Tagged : Monarch Bay Dana Point

This was a great year for the luxury real estate market in Dana Point as two of the top three highest sales this year took place in the ocean front community of Monarch Bay.  It seems like every year the highest sales tend to be in the newer Strand at Headlands community which offers some amazing homes including the third highest sale this year.  However, the Monarch Bay community has really gone through a wonderful transformation that first started when the homes switch from being located on leased land to where you own your own land.  Since then we have seen a higher interest in this community and even the front gated entrance is seeing a major face lift as well.  

63 Monarch Bay Drive, Dana Point comes in as the highest sale at $33 million dollars

What makes a good investment property generally comes down to how much income the property will generate plus how much appreciation can you expect from the home.  These are the two factors every real estate investor looks at when looking to invest in a property.  Some prefer to have a property that will appreciate in a much faster pace which results in more equity as the property is worth more at a later date.  Others prefer to have a higher net income coming into the property on a monthly basis to cover any mortgage payments, taxes and insurance.  There are several properties in Dana Point which are currently being advertised as good investment homes.

One of advertised properties is located in the Marinita gated community.  The 3 bedroom townhome has

Ono of the most popular places in Dana Point are the homes located near Strands Beach.  The location is just north of the Dana Headlands with several neighborhoods within close proximity to this beach.  Often times, many tourists looking for rental properties in the area gravitate to this area due to the large number of rentals that are on the market at any given time.  These will range from long term 12 month rentals to short term vacation rentals that are leased out by the month.  The views are arguably some of the best in the Dana Point area depending on where the home or condo is located.  There are several neighborhoods to consider when looking to live near Strands Beach.

The first, and most popular place to find a rental in this area is the

The situation dealing with the Monarch Bay Land Lease is starting to get very serious as an estimated 100 plus owners have not paid for the land that is currently being leased.  We have reported before that the Monarch Bay owners have the opportunity to purchase the land for 65% of the appraised value which is a pretty good deal considering the location of Monarch Bay which is a prime oceanfront community with direct access to the beach in Dana Point. We have received many questions regarding this including what happens to owners who don't pay for the land before the expiration date.  After doing some research we found some information on the Keystone, formerly Progressive Community Managment website that has a 12 page information booklet answers many

Having a home with a dedicated wine cellar is truly a luxury item that is often reserve for very large homes that have the extra space to dedicate to the proper climate control storage of wine.  This is not always the case with smaller homes as their are some wine enthusiasts who have dedicated enough space for a wine cellar. Here is our guide on where to find these homes.

The large majority of these can be found in the new community of "The Strand at Headlands."  These are grand newer construction homes that often feature 7,000 to 10,000 square foot homes that are steps away from the sandy beach and Pacific Ocean.  One of the most common features in the Strand homes is having a dedicated wine cellar room.  The below photo was taken from a home in the

Dana Point is a small beach town with many homes offering various price points.  For those seeking an oceanfront home or a new construction home on the beach then there are several neighborhoods that offer luxury properties listed for over $10 million dollars.  Here is a quick guide to help you determine the right neighborhood for you.

The first luxury community is commonly known as "The Strand."  This is one of the newest neighborhoods in Dana Point that offers parcels of land directly on the beach or several streets up from the beach with stunning ocean views.  This was advertised as one of the last oceanfront communities in Southern California which is located in front of Strands Beach and south of the Ritz Carlton Hotel.  The neighborhood first

Monarch Bay is one of the more exclusive gated neighborhoods in Dana Point and is one of the most expensive ocean front communities.  Only a small select homes will be located on the bluff front which resides next to the "Three Arch Bay" community to the north and the Ritz Carlton neighborhood called "Ritz Cove" to the south.  These are often understated homes that are single level and located on large over-sized lots.  Many of the bluff front properties have coastline and white water views looking towards the San Clemente area.  

The Monarch Bay community has had an interesting period in the last 5 years with the owners being able to purchase the land from underneath their homes.  We discussed this issue in a previous article which talked about the

Over the last several weeks there have been a lot of homes coming on the market in the Monarch Bay community in Dana Point, California.  This is good news for those considering buying in this ocean front gated community as real estate inventory has been really low for the past 12 months and the new early buyout opportunity is creating a surge in buyer activity.  48 owners have already purchased the land and now own both the home and the lot the home sits on. One reason for the rise in the listing inventory for this community is the Land Lease situation that will be occurring in the year 2020.  For years and to this day the community has been under a land lease controlled by the Moulton Family Trust. In 1988, the Moulton agreed that in 2020 when the lease