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32471 Adriatic Drive, Dana Point, California 92629, Dana Point, 92629 - 4 bed, 5 bath

32471 Adriatic Drive, Dana Point, California 92629 home-pic-0
ACTIVE$7,375,000
32471 Adriatic Drive, Dana Point, California 92629
4Beds
5Baths
3,161Sqft
9,622Lot

Price Vs. Estimate

The estimated value ($5,775,240.61) is $1,599,759.39 (21%) lower than the list price ($7,375,000). 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:
Significant Overpricing: The current list price of $7.375M is substantially above the estimated market value and recent comparable sales, potentially limiting buyer interest and extending market time.

Compared to the nearby listings

Price:$7.38M vs avg $2.60M (+$4,775,000)84%
Size:3,161 sqft vs avg 2,359 sqft72%
Price/sqft:$2.3K vs avg $1.3K91%

More Insights

Built in 1966 (59 years old).
Condition: Despite being built in 1966, this property has undergone an extensive, high-quality renovation, bringing it to a state of modern luxury. The kitchen features high-end Viking appliances, quality cabinetry, and granite countertops, all in excellent condition. The numerous bathrooms are consistently updated with modern vanities, sleek fixtures, and contemporary tiling. Throughout the home, hardwood and modern tile flooring are pristine, and light fixtures are a mix of contemporary and elegant designs. The overall condition reflects minimal physical depreciation and no deferred maintenance, aligning with a property extensively renovated within the last 5-10 years to meet current high-quality standards.
Year Built
1966
Close
-
List price
$7.38M
Original List price
$7.38M
Price/Sqft
$2,333
HOA
$504
Days on market
-
Sold On
-
MLS number
SB24212036
Home ConditionExcellent
Features
Excellent View: Ocean, Panoramic
Patio
ViewOcean, Panoramic

About this home

A Captivating Coastal Retreat in Monarch Bay Terrace located at 32471 Adriatic Dr. in the serene enclave of Monarch Bay Terrace, Dana Point, this stunning residence is a true masterpiece of coastal living. Perfectly positioned to offer panoramic views of the Pacific Ocean, this home is not just a place to live—it's a sanctuary where the beauty of the natural world seamlessly blends with modern luxury. As you enter from Adriatic Drive, you’re welcomed by a private courtyard that sets the tone for what’s to come. A sparkling saltwater pool and spa create a serene oasis, inviting you to unwind before you even step through the front door. Once inside, prepare to be mesmerized by breathtaking, uninterrupted ocean views that stretch from wall to wall, making every room feel like a front-row seat to the Pacific’s ever-changing canvas. This comfortably spacious home offers 4 bedrooms and 4.5 bathrooms, all thoughtfully designed to maximize comfort and style. Situated on a generous 9,583 square-foot lot, the property provides ample space for both indoor and outdoor living, making it ideal for those seeking a primary or secondary residence in South Orange County. The combination of its tranquil location, luxurious amenities, and awe-inspiring views make it a rare gem in the heart of Monarch Bay Terrace, Dana Point.

Nearby schools

9/10
John Malcom Elementary School
Public,•K-5•1.3mi
5/10
Richard Henry Dana Elementary School
Public,•K-5•2.0mi
8/10
Moulton Elementary School
Public,•K-5•2.5mi
9/10
El Morro Elementary School
Public,•K-5•6.6mi
6/10
Marco Forster Middle School
Public,•6-8•2.8mi
7/10
Niguel Hills Middle School
Public,•6-8•4.1mi
9/10
Thurston Middle School
Public,•6-8•4.5mi
8/10
Dana Hills High School
Public,•9-12•2.0mi
9/10
Laguna Beach High School
Public,•9-12•4.5mi
Condition Rating
Excellent
Despite being built in 1966, this property has undergone an extensive, high-quality renovation, bringing it to a state of modern luxury. The kitchen features high-end Viking appliances, quality cabinetry, and granite countertops, all in excellent condition. The numerous bathrooms are consistently updated with modern vanities, sleek fixtures, and contemporary tiling. Throughout the home, hardwood and modern tile flooring are pristine, and light fixtures are a mix of contemporary and elegant designs. The overall condition reflects minimal physical depreciation and no deferred maintenance, aligning with a property extensively renovated within the last 5-10 years to meet current high-quality standards.
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).
Panoramic Ocean Views: The property boasts breathtaking, uninterrupted panoramic views of the Pacific Ocean from nearly every room, significantly enhancing its appeal and value.
Prime Coastal Location: Situated in the highly desirable and serene Monarch Bay Terrace enclave of Dana Point, offering an exclusive and tranquil coastal living experience.
Private Pool & Spa: Features a sparkling saltwater pool and spa within a private courtyard, providing a luxurious and serene outdoor oasis.
Generous Lot Size: Sits on a substantial 9,583 square-foot lot, offering ample space for expansive indoor-outdoor living and potential for further landscaping or development.
Spacious & Functional Layout: Offers a comfortably spacious layout with 4 bedrooms and 4.5 bathrooms, catering to both primary and secondary residence needs.

Cons

Significant Overpricing: The current list price of $7.375M is substantially above the estimated market value and recent comparable sales, potentially limiting buyer interest and extending market time.
Property Age: Built in 1966, the home may require significant updates or renovations to meet contemporary luxury standards expected at this price point, despite mentions of 'modern luxury' in the description.
High Monthly Association Fee: A monthly association fee of $504.00 adds a notable recurring cost to homeownership, which could be a factor for budget-conscious buyers.

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