3 San Simeon
About This Property
Designed to live like a single-story home, the residence features a spacious main-level primary suite with direct access to the backyard. The expansive suite includes a beautifully organized walk-in closet with custom closet system and a spa-inspired bathroom that opens to the yard perfect for enjoying sunset skies and peaceful evenings.
Two additional generously sized bedrooms are located on the main level. Upstairs offers a spacious junior primary suite, another large bedroom, and access to a private oversized balcony ideal for taking in canyon, mountain, and peek-a-boo ocean views.
The open-concept layout showcases impressive two-story ceilings, solid wood flooring, and natural stone travertine floors, all enhanced by abundant natural light that seamlessly blends indoor and outdoor living. A charming wine cellar adds warmth and character to the home.
The oversized backyard is ideal for entertaining and relaxation, featuring a beautifully sized pool yard, a charming gazebo seating area, and an additional covered outdoor living space with fireplace perfect for gatherings year-round. A private gate provides direct access to the community walking trail, stunning mature olive tree at the entrance and lush landscaping and an abundance of fruit trees surround the property, creating a private and serene sanctuary.
Palmilla is one of the area's premier guard gated communities, perched along the ridgeline above Aliso Canyon Wilderness Park and the Aliso Summit Trail. Ideally located just minutes from Monarch Beach, The Ritz-Carlton Laguna Niguel, Laguna Beach Village, Dana Point Harbor, and some of Southern California's finest beaches.
Enjoy California coastal living at its finest in this exceptional view property.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Listed by Coldwell Banker Platinum Prop. | $3,950,000 | |
| Listed by Coldwell Banker Platinum Prop. | |||
Property Highlights
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About Niguel Summit West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017