2538 Monaco Drive

Laguna Beach, CA 92651

$20,150,000
Last Sold Price
5
Beds
5
Baths
4,200 Sq. Ft.
$4,798 / Sq. Ft.
4,200
Sq. Ft.
$4,798
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Rex McKown

    Rex McKown

    Listing Agent

    Compass

    DRE #01275953

    rex.mckown@compass.com

    P: 949.689.5018

  2. Marcy Weinstein

    Marcy Weinstein

    Alternative Listing Agent

    Compass

    DRE #01094198

Property Details for 2538 Monaco Drive

View
Catalina, Ocean
Parking Spaces Total
5
Private Pool
No
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4200

Location

Listing Courtesy of Compass, Rex McKown, DRE #01275953; Compass, Marcy Weinstein, DRE #01094198

Sold By DOUGLAS ELLIMAN OF CALIFORNIA, INC., Andy Stavros, DRE #01408840

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LISTING UPDATED: 05/07/2022 07:45 AM

Property Details for 2538 Monaco Drive

StatusClosed
MLS #NP22002683
Days on Market91
Taxes-
HOA Fees$8,000
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1961
Lot Size0.25 AC / 11,000 SF
CountyOrange County

Location

Listing Courtesy of Compass, Rex McKown, DRE #01275953; Compass, Marcy Weinstein, DRE #01094198

Sold By DOUGLAS ELLIMAN OF CALIFORNIA, INC., Andy Stavros, DRE #01408840

Add your commute

Virtual Tour

Building Information for 2538 Monaco Drive

Stories1Year Built1961Building Size-Lot Size0.25 AC / 11,000 SF

Payment Calculator

$135,411 per month

30 year fixed, 7.25% Interest

Principal and Interest

$109,967

Property Taxes

$17,444

HOA Dues

$8,000

The Payment Calculator is for illustrative purposes only.

Property Information for 2538 Monaco Drive

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 2818
  • Tax Census Tract: 626.04
  • CFD/Mello-Roos Fee: $1,096
  • Tax Lot: 11
Community / Development
Community / Development
  • Association Amenities: Fire Pit, Barbecue, Picnic Area
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban
  • Complex Name: Irvine Cove
  • Association Name: Irvine Cove
  • Association Phone: 9494975869
Property / Structure Info
Interior Features
  • Room Type: Family Room, Great Room, Kitchen, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Bedroom Features: Main Floor Master Bedroom, Master Suite, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: Bath, Living Room, Master Bedroom, Outside
  • Fireplace Rooms: Bath, Living Room, Master Bedroom
  • Fireplace: FP in Living Room, FP in Master BR, Bath
  • Cooling: Central Air
Exterior Features
  • Structure Type: House
  • Miscellaneous: Suburban
  • View Description: Catalina, Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Private
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Private
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Builders Tract Name: Irvine Cove
  • Builders Tract Code: Irvine Cove (IC)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 2538 Monaco Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2538 Monaco Drive

Taxable ValueLand$18,360,000Additions$2,193,000Total$20,553,000
Tax Record2023$209,326 ($17,444 / month)
Home Facts
Beds3Baths3Total Finished SqFt2,812 SqFtAbove Grade Finished SqFt2,812 SqFtStories1Lot Size10,999 SqFtStyleSingle Family ResidenceYear Built2013CountyORANGEAPN053-316-11

Schools near 2538 Monaco Drive

This home is within Laguna Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Rex McKown, DRE #01275953; Compass, Marcy Weinstein, DRE #01094198

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.