31131 Monterey St, Laguna Beach, CA 92651
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31131 Monterey St Laguna Beach, CA 92651

$8,450,000 Sold Price as of 06/05/2023
  • 4 Beds
  • 5 Baths
  • 3,848 Sq.Ft.
Sold
$8,450,000 Sold Price as of 06/05/2023 Refinance Your Mortgage

Map preview of 31131 Monterey St, Laguna Beach, CA 92651

Property Overview: 31131 Monterey St Laguna Beach, CA has 4 bedrooms, 5 bathrooms, 3,848 living square feet and 11,139 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Seemingly endless stunning panoramic white water ocean views permeate this landmark. Brand new construction modern home with an open concept set on a one-of-a-kind promontory double-lot spanning over 11,000 sq ft of land with beach access, white water ocean views that cover the entire 185’ width of the estate, no neighbors on either side of it make it feel as though it is in a world unto itself perfect for family or entertainer’s use. Rare masterpiece features dramatic ocean views through all 7 state-of-the-art multi-sliding door openings. Visionaries transformed this unique setting into a world-class compound over the course of 4 years of construction and several years of planning before that. Transcendent composition spreads the home out across the vast piece of land resulting in beautiful ocean views like views from every room in the house and all of the outdoor spaces. Outdoor-living spaces with remarkable ocean views off all of the main rooms & bedrooms exemplify California lifestyle. Approximately 439 sq ft of decks and 570 sq ft of covered outdoor spaces including in the highly coveted loggia feature remarkable ocean views and speakers. Dazzling ocean views welcome you home through the grand glass entry pivot door and surround all 4 sides of the estate. Enjoy lovely white water ocean views throughout the open concept master suite with a deck conveniently located on the main level. Every detail of the home has been handcrafted using the finest finishes including: Gourmand kitchen with modern European style cabinets & Wolf & Sub Zero appliances, Lutron & Control 4 home automation, 3 surround sound theater locations & many more audio zones, marble & limestone slabs, 3 contemporary linear fireplaces including an 8’ fireplace in the great room with an 85” tv above it and a 6’ fireplace with 75” tv above it in the loggia, white oak cabinets & doors, floating tub, modern square speakers and recessed lighting, 4 climate zones.

Listed by Tariq Obaid | BRE #01510935 | Obaid Realty
Last checked: 43 seconds ago | Last updated: June 7th, 2023 | Source CRMLS | DOM: 244

Home details

Lot Sq. Ft
11,139
HOA Dues
$0/mo
Year built
2022
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG22194768
City
Laguna Beach
County
Orange
Time on Site
644 days

Virtual Tour

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Property Details for 31131 Monterey St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room, Master Bedroom, Master Retreat, Outside, Patio, Gas, Great Room, Zero Clearance
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Dressing Area, Entry, Family Room, Formal Entry, Great Room, Home Theatre, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Retreat, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas & Electric Range, Indoor Grill, Ice Maker, Microwave, Range Hood, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Heater
  • Built-in Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Stone Counters
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 2
Interior Features
  • Balcony, Built-in Features, Home Automation System, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Phone System, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • Door Features: Insulated Doors, Sliding Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting, Rain Gutters
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Deck, Enclosed, Lanai, Patio, Patio Open, Slab, Stone, Terrace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access, Paved, Garage, Garage Faces Front, Garage - Single Door, Garage - Two Door, Garage Door Opener, Private
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Garden, Greenbelt, Landscaped, Lawn, Lot 10000-19999 Sqft, Park Nearby, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Coastline, Landmark, Ocean, Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05604173
  • Year Built Source: Public Records
  • Architectural Style: Contemporary, Custom Built, Modern
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier, Slab
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits, Adaptable For Elevator
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Middle/Junior High School: Thurston
  • Middle/Junior High School: THURST
  • High School: Laguna Beach
  • High School: LAGBEA
  • High School District: Laguna Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Coast Royal (CR)
  • Directions: Driving south on PCH turn left on West St, then left on Monterey St, then left on 2nd Monterey St next to trail sign
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Dog Park, Golf, Park, Watersports
View more facts & features

Local Laguna Beach Agent

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Sale History for 31131 Monterey St

Last sold for $8,450,000 on June 5th, 2023
  • June, 2023

  • Jun 5, 2023

    Date

    Sold

    CRMLS: LG22194768

    $8,450,000

    Price

  • Sep 7, 2022

    Date

    Active

    CRMLS: LG22194768

    $17,995,000

    Price

Tax History for 31131 Monterey St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

31131 Monterey St sold on June 5, 2023 for 279.14% higher than the current median sold price for the city of Laguna Beach which is $2,900,000. The median sold price per/sqft for Laguna Beach is $1,526 and this home is sold at $2857.33 per/sqft which puts the price per square foot 87.24% higher than the current median sale per square foot for the city of Laguna Beach.

About 31131 Monterey St

Detailed summary of property

31131 Monterey St is a single family home that recently sold in Laguna Beach, CA 92651. This house offered 4 bedrooms, 5 bathrooms, roughly 3,848 living square feet, and sits on an approximately 11,139 square foot lot. 31131 Monterey St was first listed on ArdentRealEstateGroup.com on September 7, 2022. The homeowner sold the property for $8,450,000. Home in Laguna Beach are selling for a median price of $2,900,000 and a median price per square foot of $1,526. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 279.14% higher than the current median priced home. Local homes that are currently for sale include 26 Faenza, 34 Sunset Cove and 7 Telescope. While the average home in Laguna Beach, CA is selling in 92 days, 31131 Monterey St has a days on market of 244 days. There are currently 179 homes for sale in the Laguna Beach real estate market and 158 of them are single family homes while 21 of them are condos and 0 are townhomes. For more information on this home for sale at 31131 Monterey St 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 31131 Monterey St

Public county record property details
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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
$4,175,000
Median List Price/Sq.Ft.
$1,818
Median Sold Price
$2,900,000
Median Sold Price/Sq.Ft.
$1,526
Total Inventory
181
Median Sale to List Price %
96.83%
Avg Days on Market
84
Loan Type
Conventional (17.24%), FHA (3.45%), VA (0%), Cash (34.48%), Other (37.93%)

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Related Resources to 31131 Monterey St

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.