32591 Mediterranean Drive, Dana Point, California 92629, Dana Point, - bed, bath

home-pic
ACTIVE$4,800,000
32591 Mediterranean Drive, Dana Point, California 92629
4Beds
3Baths
2,945Sqft
9,900Lot
Year Built
1973
Close
-
List price
$4.8M
Original List price
$5.29M
Price/Sqft
-
HOA
$640
Days on market
-
Sold On
-
MLS number
OC25175033
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Ocean, Panoramic
Patio
ViewCatalina,City Lights,Ocean,Panoramic

About this home

This classic single-story home is perfectly situated on a favorite single loaded street in just the right position to capture wonderful views of the Pacific Ocean, amazing Catalina sunsets and sparkling city lights sprinkled on the hills at night. Watch whale spouts, sailboats, tall ships, cruise ships, the moon's loom shinning across the water and winter storms moving in off the Pacific from "sit down" views across the entire back of the house and backyard. This is the first time on the market for this custom home built home on a mostly flat lot with nice street frontage. There is room for outdoor living in the back of the home with a patio and grassy lawn looking out over colorful flower beds to the ocean. A magical large colorful courtyard is a breathtaking welcome as one enters the front gates. This area can be enjoyed throughout the home through many leaded glass windows and sliding doors which open to this charming outdoor space. A well designed floor plan highlights a magnificent first impression upon entering a spacious great room with vaulted ceilings and an abundance of large windows capturing wonderful ocean views. The family room/kitchen and dining room also enjoy ocean views and patio access. There are 4 bedrooms and 3 bathrooms, with one of the bedrooms in a separate wing being used as an office with office built-ins in the closet area. The spacious ocean view primary suite with walk-in closet and private bath lies at the back of the other wing with the 2 additional spacious bedrooms and bathroom located down the hall which overlooks the courtyard. The garage is a generous 2.5 car size ready for toys and hobbies. This home is ready for move in and is also a perfect choice those who may want to create the home of their own favorite style, whether it be coastal farmhouse, rich Santa Barbara, traditional, transitional, mid-century modern, contemporary or design of your choice. Put your own design stamp here and enjoy the ultimate home of your dreams for years to come. Monarch Bay Terrace is a beautiful Monarch Beach ocean view community of primarily custom single story homes located just minutes from the beautiful Dana Point Harbor, vibrant downtown Dana Point, offering trendy restaurants and shops, and spectacular Doheny, Strands, Salt Creek, and Laguna Beach beaches. The Ritz Carlton, Waldorf Astoria and Montage world class hotels are just minutes away. Your new "Vacation Everyday" lifestyle awaits!

Nearby schools

9/10
John Malcom Elementary School
Public,K-51.2mi
5/10
Richard Henry Dana Elementary School
Public,K-51.9mi
8/10
Moulton Elementary School
Public,K-52.5mi
9/10
El Morro Elementary School
Public,K-56.7mi
6/10
Marco Forster Middle School
Public,6-82.7mi
7/10
Niguel Hills Middle School
Public,6-84.1mi
9/10
Thurston Middle School
Public,6-84.6mi
8/10
Dana Hills High School
Public,9-121.9mi
9/10
Laguna Beach High School
Public,9-124.6mi

Price History

Date
Event
Price
10/14/25
Price Change
$4,800,000-4.0%
09/14/25
Price Change
$4,999,999-5.6%
08/22/25
Listing
$5,295,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (111 Listings)
Beds44
50%
Baths33
50%
Square foot2,9452,411
69%
Lot Size9,9007,263
69%
Price$4.8M$2.54M
73%
Price per square foot$1,630$1,215.5
73%
Built year19739895990
34%
HOA$640
23%
Days on market76160
17%
Condition Rating
Fair

Built in 1973, this home appears well-maintained but shows signs of being largely original or having undergone renovations 15-30 years ago. The bathrooms, while clean and functional, feature older style vanities, countertops, and tile work. No clear kitchen images are provided, but the listing description suggests the property is a 'perfect choice for those who may want to create the home of their own favorite style,' indicating that significant updates would be desired to meet current luxury standards. The flooring is a mix of carpet and tile, which also appears to be from an older renovation cycle. While move-in ready, it requires minor updates and cosmetic modernization throughout to enhance its appeal and value.
Pros & Cons

Pros

Unparalleled Panoramic Views: The property boasts breathtaking 'sit down' views of the Pacific Ocean, Catalina Island, stunning sunsets, and sparkling city lights from multiple rooms and the backyard, offering a truly unique living experience.
Prime Coastal Location: Situated in the highly desirable Monarch Bay Terrace, the home is minutes from Dana Point Harbor, vibrant downtown Dana Point, world-class beaches (Doheny, Strands, Salt Creek, Laguna Beach), and luxury resorts like The Ritz Carlton and Waldorf Astoria.
Single-Story Custom Design: A classic, custom-built single-story home, offered for the first time on the market, featuring a well-designed floor plan with vaulted ceilings and ocean views from key living areas, including the great room, family room, kitchen, dining room, and primary suite.
Exceptional Outdoor Living Spaces: Features a private backyard with a patio, grassy lawn, and colorful flower beds overlooking the ocean, complemented by a large, magical front courtyard accessible from various rooms, providing versatile outdoor enjoyment.
Significant Customization Potential: The home offers a unique opportunity for buyers to personalize and update the interior to their preferred style (e.g., coastal farmhouse, Santa Barbara, contemporary), allowing them to create their ultimate dream home.

Cons

Original Construction Age: Built in 1973, the property's age suggests that while well-maintained, it may require substantial modernization and upgrades to meet contemporary luxury standards, which could be a significant investment for the new owner.
Recent Price Reductions: The property has undergone multiple price reductions from its original listing price of $5.295M to $4.8M, potentially indicating an initial overestimation of market value or a slower sales cycle.
High Monthly Association Fees: A monthly association fee of $640 adds a considerable recurring cost to ownership, which should be factored into the overall affordability and long-term financial planning for potential buyers.

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