NOT LISTED FOR SALE

2480 Monaco Dr Laguna Beach, CA 92651

Estimated Value: $8,373,000 - $14,929,486

5 Beds
5.5 Baths
4,200 Sq Ft
$2,470/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $10,000,000 $2,381 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $66,715/month

4 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Newly Remodeled
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Filtered Pool

About This Home

As of July 2017

OCEAN SIDE | IRVINE COVE. One of the finest properties on the ocean side in private, guard gated community of Irvine Cove, Laguna Beach. Phenomenal, single level, 5 bedroom, 5.5 bath home with absolutely incredible and stunning sit down white water, panoramic, Catalina and sunset views. Designed with glass doors throughout that retract into the walls to provide seamless indoor/outdoor living. This property was designed around a private interior swimming pool that can be seen by almost every room in the house. Additional features include an outdoor seated area with fire pit, separate 5th bedroom suite, outdoor breakfast and dining area, conditioned glass showcase wine cellar plus a three car wide garage. There is so much to note with this incredible turnkey single level Irvine Cove home that it is truly A Must See!

Last Agent to Sell the Property

Harold Noriega

Compass License #01494239 Listed on: 07/13/2017

Compass

Last Buyer's Agent

Liana Norman

Coldwell Banker Realty License #01054256

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114,297

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Block Wall Fence
  • Level Lot

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Fire Retardant Roof
  • Stucco

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Fireplace
  • Sliding Doors
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Ocean Side of Highway 1
  • Concrete Porch or Patio
  • Fire Pit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2818
  • Assessor Parcel Number 05331802

Community Details

Overview

  • Irvine Cove Association, Phone Number (949) 222-0977

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$114,297

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$667 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05331802
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Home Automation System, Open Floorplan, Recessed Lighting, Wired for Data, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Fire Pit
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 2380.95
  • Room Type: All Bedrooms Down, Bonus Room, Dressing Area, Family Room, Kitchen, Living Room, Main Floor Master Bedroom, Master Suite, Wine Cellar
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Drawers, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground, Waterfall, Filtered, Heated
  • Pool Private: Yes
  • Roof: Fire Retardant
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Direct Garage Access, Garage - Two Door, Garage Door Opener, Permit Required, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Pet Rules, Guard, Security, Controlled Access
  • Association Fee: 8000.00
  • Association Fee Frequency: Annually
  • Association Name: IRVINE COVE
  • Phone: 949.222.0977
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • 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: Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 12636.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 28
  • Tax Tract Number: 2818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jul 19, 2017
Sold by
100 East California Avenue L L C
Bought by
St Norbert Llc
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Liana Norman
Coldwell Banker Realty
List Price
$9,995,000
Sold Price
$10,000,000
Premium/Discount to List
$5,000
0.05%
Current Estimated Value
$10,373,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,622
Avg. Annual Appreciation
0.49%

Purchase Details

Listed on
Dec 1, 2013
Closed on
Mar 5, 2014
Sold by
Foltz Suzanne Ellen and Foltz Janis Anne
Bought by
100 East California Avenue Llc
Seller's Agent
Dave Anderson
Harcourts Prime Properties
Buyer's Agent
Dave Anderson
Harcourts Prime Properties
List Price
$6,000,000
Sold Price
$4,839,000
Premium/Discount to List
-$1,161,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.69%
Original Mortgage
$3,100,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Ckdd Management Llc
Bought by
Monaco Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
St Norbert Llc $10,000,000 Fidelity National Title Oran
100 East California Avenue Llc $4,839,000 Title365
Monaco Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Norbert Llc $6,250,000
Previous Owner 100 East California Avenue Llc $5,000,000
Previous Owner 100 East California Avenue Llc $3,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $10,000,000 +0.1% $2,381 / Sq Ft
07/13/2017 07/13/17 For Sale $9,995,000 +106.6% $2,380 / Sq Ft
04/09/2014 04/09/14 Sold $4,839,000 -13.6% $1,578 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/10/2014 02/10/14 Price Changed $5,600,000 -6.7% $1,826 / Sq Ft
12/01/2013 12/01/13 For Sale $6,000,000 -- $1,957 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $114,297 $11,378,292 $9,923,962 $1,454,330
2024 $114,297 $11,155,189 $9,729,375 $1,425,814
2023 $111,975 $10,936,460 $9,538,603 $1,397,857
2022 $109,814 $10,722,020 $9,351,571 $1,370,449
2021 $107,652 $10,511,785 $9,168,207 $1,343,578
2020 $106,476 $10,404,000 $9,074,198 $1,329,802
2019 $104,625 $10,200,000 $8,896,272 $1,303,728
2018 $102,578 $10,000,000 $8,721,835 $1,278,165
2017 $61,798 $5,991,211 $4,846,021 $1,145,190
2016 $60,618 $5,873,737 $4,751,001 $1,122,736
2015 $50,286 $4,860,247 $4,679,637 $180,610
2014 $3,659 $280,239 $177,231 $103,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17159574

California Regional Multiple Listing Service (CRMLS)

APN: 053-318-02