Offered at the lowest price per square foot of any 3 Bedroom ocean
view home in Monarch Beach, 23297 Pompeii Drive presents a rare and
not-to-be-missed opportunity within the coveted gated enclave of
Monarch Bay Villas. Ideally positioned along one of Monarch Beach's
most sought-after vantage points, the residence captures a
sweeping, unobstructed panorama spanning Saddleback Mountain,
Monarch Beach Golf Links, rolling coastal hillsides, shimmering
city lights, the Waldorf Astoria, the Ritz-Carlton, and
unparalleled white-water ocean views overlooking Salt Creek Beach.
The position, elevation and views of this unique residence are
unparalleled and cannot be replicated in today's market.
Encompassing approximately 2,045 square feet, this 3-bedroom,
2.5-bathroom home features a highly desirable floor plan with
expansive living spaces that offer views from every vantage point.
A welcoming foyer opens to light-filled interiors, including formal
dining, a breakfast nook, and both living and family rooms,
creating a seamless flow for everyday living and refined
entertaining. Outdoor patio and deck spaces extend the living
experience, offering a front-row setting to the surrounding coastal
landscape, while an oversized two-car garage provides added
functionality rarely found within the community. Held by the same
ownership since 1994, this is a true legacy offering-defined by its
scale, positioning, and remarkable views. Whether thoughtfully
updated or reimagined into a custom coastal retreat, the
opportunity is both immediate and enduring. Monarch Bay Villas
residents enjoy the privacy and security of a gated community,
along with access to a community pool, spa, clubhouse, billiards
room, fitness room, dry sauna, restrooms, open green spaces, and
barbecue area. With direct-trail access, you are mere moments away
from world-class beaches, shopping, fine dining, premier resorts,
and the best of Dana Point's vibrant lifestyle. This is more than a
home-it's a legacy waiting to be embraced.
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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