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2538 Monaco Drive

Laguna Beach, CA 92651

5 beds
5 baths
3,758 sqft
11,000 sqft lot
$6,652 per sqft
1961 build
– on site

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 living at its finest. This 3758 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 is 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 community's 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.

Listed By CRMLS_CA / Rex McKown / Compass / 949-689-5018

Last checked: Checking… • Last updated Jan 18, 2025 •

MLS# NP25009070 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1961
Year Built Source:

Public Records
New Construction:

No
Total Number Of Units:

1
Structure Type:

House
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

One
Entry Location:

1
Room Type:

Family Room, Great Room, Kitchen, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
Living Area Units:

Square Feet
Living Area Source:

Appraiser
Fireplace:

Yes
Fireplace:

Bath, Living Room, Outside
Laundry:

Dryer Included, Inside, Washer Included
Laundry:

1

Room Dimensions

Living Area:

3758.00

Location

Directions:

CLA
Latitude:

33.55571400
Longitude:

-117.81595100

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

11000.0000
Lot Size Acres:

0.2525
Lot Size SqFt:

11000.00
Lot Size Source:

Assessor
View:

1
View:

Catalina, Ocean
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

626.04
Tax Tract:

2818
Tax Lot:

11

Beds

Total Bedrooms:

5
Main Level Bedrooms:

5

Baths

Total Baths:

5
Full & Three Quarter Baths:

5
Main Level Baths:

5
Full Baths:

5

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

05331611

Heating & Cooling

Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Private

Schools

High School District:

Laguna Beach Unified

The Community

Subdivision:

Irvine Cove (IC)
Subdivision:

Irvine Cove (IC)
Features:

Suburban
Association Amenities:

Fire Pit, Barbecue, Picnic Area
Association:

Irvine Cove
Association:

Yes
Association Fee:

$8,000
Association Fee Frequency:

Annually
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

5.00
Attached Garage:

No
Garage Spaces:

2.00
Uncovered Spaces:

3.00

Monthly cost estimate

Asking price

$25,000,000

Expense	Monthly cost
Mortgage	$133,867
Taxes	N/A
Insurance	$6,875
HOA fees	$667
Utilities	$264 See report
Total	$141,673/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
1/17/25 Jan 17, 2025	Listed / Active	CRMLS_CA	$25,000,000	24.1% (8.9% / YR)
5/6/22 May 6, 2022		CRMLS_CA	$20,150,000	-22.5%
4/21/22 Apr 21, 2022		CRMLS_CA	$26,000,000

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This house located in Irvine Cove, Laguna Beach, CA 92651 is currently for sale for $25,000,000. 2538 Monaco Drive is a 3,758 square foot house with 5 beds and 5 baths that has been on Estately for 1 days. 2538 Monaco Drive is in the Irvine Cove neighborhood of Laguna Beach. This house is in the attendance area of Thurston Middle School, Laguna Beach High School, and El Morro Elementary School.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 23:50 on Jan 17.

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.