2538 Monaco Dr Laguna Beach, CA 92651
Estimated payment $119,868/month
Highlights
- Ocean View
- Primary Bedroom Suite
- Great Room
- El Morro Elementary School Rated A+
- Fireplace in Bathroom
- Community Fire Pit
About This Home
Located within one of southern California’s most sought-after private beach front 24-hour guard gated communities, this soft contemporary jewel box of an ocean retreat represents coastal living at its finest. This 3758 sq. ft. 5-bedroom 5-bathroom residence is flooded with light and artfully marries the interior spaces with the breathtaking exterior surroundings. Adorned with exquisite surfaces and stonework, complemented by masterfully executed millwork no detail has been overlooked to even the most discerning beholder. Ocean views out to the endless horizon and year-round sunsets is the living art backdrop to this property and can be enjoyed from virtually any vantage point in the residence. Being set within Laguna Beach’s, Irvine Cove, this private oceanfront community is set at the most accessible northern tip of the city providing access to endless amenities such as John Wayne Airport, world class shopping at South Coast Plaza and Fashion Island, performing arts, museums and endless dining no more than 15 to 20 minutes away. All of this set around the community's private beach just a short jaunt from the residence. Rarely do opportunities arise to acquire properties within this neighborhood and this particular residence must be experienced to truly understand its value and the lifestyle it provides to its residents.
Listing Agent
Compass Brokerage Phone: 949-689-5018 License #01275953 Listed on: 01/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $213,932
Year Built
- Built in 1961
HOA Fees
- $667 Monthly HOA Fees
Parking
- 3 Open Parking Spaces
- 2 Car Garage
Property Views
- Ocean
- Catalina
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 3,758 Sq Ft Home
- 1-Story Property
- Great Room
- Family Room
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 5 Full Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Private Water Source
Additional Features
- Outdoor Fireplace
- 0.25 Acre Lot
- Suburban Location
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 2818
- Assessor Parcel Number 05331611
- $1,096 per year additional tax assessments
Community Details
Overview
- Irvine Cove Association, Phone Number (949) 497-5869
- Irvine Cove Subdivision
Amenities
- Community Fire Pit
- Community Barbecue Grill
- Picnic Area
Map
Home Values in the Area
Average Home Value in this Area
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 | $213,932 | $21,383,341 | $19,101,744 | $2,281,597 |
| 2024 | $213,932 | $20,964,060 | $18,727,200 | $2,236,860 |
| 2023 | $209,326 | $20,553,000 | $18,360,000 | $2,193,000 |
| 2022 | $132,911 | $13,001,541 | $11,739,255 | $1,262,286 |
| 2021 | $128,095 | $12,528,464 | $11,509,073 | $1,019,391 |
| 2020 | $126,708 | $12,400,000 | $11,391,061 | $1,008,939 |
| 2019 | $53,167 | $5,136,001 | $4,128,184 | $1,007,817 |
| 2018 | $52,120 | $5,035,296 | $4,047,240 | $988,056 |
| 2017 | $51,079 | $4,936,565 | $3,967,882 | $968,683 |
| 2016 | $50,101 | $4,839,770 | $3,890,080 | $949,690 |
| 2015 | $47,387 | $4,575,317 | $3,831,648 | $743,669 |
| 2014 | $41,375 | $3,984,691 | $3,756,592 | $228,099 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Rent | $50,000 | 0.0% | -- |
| 07/08/2025 07/08/25 | Price Changed | $18,750,000 | -6.1% | $4,989 / Sq Ft |
| 04/11/2025 04/11/25 | Price Changed | $19,975,000 | -11.2% | $5,315 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $22,500,000 | -10.0% | $5,987 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $25,000,000 | +24.1% | $6,652 / Sq Ft |
| 05/06/2022 05/06/22 | Sold | $20,150,000 | -22.5% | $4,798 / Sq Ft |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 01/14/2022 01/14/22 | For Sale | $26,000,000 | +100.0% | $6,190 / Sq Ft |
| 07/03/2019 07/03/19 | Sold | $13,000,000 | -12.2% | $4,262 / Sq Ft |
| 06/16/2019 06/16/19 | Pending | -- | -- | -- |
| 05/06/2019 05/06/19 | For Sale | $14,800,000 | +248.2% | $4,852 / Sq Ft |
| 08/01/2012 08/01/12 | Sold | $4,250,000 | -15.0% | $1,635 / Sq Ft |
| 07/23/2012 07/23/12 | Pending | -- | -- | -- |
| 12/02/2011 12/02/11 | Price Changed | $4,999,000 | -3.8% | $1,923 / Sq Ft |
| 10/26/2011 10/26/11 | Price Changed | $5,195,000 | -10.4% | $1,998 / Sq Ft |
| 03/21/2011 03/21/11 | Price Changed | $5,795,000 | -10.8% | $2,229 / Sq Ft |
| 01/26/2011 01/26/11 | For Sale | $6,500,000 | -- | $2,500 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $12,400,000 | Ticor Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Stewart Title Irvine | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Grant Deed | $4,070,000 | Commonwealth Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $639,000 | First American Title Ins Co | |
| Grant Deed | $1,900,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,624,976 | Unknown | |
| Previous Owner | $4,030,000 | New Conventional | |
| Previous Owner | $2,000,000 | Purchase Money Mortgage | |
| Previous Owner | $1,350,000 | Unknown | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $700,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $1,425,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25009070
APN: 053-316-11
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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