See Home Value
Dana Point 92629
118 Monarch Bay Drive
$2,400,000
● Land - Off Market

118 Monarch Bay Drive

Dana Point, CA 92629
bedrooms
Studio
bathrooms
0 Bath
$4,334,390
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Exceptional Panoramic Ocean View Custom Lot(single story home on site now) ready to create your Dream 4,255 s.f. View Level PLUS 1,908 s.f. Subterranean Level Coastal Estate(including garage space).  PANORAMIC Beautiful Ocean and Sunset Views from this prime location in Desirable Monarch Bay.  Entitlement has been obtained by Seller with Plans Approved by Coastal Commission and HOA.  Plans provide greater views with First Level approximately 3' above the Current Living Room Floor.  Lot & Plans provide Highly Unusual Panoramic Views from Home, Pool and Yard plus even a peek of White Water!  Beautiful Panoramic Views from most areas of this original residence including Large Master Bedroom Suite with Sitting area.  Large separate Formal Living & Dining Rooms plus three secondary bedrooms.  Subterranean Garage area in plans have nominal slope to permit easy exotic car access.  24 hour Guard Gated Monarch Bay includes the fantastic Monarch Bay Beach and Beach Club plus Tennis.  A great opportunity to live in one of the most desired communities on the California Riviera.  Property on Lease Land - call for details.
Unit Size
-
Days on Market
222 days
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2019

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Last updated: 4 months ago (CRMLS #OC17186031)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 4, 2020 In contract -
In contract
Apr 30, 2020 Price Increased $5,495,000
↑ $500K (10%)
Price Increased
Mar 23, 2020 Price Decreased $4,995,000
↓ $2M (32.4%)
Price Decreased
Mar 5, 2020 Listed $7,390,000
Listed
Truly an absolutely extraordinary opportunity to own a "soft-contemporary" custom built, Catalina and Ocean view 5,000 sq ft residence located within the exclusive 24 hr guard gated ocean front community of Monarch Bay! Rarely does this become available! This 4 bedroom, office, 4.5 bath, 1 level home boasts an additional 500 sq ft covered loggia as well as a 500 sq ft viewing deck! Other amenities include European oak wood flooring, 3 fireplaces, outdoor fire pit, 10 ft ceilings, wine room and bar area, central air conditioning, elevator, an incredible "pocket door" system, main level laundry room, a metal and glass custom entry door system. Kitchen contains handcrafted cabinetry, Miele professional appliances, upgraded Kolher fixtures, & marble slab center island, an exceptional "ocean view' master suite w/fire place, free standing hydro-system, and an over sized walk-in closet as well as patio access. Ghost style ceiling speakers, Modern Day-Silent Master central vacuum system, tank-less water heaters, professionally designed security and fire sprinklers throughout. Subterranean garage with parking capacity with 6 cars and BDC Epoxy systems floor coating and elevator access. This custom residence is scheduled for a September 2020 completion. Membership to the Monarch Bay Club, (only minutes away) one of the only exclusive Beach Clubs in California! Walk to the Ritz Carlton and the World Renowned Salt Creek Beach! An opportunity like this is seldom available in Monarch Bay! The manager has listed the unit size as 5000 square feet.
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Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 2019
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,894
  • Parking Space Count: 7
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 11,904
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 960
  • Total Building Area: 4,950
  • Gross Building Area: 4,950
  • Building Area: 4,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 4,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT 3748
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 3748 BLK LOT 79

Neighborhood

  • School District Name: Capistrano Unified School District
  • Census Tract: 042305

Geography

  • Assessors Map Reference: 37-C2
  • Subdivision Tract Number: 3748
  • Parcel: 670-121-34
  • Lot: 79
  • Latitude: 33.4855
  • Longitude: -117.73

    Address

  • Full Address: 118 Monarch Bay Dr
  • Address - House Number: 118
  • Address - Street Name: Monarch Bay
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Dana Point
  • Carrier Code: C020
  • 4-Digit Zip Code: 3412
  • Zip Code: 92629

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,310,366
  • Tax Rate Code Area: 28-001

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,373,453
  • High Value: 4,041,245
  • Low Value: 2,705,661

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,989,122
  • Assessed Land Value: $4,629,499
  • Assessed Improvements Value: $2,359,623

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2020000310484
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jun 11, 2020
  • Previous Sale Amount: $225,188,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dana Point


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Frequently Asked Questions

When was property at 118 Monarch Bay Drive built and last sold?
The property at 118 Monarch Bay Drive was built in 2019 and last sold on May 6, 2020 for $1,943,500.
How much is this home worth?
The estimated value of the home located at 118 Monarch Bay Drive is $23,543,035.
What are some comparable homes to 118 Monarch Bay Drive?
There are currently no comparable homes to 118 Monarch Bay Drive.