$4,000,000
SOLD JAN 27, 2025
6 Beds
8 Baths
5,600 Sq Ft
0.29 Acres

Recently Sold

$714 Per Sq Ft

50% Below List Price

3 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Private Pool
  • John Malcom Elementary School Rated A
  • Under Construction
  • Two Primary Bedrooms

About This Home

As of January 2025

Truly an outstanding opportunity for this "Brand New Custom Built" "New West Indies" Inspired Architecture residence located within the coveted "Ocean Close" gated community of Monarch Beach! This 5600sqft residence is situated on a 12,600sqft cul-de-sac site commanding incredible Ocean/Catalina Views from both levels! The completion for this custom built home is scheduled for December of 2025. Amenities include dual Master Suites (One upstairs and one downstairs), and the ability to configure the living spaces to include 5 bedrooms, plus an office, or 6 bedrooms, all ensuite, This extremely open and spacious floor plan also includes a large Great Room... featuring uninterrupted views through an expansive bank of multi-panel sliding doors, elevator, fireplace with custom design "Stone Tile Surround", elevated ceilings, custom cabinetry and lighting throughout, wire brushed European White Oak hardwood flooring, Decorative stone/tile in all bathrooms and laundry, 8-ft solid core interior doors, professionally designed DTS security system, category 7 Data wire, Energy Efficient HVAC systems, pre-wired for ceiling speakers, multi-media enhanced outlets, a Gourmet Chef's kitchen, with Miele Built-in Appliances, Quartz slab counters, undercabinet lighting, 48 inch M-Touch 8 burner gas range with integrated microwave and warming drawer. Primary Master suite upstairs includes a "private terrace" and a most generously sized walk-in closet, custom made "his" and "her" vanities, Quartz countertops, free-standing soaking tub and large contemporary walk-in shower with frameless clear glass enclosure. 3-car garage with epoxy flooring and prep for "E-car charger". Smooth stucco exterior, custom Front Door System and complementing garage doors... and many more custom features throughout! Walking distance to both The Ritz Carlton and The Waldorf Resorts as well as the renowned "Salt Creek Beach" with it's surfing breaks! The Monarch Beach Community also provides a gated access to the walking trail. Minutes to the Dana Point Harbor inclusive of its "Lantern District" with its numerous shopping and dining facilities. Minutes to the free Laguna Beach Shuttle, easy access to the 5 freeway. Truly an outstanding opportunity for your most discerning purchaser to complete a Brand New Ocean/Catalina View residence in one of the most coveted "Gated Communities" in Southern California! Be sure to see Supplements attached for renderings and floor plans! Still time for changes!

Last Agent to Sell the Property

Robert Wolff

Harcourts Prime Properties License #01053562 Listed on: 12/02/2024

Harcourts Prime Properties

Last Buyer's Agent

Jeffrey Golden

Coldwell Banker Realty License #01080923

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • Block Wall Fence
  • Landscaped
  • Level Lot

HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Three Garage Doors
  • Driveway

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Ocean Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Concrete Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 11548
  • Assessor Parcel Number 67240122
  • $1 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Estates At Monarch Beach Association, Phone Number (949) 833-2600
  • Monarch Beach Master Association
  • Keystone Pacific HOA
  • Estates At Monarch Beach Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Hiking Trails

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$595 per month

Parking

3

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Estates At Monarch Beach (EMB)
  • View: Yes
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67240122
  • Year Built: 2025
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5600.00 Square Feet
  • Interior Amenities: Built-in Features, Elevator, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 714.29
  • Room Type: Entry, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Two Primaries, Walk-In Closet
  • Spa Features: Private
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Quartz Counters, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Ocean
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Three Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Electric Oven, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry, Standard
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s), High Efficiency
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Monarch Beach Master
  • Amenities: Picnic Area, Maintenance Grounds, Pet Rules, Guard, Controlled Access
  • Association Fee: 427.00
  • Association #2 Fee: 168.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Estates at Monarch Beach
  • Phone: 949-833-2600
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Keystone Pacific

Green Features

  • Efficiency: HVAC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12632.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 11548
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Nov 27, 2023
Sold by
Kataf Family Trust and Kataf Hassan
Bought by
33 Gavina Llc
Seller's Agent
Robert Wolff
Harcourts Prime Properties
Buyer's Agent
Robert Wolff
Harcourts Prime Properties
List Price
$2,850,000
Sold Price
$2,088,500
Premium/Discount to List
-$761,500
-26.72%
Views
221
Current Estimated Value
$3,972,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,883,833
Avg. Annual Appreciation
37.47%
Original Mortgage
$1,255,000
Outstanding Balance
$1,233,928
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$2,738,405

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 20, 2020
Sold by
Cranton Shane T and Cranton Carey L
Bought by
Kataf Hassan and Kataf Farah
Seller's Agent
Robert Wolff
Harcourts Prime Properties
Buyer's Agent
Amber Allen
Compass
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 12, 2019
Closed on
Nov 25, 2019
Sold by
Sherrel Cleo
Bought by
Cranton Shane T and Cranton Carey L
Seller's Agent
John Veytia
Compass
Buyer's Agent
John Veytia
Compass
List Price
$1,900,000
Sold Price
$1,250,000
Premium/Discount to List
-$650,000
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.60%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Sherrel Cleo
Bought by
Sherrel Cleo
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 Type Sale Price Title Company
Grant Deed $2,088,500 Chicago Title Company
Grant Deed $1,600,000 First Integrity Title Co
Grant Deed $1,250,000 First American Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,255,000 New Conventional
Previous Owner $800,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Sold $4,000,000 -50.0% $714 / Sq Ft
12/02/2024 12/02/24 For Sale $7,995,000 +282.8% $1,428 / Sq Ft
12/28/2023 12/28/23 Sold $2,088,500 -4.9% -- View Prior Sale
10/31/2023 10/31/23 Price Changed $2,195,000 -8.4% --
10/11/2023 10/11/23 Price Changed $2,395,000 -7.7% --
09/01/2023 09/01/23 Price Changed $2,595,000 -8.9% --
06/29/2023 06/29/23 For Sale $2,850,000 +78.1% --
08/31/2020 08/31/20 Sold $1,600,000 -5.6% -- View Prior Sale
07/19/2020 07/19/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $1,695,000 +35.6% --
12/05/2019 12/05/19 Sold $1,250,000 -13.8% -- View Prior Sale
11/24/2019 11/24/19 Pending -- -- --
11/22/2019 11/22/19 Price Changed $1,450,000 -23.7% --
11/12/2019 11/12/19 For Sale $1,900,000 -- --
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 $21,140 $2,130,270 $2,130,270 --
2024 $21,140 $2,088,500 $2,088,500 --
2023 $16,826 $1,664,640 $1,664,640 $0
2022 $16,506 $1,632,000 $1,632,000 $0
2021 $16,188 $1,600,000 $1,600,000 $0
2020 $12,654 $1,250,000 $1,250,000 $0
2019 $4,526 $446,128 $446,128 $0
2018 $4,439 $437,381 $437,381 $0
2017 $4,352 $428,805 $428,805 $0
2016 $4,278 $420,398 $420,398 $0
2015 $4,233 $414,084 $414,084 $0
2014 $4,154 $405,973 $405,973 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24238642

California Regional Multiple Listing Service (CRMLS)

APN: 672-401-22