
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.
32511 Caribbean Drive Dana Point, CA 92629

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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Listed by Bryan Gerlach of Pacific Sotheby’s International Realty
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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