61 Monarch Bay Drive, Dana Point, CA 92629

$5,750,000
3
BD
2
BA
2,522
SqFt
Sold Price
$5,750,000
List Price
$6,600,000
Closing Date
Jun 05, 2020
Status
CLOSED
MLS#
NP19235748
Year Built
1962
Bedrooms
3
Bathrooms
2
Living Sq. Ft
2,522
Lot Size
17,600
Acres
0.404
Lot Location
Back Yard, Bluff, Close to Clubhouse
Days on Market
226
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Monarch Bay (Mb)

Property Description

Offered for the first time, this oceanfront property is located within the private, gated community of Monarch Bay. This site was, in fact, the first property selected here nearly 60 years ago. The original owner is now electing to part with the treasured seaside property which has for decades served as a family retreat. The generously sized parcel of approximately .4 acres includes an expansive ocean view lawn and garden, as well as private sandy overlook known as “the beach”. The promontory location is exceptionally private and includes over 82 linear feet of ocean frontage set above the emerald and aqua waters of the cove below. The ocean, coastline, and sunset vistas are unrivalled. The impeccably-kept single story residence is a timeless, mid-century design. Centrally located on the parcel, the post and beam residence surrounds a light-filled garden courtyard. Floor-to-ceiling walls of glass perfectly frame a dazzling panorama of ocean views. Modest, yet eminently comfortable, the unadulterated home is ideally suited for modernization. Monarch Bay residents enjoy use of their private oceanfront club on the sand (the only one of its kind in Orange County), which makes the beach experience here unsurpassed. This is truly a once-in-a-lifetime offering. HOA is $2430/year, paid quarterly. Monarch Bay Beach Club is $20/month. $500 annual legal assessment fee. The buyout price for land in June 2020 is $5,770,000. Seller's choice of services.

Additional Information

Tract Number
3839
Land Lease
Yes
HOA
2430
Frequency
Annually
Association Amenities
Fire Pit, Clubhouse, Guard, Security
Lot Description
Street Lights
Pool Description
None
Fireplace Description
Living Room
Cooling Description
None
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Capistrano Unified
Attached Structure
Detached
Total Number of Units
1

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Calculator source: Real Geeks

Listing courtesy of Robert Giem from Compass

Listing sold by Bob Wolff from Harcourts Prime Properties