2 months on rocket

2538 Monaco Dr, Laguna Beach, CA, 92651

$21,995,000

5 Bedrooms
5 Full Baths
4,250 SqFt
$5,175/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1961
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Primary Bedroom, Outside
ViewNeighborhood
MLS #LG24022489
Lot Size0.25 Acres
StatusActive

About 2538 Monaco Dr

Welcome to 2538 Monaco Drive, a remarkable property nestled in one of Southern California's most coveted private beachfront communities. This exquisite ocean retreat embodies the epitome of coastal cool living. Recently enhanced and expanded while honoring its original architectural integrity, this 5-bedroom, 5-bathroom residence spans approximately 4250 sq. ft. Flooded with natural light, it seamlessly connects indoor and outdoor spaces, allowing you to immerse yourself in the awe-inspiring surroundings. Every detail has been meticulously considered, from the impeccable surfaces and stonework to the masterfully executed millwork, captivating even the most discerning connoisseur. Whether you're relaxing inside or exploring the residence, you'll be treated to breathtaking ocean views that stretch as far as the eye can see, providing an ever-changing living artwork. Irvine Cove, the exclusive oceanfront community in which this property is located, offers unmatched convenience, with easy access to John Wayne Airport, world-class shopping at South Coast Plaza and Fashion Island, renowned performing arts venues, museums, and a plethora of dining options, all within a short 15 to 20-minute drive. Additionally, you'll have the privilege of enjoying the community's private beach, just a leisurely stroll away from your doorstep. Opportunities to acquire homes in this esteemed neighborhood are few and far between, and to truly comprehend the value and exceptional lifestyle this residence affords, it must be experienced firsthand. Welcome to a realm of coastal luxury and unparalleled beauty at 2538 Monaco Drive.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1961
  • Stories: 1
  • Living Area: 4,250 SqFt

Listing Office:

  • Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
  • Office Phone: (949) 290-0139
  • Listing Agent: Andy Stavros

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Water Heater
  • Flooring Type: Wood
  • Interior: High Ceilings, Open Floorplan, Pantry, French Door(s)/Atrium Door(s)
  • Fireplace: Family Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Irvine Cove to Monaco Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $21,995,000
  • Price Per SqFt: $5,175/SqFt

HOA Fees:

  • Amount: $667
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $128,095
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Laguna Beach, CA.

Med. Sold Price

$2.8M

Med. Price/SqFt

$1,508

Avg. Days On Market

68

# of Sold Homes

24

2538 Monaco Dr vs Laguna Beach

87 DAYS ON ROCKET

+19 Days

$21,995,000

+$19.1M More

$5,175/SqFt

+$3.6K More

KEY TAKEAWAY

This property is $19.1M more than the Median Sold Price and $3.6K/SqFt more than other homes in Laguna Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LG24022489

Listing Office:

  • Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
  • Office Phone: (949) 290-0139
  • Listing Agent: Andy Stavros

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 03, 2019Home Sold
$12,400,000
Aug 01, 2012Home Sold
$4,250,000
Aug 05, 2005Home Sold
$4,070,000
May 19, 2000Home Sold
$1,900,000
May 19, 2000Home Sold
$639,000

Tax History

YEARPROP. TAXASSESSMENT
2021$128,095$12,528,464
2020$126,708$12,400,000
2019$52,119$5,136,001
2018$52,120$5,035,296
2017$51,079$4,936,565

History based on county public records data.

Payment Calculator

$110.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$66K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1994965
8
/10
  • El Morro Elementary School

  • 8681 N Coast Hwy

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-1994966
8
/10
  • Newport Coast Elementary School

  • 6655 Ridge Park Rd

  • 3.49 miles

  • Public District Grades KG-6

school-card-donut-1994967
10
/10
  • Top of The World Elementary School

  • 21601 Tree Top Ln

  • 3.73 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $138,873. The majority of Laguna Beach, CA residents have income $200k+ annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2538 Monaco Dr

What is the listing price of this property?

The listing price of 2538 Monaco Dr property is $21,995,000.

What type of property is this?

The property 2538 Monaco Dr is a house located in Laguna Beach, California, 92651.

Is this property for sale now?

Active Listing: 2538 Monaco Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $128,095 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 3, 2019 for $12,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2538 Monaco Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 2538 Monaco Dr is 4,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2538 Monaco Dr is 1961.
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Rocket HomesCaliforniaOrange CountyLaguna Beach926512538 Monaco Dr

This home is located at 2538 Monaco Dr in Laguna Beach, CA and zip code 92651 in the Irvine Cove neighborhood. This 4,250 square foot home, which was built in 1961, sits on a 0.25 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $21,995,000.

Over 3 listings were sold over their listed price in March 2024 in Laguna Beach, CA. In the same period over 21 listings were sold below the listed price and 0 listings were sold for the listed price. In March 2024 in Laguna Beach, CA there were 8.6% more homes for sale than in February 2024. In March 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $2,800,000.

From Rocket Homes Real Estate and based on county public records data.

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