31 Monarch Bay Drive, Dana Point, California 92629, Dana Point, 92629 - 4 bed, 5 bath

31 Monarch Bay Drive, Dana Point, California 92629 home-pic-0
ACTIVE$19,495,000
31 Monarch Bay Drive, Dana Point, California 92629
4Beds
5Baths
6,284Sqft
10,472Lot

Price Vs. Estimate

The estimated value ($16,552,084.63) is $2,942,915.37 (15%) lower than the list price ($19,495,000). 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:
Absence of Ocean View: Despite its prestigious coastal location, the property explicitly states 'None' for views, which is a significant detractor for a luxury estate in Dana Point, especially when compared to nearby properties with panoramic ocean vistas.

Compared to the nearby listings

Price:$19.50M vs avg $2.60M (+$16,895,000)98%
Size:6,284 sqft vs avg 2,359 sqft96%
Price/sqft:$3.1K vs avg $1.3K96%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a newly constructed residence. The description highlights 'ground-up construction' by a visionary architect, featuring 'unparalleled luxury & timeless elegance,' 'meticulous attention to detail,' and 'unparalleled craftsmanship.' The kitchen boasts 'top-of-the-line appliances, custom white oak cabinets, quartzite & Italian marble accents,' while the bathrooms offer 'spa-like luxury with Waterworks fixtures, a freestanding tub, & Calcutta marble accents,' along with other high-end finishes like Zellige tile and Phylrich fixtures. Throughout the home, there are 'carefully curated antique lighting fixtures,' natural materials like 'combed cedar wood & limestone walls,' and expansive walls of glass. All components are new or virtually new, meeting the highest current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2022
Close
-
List price
$19.5M
Original List price
$25M
Price/Sqft
$3,102
HOA
-
Days on market
-
Sold On
-
MLS number
LG25010505
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Nestled within the prestigious confines of Monarch Bay, this exquisite estate invites you into a world of unparalleled luxury & timeless elegance. Crafted by the visionary architect & designer Bob White in 2022, this  ground-up construction residence seamlessly blends modern amenities with classic charm. As you enter through the guard-gated community, a sense of exclusivity & sophistication envelops you. Monarch Bay's allure is undeniable, with its pristine beaches & access to the esteemed Monarch Bay Beach Club restaurant, where Waldorf Astoria-inspired cuisine awaits. Upon arrival at the residence, prepare to be captivated by the meticulous attention to detail evident in every corner. Carefully curated antique lighting fixtures adorn the space, each with its own story to tell. From the transformed Parisian street light in the front stairwell to the enigmatic German Holophane pendant in the dining nook, these fixtures add a touch of history & intrigue to the home's ambiance. The living spaces welcome you with natural materials like combed cedar wood & limestone walls, within a free-flowing floorplan punctuated by expansive walls of glass & blackened steel which maximizes natural light & seamless indoor-outdoor living. The kitchen is a culinary enthusiast's dream, boasting top-of-the-line appliances, custom white oak cabinets, quartzite & Italian marble accents. Whether you're hosting an intimate gathering or preparing a gourmet meal for friends & family, this space offers both functionality & style. In the primary bath, indulge in spa-like luxury with Waterworks fixtures, a freestanding tub, & Calcutta marble accents. Every detail has been thoughtfully curated to create a sanctuary of relaxation & rejuvenation. From the gym bath with its Kohler Brockway sink to the sons' bath featuring Zellige tile & Phylrich fixtures, every room offers a unique blend of comfort & sophistication. Step outside to the meticulously landscaped grounds, where a pool deck adorned with  Belgium blue limestone accents add a touch of coastal charm that beckons you to relax & unwind. Experience the epitome of coastal living at Monarch Bay. With its unparalleled craftsmanship, architectural artistry, & exclusive amenities, this residence offers a rare opportunity to live the life of luxury you've always dreamed of. Welcome home.

Nearby schools

9/10
John Malcom Elementary School
Public,K-51.4mi
5/10
Richard Henry Dana Elementary School
Public,K-51.6mi
8/10
Moulton Elementary School
Public,K-52.9mi
9/10
El Morro Elementary School
Public,K-57.0mi
6/10
Marco Forster Middle School
Public,6-82.7mi
7/10
Niguel Hills Middle School
Public,6-84.4mi
9/10
Thurston Middle School
Public,6-84.9mi
8/10
Dana Hills High School
Public,9-121.7mi
9/10
Laguna Beach High School
Public,9-124.9mi
Condition Rating
Excellent

This property was built in 2022, making it a newly constructed residence. The description highlights 'ground-up construction' by a visionary architect, featuring 'unparalleled luxury & timeless elegance,' 'meticulous attention to detail,' and 'unparalleled craftsmanship.' The kitchen boasts 'top-of-the-line appliances, custom white oak cabinets, quartzite & Italian marble accents,' while the bathrooms offer 'spa-like luxury with Waterworks fixtures, a freestanding tub, & Calcutta marble accents,' along with other high-end finishes like Zellige tile and Phylrich fixtures. Throughout the home, there are 'carefully curated antique lighting fixtures,' natural materials like 'combed cedar wood & limestone walls,' and expansive walls of glass. All components are new or virtually new, meeting the highest current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
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).
New Construction & Architectural Pedigree: Built in 2022 by acclaimed architect and designer Bob White, this ground-up construction offers modern amenities, timeless elegance, and superior craftsmanship.
Exclusive Community & Amenities: Nestled within the guard-gated Monarch Bay, residents enjoy unparalleled privacy, security, and exclusive access to pristine beaches and the esteemed Monarch Bay Beach Club restaurant.
Luxurious Finishes & Materials: The residence boasts meticulous attention to detail with curated antique lighting, natural materials like combed cedar wood and limestone walls, and high-end fixtures throughout.
Gourmet Kitchen & Spa-like Baths: A culinary enthusiast's dream kitchen features top-of-the-line appliances, custom white oak cabinets, quartzite, and Italian marble. Primary and secondary baths offer spa-like luxury with premium fixtures and materials.
Seamless Indoor-Outdoor Living: A free-flowing floorplan with expansive walls of glass and blackened steel maximizes natural light and creates a seamless transition to meticulously landscaped grounds with a pool deck.

Cons

Absence of Ocean View: Despite its prestigious coastal location, the property explicitly states 'None' for views, which is a significant detractor for a luxury estate in Dana Point, especially when compared to nearby properties with panoramic ocean vistas.
Overpriced Relative to Market Value: The current list price of $19.495M is 15% higher than the estimated property value of approximately $16.55M, suggesting it may be overvalued in the current market.
Significant Price Reduction History: The property has undergone a substantial price reduction from its original list price of $24.995M, indicating potential challenges in market reception or an initial overestimation of its value.

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