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31396 Flying Cloud Dr1 / 38 · Click to zoom

About this home

Located in the Pacific Island Village II community, this single-level home sits atop Pacific Island Hill overlooking Monarch Beach and the surrounding coastline. This 3-bedroom, 2-bathroom residence offers comfortable coastal living in a uniquely private setting. Positioned within the community to feel secluded from neighboring homes, the property enjoys a peaceful atmosphere while remaining close to all the area's conveniences. From the dining room and backyard, views of Dana Point, city lights, surrounding hills, and a sliver of the Pacific Ocean create a picturesque backdrop, with sunrises that bring a different display of colors each morning. Perched at the top of the hill, the home benefits from cooling ocean breezes that often keep temperatures noticeably more comfortable than in other parts of the city. The functional floor plan includes open-beamed ceilings, while the remodeled kitchen adds modern convenience and style, complemented by a new dishwasher and water heater. The electrical panel has been upgraded offering added value and peace of mind. Established fruit trees are incorporated into the landscaping and produce an abundance of seasonal fruit. A detached two-car garage is located just steps from the front door, and the home enjoys close proximity to the community pool and clubhouse. Nearby coastal ridge hiking trails provide convenient access to outdoor recreation, while the location offers a quiet setting just minutes from shopping, dining, beaches, parks, golf, and coastal destinations. Residents enjoy access to a clubhouse, pool, spa, beautifully maintained community grounds, and HOA coverage that includes fire insurance. Offering single-level living, privacy, scenic views, and a desirable coastal location, this residence combines everyday comfort with the natural beauty of South Orange County.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$191,500 · Sep 1997
📋 Assessed value$305,764
💵 Annual tax$3,034
🏫 School districtCapistrano Unified School District

MLS #26119941MR

🔥 Risk & insurability

🔥 Fire hazard zoneVery High
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$9,366
Principal & interest$7,560
Property tax$1,370
Home insurance$436
Down payment: $299,000Loan: $1,196,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.