Dana Point
32572 Balearic
$10,500,000
4 BD · 5 BA · 4,485 SQFT
Listed by Connie McKibban, Berkshire Hathaway HomeService California Properties
Current Listings
Homes for Sale in Monarch Bay Terrace
The 4 highest-priced homes on the market now, updated from CRMLS throughout the day.
Dana Point
23012 Bering Sea Drive
$8,495,000
4 BD · 6 BA · 3,329 SQFT
Listed by John Stanaland, The Agency
Dana Point
32702 Seven Seas Drive
$6,450,000
6 BD · 6 BA · 3,789 SQFT
Listed by Nura Motal, Douglas Elliman of California
Listings provided by CRMLS. “Listed by” identifies the listing agent and brokerage; Kyle Shutts and Arbor Real Estate are the advertising broker unless otherwise noted. Information is deemed reliable but not guaranteed and should be independently verified. Inquiries are answered by Kyle Shutts, Arbor Real Estate.
At a Glance
Monarch Bay Terrace Facts
- Location
- Dana Point, California
- Typical lots
- 12,000 to 18,000 sq ft
- School district
- Capistrano Unified
- Typical sold price
- $3.83 million to $7.63 million
- Typical home size
- 3,032 sq ft
- Typical lot size
- 12,821 sq ft
- Homes built
- 1960s to 2010s
- HOA dues
- Most homes, median $53/month
- Homes sold, last 12 months
- 17
Home figures from CRMLS sales and listings as of .
Market Trends
Monarch Bay Terrace Market Report
Homes sold in Monarch Bay Terrace over the last 12 months, from CRMLS closed sales as of . Updated daily.
17
Homes Sold, 12 Months
$4,995,000
Median Sold Price
$1,662
Median Price per Sq Ft
85
Avg. Days on Market
95.5%
Sale-to-List Price
−7.3%
Median Price vs Prior Year
View as a table
| Quarter | Sales | Median sold price | Median price per sq ft |
|---|---|---|---|
| Q4 2025 | 7 | $4,550,000 | $1,662 |
| Q1 2026 | 6 | $5,475,000 | $1,758 |
| Q2 2026 | 5 | $4,221,500 | $1,683 |
| Q3 2026 | 2 | – | – |
Shown by quarter because monthly sales here are too few to chart reliably. A gap or dash means fewer than 3 sales in that quarter.
By Price
What Your Money Buys in Monarch Bay Terrace
Recent sales split into thirds by price, over the last 12 months.
$3.63 million to $4.22 million
Typically 4 bedrooms, about 2,504 sq ft, on lots around 10,477 sq ft, most often a single-family home. Based on 6 sales.
$4.4 million to $5.6 million
Typically 4 bedrooms, about 3,019 sq ft, on lots around 11,100 sq ft, most often a single-family home. Based on 6 sales.
$6.3 million to $12.4 million
Typically 4 bedrooms, about 3,714 sq ft, on lots around 17,459 sq ft, most often a single-family home. Based on 5 sales.
Recently Sold
Recent Sales in Monarch Bay Terrace
| Address | Sold price | Listing credit | Beds / Baths | Sq ft | Sold |
|---|---|---|---|---|---|
| 23182 Mindanao | $3,626,000 | Listed by Elicia Hartanov, Berkshire Hathaway HomeService | 4 / 4 | 2,500 | Oct 9, 2026 |
| 32571 Sea Island Dr. | $7,500,000 | Listed by Michael Hamalak, Strand Real Estate | 3 / 4 | 3,210 | Aug 7, 2026 |
| 32221 Azores Drive | $5,290,000 | Listed by Yan Wang, Pacific Sterling Realty | 5 / 7 | 5,650 | Jul 10, 2026 |
| 32661 Caribbean Drive | $7,425,000 | Listed by Jaleh Lehrich, Berkshire Hathaway HomeService | 3 / 4 | 3,273 | May 27, 2026 |
| 32641 ADRIATIC Drive | $3,800,000 | Listed by Ken Dembowski, RE/MAX Select One | 3 / 2 | 2,404 | May 15, 2026 |
| 32432 Seven Seas Drive | $3,850,000 | Listed by Suzi Dailey, Realty ONE Group West | 2 / 2 | 2,077 | Apr 29, 2026 |
| 32532 Sea Island Drive | $6,300,000 | Listed by Tony Maniaci, Engel & Volkers Dana Point | 5 / 6 | 5,288 | Apr 29, 2026 |
| 32631 Adriatic Drive | $4,221,500 | Listed by Tony Maniaci, The Agency | 4 / 3 | 2,508 | Apr 21, 2026 |
Sold listings provided by CRMLS. “Listed by” identifies the listing agent and listing brokerage. Kyle Shutts and Arbor Real Estate are the advertising broker unless otherwise noted. Information is deemed reliable but not guaranteed.
About Monarch Bay Terrace
Monarch Bay Terrace is a hillside neighborhood in the Monarch Beach area of Dana Point, a short walk from Salt Creek Beach. It is known for single-level homes with ocean, coastline and Catalina views.
Housing Stock
Homes run roughly 2,100 to 4,500 square feet on lots of about 12,000 to 18,000 square feet, and many have been remodeled. The homeowners association keeps dues low and bills them yearly.
Lifestyle & Amenities
Salt Creek Beach, the Monarch Beach resorts and the shops at Monarch Bay Plaza are close by, and Laguna Beach and Dana Point Harbor are a short drive.
Neighborhoods & Enclaves
View Homes
Homes with whitewater and Catalina views.
Single-Level Homes
One-story homes, the neighborhood's signature.
Remodeled Homes
Homes updated or expanded.
What Sets the Market Apart
- Views drive most of the price difference.
- Single-level homes on large lots are rare this close to the beach.
- Low annual dues set it apart from the gated communities nearby.
Where It Is
Map of Monarch Bay Terrace
For sale Sold in the last 12 months
Streets in Monarch Bay Terrace
Streets with a home sold or listed here in the last two years.
- Adriatic Drive
- Azores
- Azores Drive
- Azores Road
- Balearic
- Balearic Road
- Bering Sea Drive
- Caribbean Drive
- Crete Road
- Ellice Circle
- Java Sea Drive
- Mediterranean Drive
- Mindanao
- Mindanao Cir
- Mindanao Circle
- Sea Island Dr.
- Sea Island Drive
- Seven Seas Drive
Questions
Monarch Bay Terrace FAQ
What is the median home price in Monarch Bay Terrace?
Over the last 12 months, the median sold price for homes in Monarch Bay Terrace was $4,995,000, across 17 sales, or about $1,662 per square foot. Figures are from CRMLS as of 2026-11-12.
How long do homes take to sell in Monarch Bay Terrace?
Homes that sold in Monarch Bay Terrace over the last 12 months spent an average of 85 days on the market. The median home sold for 95.5% of its final list price.
Do homes in Monarch Bay Terrace have HOA dues?
About 90% of homes sold or listed in Monarch Bay Terrace recently report HOA dues, with a median of $53 per month. Confirm the current amount and what it covers before you buy.
What streets are in Monarch Bay Terrace?
Streets with recent sales or listings in Monarch Bay Terrace include Adriatic Drive, Azores, Azores Drive, Azores Road, Balearic, Balearic Road, Bering Sea Drive, Caribbean Drive, Crete Road, and Ellice Circle, among others.
Meet Kyle
Kyle Shutts
Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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