2538 Monaco Dr, Laguna Beach, CA 92651
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2538 Monaco Dr Laguna Beach, CA 92651

$21,995,000
  • 5 Beds
  • 5 Baths
  • 4,250 Sq.Ft.
For Sale
$21,995,000 Get Pre-Qualified

Map preview of 2538 Monaco Dr, Laguna Beach, CA 92651

Property Overview: 2538 Monaco Dr Laguna Beach, CA has 5 bedrooms, 5 bathrooms, 4,250 living square feet and 11,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 2538 Monaco Drive, a remarkable property nestled in one of Southern California's most coveted private beachfront communities. This exquisite ocean retreat embodies the epitome of coastal cool living. Recently enhanced and expanded while honoring its original architectural integrity, this 5-bedroom, 5-bathroom residence spans approximately 4250 sq. ft. Flooded with natural light, it seamlessly connects indoor and outdoor spaces, allowing you to immerse yourself in the awe-inspiring surroundings. Every detail has been meticulously considered, from the impeccable surfaces and stonework to the masterfully executed millwork, captivating even the most discerning connoisseur. Whether you're relaxing inside or exploring the residence, you'll be treated to breathtaking ocean views that stretch as far as the eye can see, providing an ever-changing living artwork. Irvine Cove, the exclusive oceanfront community in which this property is located, offers unmatched convenience, with easy access to John Wayne Airport, world-class shopping at South Coast Plaza and Fashion Island, renowned performing arts venues, museums, and a plethora of dining options, all within a short 15 to 20-minute drive. Additionally, you'll have the privilege of enjoying the community's private beach, just a leisurely stroll away from your doorstep. Opportunities to acquire homes in this esteemed neighborhood are few and far between, and to truly comprehend the value and exceptional lifestyle this residence affords, it must be experienced firsthand. Welcome to a realm of coastal luxury and unparalleled beauty at 2538 Monaco Drive.

Listed by Andy Stavros | BRE #01408840 | DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Last checked: 15 minutes ago | Last updated: March 20th, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
11,000
HOA Dues
$667/mo
Year built
1961
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
LG24022489
City
Laguna Beach
County
Orange
Time on Site
56 days

Open Houses for 2538 Monaco Dr

No upcoming open houses

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Property Details for 2538 Monaco Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Family Room, Primary Retreat, Outside, Patio
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Wood
  • Family Room, Game Room, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Water Heater
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • High Ceilings, Open Floorplan, Pantry
  • Levels: One
  • Window Features: Bay Window(s), Blinds
  • Door Features: Atrium Doors
Exterior Features
Exterior Information
  • Roof: Metal
  • Has Fence
  • Privacy
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05331611
  • Year Built Source: Public Records
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Irvine Cove
  • Association Fee: $667 (Monthly)
  • Association Amenities: Clubhouse, Recreation Room
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Laguna Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Irvine Cove (IC)
  • Directions: Irvine Cove to Monaco Dr
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 2538 Monaco Dr

Last sold for $20,150,000 on May 6th, 2022
  • January, 2024

  • Jan 31, 2024

    Date

    Active

    CRMLS: LG24022489

    $21,995,000

    Price

  • January, 2024

  • Jan 10, 2024

    Date

    Canceled

    CRMLS: LG23125789

    $22,995,000

    Price

  • Jul 17, 2023

    Date

    Active

    CRMLS: LG23125789

    $22,995,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2022

  • May 6, 2022

    Date

    Sold

    CRMLS: NP22002683

    $20,150,000

    Price

  • Jan 14, 2022

    Date

    Active

    CRMLS: NP22002683

    $26,000,000

    Price

  • Listing provided courtesy of CRMLS

    Located within one of southern California’s most sought-after private beach front 24-hour guard gated communities, this soft contemporary jewel box of an ocean retreat represents coastal cool living at its finest. Having just undergone a seamless upgrade and expansion staying true to the integrity of the existing property’s architectural que’s, this approximately 4250 sq. ft. 5-bedroom 5-bathroom residence is flooded with light and artfully marries the interior spaces with the breathtaking exterior surroundings. Adorned with exquisite surfaces and stonework, complemented by masterfully executed millwork no detail has been overlooked to even the most discerning beholder. Ocean views out to the endless horizon and year-round sunsets is the living art backdrop to this property and can be enjoyed from virtually any vantage point in the residence. Being set within Laguna Beach’s, Irvine Cove, this private oceanfront community set at the most accessible northern tip of the city providing access to endless amenities such as John Wayne Airport, world class shopping at South Coast Plaza and Fashion Island, performing arts, museums and endless dining no more than 15 to 20 minutes away. All of this set around the communities private beach just a short jaunt from the residence. Rarely do opportunities arise to acquire properties within this neighborhood and this particular residence must be experienced to truly understand its value and the lifestyle it provides to its residents.

