carlton, Waldorf Astoria & Dana Point Harbor.
Listing agent: Gabriel Gonzales DRE #02103278 gabe@laplacaproperties.com, Listing office: La Placa Properties
MLS data updated 10/25/2026, 6:41:26 AM PT
Source: CRMLS, MLS #: NP25029192
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 7, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,425,000Closed sale · Mar 7, 2025ZIP 92629 · Mar 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.