50 Vista Montemar, Laguna Niguel, California 92677, Laguna Niguel, 92677 - 6 bed, 7 bath

50 Vista Montemar, Laguna Niguel, California 92677 home-pic-0
ACTIVE$4,195,000
50 Vista Montemar, Laguna Niguel, California 92677
6Beds
7Baths
6,275Sqft
15,376Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Customization Potential & Investment: The property is a 'to-the-studs' remodel with over $700,000 already invested, offering a rare 'blank-slate' opportunity for a buyer to fully customize the interior design, with city-approved plans for expansion already in place.
Top Cons:
Incomplete Remodel & Additional Investment Required: Being a 'to-the-studs as-is remodel,' the property is not move-in ready and requires significant further financial investment and construction to complete, which narrows the buyer pool.

Compared to the nearby listings

Price:$4.20M vs avg $1.71M (+$2,485,000)95%
Size:6,275 sqft vs avg 2,202 sqft98%
Price/sqft:$669 vs avg $78916%

More Insights

Built in 1997 (28 years old).
Condition: The property is explicitly described as a 'to-the-studs as-is remodel' in a 'blank-slate condition,' which is confirmed by the interior images showing exposed studs, unfinished walls, and subflooring. There are no functional kitchens or bathrooms, and the property is not habitable. It requires substantial further construction and investment to be completed and made livable, fitting the criteria for a 'Poor' condition.
Year Built
1997
Close
-
List price
$4.2M
Original List price
$5.29M
Price/Sqft
$669
HOA
$234
Days on market
-
Sold On
-
MLS number
LG25065925
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s), Neighborhood, Ocean, Peek-A-Boo
Pool
Spa
Patio
ViewCity Lights,Canyon,Hills,Mountain(s),Neighborhood,Ocean,Peek-A-Boo

About this home

This exceptional property in the prestigious Palmilla community, currently a to-the-studs as-is remodel with over $700,000 in materials and labor already completed, is a rare opportunity on a sprawling lot. While the city-approved plans for a reimagining of the interior design by Susan Thiel Design, exterior, and expansion of the previous footprint by approximately 351 square feet offer significant potential, those with a differing vision can take advantage of the blank-slate condition of the property and enjoy the breathtaking views of the hills and ocean while brining their vision to life. The floor plan encompasses a double-height great room, five bedrooms and a den inside the main residence, and a detached casita with a private entry. The gathering areas and the primary retreat boast commanding vistas and the spacious backyard with a wraparound patio features a large pool and spa, offering a multitude of entertaining options. A six car garage with additional driveway parking will thrill any automotive enthusiast. While featuring privacy, the location of this estate is within minutes of coveted local destinations, such as the Waldorf Astoria and Orange County’s famous beaches.

Nearby schools

8/10
Moulton Elementary School
Public,K-50.2mi
7/10
Niguel Hills Middle School
Public,6-82.5mi
8/10
Dana Hills High School
Public,9-123.8mi
Condition Rating
Poor

The property is explicitly described as a 'to-the-studs as-is remodel' in a 'blank-slate condition,' which is confirmed by the interior images showing exposed studs, unfinished walls, and subflooring. There are no functional kitchens or bathrooms, and the property is not habitable. It requires substantial further construction and investment to be completed and made livable, fitting the criteria for a 'Poor' condition.
Pros & Cons

Pros

Customization Potential & Investment: The property is a 'to-the-studs' remodel with over $700,000 already invested, offering a rare 'blank-slate' opportunity for a buyer to fully customize the interior design, with city-approved plans for expansion already in place.
Panoramic Views & Prestigious Location: Located in the prestigious Palmilla community, the estate boasts breathtaking views of the hills, ocean, and city lights, and is minutes from coveted destinations like the Waldorf Astoria and Orange County's famous beaches.
Extensive Outdoor Amenities: The spacious backyard features a large pool and spa with a wraparound patio, providing exceptional options for entertaining and relaxation.
Generous Space & Flexible Layout: With 6,275 sqft, 6 beds, 7 baths, a double-height great room, a den, and a detached casita with private entry, the property offers ample living space and versatile arrangements.
Exceptional Parking Capacity: An impressive six-car garage, complemented by additional driveway parking, caters perfectly to automotive enthusiasts or large families.

Cons

Incomplete Remodel & Additional Investment Required: Being a 'to-the-studs as-is remodel,' the property is not move-in ready and requires significant further financial investment and construction to complete, which narrows the buyer pool.
History of Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $5.295M to $4.195M, potentially indicating market resistance or an initial overvaluation given its current state.
Project Management & Time Commitment: The 'blank-slate' condition means the buyer must undertake a major construction project, demanding considerable time, effort, and the complexities of managing contractors and design completion.

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