  • July, 2019

  • Jul 3, 2019

    Date

    Sold

    CRMLS: NP19104603

    $13,000,000

    Price

  • Jul 3, 2019

    Date

    Pending

    CRMLS: NP19104603

    $14,800,000

    Price

  • Jun 28, 2019

    Date

    Active

    CRMLS: NP19104603

    $14,800,000

    Price

  • Jun 21, 2019

    Date

    Active Under Contract

    CRMLS: NP19104603

    $14,800,000

    Price

  • May 7, 2019

    Date

    Active

    CRMLS: NP19104603

    $14,800,000

    Price

  • Listing provided courtesy of CRMLS

    Occupying a premium parcel on the ocean side of Pacific Coast Highway and in close proximity to Southern California's most pristine, private beach, this exquisite, contemporary residence defines coastal living at its finest. Rebuilt in 2016, this impeccably designed residence by renown architect, Chris Light, is executed to perfection, with disappearing walls of glass and a dramatic interplay between the interior and exterior. Captivating ocean, Catalina Island and sunset views, a sleek, modern kitchen with Calacatta Borghini marble, lacquered cabinets, Lindsey Adelman custom lighting, oak flooring, and a great room with grand marble fireplace. Luxurious master suite with two secondary bedrooms, plus a detached, one-bedroom en suite guest house. Audio, video, lighting, security, remote doors and windows, skylights, and window covering controlled by a Savant home automation system. Live and entertain without compromise in a private beach setting, with 24/7 guard-gated and patrolled security, and association tennis courts.

  • July, 2019

  • Jul 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $12,400,000

    Price

  • September, 2017

  • Sep 12, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2538 Monaco Dr

Assessed Value (2020): $12,400,000
Year Land Value Improved Value Assessed Value
2020 $11,391,061 $1,008,939 $12,400,000

Home Value Compared to the Market

This property vs the competition

2538 Monaco Dr is listed 411.52% higher than the median list price for the city of Laguna Beach which has a median list price of $4,299,950. The median price per/sqft for Laguna Beach is $1,806 and this home is listed at $5175.29 per/sqft which puts the price per square foot 186.56% higher than the median price per square foot for the city of Laguna Beach.

About 2538 Monaco Dr

Detailed summary of property

2538 Monaco Dr is a single family home located in Laguna Beach, CA 92651 and is currently for sale. This house offers 5 bedrooms, 5 bathrooms, roughly 4,250 living square feet, and sits on an approximately 11,000 square foot lot. 2538 Monaco Dr was first listed on ArdentRealEstateGroup.com on January 31, 2024. The homeowner is currently asking $21,995,000. The median priced home in Laguna Beach is $4,299,950 with a median price per square foot of $1,806. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is listed 411.52% higher than the median priced home. Local competing homes currently for sale include 76 Hillcrest Ln, 34 Boulder View and 25 Watercress. This home does have a Homeowners Association and the monthly fee is $667 per month. While the average home in Laguna Beach, CA is selling in 100 days, 2538 Monaco Dr has a days on market of 44 days. There are currently 160 homes for sale in the Laguna Beach real estate market and 144 of them are single family homes while 15 of them are condos and 1 are townhomes. For more information on this home for sale at 2538 Monaco Dr Laguna Beach, CA 92651 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Beach agents.

Public Facts for 2538 Monaco Dr

Public county record property details
Beds
3
Baths
3
Year built
2013
Sq. Ft.
2,812
Lot Size
11,000
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
053-316-11

The source for these homes facts are from public records.

92651 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,299,950
Median List Price/Sq.Ft.
$1,806
Median Sold Price
$3,095,000
Median Sold Price/Sq.Ft.
$1,538
Total Inventory
160
Median Sale to List Price %
100%
Avg Days on Market
100
Loan Type
Conventional (15%), FHA (0%), VA (0%), Cash (45%), Other (40%)

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Related Resources to 2538 Monaco Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.