$715,000
SOLD FEB 7, 2025

40 Corniche Dr Unit C Dana Point, CA 92629

1 Bed
1 Bath
735 Sq Ft
$557/mo HOA Fee

Recently Sold

$973 Per Sq Ft

1% Below List Price

22 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Primary Bedroom Suite
  • John Malcom Elementary School Rated A
  • Filtered Pool
  • Ocean Side of Freeway

About This Home

As of February 2025

Amazing Monarch Hills Condo in the "walk to the beach" close community of Ritz Pointe. Panoramic ocean views and cooling onshore breezes will enlighten your senses as you walk up to the front door of your new home. #40 is one of the best buildings in this 24hr guard gated community and you know what they say about location! You will enjoy this completely remodeled ground floor unit with no steps and monochromatic vibe. Bright natural lighting, fresh paint, blinds, base, luxury vinyl plank flooring, quartz countertops, subway backsplash, stacked rock fireplace, new fixtures, pulls and knobs, LED lighting, stunning shower with barn door, fresh stainless-steel appliances! Conveniently, located next to ocean view HOA jacuzzi and portico. Abundant parking and convenient storage for your all your toys steps from your entryway. Washer, Dryer included, and all furniture is negotiable. Walking distance to award winning John Malcolm Elementary and all Association amenities: Pool & three spas, Clubhouse, game room, ocean view grass area for picnics, gatherings, and July 4th firework celebrations. Salt Creek Corridor, Laguna Niguel Regional Park/Trail and Arroyo Salado Sanctuary provide easy access to world class beaches, parks, surfing, hiking, biking, Salt Creek beach and The Strand as well as Ritz Carlton and Waldorf Astoria Resorts. Boating, golf, shopping, fishing, coffee, dining, fitness, grocery, and luxury cinema are minutes away at Ocean Ranch Village, Monarch Beach Plaza, Monarch Beach Golf Links and Dana Point Harbor. Location, Location, location, period. Welcome to your new home on the California Riviera!

Last Agent to Sell the Property

Douglas Krone

Pacific Sotheby's Int'l Realty License #01438519 Listed on: 12/17/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

John Russell

Pacific Sotheby's Int'l Realty License #01512593

Last Buyer's Agent

Bianka Asik

CENTURY 21 Affiliated License #02006910

CENTURY 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,291

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Two or More Common Walls
  • Wood Fence

HOA Fees

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Open to Family Room
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Covered patio or porch
  • Lanai
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • John Malcom Elementary School
  • Don Juan Avila Middle School
  • Dana Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936512
  • $524 per year additional tax assessments

Community Details

Overview

  • 325 Units
  • Monarch Hills Condo Association, Phone Number (949) 215-5000
  • Action Property Management Association, Phone Number (949) 450-0202
  • Nexus Smart Communities HOA
  • Monarch Hills Condos Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,291

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$557 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer and Dryer
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard
  • Subdivision Name Other: Monarch Hills Condos (MHC)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936512
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 735.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Quartz Counters, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Accessibility Features: No Interior Steps, See Remarks
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas Starter, Masonry
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 972.79
  • Room Type: All Bedrooms Down, Entry, Family Room, Galley Kitchen, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association, Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Quartz Counters, Remodeled, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Covered, Lanai, Wood
  • Pool Features: Association, Filtered, Heated, In Ground
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Frame, Stucco, Unknown

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Paved
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Ice Maker, Microwave, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Individual Room, Outside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Hiking Trails, Gym/Ex Room, Clubhouse, Recreation Room, Meeting Room, Pet Rules, Call for Rules, Management, Guard, Security
  • Association Fee: 447.00
  • Association #2 Fee: 110.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condo
  • Phone: 9492155000
  • Association Phone #2: 9494500202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
  • Association Management: Nexus Smart Communities
  • Association Management 2: Action Property Management

Schools

  • School District: Capistrano Unified
  • Elementary School: John Malcom
  • Middle School: Don Juan Avila
  • High School: Dana Hills
  • Elementary School: John Malcom
  • High School: Dana Hills
  • Middle Or Junior School: Don Juan Avila
  • Elementary School #2: JOHMAL
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Latitude Manual: 33.48673300

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 325
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 1
  • Tax Tract Number: 13434
  • TaxOtherAnnualAssessmentAmount: 524.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 24, 2025
Sold by
Krone Family Trust and Krone Zachary
Bought by
Sturges Family Trust and Sturges
Seller's Agent
Douglas Krone
Pacific Sotheby's Int'l Realty
Buyer's Agent
Bianka Asik
CENTURY 21 Affiliated
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Views
77
Current Estimated Value
$722,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,660
Avg. Annual Appreciation
2.44%
Original Mortgage
$457,200
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2023
Closed on
Mar 22, 2023
Sold by
Washburn Lonie W and Washburn Suzanne K
Bought by
Krone Family Trust
Seller's Agent
Steven Abraham
First Team Real Estate
Buyer's Agent
Douglas Krone
Pacific Sotheby's Int'l Realty
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$455,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1995
Sold by
Monarch Beach Venture Ltd
Bought by
Washburn Lonie W and Washburn Suzanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.42%
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 Type Sale Price Title Company
Grant Deed $715,000 Chicago Title Company
Grant Deed $650,000 Lawyers Title Company
Grant Deed $127,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $457,200 New Conventional
Previous Owner $455,000 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $83,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $105,000 Credit Line Revolving
Previous Owner $107,000 Unknown
Previous Owner $70,000 Credit Line Revolving
Previous Owner $114,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $715,000 -1.4% $973 / Sq Ft
12/17/2024 12/17/24 For Sale $725,000 +11.5% $986 / Sq Ft
04/10/2023 04/10/23 Sold $650,000 -1.4% $884 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $659,000 -- $897 / 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 $7,291 $663,000 $557,347 $105,653
2023 $2,509 $203,575 $89,576 $113,999
2022 $2,415 $199,584 $87,820 $111,764
2021 $2,348 $195,671 $86,098 $109,573
2020 $2,357 $193,665 $85,215 $108,450
2019 $2,306 $189,868 $83,544 $106,324
2018 $2,244 $186,146 $81,906 $104,240
2017 $2,180 $182,497 $80,300 $102,197
2016 $2,120 $178,919 $78,725 $100,194
2015 $1,972 $176,232 $77,543 $98,689
2014 $1,938 $172,780 $76,024 $96,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24236186

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-12