$7,340,000
SOLD OCT 7, 2020

2526 Monaco Dr Laguna Beach, CA 92651

4 Beds
4.5 Baths
3,265 Sq Ft
0.27 Acres

Recently Sold

$2,248 Per Sq Ft

23% Below List Price

460 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Tennis Courts
  • El Morro Elementary School Rated A+
  • Wood Flooring
  • Outdoor Cooking Area

About This Home

As of October 2023

Located in one of the most exclusive private coves in Southern California, this newly remodeled coastal contemporary 4 bedroom, 4 1/2 bath, plus office, is now available. Enjoy the private coastal lifestyle in the oasis of Irvine Cove, which features two of the most scenic sandy beaches and coves in the region, an ocean front park, tennis courts, and 24/7 guard gated exclusivity. This mostly single level home sits on nearly a ¼ acre of land with a private backyard, ocean view gazebo, and pool perfect for entertaining and basking in Laguna’s sunny weather. The newly renovated open kitchen, containing top-of-the-line appliances, encircles an over-sized island ideal for gatherings. The spacious master suite boasts a spa-like bath, two generous walk-in closets, and a beautiful poolside setting with ample light. This home is ready for the next owner to live and create memories like few in the world can experience.

Last Agent to Sell the Property

John Trevino

Compass License #01411440 Listed on: 07/05/2019

Compass

Last Buyer's Agent

Timothy Tamura

VALIA Properties License #01305097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,721

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Back Yard

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Hills

Home Design

  • Planned Development

Interior Spaces

  • 3,265 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Schools

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

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2818
  • Assessor Parcel Number 05331610

Community Details

Overview

  • Irvine Cove Association, Phone Number (949) 395-2417

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Water Sports

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,721

Year Built

Built in 1961

Lot Details

0

HOA Fees

$667 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05331610
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3265.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2248.09
  • Room Type: All Bedrooms Down, Entry, Family Room
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Hills, Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Guard, Security, Controlled Access
  • Association Fee: 8000.00
  • Association Fee Frequency: Annually
  • Association Name: Irvine Cove
  • Phone: 9493952417
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Watersports
  • Association Management: Irvine Cove

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: Back Yard, Landscaped
  • Lot Size Sq Ft: 11564.00
  • Lot Size Acres: 0.2655

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11564.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 12
  • Tax Tract Number: 2818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Oct 18, 2023
Sold by
Sib-Monaco Llc
Bought by
Best Colin and Best Evelyn
Seller's Agent
Timothy Tamura
VALIA Properties
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$12,595,000
Sold Price
$11,000,000
Premium/Discount to List
-$1,595,000
-12.66%
Views
288
Current Estimated Value
$9,517,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,482,094
Avg. Annual Appreciation
-5.26%

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 28, 2020
Sold by
Kivilin Bruce Noel and Kivilin Carri
Bought by
Sib Monaco Llc
Seller's Agent
John Trevino
Compass
Buyer's Agent
Timothy Tamura
VALIA Properties
List Price
$9,500,000
Sold Price
$7,340,000
Premium/Discount to List
-$2,160,000
-22.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$4,125,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 28, 2015
Sold by
Laguna Properties Llc
Bought by
Kivlin Bruce Noel and Kivlin Carri
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
John Trevino
Compass
List Price
$7,395,000
Sold Price
$7,000,000
Premium/Discount to List
-$395,000
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Oct 14, 2010
Sold by
Snyder Christina A
Bought by
Laguna Properties Llc

Purchase Details

Closed on
Aug 4, 2008
Sold by
Snyder Christina A
Bought by
Snyder Christina A and Cas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2008
Sold by
Wright Christina Snyder and Wright Stephen Hough
Bought by
Snyder Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2008
Sold by
Wright Stephen Hough
Bought by
Snyder Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
Snyder Christina A
Bought by
Snyder Christina A and Cas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Wright Christina Snyder
Bought by
Wright Christina Snyder and Wright Stephen Hough

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2006
Sold by
Olson Curtis and Olson Cristine
Bought by
Snyder Christina A and The Cas Trust

Purchase Details

Closed on
Mar 21, 1997
Sold by
Lucian Bosco Dominic and Francis John Francis
Bought by
Olson Curtis R and Olson Cristine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 14, 1993
Sold by
Lucian Bosco Dominic
Bought by
Bosco Dominic Lucian and Reising John Francis
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $11,000,000 First American Title
Warranty Deed $7,340,000 North American Title Co
Grant Deed $6,930,000 Ticor Title Company
Grant Deed $5,759,000 Stewart Title
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $5,000,000 First American Title Ins Co
Grant Deed $1,250,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,125,000 Purchase Money Mortgage
Previous Owner $3,900,000 New Conventional
Previous Owner $3,700,000 New Conventional
Previous Owner $2,000,000 Unknown
Previous Owner $988,000 Unknown
Previous Owner $996,000 Unknown
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $11,000,000 -6.4% $3,393 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $11,750,000 -6.7% $3,624 / Sq Ft
05/02/2023 05/02/23 For Sale $12,595,000 +71.6% $3,885 / Sq Ft
10/07/2020 10/07/20 Sold $7,340,000 0.0% $2,248 / Sq Ft
06/24/2020 06/24/20 Rented $26,500 0.0% --
06/24/2020 06/24/20 Off Market $7,340,000 -- --
06/10/2020 06/10/20 For Rent $24,000 0.0% --
02/13/2020 02/13/20 Price Changed $7,497,000 -6.2% $2,296 / Sq Ft
10/15/2019 10/15/19 Price Changed $7,995,000 -5.9% $2,449 / Sq Ft
09/19/2019 09/19/19 Price Changed $8,500,000 -5.5% $2,603 / Sq Ft
08/14/2019 08/14/19 Price Changed $8,995,000 -5.3% $2,755 / Sq Ft
07/05/2019 07/05/19 For Sale $9,500,000 +35.7% $2,910 / Sq Ft
07/30/2015 07/30/15 Sold $7,000,000 -5.3% $2,144 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $7,395,000 -- $2,265 / 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 $112,721 $11,220,000 $10,739,872 $480,128
2024 $112,721 $11,000,000 $10,529,286 $470,714
2023 $78,569 $7,636,536 $7,209,143 $427,393
2022 $77,035 $7,486,800 $7,067,787 $419,013
2021 $75,500 $7,340,000 $6,929,202 $410,798
2020 $77,132 $7,508,989 $7,099,612 $409,377
2019 $75,707 $7,354,171 $6,960,404 $393,767
2018 $74,151 $7,209,972 $6,823,925 $386,047
2017 $72,677 $7,068,600 $6,690,122 $378,478
2016 $71,363 $6,930,000 $6,558,943 $371,057
2015 $63,296 $6,138,908 $5,767,297 $371,611
2014 $62,083 $6,018,656 $5,654,324 $364,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19159058

California Regional Multiple Listing Service (CRMLS)

APN: 053-316-10