NOT LISTED FOR SALE

23276 Atlantis Way Unit 40 Dana Point, CA 92629

Monarch Bay Neighborhood

Estimated Value: $1,892,406 - $2,138,000

3 Beds
2.5 Baths
1,858 Sq Ft
$617/mo HOA Fee

Last Sold June 05, 2024

Last sale price $1,900,000 $1,023 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,855/month

197 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Gated Community
  • Moulton Elementary Rated A
  • Spa
  • Updated Kitchen

About This Home

As of June 2024

Panoramic ocean views can be found at this stylish, remodeled condo in the superbly-located Monarch Bay Villas. Enter into the kitchen and main living area, featuring high ceilings, a 15 foot long island with a waterfall edge, Mink marble-adorned fireplace, dining area and a spacious wet bar that looks out to the Pacific Ocean and Catalina Island. Enjoy one of your two spacious balconies with sublime ocean, golf and resort views of the Ritz Carlton and Waldorf Astoria. A sleek bath, single-car garage and carport complete this main level. Head downstairs to your newly finished primary suite, boasting a Calacatta clad marble fireplace, sizable closets, a luxurious en-suite bathroom with His & Her sinks and another oceanview balcony where you can enjoy your morning coffee. Two generously sized bedrooms and an additional bath will serve the needs of your family and guests. This home is fully turnkey, having just been remodeled including new copper piping, all new drywall, new fixtures, new ducting, and courtesy of the HOA: new tile roof and exterior paint. Monarch Bay Villas is a small, private, gated community with extremely easy access to top tier resorts, premier golf, world-class beaches, walking & biking trails, shopping, Laguna Beach, the harbor and the vibrant Lantern District of Dana Point. Community amenities include a pool, spa, clubhouse, workout room and more. Enjoy the best of south Orange County here in Monarch Beach.

Last Agent to Sell the Property

Bryan Gerlach

Engel & Völkers Dana Point Brokerage Phone: 949-241-9059 License #01906646 Listed on: 11/04/2023

Engel & Völkers Dana Point

Co-Listed By

Samantha Paez

Engel & Völkers Dana Point Brokerage Phone: 949-241-9059 License #02155901

Last Buyer's Agent

Chad Concolino

Main Beach Realty License #01887163

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,771

Year Built

  • Built in 1973 | Remodeled

HOA Fees

  • $617 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Attached Carport Space
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Copper Plumbing

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • L-Shaped Dining Room
  • Laminate Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 1 Common Wall
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7900
  • Assessor Parcel Number 93290040
  • $1,605 per year additional tax assessments

Community Details

Overview

  • 52 Units
  • Monarch Bay Villas Association, Phone Number (855) 253-0153
  • Powerstone Property Management HOA
  • Monarch Bay Villas Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,771

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$617 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Monarch Bay Villas (MBV)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93290040
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1858.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Living Room Balcony, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Ell, Dining Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Primary Bedroom, Gas
  • Levels: Two
  • Price Per Square Foot: 1022.60
  • Room Type: Attic, Kitchen, Living Room, Walk-In Closet
  • Spa Features: Association, Community
  • Bathroom Features: Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Remodeled, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Coastline, Golf Course, Ocean, Panoramic, Water
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Recreation Room, Pet Rules, Controlled Access
  • Association Fee: 617.00
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Bay Villas
  • Phone: 855-253-0153
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Hiking, Gutters, Storm Drains, Street Lights
  • Association Management: Powerstone Property Management

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.48626300

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 52
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 1
  • Tax Tract Number: 7900
  • TaxOtherAnnualAssessmentAmount: 1605.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
May 24, 2024
Sold by
Forte Living Llc
Bought by
Zhou Fei and Zhang Yi
Seller's Agent
Bryan Gerlach
Engel & Völkers Dana Point
Buyer's Agent
Chad Concolino
Main Beach Realty
List Price
$2,195,000
Sold Price
$1,900,000
Premium/Discount to List
-$295,000
-13.44%
Views
2137
Current Estimated Value
$1,975,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,852
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Jan 27, 2020
Closed on
Oct 16, 2020
Sold by
Burke Phyllis A and The Phyllis A Burke Living Tru
Bought by
Forte Living Llc
Seller's Agent
Victoria Strombom
Surterre Properties
Buyer's Agent
Bryan Gerlach
Engel & Völkers Dana Point
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Michaels Ivan V
Bought by
Burke Phyllis A and Living Trust Of Phyllis A Burke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.95%
Source: Public Records

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Range of Values:

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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
Zhou Fei $1,900,000 Pacific Coast Title
Forte Living Llc $1,200,000 Ticor Title
Burke Phyllis A $322,000 Landwood Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forte Living Llc $1,268,302
Previous Owner Forte Living Llc $1,113,052
Previous Owner Burke Phyllis A $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $1,900,000 -4.8% $1,023 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $1,995,000 -4.8% $1,074 / Sq Ft
01/09/2024 01/09/24 Price Changed $2,095,000 -2.3% $1,128 / Sq Ft
01/05/2024 01/05/24 Price Changed $2,145,000 -2.3% $1,154 / Sq Ft
11/04/2023 11/04/23 For Sale $2,195,000 +82.9% $1,181 / Sq Ft
10/30/2020 10/30/20 Sold $1,200,000 -5.1% $646 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $1,265,000 -8.0% $681 / Sq Ft
03/16/2020 03/16/20 Price Changed $1,375,000 -5.2% $740 / Sq Ft
01/27/2020 01/27/20 For Sale $1,450,000 -- $780 / 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
2024 $14,771 $1,273,449 $1,112,548 $160,901
2023 $14,934 $1,248,480 $1,090,733 $157,747
2022 $13,972 $1,224,000 $1,069,346 $154,654
2021 $13,519 $1,200,000 $1,048,378 $151,622
2020 $6,100 $479,526 $300,669 $178,857
2019 $5,944 $470,124 $294,774 $175,350
2018 $5,804 $460,906 $288,994 $171,912
2017 $5,616 $451,869 $283,327 $168,542
2016 $5,494 $443,009 $277,771 $165,238
2015 $5,365 $436,355 $273,599 $162,756
2014 $5,282 $427,808 $268,240 $159,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23205392

California Regional Multiple Listing Service (CRMLS)

APN: 932-900-40