
Dana Point, California 92629
This Turnkey Single-Family Residence represents a High-Potential Investment Opportunity, listed at $7,995,000—positioned above the $7,639,220 Fair Market Value. While priced at a premium, the property offers significant development upside with City and HOA approved plans by Brandon Architects for a new residence. Featuring a Condition Rating of 2, this home includes a Quartz Kitchen and Private Spa. Located in the Capistrano Unified district near Top-Rated Schools, it is an ideal acquisition for Luxury Developers or Owner-Occupants seeking a prestigious Monarch Bay lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 144 Monarch Bay Drive Subject 4 bd · 3 ba · 2,808 sqft · $2,721 | $7,995,000* List Price | 4 | 3 | 2,808 | $2,721 | - |
A 24 Monarch Bay Sold 3 bd · 4 ba · 3,262 sqft · $3,010 · 0.1 mi | $9,820,000 | 3 | 4 | 3,262 | $3,010 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1962, the property is described as turnkey and recently updated with a new presidential roof and a modern quartz kitchen. Interior photos show high-end finishes, updated flooring, and mint condition consistent with a recent renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11900, living area = 2808.
Elementary School: John Malcom Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property includes City and HOA approved plans by Brandon Architects and can be delivered permit-ready (RTI), saving the buyer years of architectural design and entitlement hurdles.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Despite the premium coastal location and nearly $8 million price point, the property is listed as having no views, which may limit its appreciation potential compared to ocean-view homes in the same enclave.
The list price covers the land and permits only; the buyer must commit significant additional capital for the construction of the new residence, making the total investment substantially higher.
Two ways to own Monarch Bay. Live in this single-level home today, or build new with City and HOA approved plans by Brandon Architects for a brand-new single-level residence. The property can be delivered permit-ready (RTI). List price does not include construction of the new home. Set behind the 24-hour guard gate on one of Monarch Bay’s larger private lots (approx. 11,900 sq ft), the classic mid-century home is turnkey and recently updated with a new presidential roof. Inside, an open floor plan centers on a sunlit family room with vaulted ceilings and a statement fireplace, alongside a formal dining area, a quartz kitchen and walls of sliding doors that open to the outdoors. Four bedrooms, three with en-suite baths, all open to outdoor spaces. A home conceived for life at the highest level, with the privacy to match. Residents enjoy the private Monarch Bay Beach Club, managed by the Waldorf Astoria, with beach butler service, coastal dining and oceanfront lounging, near world-class golf, hiking and Dana Point Harbor.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,808 | 2,329.291 |
| Lot Size | 11,900 | 6,405.089 |
| Price | $8.00M | $2.60M |
| Price per sq ft | $2.8K | $1.2K |
| Built year | 1962 | 1978 |
| HOA | $0 | $370 |
| Days on market | 44 | 58 |
Sep 11, 2026
$7,995,000
Initial Listing
Jul 5, 2023
$7,200,000
Public Record
Jul 1, 2020
$225,188,000
Public Record
Jul 1, 2020
$1,617,000
Public Record