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Gordon Crawford Sells Monarch Bay Oceanfront Estate In Dana Point For $34 Million
SOLD
California
See Similar DealsSingle Family7,717 SF
Sold 05/27/2025
SOLD
Gordon Crawford Sells Monarch Bay Oceanfront Estate In Dana Point For $34 Million
63 Monarch Bay Drive
See Similar DealsSingle Family7,717 SF
Sold 05/27/2025
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$4,405
Total Square Footage:7,717 SF
Transaction Type:Sale
A single family property located at 63 Monarch Bay Drive in Dana Point has been sold for $34,000,000. The estate encompasses 7,717 square feet and occupies 0.39 acres, with a price per square foot of $4,406.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $34,000,000
- Address: 63 Monarch Bay Drive
- Market: Dana Point
- Square Footage: 7,717
- Sale Price per Square Foot: $4,406
- Seller: Gordon Crawford
- Buyer's Representative: Phillip Caruso & Michael Caruso - Christie's International Real Estate
- Seller's Representative: Todd Davis & Samantha Nugent - Compass
The transaction marks a record sale in the local market. The buyer is associated with a trust linked to the widow of Mark Wetterau, the former CEO of Golden State Foods. Additionally, the buyer purchased $2,000,000 worth of select furniture and art as part of the deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,813,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$120,794.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$161,177.35
Annual Debt Service$1,934,128.15
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