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Key Details
Sold Price $1,900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $802
Subdivision Monarch Bay Terrace (Mbt)
MLS Listing ID OC20263195
Sold Date 07/02/21
Bedrooms 4
Full Baths 2
Half Baths 1
Condo Fees $30
Construction Status Fixer,Under Construction
HOA Fees $30/mo
HOA Y/N Yes
Year Built 1972
Lot Size 0.360 Acres
Property Description
Exclusive highly desirable Monarch Bay Terrace Ocean View limited, Great Opportunity to create what you want, a rooftop deck?
There are 2 story in the Tract but refer to city and association rules.
This property is in the process of remodeling, and due to covid, architects, contractor, and permit process stop and slow down, we will sell now or in 90/120 days or begin the conceptual major reconstruction/ build-out. / LOOK AT supplement to the listing of the thoughts of a concept.
There are NO permits or plans.
Property has had old tired landscaping removed and home internally demoed so you can save money on that; it is ready for you to get instant equity by purchasing home as-is and expanding square footage and make it totally your with your concept.
Kitchen and bathroom made ready for totally updating, so all components have been removed, get permits to remove walls to open the kitchen up to the living room?
Ceilings scraped- ready to open up walls to the dining room from the kitchen make it gorgeous.
Home has concrete roof typically 50 + years longevity should be expected /not the original roof!
Great location in exclusive, highly desirable Monarch Bay Terrace community
When this home is modernized upgraded as YOU want it, you get what YOU want without compromises.
Make 2 or 3 car garage with direct access from street level or next to the existing garage may even be better.
OPEN SUPPLEMENTS attached to listing conceptual add 650 sq feet from 3 garage w 80 sq ft? breezeway to home or freestanding
Make deck on the hillside? Very likely with 180-degree ocean Catalina views and coastline views.
With expanding this home 3000 to3200 sq feet, lots of equity, can potentially be achieved < city say it can be built out to 45 % of 15518 lot size =6975 build-out
Location
State CA
County Orange
Area Mb - Monarch Beach
Zoning res
Rooms
Main Level Bedrooms 4
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup
Interior
Interior Features Beamed Ceilings, Cathedral Ceiling(s), All Bedrooms Down
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup
Heating Forced Air
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Door-Multi, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Amenities Available Call for Rules
View Y/N Yes
View Coastline, Ocean
Roof Type Concrete
Porch Front Porch, Open, Patio
Parking Type Door-Multi, Garage
Attached Garage No
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard, Level, No Landscaping, Near Public Transit
Faces Southwest
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Contemporary, Custom, Ranch
Level or Stories One
New Construction No
Construction Status Fixer,Under Construction
Schools
School District Capistrano Unified
Others
HOA Name Monarch Bay
Senior Community No
Tax ID 67005110
Acceptable Financing Cash, 1031 Exchange, Owner May Carry, Submit
Listing Terms Cash, 1031 Exchange, Owner May Carry, Submit
Financing Cash to New Loan,Cash to Second Loan,Contract
Special Listing Condition Standard
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Bought with Conrad Conradsen • Conradsen, Bjarne, Broker
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