$4,550,000
$4,895,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
0.49 Acres Lot
SOLD DATE : 05/04/2023
Key Details
Sold Price $4,550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Monarch Bay Terrace (Mbt)
MLS Listing ID LG23013754
Sold Date 05/04/23
Bedrooms 3
Full Baths 3
Condo Fees $420
HOA Fees $35/ann
HOA Y/N Yes
Year Built 1964
Lot Size 0.491 Acres
Property Description
Situated on a premier view lot in prestigious Monarch Bay Terrace, offering sweeping coastline, ocean and Catalina Island views. The property has just received Dana Point Planning Commission approval to build a cutting edge custom home measuring at 6,597 SqFt, matching the listed renderings. Once built, the new contemporary home with shades of mid century design will be the top of the class in Monarch Bay Terrace, spanning over 2 levels both fully daylighting to panoramic views of the Pacific Ocean. Starting from the dramatic entrance across a suspended bridge over the subterranean courtyard, you enter upon a large scale open floor plan with walls of glass and lofty ceilings, which encompass the expansive living and dining area and kitchen. The Entire south wing of the main level is a true primary suite with extensive ocean views both West and South. Downstairs are 3 more large bedrooms, all ensuite, with a large central living room. All rooms open to the outdoors either on the large yard facing the jetliner ocean views, or the lush interior courtyard.This floor plan flows freely to a fabulous rear yard offering over 2,000 sqft of outdoor living space focused around a modern spa and baja shelf. Currently sitting upon the incredible lot is a 3-bedroom 3 bath home, sitting on a 21,000+ square foot lot, which is a generous 103' wide, with the flat usable/buildable portion measuring at approx 10,000 SqFt. This is truly a one of a kind opportunity to remodel or build your dream home. A coveted location close to award-winning resorts, renowned beaches, incredible shopping, and only minutes from the Dana Point Harbor and Laguna Beach!
Location
State CA
County Orange
Area Mb - Monarch Beach
Rooms
Main Level Bedrooms 3
Ensuite Laundry Inside, Laundry Room
Interior
Interior Features Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Walk-In Closet(s)
Laundry Location Inside,Laundry Room
Heating Forced Air
Cooling None
Flooring Stone
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside, Laundry Room
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Other
Waterfront Description Ocean Side Of Freeway
View Y/N Yes
View Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Parking Type Garage
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Value In Land
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories One
New Construction No
Schools
Elementary Schools Moulton
Middle Schools Niguel Hills
High Schools Dana Hills
School District Capistrano Unified
Others
HOA Name Monarch Bay Terrace
Senior Community No
Tax ID 67005303
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Patrick Parry • Watts Team Real Estate
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Broker Associate | Lic# 01905244