One of the most magnificent beachfront properties in Dana Point, California, which is located in the prestigious Monarch Bay coastal neighborhood, has recently established a new record. This lavish home was sold for $34 million, making it the most expensive residential property sale in the area. It eclipsed the previous record, which had been set in 2022 and stood at $33 million.
Feature
Details
Total Area
Approximately 7,700 square feet
Bedrooms
4 spacious bedrooms
Bathrooms
4 luxury bathrooms
Living/Dining/Entertainment
Ultra-modern interconnected living and dining spaces
Furnishings
Interior design and furniture valued at around $2 million
Architecture
High-end architectural design, likely multi-level layout optimized for ocean views
Location & External Features:
Location: Monarch Bay, Dana Point, California — a gated oceanfront community
Special Amenities:
Private Beach Club: Exclusive access for residents — a rare feature in Southern California
Ocean Views: Panoramic views of the Pacific Ocean
Garden/Yard: Though exact size is not disclosed, expected to have a well-manicured private garden or lawn area
Beachfront Access: Direct access to private sandy beaches, a major selling point
Garage & Parking: Typically includes a 2-4 car private garage in homes of this scale
Price Analysis – Cost Per Square Foot:
Sale Price: $34,000,000
Total Area: 7,700 sq ft
Price per sq ft: $34,000,000 ÷ 7,700 = $4,415.58 per square foot
This price per square foot competes with other high-end Southern California areas like Malibu and Newport Beach.
Market Significance:
Previous Record: $33 million (2022) — this sale exceeds it by $1 million
Market Value Comparison: Typical market value for Monarch Bay properties ranges between $27 million and $30 million, but this particular property sold at a premium price — approximately $4 million to $7 million above estimated market value.
Reasons for Premium: Private Beach Club access, ultra-premium furnishings, modern architectural design, and most importantly, rare oceanfront access.
Conclusion:
Not only is this sale a significant achievement for Monarch Bay, but it is also a landmark for the whole Dana Point real estate market. Homes on the oceanfront that have private access to the beach are exceptionally uncommon in the state of California. When these homes are paired with contemporary architecture, record-level amenities, and spectacular panoramic views, the prices are sure to take off.
The transaction, which was valued at $34 million, establishes a new standard for the amount of money that high-net-worth buyers are ready to pay for luxury and exclusivity. It also marks the beginning of a new era in the real estate market of California’s coastal region.
