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Property Description
Enjoy panoramic, 180-degree mountain, ocean, and city light views from this coastal chic, single-story home in the beach-close community of Monarch Summit 1. Located on a tranquil hilltop cul-de-sac, this exceptional home offers ocean and coastline views from every angle. Enter through a private, gated courtyard reminiscent of Paris, featuring slate tiles, two fountains, Venetian plaster accents, custom lighting, and an alfresco dining area with a gas BBQ hookup. The home has been tastefully remodeled throughout. The chef's kitchen boasts professional-quality stainless steel appliances, granite counters, a zinc island, a wine bar, mahogany cabinets with hand-blown glass doors, custom lighting, and hardwood flooring. The great room offers a vaulted ceiling, exquisite custom lighting, a stunning gas-burning fireplace, and Travertine floors with custom inset carpet. An expanded living area includes an office nook and a lounge area with breathtaking ocean views. The ocean-view master suite features hardwood flooring with custom inset carpet and a built-in rosewood wardrobe. The spa-inspired master bath includes a large steam shower with tumbled stone and tile, multiple shower heads, a separate jetted spa tub with a hand shower, a motorized skylight, a custom wood vanity with a marble counter, and a tumbled stone floor. The guest bath features a large tile shower with stainless fixtures and a Jerusalem stone floor and counter. The guest bedroom opens to a garden sitting area and includes a vaulted ceiling, Beech wood wardrobe doors, and flooring. The direct access garage features built-in storage cabinets. There is no better place to live than the quiet and well-maintained community of Monarch Summit 1. Neighborhood amenities include two large clubhouses, each with a full kitchen, pool, and spa areas. Close to the best beaches, world-class hotels, restaurants, golf courses, walking trails, and more.
Full Property Details
Full Property Details for 31262 Palma Dr
General
- Rent: $4,700
- Status: Closed
- Type: Condo
- Source: MRMLS
- MLS ID: OC26034009
- Added to Site: 46 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Rooms/Areas: Primary Bedroom, Primary Bathroom, Den, Bonus Room, Primary Suite, Main Floor Primary Bedroom, Main Floor Bedroom, Office, Dressing Area, Living Room, Family Room, Formal Entry, Entry, All Bedrooms Down, Kitchen, Retreat
- Fireplace: Yes
- Fireplace(s): Gas, Living Room
- Eating Areas: Breakfast Counter/Bar, Family Kitchen, Dining Room, In Kitchen, Separated, In Family Room, Area, Breakfast Nook
- Appliances: Gas Water Heater, Gas Oven, Gas Cooktop, Water Line to Refrigerator, Icemaker, Range Hood, Built-In Range, Refrigerator, Gas Range, Disposal, 6 Burner Stove, Dishwasher, Microwave, Water Heater
- Furnishings: Unfurnished
- Flooring: Stone, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Shared Amenities: Pool, Clubhouse
- Pool Description: Association
- Spa Description: Association
Exterior
- Deck/Patio: Front Porch, Tile, Porch, Enclosed
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Garage (Direct Access), Garage (Single Door), Garage Faces Front, Built-In Storage, Driveway
Location
- County: Orange
- Subdivision: Monarch Summit I (MS1)
- Driving Directions: Pacific Island Drive to top of hill, turn on Starview to end. Left on Flying Cloud, left on Miramonte, left on Palma Dr. Cross Streets: Flying Cloud and Miramonte
School Information
- School District: Capistrano Unified
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Central
Utilities
- Sewer: Sewer Assessments, Sewer on Bond, Sewer Paid
- Water: Public
Structural Information
- Architectural Style: Traditional
- Builder: Lan Ron
- Construction: Frame, Stucco, Glass
- Foundation: Slab
- Roof: Tile
- Common Walls: 2 Common Walls (or More)
- Doors: Sliding Doors
- Entry Floor Number: 1
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,600
- Sq. Ft. Source: Estimated
- Year Built: 1973
- Property Condition: Turnkey, Updated/Remodeled
Lot Features
- Property View: Coastline, Ocean, Bluff, Mountain(s), Trees/Woods, City Lights, Park/Greenbelt, Neighborhood, Courtyard, Hills, Water, Valley, Panoramic
- Lot Size (Acres): 0.0612
- Lot Size (Sq. Ft.): 2,665
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Lot Description: Drip Sprinkler System, Park Nearby, Lawn, Landscaped, Sprinkler System, Close to Clubhouse, Sprinklers in Front
- Fencing (Description): Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $2.94
- Security Deposit: $4,700
- Key Deposit: $150
- Pet Deposit: $500
- Terms: 12 Months
Listed by First Team Real Estate, Tommy Lowery and First Team Real Estate, Lisa Lowery
Sold by First Team Real Estate, Holly McKhann
Schools
Schools serving 31262 Palma Dr
School District:Capistrano Unified School District
| Name | Grades | Distance |
|---|---|---|
Moulton Elementary School 29851 Highlands Ave., Laguna Niguel, CA 92677 | K-5 | 1.4 mi |
Niguel Hills Middle School 29070 Shark Bay, Laguna Niguel, CA 92677 | 6-8 | 3.3 mi |
Dana Hills High School 33333 Golden Lantern, Dana Point, CA 92629 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 31262 Palma Dr
Date
Details
Price
Change
Source
3/15/2026
Sold
$4,700
—
MLS
2/14/2026
Listed
$4,700
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
31262 Palma Drive, Laguna Niguel, CA 92677 (MLS# OC26034009) is a Condo property that was sold at $4,700 on March 15, 2026. Want to learn more about 31262 Palma Drive? Do you have questions about finding other real estate for sale or rent in Laguna Niguel? You can browse all Laguna Niguel rentals or contact a Coldwell Banker agent to request more information.

