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31222 Flying Cloud Drive, Laguna Niguel, California 92677, Laguna Niguel, 92677 - 2 bed, 2 bath

31222 Flying Cloud Drive, Laguna Niguel, California 92677 home-pic-0
ACTIVE UNDER CONTRACT$1,499,000$1,710/sqft
Est. Value: $1,137,927
-24%
AboveEstimate
31222 Flying Cloud Drive, Laguna Niguel, California 92677
2Beds
2Baths
1,710Sqft
2,994Lot

Price Vs. Estimate

The estimated value ($1,137,927.11) is $361,072.89 (24%) lower than the list price ($1,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Panoramic Views: The property boasts rare and extensive panoramic mountain, whitewater, and ocean views from Saddleback Mountain to San Diego, visible from nearly every room, significantly enhancing its appeal and value.
Top Cons:
Significant Overpricing: The current list price of $1.499M is 24% above the estimated property value, suggesting it may be overvalued in the current market, further indicated by the 'motivated seller' status and a prior price reduction.

Compared to the nearby listings

Price:$1.50M vs avg $1.70M ($-201,000)38%
Size:1,710 sqft vs avg 2,141 sqft31%
Price/sqft:$877 vs avg $79972%

More Insights

Built in 1969 (57 years old).
Condition: Built in 1969, the property is aged but appears well-maintained with fresh paint and functional systems (central AC, included appliances). However, the kitchen features dated white tile countertops and backsplash, an older white wall oven, and fluorescent lighting. Bathrooms also show dated vanities, fixtures, and tile surrounds. While move-in ready, these key areas require significant updates to meet current quality and style standards, aligning with the 'Fair' condition criteria of being aged but maintained, with major components functional but outdated.
Year Built
1969
Close
-
List price
$1.5M
Original List price
$1.55M
Price/Sqft
$877
HOA
$597.7
Days on market
-
Sold On
-
MLS number
OC25093554
Home ConditionFair
Features
Excellent View: Bluff, City Lights, Coastline, Canyon, Harbor, Meadow, Marina, Mountain(s), Ocean, Panoramic, Pier, Water
Deck
ViewBluff,City Lights,Coastline,Canyon,Harbor,Meadow,Marina,Mountain(s),Ocean,Panoramic,Pier,Water

About this home

Motivated seller! This rare 2-bedroom, 2-bath window filled end-unit home offers an incredible vantage point, with panoramic mountain, whitewater and ocean views from Saddleback Mountain to San Diego. Whether you're in the living room, primary suite, or even the commode, you'll enjoy the best views in all of Monarch Summit. With over 1,700 square feet of living space, the home features a seamless flow out to a large private deck (currently being painted), perfect for relaxing or entertaining while soaking in the stunning scenery. The interior has been freshly painted, and the home is move-in ready with central heat and air conditioning, plus a washer, dryer, and refrigerator included. A detached two-car garage provides plenty of storage, with ample additional parking both on-site and on the street. Monarch Summit 1 is one of Laguna Niguel’s best-kept secrets — a peaceful and quiet neighborhood surrounded by amazing hiking and biking trails, with access to two beautiful HOA pools, and just a short drive to beaches, coastal amenities, shopping, and dining. Homes with views like this are truly rare — don’t miss your chance to own a slice of coastal paradise!

D
Daniel Giometti
Listing Agent

Nearby schools

8/10
Moulton Elementary School
Public,•K-5•1.1mi
7/10
Niguel Hills Middle School
Public,•6-8•2.9mi
8/10
Dana Hills High School
Public,•9-12•2.7mi
Condition Rating
Fair
Built in 1969, the property is aged but appears well-maintained with fresh paint and functional systems (central AC, included appliances). However, the kitchen features dated white tile countertops and backsplash, an older white wall oven, and fluorescent lighting. Bathrooms also show dated vanities, fixtures, and tile surrounds. While move-in ready, these key areas require significant updates to meet current quality and style standards, aligning with the 'Fair' condition criteria of being aged but maintained, with major components functional but outdated.
Pros & Cons

Pros

Exceptional Panoramic Views: The property boasts rare and extensive panoramic mountain, whitewater, and ocean views from Saddleback Mountain to San Diego, visible from nearly every room, significantly enhancing its appeal and value.
Desirable End-Unit Location: As an end-unit home, it offers increased privacy, abundant natural light, and fewer shared walls compared to interior units.
Move-in Ready with Recent Cosmetic Updates: The interior has been freshly painted, and the home is presented as move-in ready, including central heat and air conditioning, and essential appliances (washer, dryer, refrigerator).
Excellent Community Amenities & Location: Located in the peaceful Monarch Summit 1, the community offers access to hiking/biking trails, two HOA pools, and is a short drive to beaches, coastal amenities, shopping, and dining.
Ample Parking and Storage: The property includes a detached two-car garage for storage and parking, complemented by additional on-site and street parking options.

Cons

Significant Overpricing: The current list price of $1.499M is 24% above the estimated property value, suggesting it may be overvalued in the current market, further indicated by the 'motivated seller' status and a prior price reduction.
Dated Interior and Systems: Built in 1969, and despite fresh paint, the property's description does not highlight major modern renovations (e.g., kitchen/bath remodels, updated windows, energy-efficient features) seen in comparable properties, implying potential for dated systems and future upgrade costs.
High HOA Fees: The monthly association fee of $597.70 is substantial, adding a significant recurring cost to homeownership that could impact affordability for potential buyers.
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