Retired media and entertainment investor Gordy Crawford recently sold his oceanfront estate in guard-gated Monarch Bay for $34 million.
The deal set a new record as the most expensive home ever sold in Dana Point, surpassing the $33 million that he and his wife, Dona, paid for the same property in March 2022.
Built in 2019 and updated, this two-story, 7,717-square-foot house features a modern facade with a front gate that opens into an entry courtyard with a pool, spa and barbecue area. Floor-to-ceiling pocket doors bring the outdoors into the warm minimalist-style living space and frame expansive coastal views.
From the privacy of this bulkhead lot with 84 feet of ocean frontage, “you can see whales going by and porpoise playing in the waves,” co-listing agent Todd Davis of Compass told the Southern California News Group in 2024. “It’s right next to Salt Creek, and there are always surfers, so it gives a lot of visual stimulation.”
Those views are visible from most areas in the four-bedroom, six-bathroom house and its multiple outdoor spaces, including a large ocean-facing terrace with see-through railings just off the great room and kitchen.
A floating staircase and elevator descend to the lower-level, which features a family room with a wet bar of black Zimbabwean stone and an office with a bookcase wall of walnut and Austin stone inlay.
Also downstairs is the primary suite. Its spa-inspired bathroom features a center tub, separate shower and a large walk-in closet. The bedroom offers direct access to the rear ocean-facing yard, also reachable by an outdoor staircase alongside the home.
Another backyard staircase leads to a lower patio with built-in seating and a fire pit.
Other highlights include a three-car garage, solar power system and smart home technology.
The house was one of two properties the Crawfords bought simultaneously. They also bought a $20 million home for their son’s family, half a mile away.
When they had the chance to buy a home just two doors down from their son, the Crawfords listed this property for $46 million in October 2023. They later reduced the asking price to $42 million before taking it off the market in March 2024 for modifications. The house resurfaced in August 2024 with a new asking price of $39 million and was subsequently reduced again.
The house closed escrow Tuesday, May 27 for 7% less than the $36.5 million sought in February 2025.
Co-listing agent Samantha Nugent of Compass told the Wall Street Journal, which first reported the sale, that the buyer is “a local who wanted a gated community near the beach.”
The buyer, identified by county documents as the widow of Golden State Foods CEO Mark Wetterau, who died in May 2023 at 65, paid an additional $2 million for select furniture and art.
Phillip and Michael Caruso of Christie’s International Real Estate Southern California represented the buyer.
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