4991 S Monarch, Ontario, California 91762, Ontario, 91762 - 4 bed, 3 bath
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Ontario, California 91762
This Modern Detached Condominium is a Strong Value Opportunity, listed at $740,000—positioned well below the $807,017 Fair Market Value by 8%. This valuation gap offers $67,017 in Instant Equity. Boasting an Excellent Condition Rating, the 2018-built home features Luxury Vinyl Plank Flooring, a Downstairs Guest Suite, and an Alumawood Patio. Located in the Park Place community near Eleanor Roosevelt High (9/10) and Dr. Augustine Ramirez Intermediate (8/10), it balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4991 S Monarch Subject | $740,000* List Price | 4 | 3 | 2,299 | $351 | - |
A 4511 S Patterson Paseo Sold | $711,990 | 4 | 3 | 1,820 | $391 | 0.9 mi |
B 2601 E Lincoln Paseo Sold | $628,990 | 4 | 4 | 1,727 | $364 | 0.9 mi |
C 2587 E Lincoln Paseo Sold | $635,990 | 4 | 4 | 1,809 | $352 | 0.9 mi |
D 2567 E Lincoln Paseo Sold | $639,990 | 4 | 4 | 1,809 | $354 | 0.9 mi |
E 2601 E Hyde Paseo Sold | $717,489 | 4 | 3 | 1,820 | $394 | 0.9 mi |
F 2612 E Forest Paseo Sold | $703,990 | 4 | 3 | 1,820 | $387 | 0.9 mi |
G 3126 E Painted Crescent St Active | $654,999 List Price | 3 | 3 | 1,828 | $358 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this home is well within the 10-year threshold for an excellent rating. It features modern finishes including luxury vinyl plank flooring, 9-foot ceilings, and a contemporary kitchen with stainless steel appliances and a large island. The bathrooms are updated with current styles like dual sinks and separate soaking tubs, and the overall property shows no signs of deferred maintenance, appearing virtually new.
High School: Eleanor Roosevelt High School (9/10).
Built in 2018, this home features a highly desirable downstairs bedroom and full bath, 9-foot ceilings, and luxury vinyl plank flooring, catering perfectly to multi-generational living and modern lifestyles.
The Park Place community offers premium amenities including a clubhouse, pool, and fitness center, while the home's position with no direct rear neighbors provides rare privacy for a newer development.
Classified as a condominium rather than a detached single-family home, which may impact certain financing options and requires a mandatory $224 monthly HOA fee.
With a lot size of approximately 999 square feet, the private outdoor space is very limited, which may be a drawback for buyers seeking a traditional large backyard.
Beautiful 4-bedroom, 3-full-bath detached condo in the highly desirable Park Place community. This well-designed home features luxury vinyl plank flooring, 9-foot ceilings, and multiple living spaces. Downstairs you’ll find a formal dining area and spacious family room. The modern kitchen includes stainless steel appliances and a kitchen island with bar seating, perfect for everyday living and entertaining. A convenient downstairs guest bedroom and full bathroom are ideal for visitors. Upstairs you’ll find the primary suite with a walk-in closet, dual sinks, and a separate tub and shower, along with two additional bedrooms, a full bathroom, a spacious loft, and a laundry room (washer and dryer included). Enjoy outdoor living under the Alumawood patio cover, with no direct rear neighbors providing added privacy. The HOA maintains front landscaping and offers access to a clubhouse, pool, fitness center, tennis and basketball courts, dog park, and more. Conveniently located near parks, schools, shopping, and restaurants.
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 | 79% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,299 | 1,387 | 99% |
| Lot Size | 999 | - | 64% |
| Price | $740.0K | $559.4K | 99% |
| Price per sq ft | $322 | $393 | 3% |
| Built year | 2018 | 2025 | 37% |
| HOA | $224.0 | $292 | 43% |
| Days on market | 37 | 209 | 1% |
Mar 16, 2026
$740,000
Initial Listing
Sep 12, 2018
$484,000
Public Record