1 MONARCH, Dana Point, CA 92629

$6,500,000
List Price
$6,500,000
Status
Active
MLS#
17279480
Year Built
2017
Lot Size
21,510
Days on Market
68
Property Type
Single Family Residential
Style
See Remarks

Property Description

This is a Foreclosure sale. Appraisal values the property over $19 million done last year. Clients are just trying to recoup their loan investment. This last remaining trophy property ready for development in the coveted Ritz Cove community of Monarch Beach. This is the definition of a trophy property with breathtaking elevated views of the ocean and golf course. This extra large lot can be developed with a house over 29,000 square feet including the garage. Easy to develop with expedited approval through the City of Dana Point. Build and resell for near $40 million.

Additional Information

HOA
100
Association Amenities
Other, Dues Paid Monthly
Pool
Yes
Pool Description
See Remarks
Fireplace Description
See Remarks
Heat
See Remarks
Cooling
Yes
Cooling Description
See Remarks
View
Bluff

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Robert Crawford from Keller Williams-Santa Monica

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.