House Sold on 6/27/2016

$8,300,000

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331 Monarch Bay Drive

  • 5 beds
  • 5 baths
  • 5,000 sqft
  • 7,378 sqft lot
  • $1,660 per sqft
  • 2005 build
  • on site

The living is easy in this immaculate oceanfront residence with sweeping ocean and island views. Spanning 5,000 square feet, the open floor plan seamlessly connects all of the main living spaces and includes a spacious family room with custom fireplace and built-ins, dining area, and chef’s kitchen complete with professional grade stainless steel appliances, oversized center island with prep sink, and breakfast bar. A grand master suite features a fireplace, oversized bathroom with luxurious soaking tub and vanity, and disappearing glass doors leading to a private, landscaped back patio complete with oversized in-ground spa and plenty of room for outdoor dining and sunbathing. Further amenities at the home include a media room, elevator, travertine tile, electric solar shades, and heated floors. Located in the private, guard-gated community of Monarch Bay, this custom home is enveloped in light and comfort and embodies resort-style coastal living at every turn. Important note: This property is fee-simple, and not leased land. Purchase of this property includes free and clear ownership of the land lot on which it sits.

CRMLS_CA logo Listing courtesy of CRMLS_CA / Tim Smith / Coldwell Banker Res. Brokerage

Last checked: Checking… • Last updated Apr 4, 2021 •

MLS# NP16018787 —

Amenities & Taxes

The Building

Year Built:
2005
Year Built Source:
Seller
Patio:
1
Patio And Porch Features:
Enclosed, Patio
Common Walls:
No Common Walls
Stories Total:
2

Interior

Features:
Balcony, Bathtub, Built-Ins, Ceiling Fan, Granite Counters, Kitchen Island, Kitchen Open to Family Room, Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Shower, Unfurnished
Levels:
Two
Eating Area:
Breakfast Counter / Bar, Separated
Flooring:
Stone/Travertine
Room Type:
Atrium, Entry, Family Room, Great Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Retreat, Master Suite, Walk-In Closet
Living Area Source:
Assessor's Data
Fireplace:
Yes
Fireplace:
Living Room, Master Bedroom
Laundry:
Area, Individual Room
Laundry:
1

Room Dimensions

Living Area:
5000

Financial & Terms

Disclosures:
Homeowners Association, CC And R's

The Property

Sub Type:
Single Family Residence
Lot Features:
Close to Clubhouse
Lease Considered:
Yes
Lot Size Area:
7378.00
Lot Size Acres:
0.16
Lot Size Square Feet:
7378.00
View:
1
View:
Catalina, Coastline, Ocean, Panoramic, Water, White Water
Lot Size Source:
Assessor's Data
Security Features:
24 Hour Security, Gated Community, Gated with Guard
Land Lease:
No

Listing Agent

Contact info:

Taxes

Tax Tract:
4472
Tax Lot:
4

Beds

Total Bedrooms:
5

Baths

Bathrooms Total:
5
Bathrooms,Full & 3/4:
3
Full Bathrooms:
3
Half Bathrooms:
2

The Listing

Buyer's Brokerage Compensation:
2.500%
Special Listing Conditions:
Standard
Parcel Number:
67015137

Heating & Cooling

Heating:
1
Heating:
Forced Air, Fireplace
Cooling:
Yes
Cooling:
Dual

Utilities

Sewer:
Sewer Connected
Water Source:
District/Public

The Community

Subdivision:
Monarch Bay (MB)
Senior Community:
No
Features:
Curbs, Storm Drains
Pool:
None
Private Pool:
No
Spa:
1
Waterfront Features:
Lot has Beach Access, Lot on Beach Front, Lot has Ocean Access, Lot on Ocean Front, Lot on Ocean Side Of Highway 1
Association:
Yes
Spa Features:
In Ground, Private
Association Fee:
$2,310
Association Fee 2:
638
Association Fee Frequency:
Annually
Association Fee 2 Frequency:
Annually
Assessments:
Yes
Assessments:
Unknown
Units in the Community:
Yes

Parking

Parking:
Yes
Parking:
Assigned, Driveway, Garage
Parking Spaces:
4.00
Attached Garage:
Yes
Garage Spaces
2.00
Carport Spaces:
2.00

Schools

Rating Details
8

Dana Hills High School

  • Public
  • 9-12
  • 1.5 mi
8

Moulton Elementary School

  • Public
  • K-5
  • 3.1 mi
7

Niguel Hills Middle School

  • Public
  • 6-8
  • 4.6 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

No flood information available

We were unable to find flood risk information for this property. When new information is available, we’ll share it here.

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WalkScore®

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Soundscore™

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Loud Moderate Quiet

Air Pollution Index

Provided by ClearlyEnergy

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Max Internet Speed

Cox Communications

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Utility Costs

$253/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date Event Source Price % Change
6/27/16
Sold CRMLS_CA $8,300,000 -7.7%
5/24/16
Accepting Backup Offers CRMLS_CA $8,995,000
5/20/16
Listed / Active CRMLS_CA $8,995,000

Finding records…

No additional history available

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