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REALATRENDS
61 Monarch Bay Drive, Dana Point

Sold

61 Monarch Bay Drive sold on June 5, 2020 for $5,750,000, 12.9% below the $6,600,000 asking price after 222 days on the market; it was first listed at $7,700,000. The buyer paid cash. The details are below for reference.

$5,750,000

61 Monarch Bay Drive Dana Point, CA 92629

Single Family ResidenceSold

3Beds
2Total Baths
2Full Baths
2,522SqFt
$2,280$/SqFt
1962Built

SubdivisionMonarch Bay

About 61 Monarch Bay Drive

Offered for the first time, this oceanfront property is located within the private, gated community of Monarch Bay. This site was, in fact, the first property selected here nearly 60 years ago. The original owner is now electing to part with the treasured seaside property which has for decades served as a family retreat. The generously sized parcel of approximately .4 acres includes an expansive ocean view lawn and garden, as well as private sandy overlook known as “the beach”. The promontory location is exceptionally private and includes over 82 linear feet of ocean frontage set above the emerald and aqua waters of the cove below. The ocean, coastline, and sunset vistas are unrivalled. The impeccably-kept single story residence is a timeless, mid-century design. Centrally located on the parcel, the post and beam residence surrounds a light-filled garden courtyard. Floor-to-ceiling walls of glass perfectly frame a dazzling panorama of ocean views. Modest, yet eminently comfortable, the unadulterated home is ideally suited for modernization. Monarch Bay residents enjoy use of their private oceanfront club on the sand (the only one of its kind in Orange County), which makes the beach experience here unsurpassed. This is truly a once-in-a-lifetime offering. HOA is $2430/year, paid quarterly. Monarch Bay Beach Club is $20/month. $500 annual legal assessment fee. The buyout price for land in June 2020 is $5,770,000. Seller's choice of services.

61 Monarch Bay Drive, Dana Point

Price
$5,750,000
Days On Site
N/A
Bedrooms
3
Inside Area (SqFt)
2,522 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.404 Acres
Year Built
1962
MLS® Number
NP19235748
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
$202.5 monthly
Sq Ft Source
N/A

General Features

Property Type
Single Family Residence
MLS Number
NP19235748
Year Built
1962
Living Area (sq ft)
2,522
Lot Size (sq ft)
17,600
Lot Size (acres)
0.404
Levels
One
Bedrooms
3
Full Baths
2
Garage Spaces
2
Parking Spaces
4
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
HOA Dues
$2,430
HOA Frequency
Annually
HOA Name
Monarch Bay HOA
Parcel Number
67014119
On Market Date
2019-10-16
Listing Terms
Standard

Interior Features

Interior Features
Bedroom On Main Level, Main Level Primary
Cooling
None
Fireplace
Living Room
Laundry
In Kitchen
Main Level Bedrooms
3
Main Level Bathrooms
2
Common Walls
No Common Walls

Exterior Features

Lot Features
Bluff, Back Yard, Close To Clubhouse
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Monarch Bay (MB)
Community Features
Street Lights
Association Amenities
Clubhouse, Fire Pit, Guard, Security
Land Lease
Yes

Schools

School District
Capistrano Unified

Property Details for 61 Monarch Bay Drive

This 3-bedroom, 2-bath single-family home sits in the Monarch Bay neighborhood of Dana Point in Orange County. It offers 2,522 square feet of living space. The home was built in 1962. The MLS record lists the assessor parcel number as 670-141-19. Highlights include ocean and coastline views, a fireplace, single-story living, an attached two-car garage, and a 0.4-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

61 Monarch Bay Drive was listed for sale on October 16, 2019 at $7,700,000.

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 Robert Giem of Compass

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