
Dana Point, California 92629
This Distinguished Coastal Residence is a Strong Value Opportunity, listed at $5,295,000, which aligns with its $5,295,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers a modernized open-concept floor plan and a 12,000-square-foot corner lot with sweeping ocean views. Located within the Capistrano Unified School District near top-rated schools, this property provides a rare blend of privacy and coastal luxury. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting exclusive Dana Point real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32201 Sea Island Subject 5 bd · 3 ba · 2,840 sqft · $1,759 | $4,995,000* List Price | 5 | 3 | 2,840 | $1,759 | - |
A 32687 Caspian Sea Drive Sold 3 bd · 3 ba · 2,749 sqft · $1,764 · 0.5 mi | $4,850,000 | 3 | 3 | 2,749 | $1,764 | 0.5 mi |
B 32641 Adriatic Drive Sold 3 bd · 2 ba · 2,404 sqft · $1,581 · 0.4 mi | $3,800,000 | 3 | 2 | 2,404 | $1,581 | 0.4 mi |
C 32702 Seven Seas Drive Active 6 bd · 6 ba · 3,789 sqft · $1,702 · 0.4 mi | $6,450,000 List Price | 6 | 6 | 3,789 | $1,702 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 1974 but has been well-maintained with a kitchen renovation (granite countertops and detailed cabinetry) estimated to be 5-15 years old. Recent updates include the removal of interior walls to create an open floor plan and fresh interior finishes, making it fully functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12000, living area = 2840.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property commands rare, unobstructed views of the Dana Point Headlands, Ritz-Carlton, and Catalina Island, offering a premier visual experience that significantly enhances its market value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2840, other record living area = 2675.
The property was recently sold within the past year on 2026-03-12. The sold price is $4,975,000.00.
With 89 days on market and three consecutive price reductions from the original $5.59M listing, the property is currently facing downward pricing pressure and market resistance.
Set upon an extraordinary 12,000-square-foot corner parcel within the prestigious Monarch Bay Terrace enclave, this distinguished single-level coastal residence commands sweeping, unobstructed panoramas spanning the Dana Point Headlands, the iconic Ritz-Carlton, and the glistening whitewater shores of Salt Creek Beach, extending gracefully to Catalina Island beyond. Comprising five bedrooms and three bathrooms, the residence showcases a thoughtfully reimagined floor plan, enhanced by the recent removal of interior walls to create an expansive, light-infused living environment. Designed to celebrate both the breathtaking ocean vistas and seamless indoor-outdoor living, the interiors are further elevated by fresh, refined finishes that provide an elegant canvas for your personal vision. Outdoors, a gracious wraparound patio and elevated view deck set the stage for sophisticated year-round entertaining, offering a front-row seat to mesmerizing sunsets, passing yachts, and the ever-evolving beauty of the Pacific coastline. The expansive corner setting affords exceptional privacy, generous usable grounds, and the rare potential to further enhance an already remarkable estate. Ideally situated between the highly anticipated revitalization of Dana Point Harbor and the world-renowned beaches, fine dining, and boutique shopping of Laguna Beach, Monarch Bay Terrace stands as one of South Orange County’s most coveted coastal communities. Whether enjoyed in its current refined form or transformed into a bespoke coastal masterpiece, this offering presents a rare opportunity to secure an exceptional view property within one of Dana Point’s most exclusive enclaves.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,840 | 2,329.291 |
| Lot Size | 12,000 | 6,405.089 |
| Price | $5.00M | $2.60M |
| Price per sq ft | $1.8K | $1.2K |
| Built year | 1974 | 1978 |
| HOA | $520.0 | $370 |
| Days on market | 119 | 58 |
Oct 17, 2026
$4,995,000
$5,195,000
-4% Price Drop
Initial Listing
Oct 8, 2026
$5,195,000
$5,295,000
-2% Price Drop
Initial Listing
Aug 27, 2026
$5,295,000
$5,395,000
-2% Price Drop
Initial Listing
Aug 7, 2026
$5,395,000
$5,495,000
-2% Price Drop
Initial Listing
Jul 18, 2026
$5,495,000
$5,590,000
-2% Price Drop
Initial Listing
Jun 28, 2026
$5,590,000
Initial Listing
Mar 12, 2026
$4,975,000
Public Record
Aug 15, 2013
$2,050,000
Public Record
Apr 24, 1997
$645,000
Public Record