
Dana Point, California 92629
This Architectural Mid-Century Modern Masterpiece is a High-Potential Investment Opportunity, listed at $11,500,000—positioned well below the $13,531,925 Fair Market Value by 15%. This valuation gap offers $2,031,925 in Instant Equity. Boasting an Excellent Condition Rating following a 2018 down-to-the-studs rebuild, the home features panoramic ocean views, professional Wolf/Subzero appliances, and Fleetwood glass systems. Situated near Top-Rated Schools including John Malcom Elementary (9/10), it balances iconic design with significant financial upside. This is an elite acquisition for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32551 Azores Road Subject | $11,500,000* List Price | 4 | 5 | 3,562 | $3,799 | - |
A 117 Monarch Bay Sold | $13,925,000 | 4 | 5 | 3,500 | $3,979 | 0.5 mi |
B 92 Monarch Bay Active | $13,950,000 List Price | 5 | 6 | 3,358 | $4,154 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive down-to-the-studs rebuild completed in 2018, featuring ultra-premium materials and modern systems. The kitchen is equipped with professional-grade Wolf and Subzero appliances, while the interior boasts Terrazzo and Rift Cut White Oak flooring, Walnut paneling, and Fleetwood windows. With high-end Cantara home automation and designer Heath tile in the bathrooms, the home meets the highest standards of modern luxury and condition with no signs of wear.
Elementary School: John Malcom Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Originally designed by Harold B. Zook and completely rebuilt to the studs in 2018, this home seamlessly blends iconic Eichler-style mid-century aesthetics with ultra-high-end modern finishes, including Terrazzo floors, Walnut paneling, and Fleetwood glass systems.
The property offers rare and stunning whitewater ocean views, capturing waves crashing below the Ritz Carlton and The Dana Strand, with Catalina Island and sunset vistas visible from nearly every room in the house.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12546, other record lot size in square feet = 11004. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3562, other record living area = 3374.
The current list price of $11.5M represents a significant $4.5M increase over its 2021 sale price of $7M, which may lead to appraisal challenges or buyer hesitation regarding the rapid market premium.
The conversion of the 5th bedroom into an outdoor California Room reduces the total number of private indoor sleeping quarters, potentially limiting its appeal to larger families who prioritize a higher bedroom count over additional alfresco living space.
This architectural gem was custom designed by Harold B. Zook, in the 1960s and draws inspiration from the Eichler-style movement of the central open-air atrium exemplifying the timeless “indoor/outdoor” concept. Large windows and doors of glass, voluminous rooms, and striking open spaces showcase spectacular panoramic ocean views, including beach and whitewater waves crashing below the Ritz Carlton & The Dana Strand. Home was taken down to the studs and completely rebuilt over a 3 year period when it was upgraded to current code and maximum efficiency. Finishing the project in 2018, the owners stayed true to the original design but used all new materials and high end technology. A lot line adjustment with the house next door was approved and increased the lot size to 12,546. The 5th bedroom was opened to the outdoors to create a California Room. Walls were removed in the kitchen/dining areas to create a double kitchen island and bar seating for 8. Twin wine coolers, beer fridge, and extra fridge and ice makers are found at the cocktail/bar area. Wolf Range, Subzero Fridge and coffee bar at main kitchen area. Terrazzo floors, Walnut paneling and "Rift Cut" White Oak floors and cabinetry, Cantara home automation and Fleetwood windows and doors. All outdoor decking that completely surrounds the home is IPE (also known as Ironwood). Spectacular landscape design by Mike Sullivan. The home is ideally situated on a quiet and premium location in MBT and retains design elements of a bygone era. A highly desirable single-level residence that is fresh and inviting from the moment you enter as the rooms/spaces seamlessly flow from one to another. The 4 bedroom, 5 bath residence features 3 en suite bedrooms plus 2 powder baths featuring gorgeous Heath tile, including the master suite with an ocean-facing deck to enjoy Catalina Island and magnificent year-round sunsets. This is one of the larger homes offered in the community and captures ocean views from nearly every single room.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 81% |
| Square foot | 3,562 | 2,432 | 76% |
| Lot Size | 12,546 | 7,800 | 85% |
| Price | $11.50M | $3.17M | 88% |
| Price per sq ft | $3.2K | $1.3K | 96% |
| Built year | 1966 | 1980 | 13% |
| HOA | $50.0 | $275 | 32% |
| Days on market | 30 | 154 | 4% |
Mar 23, 2026
$11,500,000
Initial Listing
Aug 6, 2021
$7,000,000
Public Record
Sep 23, 2014
$2,135,000
Public Record