$4,995,000
PENDING $1M PRICE DROP

Estimated payment $28,703/month

Total Views 11,574
4 Beds
3.5 Baths
3,005 Sq Ft
$1,662 Price per Sq Ft

Highlights

  • Ocean View
  • Updated Kitchen
  • Contemporary Architecture
  • Moulton Elementary Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

Tucked away on a cul-de-sac in Monarch Bay Terrace, this single-level 4 bed, 3.5 bath, appx. 3005 Sq Ft showpiece with panoramic ocean views has been fully reimagined, expanded, and redesigned. From the moment you arrive at the private extended driveway framed by lush, low maintenance landscaping, the home reveals itself as a rare blend of timeless coastal style and modern innovation. Step inside through a dramatic rift-cut white oak pivot door and discover wide-plank French oak floors, soaring 10-foot ceilings, and gallery-like proportions. Oversized WinDor glass doors frame uninterrupted ocean views, opening to an expansive terrace designed for seamless indoor-outdoor living. At the heart of the home, the kitchen balances form and function with an 8 foot Taj Mahal leathered quartzite island, custom oak rift-cut cabinetry with glass accents, and professional-grade appliances including a Thermador range, True commercial refrigerator, and Miele coffee station. A built-in bar with ice maker, sink, Thor beverage center and storage connects the kitchen, dining, and living spaces for effortless entertaining. The primary suite captures the coastline through picture windows and opens to a private terrace. The spa-inspired bath is finished with backlit Namibia Mystery Blue marble, a sculptural soaking tub, oversized rain shower, and dual vanities—all complemented by a fully customized walk-in closet. Two additional bedrooms share a designer bath, while a fourth bedroom suite offers flexibility as live-in quarters, guest casita or as a multi-generational living space with its own entry, ensuite bath, bar sink and private patio. Multiple lounges, TimberTech decking, stainless cable railings, and a built-in sound system create a resort-like setting with the Pacific Ocean as the backdrop. The three-car garage showcases reflective full-view doors, marble-look epoxy flooring, and EV-readiness, doubling as a stylish showroom. Modern conveniences abound with all-new plumbing and electrical, tankless water heater, high-efficiency HVAC, wired for whole-home automation, Sonos audio zones, and smart security; the residence delivers the peace of mind of new construction with the warmth of thoughtful design. 23262 Ellice Circle is more than a remodel—it’s a complete re-invention of the coastal California lifestyle, where luxury design meets everyday comfort against a backdrop of panoramic ocean views.

Listing Agent

John Yasko

Coldwell Banker Realty Brokerage Phone: 949-207-8063 License #01875420 Listed on: 09/12/2025

Coldwell Banker Realty

Co-Listing Agent

Tim Smith

Coldwell Banker Realty Brokerage Phone: 949-207-8063 License #01346878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,318

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 7,800 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • New Fence

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,005 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • High Ceiling
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Mac Arthur Middle School
  • Dana Hills High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • Monarch Bay Terrace Association, Phone Number (949) 668-0800
  • Keystone Pacific HOA
  • Monarch Bay Terrace Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 4272
  • Assessor Parcel Number 67005121
  • $1,494 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,318

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$43 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Monarch Bay Terrace (MBT)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67005121
  • Year Built: 1974
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3005.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Wet Bar, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1662.23
  • Room Type: All Bedrooms Down, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Quartz Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Block, New Condition, Wrought Iron
  • Patio And Porch Features: Concrete, Deck, Patio Open
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Door Opener, Private, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Gas Range, High Efficiency Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central, High Efficiency
  • Laundry Features: Individual Room, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 520.00
  • Association Fee Frequency: Annually
  • Association Name: Monarch Bay Terrace
  • Phone: 9496680800
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Keystone Pacific

Schools

  • High School: Dana Hills
  • Middle Or Junior School: Mac Arthur
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 26
  • Tax Tract Number: 4272
  • TaxOtherAnnualAssessmentAmount: 1494.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $28,318 $2,839,828 $2,270,439 $569,389
2024 $28,318 $2,652,000 $2,225,921 $426,079
2023 $27,610 $2,600,000 $2,182,275 $417,725
2022 $9,487 $804,993 $441,947 $363,046
2021 $9,230 $789,209 $433,281 $355,928
2020 $9,215 $781,117 $428,838 $352,279
2019 $9,013 $765,801 $420,429 $345,372
2018 $8,690 $750,786 $412,186 $338,600
2017 $8,428 $736,065 $404,104 $331,961
2016 $8,188 $721,633 $396,181 $325,452
2015 $7,929 $710,794 $390,230 $320,564
2014 $7,794 $696,871 $382,586 $314,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 Pending -- -- --
10/31/2025 10/31/25 Price Changed $4,995,000 -16.7% $1,662 / Sq Ft
09/12/2025 09/12/25 For Sale $5,995,000 +130.6% $1,995 / Sq Ft
12/28/2022 12/28/22 Sold $2,600,000 -7.1% $1,069 / Sq Ft View Prior Sale
12/13/2022 12/13/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $2,800,000 -- $1,151 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title
Grant Deed -- Lawyers Title
Grant Deed $2,600,000 California Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- South Coast Title Company
Interfamily Deed Transfer -- South Coast Title Company
Interfamily Deed Transfer -- --
Individual Deed $535,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,959,081 Construction
Closed $2,959,081 Construction
Previous Owner $322,700 Purchase Money Mortgage
Previous Owner $325,000 No Value Available
Previous Owner $325,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25203420

California Regional Multiple Listing Service (CRMLS)

APN: 670-051-21