31042 Carrara Rd, Laguna Niguel, California 92677, Laguna Niguel, - bed, bath
ACTIVE UNDER CONTRACT$1,575,000
31042 Carrara Rd, Laguna Niguel, California 92677
2Beds
2Baths
1,602Sqft
3,423Lot
Year Built
1973
Close
-
List price
$1.57M
Original List price
$1.59M
Price/Sqft
-
HOA
$420
Days on market
-
Sold On
-
MLS number
PTP2506809
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Experience Coastal Sophistication in Monarch Summit I Set high on a hill in the sought-after Monarch Summit I community, this single-level 2-bedroom, 2-bathroom gem captures views of mountains and city lights.
Nearby schools
8/10
Moulton Elementary School
Public,•K-5•1.1mi
7/10
Niguel Hills Middle School
Public,•6-8•3.1mi
8/10
Dana Hills High School
Public,•9-12•2.9mi
Price History
Date
Event
Price
10/04/25
Price Change
$1,575,000-1.3%
09/05/25
Listing
$1,595,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (218 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 12% |
| Baths | 2 | 3 | 25% |
| Square foot | 1,602 | 2,264 | 19% |
| Lot Size | 3,423 | 6,450 | 9% |
| Price | $1.57M | $1.73M | 37% |
| Price per square foot | $983 | $796 | 83% |
| Built year | 1973 | 1987 | 17% |
| HOA | $420 | 20% | |
| Days on market | 62 | 164 | 7% |
Condition Rating
Fair
The property was built in 1973, making it over 50 years old. While the exterior appears well-maintained in the provided aerial images, suggesting regular upkeep, there are no interior photos to assess the condition, style, and features of the kitchen, bathrooms, flooring, or other critical interior components. The description mentions 'Coastal Sophistication,' which implies some level of aesthetic appeal, but without visual evidence of recent renovations, it's highly probable that the interior, particularly the kitchen and bathrooms, may be functional but show signs of being outdated in style and features, consistent with a home of this age that hasn't undergone a full recent renovation. Therefore, it requires minor updates or repairs to meet current standards.
Pros & Cons
Pros
Prime Coastal Location: Situated in the highly desirable Laguna Niguel, within the sought-after Monarch Summit I community, offering an excellent quality of life and strong property value retention.
Scenic Views: The property boasts captivating views of mountains and city lights, enhancing its aesthetic appeal and providing a serene living environment.
Single-Level Living: This single-level residence offers convenient and accessible living, a highly desirable feature for various buyer demographics.
Strong School District: Located within the reputable Capistrano Unified School District, with well-rated elementary, middle, and high schools nearby, appealing to families.
Demonstrated Market Interest: Currently 'Active Under Contract,' indicating strong buyer demand and market appeal for this specific property.
Cons
Property Age & Potential for Updates: Built in 1973, the property is over 50 years old, suggesting potential needs for significant updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards.
High Monthly HOA Fees: A monthly association fee of $420 is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.
Modest Lot Size: With a lot size of 3,423 sqft, the outdoor space is relatively small for a single-family residence at this price point, potentially limiting gardening or entertainment options.