Monarch Summit II Senior Community
JoJo on Aug 17th 2008
There are numerous senior citizen residential ownership communities in south Orange County that offer a wide variety of styles, floor plan options and prices. There is only one such retirement housing community in Laguna Niguel, called Monarch Summit II. One of the desirable attributes is the community of Monarch Summit II is only 1 mile from the Pacific Ocean and sits on top of one of the highest hills in Laguna Niguel. Therefore about half of the homes offer some type of distant or panoramic view, and some of the homes offer majestic Ocean Views along will temperate Ocean breezes.
Monarch Summit II is located at at the top of Pacific Island Dr., and was developed in the early and mid 1970’s by builder Lan Ron. This community encompasses of about 180 attached single family homes, and incorporates 3 distinct floor plans as follows:
- Plan A - 3 bedrooms, 2 baths, 1,670 square feet
- Plan B - 3 bedrooms, 2 baths, 1,650 square feet
- Plan C - 2 bedrooms, 2 baths, 1,400 square feet
All of the above floor plans are single story and come with a fireplace, and 2 car garage. Over the years, many of these homes have had some major renovations and many fine upgrades added to the homes. Monarch Summit II requires that at least one occupant is 55+ years of age or older. By the way, the community of Monarch Summit I was built around the same time by the same builder, but this community is not 55+ restricted.
The Home Owners Association (HOA) for Monarch Summit II is well managed and includes; Club House and Recreational Facility, swimming pool, spa. The monthly dues are reasonable at around the low $200 per month level at the time of this writing (subject to change), and include: Property Insurance, Earthquake Insurance, Landscape Maintenance, Pool and Spa maintenance, Trash service, exterior stucco maintenance.
If you are 55+ and are planning on downsizing and purchasing in the future, make sure you take advantage of transferring your existing tax base by using Prop 60 or 90 if they apply to you.
(Source: OCRealEstateBlog.com)
