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Sold

23242 Palawan Circle sold on October 10, 2023 for $2,900,000, 10.8% below the $3,250,000 asking price after 88 days on the market; it was first listed at $3,395,000. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Oct 10, 2023

23242 Palawan Circle, Dana Point, CA 92629

  • 3 beds
  • 2 baths
  • 2,426 sq ft
  • 7,800 sq ft lot
  • Built 1973

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$2,900,000

MLS# LG23112574

Subdivision Monarch Bay Terrace

18 single-family homes sold in the past 12 months · median $4,985,000

See 5 homes for sale in Monarch Bay Terrace

The home

About 23242 Palawan Circle

Nestled in the highly sought-after Monarch Bay Terrace, this exceptional property is perfectly situated on a tranquil, single-loaded cul-de-sac. A gated courtyard entry welcomes you to this immaculate 3-bedroom home, where stunning 180-degree views of the Pacific await. The living room greets you with a captivating panorama of the ocean, showcased by a wall of picture windows and doors. The space is enhanced by soaring vaulted beamed ceilings and a cozy double-sided fireplace. The breathtaking views continue into the separate family room, which seamlessly connects to the spacious eat-in kitchen, featuring a large island with a breakfast bar, stainless Subzero fridge, two ovens, a walk-in pantry, and more. For formal gatherings, there is a separate dining room with ample space to accommodate large parties. The master retreat offers a serene escape with vaulted beamed ceilings, mesmerizing ocean views, and a lavish bathroom complete with dual sinks, a walk-in shower, access to an outdoor courtyard area, and ample natural light. Entertain guests while reveling in privacy and the stunning views from the expansive back patio and deck, perched high above the homes below. This meticulously maintained residence is ideally located near acclaimed resorts, renowned beaches, exceptional shopping, and only moments away from the Dana Point Harbor and Laguna Beach.

Property details for 23242 Palawan Circle

This 3-bedroom, 2-bath single-family home sits in the Monarch Bay Terrace neighborhood of Dana Point in Orange County. It has 2,426 square feet of living space on a 7,800-square-foot lot. The home was built in 1973. The MLS record lists the assessor parcel number as 670-051-24. Highlights include ocean and coastline views, a fireplace, single-story living, an attached two-car garage, and a turnkey home.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
LG23112574
Year Built
1973
Living Area (sq ft)
2,426
Living Area Source
Assessor
Lot Size (sq ft)
7,800
Lot Size (acres)
0.1791
Levels
One
Bedrooms
3
Full Baths
2
Garage Spaces
2
Parking Spaces
4
View
City Lights, Coastline, Ocean, Panoramic, Water
HOA Dues
$420
HOA Frequency
Annually
HOA Name
Monarch Bay Terrace
Parcel Number
67005124
On Market Date
2023-06-26
Listing Terms
Standard
HOA fees
$35 monthly

Interior Features

Interior Features
Beamed Ceilings, Breakfast Bar, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Pantry, Recessed Lighting, Bedroom On Main Level, Main Level Primary, Walk In Pantry
Appliances
Built In Range, Double Oven, Dishwasher, Electric Range, Freezer, Microwave, Refrigerator
Flooring
Carpet, Stone
Heating
Central
Cooling
None
Fireplace
Family Room, Living Room
Laundry
Inside, Laundry Closet
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Windows
Plantation Shutters
Doors
Sliding Doors
Accessibility
Safe Emergency Egress From Home, No Stairs

Exterior Features

Exterior Features
Lighting, Rain Gutters
Construction
Stucco, Wood Siding
Lot Features
Cul De Sac, Front Yard, Lawn, Landscaped
Patio and Porch
Covered, Deck, Patio
Parking
Driveway, Garage Faces Front, Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Condition
Turnkey
Units
1

Community Features

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

The record

Property History for 23242 Palawan Circle

DateEventPriceNote
Oct 10, 2023 Sold $2,900,000
Oct 3, 2023 Status changed to Pending From Active
Sep 12, 2023 Status changed to Active From Active Under Contract
Sep 5, 2023 Status changed to Active Under Contract From Active
Aug 6, 2023 Price reduced $3,250,000 From $3,395,000
Jun 26, 2023 Status changed to Active From Coming Soon
Jun 26, 2023 Listed for sale $3,395,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 23242 Palawan Circle

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0501K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Very High Fire Hazard Severity Zone, Local Responsibility Area.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Dana Point quadrangle, released December 21, 2001. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Dana Point quadrangle, released December 21, 2001. Checked October 15, 2026.

Tsunami hazard area

Outside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Cable: Cox Communications, up to 2,000 Mbps, at 129 of 129 residential locations in this census block. Fixed wireless: Verizon, up to 300 Mbps, at 57 of 129. Fixed wireless: T-Mobile, up to 100 Mbps, at 129 of 129.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590423241000, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.9 miles away (Tesla Destination, 3 Level 2 ports). 43 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

23242 Palawan Circle 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 23242 Palawan Circle

Thinking of selling nearby? We bring current Monarch Bay Terrace sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

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.

Monarch Bay Terrace home sales, past 12 months

Homes sold
18
Median price
$4,985,000
Median days on market
81
Median per sq ft
$1,673

Recorded MLS closings of single-family homes, Oct 25, 2025 to Oct 25, 2026. Days on market run from listing to going under contract.

Recent Monarch Bay Terrace sales

AddressClosedPriceSq ftPer sq ftDays on market
23182 Mindanao Oct 9, 2026 $3,626,000 2,500 $1,450 10
32571 Sea Island Dr. Aug 7, 2026 $7,500,000 3,210 $2,336 83
32221 Azores Drive Jul 10, 2026 $5,290,000 5,650 $936 206
32661 Caribbean Drive May 27, 2026 $7,425,000 3,273 $2,269 190
32641 ADRIATIC Drive May 15, 2026 $3,800,000 2,404 $1,581 176

Schools

Schools for 23242 Palawan Circle

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Moulton
Middle
Niguel Hills
High
Dana Hills
District
Capistrano Unified

Living in Dana Point covers its schools, parks and beaches.

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Listed by Andrea Ballesteros of Coldwell Banker Realty

Listing information updated Oct 11, 2023 at 2:13 AM PT. Source: CRMLS.

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