Seller's Agent in 2021
John Cain
Pacific Sothebys
(714) 655-8940
216 Total Sales
2495 Monaco Dr Laguna Beach, CA 92651
Estimated Value: $8,358,000 - $21,741,705
4
Beds
5
Baths
4,524
Sq Ft
$3,327/Sq Ft
Est. Value
Highlights
- Ocean View
- Property has ocean access
- 24-Hour Security
- El Morro Elementary School Rated A+
- Koi Pond
- In Ground Spa
About This Home
As of December 2021Set upon the finest non-oceanfront lot in the unparalleled enclave of Irvine Cove, this legacy home is on the market for the first time in nearly 50 years. Timeless mid-century architecture sets the stage for this design-driven property with interiors conceived by famed designer Fari Pakzad, with 4,524 +/- s.f. of interior spaces that feature clean lines & flowing natural light. Perched on an elevated bluff, this home commands exquisite white-water views of the Pacific, making it a rare gem, in an exclusive community. The elevated, oversized corner lot rises above street level, capturing the cool spray of salt air and provides a private vantage point where stunning sunsets become the backdrop of an extraordinary lifestyle. Expanses of glass look out on rugged cliffs & ocean swells in the living & dining rooms, and the kitchen connects to an immense lounge area with wet bar, where oversized skylights create the feel of a luxe atrium. Four spacious bedrooms include 2 rooms that open to a spa patio, an additional guest room and a master suite in a separate wing that offers whitewater views, incredible closet space & an ensuite with natural light. An outdoor entertaining space with sweeping views has covered seating, a bar & BBQ kitchen, and a gated motor court securely accesses garaging for 5 cars. The crown jewel of Laguna Beach ocean bluff communities, Irvine Cove is guard-gated, with exclusive access to tennis courts, and a pristine private beach a short distance from the bluff.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 09/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $191,211
Year Built
- Built in 1965
Lot Details
- 0.36 Acre Lot
- Landscaped
- Corner Lot
- Private Yard
- Back Yard
HOA Fees
- $737 Monthly HOA Fees
Parking
- 5 Car Attached Garage
- 5 Open Parking Spaces
- Parking Available
- Garage Door Opener
- Driveway
- Gated Parking
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- Bluff
- Neighborhood
Home Design
- Midcentury Modern Architecture
- Planned Development
Interior Spaces
- 4,524 Sq Ft Home
- 1-Story Property
- Bar
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Dining Room
- Den
- Utility Room
- Laundry Room
- Tile Flooring
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Granite Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Makeup or Vanity Space
- Bidet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Outdoor Features
- In Ground Spa
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
- Covered patio or porch
- Koi Pond
- Lanai
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Across the Road from Lake or Ocean
- Suburban Location
Schools
- El Morro Elementary School
- Thurston Middle School
- Laguna Beach High School
Utilities
- Radiant Heating System
Listing and Financial Details
- Tax Lot 37
- Tax Tract Number 2818
- Assessor Parcel Number 05331811
- $1,020 per year additional tax assessments
Community Details
Overview
- Irvine Cove HOA, Phone Number (949) 248-3878
- Common Interest Inc HOA
- Irvine Cove Subdivision
Recreation
- Tennis Courts
- Park
- Water Sports
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2021
Closed on
Nov 30, 2021
Sold by
Hupp Michele Wankier and The Ross B Wankier Revocable T
Bought by
Brighton Road Investments Llc
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$19,995,000
Sold Price
$18,000,000
Premium/Discount to List
-$1,995,000
-9.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,950,147
Avg. Annual Appreciation
-6.29%
Purchase Details
Listed on
Sep 17, 2021
Closed on
Oct 30, 2021
Sold by
Hupp Michele Wankier and The Wankier Family Trust
Bought by
Hupp Michele Wankier and Ross B Wankier Revocable Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$19,995,000
Sold Price
$18,000,000
Premium/Discount to List
-$1,995,000
-9.98%
Purchase Details
Closed on
Aug 20, 2021
Sold by
June Wankier
Bought by
Wankier Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brighton Road Investments Llc | $18,000,000 | Ticor Title Company Of Ca | |
| Hupp Michele Wankier | -- | None Available | |
| Wankier Family Trust | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2021 12/07/21 | Sold | $18,000,000 | -10.0% | $3,979 / Sq Ft |
| 11/06/2021 11/06/21 | Pending | -- | -- | -- |
| 09/17/2021 09/17/21 | For Sale | $19,995,000 | -- | $4,420 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $191,211 | $19,101,744 | $18,437,362 | $664,382 |
| 2024 | $191,211 | $18,727,200 | $18,075,845 | $651,355 |
| 2023 | $187,126 | $18,360,000 | $17,721,416 | $638,584 |
| 2022 | $183,555 | $18,000,000 | $17,373,937 | $626,063 |
| 2021 | $7,623 | $650,849 | $219,633 | $431,216 |
| 2020 | $7,478 | $644,176 | $217,381 | $426,795 |
| 2019 | $7,324 | $631,546 | $213,119 | $418,427 |
| 2018 | $7,165 | $619,163 | $208,940 | $410,223 |
| 2017 | $7,004 | $607,023 | $204,843 | $402,180 |
| 2016 | $6,852 | $595,121 | $200,826 | $394,295 |
| 2015 | $6,728 | $586,182 | $197,809 | $388,373 |
| 2014 | $6,586 | $574,700 | $193,934 | $380,766 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2021
Robert Giem
Plus Real Estate
(949) 933-7046
56 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21194754
APN: 053-318-11
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