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2538 Monaco Drive

Laguna Beach, CA 92651

5 beds
5 baths
4,250 sqft
11,000 sqft lot
$5,175 per sqft
1961 build
– on site

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 CRMLS_CA / Andy Stavros / DOUGLAS ELLIMAN OF CALIFORNIA, INC. / 949-290-0139

Last checked: Checking… • Last updated Mar 20, 2024 •

MLS# LG24022489 —

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
Construction Materials:

Unknown
Architectural Style:

Contemporary
Roof:

Metal
Structure Type:

House
Entry Level:

1
Patio:

1
Patio And Porch Features:

Covered, Patio
Accessibility Features:

None
Common Walls:

No Common Walls
Total Number Of Units:

1
Stories Total:

1

Interior

Features:

High Ceilings, Open Floorplan, Pantry
Levels:

One
Entry Location:

1
Kitchen Features:

Kitchen Island, Kitchen Open to Family Room
Eating Area:

Breakfast Counter / Bar, Dining Room
Door Features:

Atrium Doors
Window Features:

Bay Window(s), Blinds
Flooring:

Wood
Room Type:

Family Room, Game Room, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Living Area Units:

Square Feet
Living Area Source:

Seller
Fireplace:

Yes
Fireplace:

Family Room, Primary Retreat, Outside, Patio
Laundry:

Individual Room, Inside
Laundry:

1

Room Dimensions

Living Area:

4250.00

Location

Directions:

Irvine Cove to Monaco Dr
Latitude:

33.55571500
Longitude:

-117.81595100

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Lot Features:

0-1 Unit/Acre, Landscaped
Lot Size Area:

11000.0000
Lot Size Acres:

0.2525
Lot Size SqFt:

11000.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fencing:

Privacy
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Privately Maintained
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

626.56
Tax Tract:

2818
Tax Lot:

11

Beds

Total Bedrooms:

5
Main Level Bedrooms:

1

Baths

Total Baths:

5
Bathroom Features:

Bathtub, Shower, Shower in Tub, Double sinks in bath(s), Remodeled, Walk-in shower
Full & Three Quarter Baths:

5
Main Level Baths:

1
Full Baths:

5

The Listing

Buyer's Brokerage Compensation:

2.000%
Virtual Tour
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

05331611

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Oven, Water Heater
Included:

Yes

Schools

High School District:

Laguna Beach Unified

The Community

Subdivision:

Irvine Cove (IC)
Subdivision:

Irvine Cove (IC)
Senior Community:

No
Features:

Sidewalks, Storm Drains, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Association Amenities:

Clubhouse, Recreation Room
Association:

Irvine Cove
Association:

Yes
Association Fee:

$667
Association Fee Frequency:

Monthly
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

5.00
Attached Garage:

Yes
Garage Spaces:

2.00
Carport Spaces:

3.00

Monthly cost estimate

Asking price

$21,995,000

Expense	Monthly cost
Mortgage	$117,776
Taxes	N/A
Insurance	$6,048
HOA fees	$667
Utilities	$254 See report
Total	$124,745/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/31/24 Jan 31, 2024	Listed / Active	CRMLS_CA	$21,995,000	9.2% (5.3% / YR)
7/17/23 Jul 17, 2023	Listed / Active	BRIDGE
5/6/22 May 6, 2022		CRMLS_CA	$20,150,000	-22.5%

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This house located in Irvine Cove, Laguna Beach, CA 92651 is currently for sale for $21,995,000. 2538 Monaco Drive is a 4,250 square foot house with 5 beds and 5 baths that has been on Estately for 98 days. 2538 Monaco Drive is in the Irvine Cove neighborhood of Laguna Beach and has a WalkScore® of 5, making it car-dependent. This house is in the attendance area of El Morro Elementary School, Laguna Beach High School, and Thurston Middle School.

Listing Courtesy of: CRMLS_CA and DOUGLAS ELLIMAN OF CALIFORNIA, INC.. Based on information from California Regional Multiple Listing Service, Inc. as of 09:35 on May 08.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.