31262 Palma Dr · Apartment for Rent

Property Status: Active Under Contract 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. Office Phone: (949) 240-7979 Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.