Offered within the prestigious gated enclave of Monarch Bay Villas
in Monarch Beach, 23294 Atlantis Way presents a rare opportunity to
own a beautifully positioned end-unit residence capturing truly
breathtaking panoramic views. From the moment of entry, the home
unveils a sweeping coastal tableau-spanning the shimmering Pacific
Ocean, white-water waves at Salt Creek Beach, the iconic Monarch
Beach Golf Links, and the refined silhouettes of the Waldorf
Astoria Monarch Beach Resort & Club and The Ritz-Carlton, Laguna
Niguel-all framed by ever-changing sunsets and sparkling city
lights. Thoughtfully designed to embrace its extraordinary vantage
point, the residence is filled with natural light, with expansive
windows and sliding glass doors creating a seamless connection
between indoor living spaces and the coastal horizon beyond.
Vaulted ceilings elevate the main living area, where a fireplace
anchors the room and enhances the sense of warmth and scale. The
adjacent dining space and kitchen are equally well-appointed,
featuring quartz countertops, custom cabinetry, and premium
stainless-steel appliances-each space oriented to maximize both
functionality and the home's captivating views. Multiple outdoor
living areas further extend the experience, offering ideal settings
for al fresco dining, morning coffee, or simply unwinding while
taking in the ocean breeze. Whether hosting or relaxing, the
indoor-outdoor flow is both effortless and inviting. The lower
level features well-proportioned bedrooms, including a tranquil
primary suite with a private balcony, fostering a more intimate
connection to the coastal setting. The suite is complemented by
generous closet space and a thoughtfully updated bath, creating a
quiet retreat within the home. Residents of Monarch Bay Villas
enjoy a unique blend of privacy and convenience, with community
amenities including a pool, spa, clubhouse, fitness room, and
direct access to scenic coastal trails leading to Salt Creek Beach.
Ideally situated near world-class resorts, dining, beaches, and the
harbor, the location offers an unmatched coastal lifestyle.
Balancing elevated design, a premier end-unit position, and some of
the most compelling views within the community, 23294 Atlantis Way
represents a rare offering-equally suited as a full-time residence
or refined coastal retreat.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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