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23731 Colima Bay, Dana Point, California 92629, Dana Point, 92629 - 2 bed, 2 bath

23731 Colima Bay, Dana Point, California 92629 home-pic-0
ACTIVE$3,100,000$1,542/sqft
Est. Value: $2,718,594
-12%
AboveEstimate
23731 Colima Bay, Dana Point, California 92629
2Beds
2Baths
1,542Sqft
4,050Lot

Price Vs. Estimate

The estimated value ($2,718,594.31) is $381,405.69 (12%) lower than the list price ($3,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
High Association Fees: The monthly association fee of $1,159 is substantial and represents a significant ongoing cost, which could impact affordability and appeal to some potential buyers.

Compared to the nearby listings

Price:$3.10M vs avg $2.80M (+$302,500)55%
Size:1,542 sqft vs avg 2,362.5 sqft10%
Price/sqft:$2.0K vs avg $1.3K83%

More Insights

Built in 1974 (52 years old).
Condition: Despite being built in 1974, this property underwent a full, high-quality remodel in 2012. The kitchen features top-tier Subzero and Wolf appliances, custom cabinetry, and a modern open-concept design. Bathrooms showcase luxurious stone and tile work, high-end fixtures, and appear pristine. Hardwood floors, central heating/cooling, and overall finishes are in excellent condition, showing no signs of wear or deferred maintenance. The property meets current quality standards and is move-in ready with virtually new components from the extensive renovation.
Year Built
1974
Close
-
List price
$3.1M
Original List price
$3.1M
Price/Sqft
$2,010
HOA
$1,159
Days on market
-
Sold On
-
MLS number
OC25275119
Home ConditionExcellent
Features
Patio
ViewCourtyard

About this home

Welcome to this exceptional single-level home nestled in the prestigious 24-hour guard-gated oceanfront community of Niguel Shores. Ideally situated on a private lot within a serene cul-de-sac, this approximately 1,520 sqft residence offers true single level living with no interior steps where combined style & functionality create the perfect 'ocean close' retreat. following a full remodel in 2012 our owners set out to design a floor plan that allowed a generous open plan living space & wonderfully private, sun filled outdoor area, perfect for entertaining. The open airy kitchen, dining & living spaces with vaulted ceilings offer an abundance of natural light. The spacious kitchen layout allows the 'chef' to easily be included with guests! Additionally clever window design allows direct access to serve the outdoor BBQ/bar area. Included ‘Subzero’ built in fridge freezer, ‘Wolf’ oven & steam oven, custom built in refrigerated wine cabinet, 2 custom window features, display cabinets with lighting, an abundance of storage & a versatile center island. In the living area a stone feature fireplace accompanies recessed built in cabinetry offering additional storage & display. The Primary suite is beautifully designed for privacy, including a generous bathroom suite with classic tile features including the generous shower & walk-in closet. The secondary bedroom offers direct access to the rear patio through slider doors. A separate home office is situated off the dining space to be close to the heart of the home or simply close the door & forget about work for the day! Additional highlights include interior plantation shutters, central heating & cooling, an oversized two-car garage with 'stackable' washer & dryer, epoxy flooring & additional storage cabinets, off-street parking with large driveway. This home offers a tremendous opportunity to enjoy all the opportunities that proximity to the ocean creates. Residents of Niguel Shores enjoy exclusive access to private beach bluff park, direct beach access, community clubhouse, "Junior Olympic-sized" pool, spa, tennis courts, pickle-ball courts, children's playground & more—all just minutes from world-class Ritz Carlton & Waldorf Astoria resorts, golf courses, walking distance to Salt Creek Beach & it’s amazing "surf breaks", Dana Point Harbor with its Lantern District offering incredible dining & shopping opportunities. Don't miss this rare opportunity to make your dream home a reality in the heart of Monarch Beach!

B
Bob Wolff
Listing Agent

Nearby schools

5/10
Richard Henry Dana Elementary School
Public,•K-5•0.7mi
9/10
John Malcom Elementary School
Public,•K-5•1.5mi
8/10
Moulton Elementary School
Public,•K-5•3.6mi
9/10
El Morro Elementary School
Public,•K-5•7.9mi
6/10
Marco Forster Middle School
Public,•6-8•2.2mi
7/10
Niguel Hills Middle School
Public,•6-8•4.7mi
9/10
Thurston Middle School
Public,•6-8•5.8mi
8/10
Dana Hills High School
Public,•9-12•1.0mi
9/10
Laguna Beach High School
Public,•9-12•5.8mi

Price History

Date
Event
Price
05/17/12
Sold
$565,000
Condition Rating
Excellent
Despite being built in 1974, this property underwent a full, high-quality remodel in 2012. The kitchen features top-tier Subzero and Wolf appliances, custom cabinetry, and a modern open-concept design. Bathrooms showcase luxurious stone and tile work, high-end fixtures, and appear pristine. Hardwood floors, central heating/cooling, and overall finishes are in excellent condition, showing no signs of wear or deferred maintenance. The property meets current quality standards and is move-in ready with virtually new components from the extensive renovation.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Prime Location & Community Amenities: Nestled in the prestigious 24-hour guard-gated oceanfront community of Niguel Shores, offering exclusive access to a private beach bluff park, direct beach access, clubhouse, 'Junior Olympic-sized' pool, spa, tennis courts, pickleball, and proximity to world-class resorts, golf courses, Salt Creek Beach, and Dana Point Harbor.
Extensive Recent Remodel: Fully remodeled in 2012, the home boasts a modern, open-plan living space with vaulted ceilings and abundant natural light, ensuring contemporary style and functionality throughout.
Gourmet Kitchen with High-End Appliances: The spacious, open-airy kitchen features premium appliances including a Subzero built-in fridge/freezer, Wolf oven and steam oven, custom refrigerated wine cabinet, and a versatile center island, perfect for culinary enthusiasts and entertaining.
Single-Level Living & Functional Layout: Offers true single-level living with no interior steps, a wonderfully private, sun-filled outdoor area ideal for entertaining, and a dedicated home office, catering to comfort, accessibility, and flexible living needs.
Desirable Additional Features: Includes central heating and cooling, interior plantation shutters, an oversized two-car garage with epoxy flooring and additional storage, and a large driveway providing ample off-street parking.

Cons

High Association Fees: The monthly association fee of $1,159 is substantial and represents a significant ongoing cost, which could impact affordability and appeal to some potential buyers.
Limited Square Footage & Bedroom Count: At approximately 1,520 sqft with 2 beds/2 baths, the property's size might be considered modest for its $3.1 million price point in a luxury oceanfront community, potentially narrowing the buyer pool.
Courtyard View, Not Ocean View: Despite being in an 'oceanfront community,' the property specifically notes a 'Courtyard' view, which may disappoint buyers expecting direct ocean vistas given the prestigious location and price.
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