NOT LISTED FOR SALE

Estimated Value: $7,058,000 - $7,826,000

4 Beds
3.5 Baths
2,454 Sq Ft
$3,000/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $6,500,000 $2,649 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $41,351/month

Highlights

  • Ocean View
  • Property has ocean access
  • Private Pool
  • Moulton Elementary Rated A
  • 24-Hour Security
  • Ocean Side of Highway 1

About This Home

As of March 2024

Welcome to your dream beach retreat in Monarch Bay! This prestigious 24-hour guard-gated neighborhood offers the epitome of coastal living, complete with its own private beach club on the sand. Nestled within this coveted community, this exquisite property presents an oversized and flat lot, showcasing breathtaking ocean views and ample space to craft your ideal beachside sanctuary. Boasting a spacious living and dining area that seamlessly connects to both the front and rear yards via sliding doors, this home invites a seamless indoor-outdoor lifestyle. The airy kitchen, overlooking the backyard, provides a delightful view of the hills and offers a charming space for extra dining table. This residence features a versatile bedroom/den that opens onto the rear yard, along with a luxurious primary bedroom boasting a spacious bathroom adorned with dual sinks, an oversized bathtub, and a shower. A roomy walk-in closet adds to the convenience and comfort of the primary suite. Outside, the expansive backyard offers abundant space for relaxation and entertainment, highlighted by a sizable pool, firepit, built-in bbq, perfect for soaking up the sun or hosting gatherings with loved ones. Beyond the confines of this remarkable property, you'll discover an array of amenities just moments away. Indulge in the luxury of 5-star resorts including the Montage, Ritz Carlton, and Waldorf Astoria, while Monarch Beach's renowned walkability ensures easy access to pristine beaches, fine dining, golf courses, tennis courts, hiking trails, and the bustling Dana Point Harbor. The Monarch Bay community offers private exclusive access to the sandy shores. Embrace the unparalleled lifestyle of Monarch Bay, where every day feels like a vacation in paradise. Don't miss the opportunity to make this single-level haven your own and experience the ultimate in luxury coastal living.

Last Agent to Rent the Property

Kristine Torrance

Berkshire Hathaway HomeServices California Properties Brokerage Email: kristorrance@yahoo.com License #01175513 Listed on: 02/24/2024

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Kristine Torrance

Berkshire Hathaway HomeServices California Properties Brokerage Email: kristorrance@yahoo.com License #01175513 Listed on: 02/24/2024

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.29 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Hills
  • Pool
  • Neighborhood
  • Courtyard

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Stucco

Interior Spaces

  • 2,454 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Stained Glass
  • Wood Frame Window
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Ocean Side of Highway 1
  • Concrete Porch or Patio

Utilities

  • Central Heating
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $9,500
  • Rent includes association dues, gardener, pool, trash collection
  • 6-Month Minimum Lease Term
  • Available 2/25/24
  • Tax Lot 86
  • Tax Tract Number 3748
  • Assessor Parcel Number 67012110

Community Details

Overview

  • Property has a Home Owners Association
  • Monarch Bay Association
  • Monarch Bay Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Park
  • Dog Park

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-02-25
  • Credit Check Paid By: Tenant
  • Deposit Security: 9500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Monarch Bay (MB)
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67012110
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2454.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3.57
  • Room Type: All Bedrooms Down, Den, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
  • Window Features: Screens, Stained Glass, Wood Frames
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Hills, Neighborhood, Ocean, Pool
  • Patio And Porch Features: Concrete
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Tennis Court(s), Sport Court, Clubhouse, Guard
  • Association Name: Monarch Bay
  • Senior Community: No
  • Community Features: Dog Park, Park

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12580.00
  • Lot Size Acres: 0.2888

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 6 Months
  • Lot Size Area: 12580.0000 Square Feet
  • Number Of Units Total: 200
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection
  • Waterfront Features: Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 86
  • Tax Tract Number: 3748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Jan 18, 2024
Sold by
Carel Nolet Revocable Trust
Bought by
Harvey Family Trust and Harvey
Seller's Agent
The ImmelTeam
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kristine Torrance
Berkshire Hathaway HomeServices California Properties
List Price
$8,950,000
Sold Price
$6,500,000
Premium/Discount to List
-$2,450,000
-27.37%
Views
308
Current Estimated Value
$7,361,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861,480
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Mmb Management Llc
Bought by
Monarch Bay Land Association

Purchase Details

Closed on
May 6, 2020
Sold by
Monarch Bay Land Association
Bought by
Nolet Carel H J and Carel Nolet Revocable Trust

Purchase Details

Closed on
Oct 12, 2007
Sold by
Mathis Wade M
Bought by
Mmb Management Llc

Purchase Details

Closed on
Sep 8, 2000
Sold by
Kathl Mccarty Carey
Bought by
Carey James J and Carey Kathleen Mccarty

Purchase Details

Closed on
Jun 21, 1996
Sold by
Carey James J
Bought by
Carey Kathleen D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harvey Family Trust $6,500,000 Lawyers Title Company
Monarch Bay Land Association $225,188,000 None Available
Nolet Carel H J $1,578,000 First American Title Company
Mmb Management Llc -- First American Title Company
Carey James J -- --
Carey Kathleen D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2024 03/25/24 Rented $8,750 -7.9% --
02/24/2024 02/24/24 For Rent $9,500 0.0% --
02/05/2024 02/05/24 Sold $6,500,000 -18.7% $2,649 / Sq Ft View Prior Sale
12/30/2023 12/30/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $7,995,000 -3.1% $3,258 / Sq Ft
08/17/2023 08/17/23 Price Changed $8,250,000 -7.8% $3,362 / Sq Ft
07/03/2023 07/03/23 For Sale $8,950,000 -- $3,647 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,741 $6,630,000 $6,363,904 $266,096
2024 $34,741 $3,247,296 $3,010,674 $236,622
2023 $33,875 $3,183,624 $2,951,641 $231,983
2022 $34,129 $3,121,200 $2,893,765 $227,435
2021 $34,072 $3,060,000 $2,837,024 $222,976
2020 $33,661 $3,060,000 $2,837,024 $222,976
2019 $13,002 $1,042,083 $843,193 $198,890
2018 $12,357 $1,021,650 $826,659 $194,991
2017 $11,882 $1,001,618 $810,450 $191,168
2016 $11,503 $981,979 $794,559 $187,420
2015 $10,776 $967,229 $782,624 $184,605
2014 $10,593 $948,283 $767,294 $180,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24035684

California Regional Multiple Listing Service (CRMLS)

APN: 670-121-10