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32511 Caribbean Drive, Dana Point

Sold

32511 Caribbean Drive sold on May 4, 2023 for $4,550,000, 7% below the $4,895,000 asking price after 84 days on the market; it was first listed at $4,995,000. The buyer paid cash. The details are below for reference.

$4,550,000

32511 Caribbean Drive Dana Point, CA 92629

Single Family ResidenceSold

3Beds
3Total Baths
3Full Baths
2,555SqFt
$1,781$/SqFt
1964Built

SubdivisionMonarch Bay Terrace

About 32511 Caribbean Drive

Situated on a premier view lot in prestigious Monarch Bay Terrace, offering sweeping coastline, ocean and Catalina Island views. The property has just received Dana Point Planning Commission approval to build a cutting edge custom home measuring at 6,597 SqFt, matching the listed renderings. Once built, the new contemporary home with shades of mid century design will be the top of the class in Monarch Bay Terrace, spanning over 2 levels both fully daylighting to panoramic views of the Pacific Ocean. Starting from the dramatic entrance across a suspended bridge over the subterranean courtyard, you enter upon a large scale open floor plan with walls of glass and lofty ceilings, which encompass the expansive living and dining area and kitchen. The Entire south wing of the main level is a true primary suite with extensive ocean views both West and South. Downstairs are 3 more large bedrooms, all ensuite, with a large central living room. All rooms open to the outdoors either on the large yard facing the jetliner ocean views, or the lush interior courtyard.This floor plan flows freely to a fabulous rear yard offering over 2,000 sqft of outdoor living space focused around a modern spa and baja shelf. Currently sitting upon the incredible lot is a 3-bedroom 3 bath home, sitting on a 21,000+ square foot lot, which is a generous 103' wide, with the flat usable/buildable portion measuring at approx 10,000 SqFt. This is truly a one of a kind opportunity to remodel or build your dream home. A coveted location close to award-winning resorts, renowned beaches, incredible shopping, and only minutes from the Dana Point Harbor and Laguna Beach!

32511 Caribbean Drive, Dana Point

Price
$4,550,000
Days On Site
N/A
Bedrooms
3
Inside Area (SqFt)
2,555 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
0.4914 Acres
Year Built
1964
MLS® Number
LG23013754
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
$35 monthly
Sq Ft Source
Assessor

General Features

Property Type
Single Family Residence
MLS Number
LG23013754
Year Built
1964
Living Area (sq ft)
2,555
Living Area Source
Assessor
Lot Size (sq ft)
21,406
Lot Size (acres)
0.4914
Levels
One
Bedrooms
3
Full Baths
3
Garage Spaces
2
Parking Spaces
4
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
HOA Dues
$420
HOA Frequency
Annually
HOA Name
Monarch Bay Terrace
Parcel Number
67005303
On Market Date
2023-01-29
Listing Terms
Standard

Interior Features

Interior Features
Open Floorplan, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Multiple Primary Suites, Walk In Closets
Flooring
Stone
Heating
Forced Air
Cooling
None
Fireplace
Living Room
Laundry
Inside, Laundry Room
Main Level Bedrooms
3
Main Level Bathrooms
3
Common Walls
No Common Walls

Exterior Features

Architectural Style
Mid Century Modern
Lot Features
Value In Land
Parking
Garage
Pool Features
None
Spa
In Ground
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Units
1

Community Features

Subdivision
Monarch Bay Terrace (MBT)
Community Features
Storm Drains, Street Lights, Suburban, Sidewalks
Association Amenities
Other

Schools

School District
Capistrano Unified
Elementary School
Moulton
Middle School
Niguel Hills
High School
Dana Hills

Property Details for 32511 Caribbean Drive

This 3-bedroom, 3-bath single-family home sits in the Monarch Bay Terrace neighborhood of Dana Point in Orange County. It offers 2,555 square feet of living space. The home was built in 1964. The MLS record lists the assessor parcel number as 670-053-03. Highlights include ocean and coastline views, a spa, a fireplace, single-story living, an attached two-car garage, and a 0.49-acre lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Property History

32511 Caribbean Drive was listed for sale on January 29, 2023 at $4,995,000.

About Dana Point

Dana Point sits on the Pacific coast in south Orange County, between Laguna Beach and San Clemente, anchored by Dana Point Harbor and bluff-top headlands above Doheny State Beach, Salt Creek Beach, and Strands Beach. Its Lantern District carries street names like Blue Lantern and Violet Lantern, within the Capistrano Unified School District.

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32511 Caribbean Drive is no longer on the market, but comparable homes come up in Dana Point regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 32511 Caribbean Drive

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Listed by Bryan Gerlach of Pacific Sotheby’s International Realty

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