NOT LISTED FOR SALE

2450 Monaco Dr Laguna Beach, CA 92651

Estimated Value: $6,755,000 - $11,114,393

4 Beds
3.5 Baths
3,140 Sq Ft
$2,897/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $12,000,000 $3,822 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $58,442/month

329 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Heated Spa
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Ocean Side of Highway 1

About This Home

As of April 2024

One look at the sugar-fine sand and pristine waters of Irvine Cove's secluded beach makes it easy to see why Irvine Cove is one of the most prestigious, private communities in the world. Now comes a rare opportunity to purchase a piece of this elite enclave. Perched on a large, elevated lot, this ocean-view home features four bedrooms plus a bonus room and has been freshly updated with new porcelain "wood plank" flooring, stainless-steel Viking appliances, new paint, light fixtures, hardware, air-conditioning and much more. A private atrium spa off the master bathroom, a hobby workshop, a three-car garage and a large grassy lawn (a pet's paradise) round out this fantastic home. First time on the market in 60 years!

For those looking to build their dream home in this premier community, this uniquely elevated lot is an architect's dream parcel. Prominently positioned atop a cul-de-sac and just one block back from the beach, the topography allows the opportunity to build a large, light & bright home with panoramic ocean & Catalina sunset views.

Last Agent to Sell the Property

Dean Ledger

Emerald Bay Real Estate Brokerage Phone: 949-222-0977 License #01154116 Listed on: 03/08/2023

Last Buyer's Agent

Linda Chan

HomeSmart Evergreen Realty License #01908502

HomeSmart Evergreen Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Masonry wall
  • Privacy Fence
  • Lawn
  • Back Yard

HOA Fees

  • $875 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Driveway Up Slope From Street

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Traditional Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room
  • Atrium Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • Retreat
  • 4 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Beach Access
  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Separate Outdoor Workshop
  • Shed

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 2818
  • Assessor Parcel Number 05331805

Community Details

Overview

  • Irvine Cove Association, Phone Number (949) 248-3878
  • Common Interests, Inc. HOA
  • Irvine Cove Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Park
  • Water Sports

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1961 | Remodeled

Lot Details

0.29 Acres

HOA Fees

$875 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer/Dryer, Refrigerator
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Gated Community
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05331805
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3140.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3821.66
  • Room Type: All Bedrooms Down, Atrium, Bonus Room, Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Retreat, Separate Family Room
  • Spa Features: Private, Heated
  • Window Features: Shutters
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath, Tile Counters, Vanity Area
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s), Workshop
  • View: Catalina, Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Masonry, Privacy
  • Patio And Porch Features: Brick, Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Up Slope From Street, Garage - Single Door, Garage - Two Door, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Controlled Access
  • Association Fee: 10500.00
  • Association Fee Frequency: Annually
  • Association Name: Irvine Cove
  • Phone: (949)248-3878
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park, Watersports
  • Association Management: Common Interests, Inc.

Schools

  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 12669.00
  • Lot Size Acres: 0.2908

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12669.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 31
  • Tax Tract Number: 2818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Feb 6, 2024
Sold by
Janet Roper Survivors Trust and Roper Robert J
Bought by
Monaco Vista Llc
Seller's Agent
Dean Ledger
Emerald Bay Real Estate
Buyer's Agent
Linda Chan
HomeSmart Evergreen Realty
List Price
$15,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$3,000,000
-20%
Views
790
Current Estimated Value
$9,095,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,904,202
Avg. Annual Appreciation
-13.25%
Original Mortgage
$7,200,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2014
Sold by
Roper Janet C and Roper Robert J
Bought by
Roper Exemption Trust

Purchase Details

Closed on
Feb 26, 2003
Sold by
Mcgill Susan
Bought by
Mcgill C Rockney and Mcgill Susan

Purchase Details

Closed on
Apr 13, 1994
Sold by
Roper Marijo
Bought by
Roper Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Monaco Vista Llc $12,000,000 Fidelity National Title
Roper Exemption Trust -- None Available
Mcgill C Rockney -- Southland
Roper Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monaco Vista Llc $7,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $12,000,000 -11.1% $3,822 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
10/17/2023 10/17/23 Price Changed $13,500,000 -6.9% $4,299 / Sq Ft
06/29/2023 06/29/23 Price Changed $14,500,000 -3.3% $4,618 / Sq Ft
03/08/2023 03/08/23 For Sale $15,000,000 0.0% $4,777 / Sq Ft
04/06/2021 04/06/21 Rented $17,500 -7.9% --
04/05/2021 04/05/21 Under Contract -- -- --
03/31/2021 03/31/21 For Rent $19,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $122,879 $12,240,000 $11,862,061 $377,939
2024 $122,879 $12,000,000 $11,649,564 $350,436
2023 $4,799 $349,381 $200,298 $149,083
2022 $4,648 $342,531 $196,371 $146,160
2021 $4,429 $335,815 $192,520 $143,295
2020 $4,317 $332,372 $190,546 $141,826
2019 $4,217 $325,855 $186,809 $139,046
2018 $4,119 $319,466 $183,146 $136,320
2017 $4,017 $313,202 $179,554 $133,648
2016 $3,922 $307,061 $176,033 $131,028
2015 $3,841 $302,449 $173,389 $129,060
2014 $3,825 $296,525 $169,993 $126,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23037947

California Regional Multiple Listing Service (CRMLS)

APN: 053-318-05

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