4961 S Monarch Place, Ontario, California 91762, Ontario, 91762 - 4 bed, 3 bath
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Ontario, California 91762
This Modern Turnkey Residence is a Prime Investment Opportunity, listed at $728,888—positioned well below the $744,576 Fair Market Value by 2%. This valuation gap offers $15,688 in Instant Equity for a property in Excellent Condition. Boasting a Gourmet Kitchen and a versatile multi-generational layout, the home is served by the top-rated Eleanor Roosevelt High School (9/10). Located in the amenity-rich Park Place community, it is a perfect fit for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4961 S Monarch Place Subject | $728,888* List Price | 4 | 3 | 2,299 | $324 | - |
A 3170 E Painted Crescent Sold | $730,000 | 4 | 3 | 2,299 | $318 | 0.1 mi |
B 3109 E Chip Smith Way Sold | $638,888 | 3 | 3 | 1,990 | $321 | 0.2 mi |
C 3137 E Chip Smith Sold | $660,000 | 3 | 3 | 1,758 | $375 | 0.1 mi |
D 4836 S Monarch Place Sold | $670,000 | 3 | 3 | 1,993 | $336 | 0.1 mi |
E 4847 Tangerine Sold | $775,000 | 4 | 3 | 2,396 | $323 | 0.3 mi |
F 3144 E Chip Smith Sold | $645,000 | 3 | 3 | 1,656 | $389 | 0.2 mi |
G 4711 S S Aurora Avenue Active | $835,990 List Price | 4 | 3 | 2,488 | $336 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The interior features a modern gourmet kitchen with quartz countertops, stainless steel appliances, and a designer tile backsplash. The home shows no signs of deferred maintenance, utilizing contemporary wood flooring, recessed lighting, and updated fixtures throughout, reflecting a move-in ready state with minimal physical depreciation.
High School: Eleanor Roosevelt High School (9/10).
The kitchen is a standout feature with timeless white cabinetry, quartz countertops, a vintage-inspired art deco backsplash, and an oversized island, perfect for high-end entertaining.
Located in the Park Place master-planned community, residents enjoy access to a 14,500 square foot recreation center, fitness center, movie theater, pool, spa, and various sport courts.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2299, living area = 2299.
With a lot size nearly identical to the interior square footage, the property offers minimal private yard space, which may not suit buyers looking for traditional outdoor areas.
The $224 monthly association fee adds a permanent overhead cost to the property, which may impact the overall affordability for some prospective buyers.
Welcome to 4961 Monarch Place, one of the most desirable homes in the Park Place master planned community in Ontario Ranch. This beautifully maintained residence offers 4 bedrooms and 3 bathrooms with approximately 2,299 square feet of bright and open living space. The spacious great room and dining area create an ideal setting for entertaining, while the gourmet kitchen features timeless white cabinetry, a vintage inspired art deco tile backsplash, quartz countertops, stainless steel appliances, and an oversized island. The first floor includes a convenient bedroom and full bathroom, perfect for guests or multi-generational living. Upstairs offers a dedicated laundry room, a spacious loft ideal for a home office or flex space, and a private primary suite with a walk-in closet and an en suite bathroom featuring a soaking tub, separate shower, and dual vanities. Additional highlights include recessed lighting, custom interior paint, and wood flooring throughout. Residents enjoy resort-style amenities including a 14,500 square foot recreation center with a fitness center, movie theater, and library, along with sport courts, dog park, pool, and spa. Conveniently located near freeways, schools, shopping, and dining.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 1.3 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,299 | 1,684 | 70% |
| Lot Size | 2,299 | 7,260 | 7% |
| Price | $728.9K | $725.0K | 53% |
| Price per sq ft | $317 | $417 | 16% |
| Built year | 2018 | 1973 | 71% |
| HOA | $224.0 | $0 | 93% |
| Days on market | 37 | 173 | 1% |
Mar 16, 2026
$728,888
Initial Listing
Mar 23, 2022
$695,000
Public Record
Sep 11, 2018
$455,500
Public Record