Gordon Crawford’s Dana Point Mansion Breaks Own Record

Retired Capital Group investment manager Gordon Crawford has sold his oceanfront mansion in Dana Point for a record-breaking $34 million.

Crawford and his wife originally bought the 0.4-acre property at 63 Monarch Bay Drive in 2022 for $33 million. The new deal for the property breaks the Dana Point sale price record set by the same house when the Crawfords bought it three years ago, according to The Wall Street Journal.

The buyer’s identity is unknown, though Christie’s International Real Estate Southern California agent Phillip Caruso told the Journal that his client was attracted to the size of the 7,700-square-foot manse and the amenities offered by the Monarch Bay gated community like a private beach club. The buyer spent $2 million to take some furniture, art and other home items off the Crawfords’ hands, according to listing agent Samantha Nugent of Compass.

The Crawfords have been looking to offload the four-bedroom, six-bathroom abode for nearly a year. The couple originally listed the home for $46 million in 2023 and relisted it the following August for $39 million after buying a different home nearby. They later dropped the price to $36.5 million.

It was a new home when the Crawfords bought it, but they still put in some renovations during their time there. The primary bathroom got a makeover and the wine cellar was converted into an office. The property boasts 84 feet of ocean frontage visible from nearly every room thanks to floor-to-ceiling oceanside windows and comes complete with a small pool in an interior courtyard.

The Crawfords’ sale might have broken 63 Monarch Bay’s own record, but it’s hardly the only home in the Dana Point region to fetch a price in the $30 million ballpark recently.

Last month, a villa in the neighboring Strand at Headlands community sold for $28 million, according to the Orange County Business Journal. That mansion has five bedrooms and nine bathrooms across nearly 11,000 square feet.

— Chris Malone Méndez