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$12.4M Dana Point house sets sale record for landward side of PCH

March 31, 2026

A view of the great room and kitchen. (Photo by Brandon Beechler)

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A view of the great room and kitchen. (Photo by Brandon Beechler)

A new Monarch Bay Terrace home recently set a record for the non-ocean side of Pacific Coast Highway in Dana Point, closing for $12.4 million in just 31 days.

The March 23 deal signals that luxury demand has crossed the highway from Monarch Bay, where Gordy Crawford’s oceanfront mansion fetched an all-time city high of $34 million.

“This sale is absolutely a tide that will lift all ships and has set a new benchmark for the area and neighborhood,” said John Stanaland of The Agency, who represented both sides of the deal alongside Logan Montgomery.

Contemporary Coastal Design

Developed by Casa Arte Group, the 5,188-square-foot “Saltaire House” features five bedrooms and six bathrooms. Modern amenities include a 234-bottle glass wine display and a 15-kilowatt solar array with battery storage.

A stone fireplace anchors the great room, where pocketing Fleetwood doors frame ocean views and lead to a fire pit with built-in banquette seating. Stanaland noted the neighborhood’s unique geography drives this value.

“I believe Monarch Bay Terrace is experiencing a surge in popularity (and values) in a similar way to how Cameo Shores did,” he said. “The larger lots, the unobstructed views — while most buyers are familiar with the gated enclaves in the area, this one has been a hidden gem — but not any more. This neighborhood is also uniquely positioned and its ‘terraced’ topography allows for panoramic views without sacrificing privacy.”

Inside, high ceilings and smooth stucco, white oak and red cedar define the architectural character.

The kitchen features European-style cabinetry, quartzite surfaces and a Miele appliance suite, supported by a butler’s pantry and prep kitchen.

The primary suite features a spa bathroom with travertine slab walls, radiant heated floors and a soaking tub.

Secondary bedroom suites each open to private garden spaces.

Wellness amenities include a gym, spa bath and four-person sauna that overlooks an interior sunken courtyard pool and spa.

A six-car garage with electric vehicle charging completes the property.

A Selective Market

The Agency listed the home Jan. 16 for $12.995 million. It went under contract Feb. 16 and closed a month later at 5% less than the asking price.

Stanaland attributed the rapid 31-day turnaround to the property’s move-in-ready condition.

“Dana Point has certainly seen an uptick in popularity as reflected by the rising values throughout the city,” he said. “That said, this property is newly constructed and absolutely dialed in for today’s lifestyle which added to its appeal. Buyers are paying a premium for truly turnkey homes while properties in this price range that require any updating do not move as quickly.”

This speed contrasts with broader Dana Point trends. According to Redfin, the average home spent 99 days on the market this February, up from the 39-day average that same time last year. The slowdown reflects a selective market where buyers rush for move-in ready homes, leaving dated properties on the sidelines.

While citywide median sales prices rose 16.5% to $2 million across all housing types, the single-family sector grew three times faster, climbing 49.5% to exceed $3.5 million. This appreciation coincides with the city’s $600 million makeover, which is transforming the beach town into a high-end destination.

While many view the harbor project as the primary catalyst, Stanaland sees a broader shift.

“The revitalization absolutely has an effect on the general popularity of the area, but I think Dana Point is finally getting its well-deserved moment in the spotlight,” he said. “It offers fantastic value for larger lots, homes, and more privacy than some of the other parts of Coastal Orange County. Again, every buyer is different and their non-negotiables drive which city or neighborhood they will gravitate towards.”

$12.4M Dana Point house sets sale record for landward side of PCH Orange County Register

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$12.4M Dana Point house sets sale record for landward side of PCH

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