RENTED MAY 20, 2025

Estimated Value: $6,649,000 - $7,012,000

4 Beds
2 Baths
2,536 Sq Ft
$2,703/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $6,750,000 $2,662 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $38,336/month

Highlights

  • Golf Course Community
  • Coastline Views
  • Fishing
  • Moulton Elementary Rated A
  • Private Pool
  • Midcentury Modern Architecture

About This Home

As of May 2025

Welcome to this stunning single-level mid-century modern home, located in the prestigious Monarch Bay community. This 4-bedroom residence is set on a large, flat lot and showcases the timeless appeal of mid-century architecture with open, airy spaces and clean lines. The home features a private pool, ideal for relaxing or entertaining in the sunny California climate.
Just a short walk away, you'll find the exclusive Monarch Bay Beach Club, with membership included in the rental. The club offers a range of luxurious amenities, including private beach access, beachfront dining, a full bar, cozy firepits, and more—creating the perfect setting for coastal relaxation and entertainment. Enjoy the ultimate combination of classic design and resort-style living in this beautiful home.

Last Agent to Rent the Property

Richard Dewey

Pacific Sotheby’s International Realty Brokerage Phone: 949-355-3223 License #01988199 Listed on: 10/23/2024

Pacific Sotheby’s International Realty

Last Renter's Agent

Richard Dewey

Pacific Sotheby’s International Realty Brokerage Phone: 949-355-3223 License #01988199 Listed on: 10/23/2024

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • Back Yard

Parking

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

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,536 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Family Room with Fireplace
  • Coastline Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Natural Gas Connected

Additional Features

  • Concrete Porch or Patio
  • Suburban Location

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes association dues, gardener, pool, trash collection
  • Available 10/23/24
  • Tax Lot 4
  • Tax Tract Number 3839
  • Assessor Parcel Number 67013121
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Monarch Bay Association
  • Monarch Bay Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Fishing
  • Park
  • Dog Park
  • Bike Trail

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-10-23
  • Credit Check Paid By: Tenant
  • Deposit Security: 15000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Ad Number: 9493553223
  • Property Attached: No
  • Subdivision Name Other: Monarch Bay (MB)
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 67013121
  • Year Built: 1965
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2536.00 Square Feet
  • Interior Amenities: Crown Molding, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Entry Slope Less Than 1 Foot, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 5.91
  • Room Type: All Bedrooms Down
  • Spa Features: Private
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Coastline
  • Patio And Porch Features: Concrete
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 11900.00
  • Lot Size Acres: 0.2732

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 11900.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 4
  • Tax Tract Number: 3839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Mmb Management Llc
Bought by
Monarch Bay Land Association
Current Estimated Value
$7,255,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,084,800
Interest Rate
3.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 6, 2020
Sold by
Monarch Bay Land Association
Bought by
Osterberg Barbara and The Osterberg Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,084,800
Interest Rate
3.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Osterberg Gunnar M and Osterberg Barbara N
Bought by
Osterberg Gunnar M and Osterberg Barbara N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Monarch Bay Land Association $225,188,000 None Available
Osterberg Barbara $1,859,000 First American Title Company
Osterberg Gunnar M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osterberg Barbara $7,084,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2025 05/20/25 Rented $15,000 0.0% --
04/28/2025 04/28/25 Off Market $15,000 -- --
04/05/2025 04/05/25 For Rent $15,000 0.0% --
04/04/2025 04/04/25 Off Market $15,000 -- --
10/23/2024 10/23/24 For Rent $15,000 0.0% --
10/21/2024 10/21/24 Sold $6,750,000 -13.5% $2,662 / Sq Ft View Prior Sale
10/21/2024 10/21/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $7,800,000 -- $3,076 / 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 $5,225 $6,750,000 $6,499,383 $250,617
2024 $5,225 $304,464 $173,299 $131,165
2023 $5,005 $298,495 $169,901 $128,594
2022 $4,850 $292,643 $166,570 $126,073
2021 $4,617 $286,905 $163,304 $123,601
2020 $4,266 $283,964 $161,630 $122,334
2019 $4,318 $278,397 $158,461 $119,936
2018 $4,239 $272,939 $155,354 $117,585
2017 $4,027 $267,588 $152,308 $115,280
2016 $3,825 $262,342 $149,322 $113,020
2015 $3,556 $258,402 $147,079 $111,323
2014 $3,507 $253,341 $144,198 $109,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24219587

California Regional Multiple Listing Service (CRMLS)

APN: 670-131-21