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Sold

2523 MONACO Drive sold on July 20, 2012 for $8,200,000, 16.2% below the $9,780,000 asking price after 157 days on the market, including an earlier listing. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Jul 20, 2012

2523 MONACO Drive, Laguna Beach, CA 92651

  • 4 beds
  • 4 baths
  • 4,600 sq ft
  • 0.27-acre lot
  • Built 2002

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$8,200,000

MLS# L38845

Subdivision Irvine Cove

Irvine Cove sits at the northern edge of Laguna Beach, a gated community straddling Pacific Coast Highway with a tunnel linking the inland side to a residents-only beach cove.

See homes for sale in Irvine Cove

This home has a newer listing: MLS NP13212297 (Sold).

The home

About 2523 MONACO Drive

Step into another world...one reminiscent of exotic places. Spectacular tropical Balinese resort style home. Enter through gorgeous teak gates to the completely private enclosed patio, pool, spa and sala (cabana). This home is built with exquisite taste, materials and attention to detail. The home features limestone, cherry and merbau hardwood floors. Merbau hardwood is indigenous to Indonesia. All window and door trims are custom designed teak. Five fireplaces grace this four bedroom home. Three of the bedrooms have fireplaces. Huge great room features the beautiful ocean and Catalina views. Lovely ocean view library or music room adjoins the master suite. Electrically operated window coverings. Oceanview terraces with gardens, sitting areas, and Koi pond (of which there are two). Both the master bath and sala have heated floors. Located on the oceanside of Irvine Cove with very close access to the beach, oceanfront park and tennis courts.

Property details for 2523 MONACO Drive

This 4-bedroom, 4-bath single-family home sits in the Irvine Cove neighborhood of Laguna Beach in Orange County. It has 4,600 square feet of living space on a 0.27-acre lot. The home was built in 2002. The MLS record lists the assessor parcel number as 053-317-04. Highlights include ocean and panoramic views, a private pool and spa, a fireplace, single-story living, and an attached three-car garage.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
L38845
Year Built
2002
Living Area (sq ft)
4,600
Living Area Source
Owner
Lot Size (sq ft)
11,564
Lot Size (acres)
0.265
Levels
One
Bedrooms
4
Full Baths
1
Half Baths
1
Garage Spaces
3
Parking Spaces
3
View
Ocean, Panoramic, Water
Private Pool
Yes
HOA Dues
$8,000
HOA Frequency
Annually
Parcel Number
05331704
Zoning
R1
Listing Terms
Standard
HOA fees
$666.67 monthly

Interior Features

Interior Features
Breakfast Area, Open Floorplan, Recessed Lighting, Wired For Data, Wired For Sound, Jack And Jill Bath, Walk In Closets
Appliances
Built In, Convection Oven, Cooktop, Double Oven, Dishwasher, Electric Cooking, Freezer, Gas Cooking, Microwave, Oven, Range, Refrigerator, Range Hood, Water To Refrigerator, Warming Drawer, Water Purifier
Flooring
Stone, Wood
Heating
Forced Air, See Remarks
Cooling
None
Fireplace
Great Room, Library
Laundry
Laundry Room
Windows
Double Pane Windows
Doors
Sliding Doors

Exterior Features

Architectural Style
See Remarks
Exterior Features
Rain Gutters
Roof
Copper
Construction
Stucco, Copper Plumbing
Lot Features
Sprinklers In Rear, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side
Patio and Porch
Enclosed, Lanai, Stone
Parking
Door Multi, Garage Faces Front, Garage, Garage Door Opener, On Street
Pool Features
Filtered, Gas Heat, Heated, In Ground, Private
Spa
Heated, In Ground, Private
Sewer
Sewer Tap Paid
Water
Public
Utilities
Sewer Connected

Community Features

Subdivision
Irvine Cove (IC)
Community Features
Gutters
Association Amenities
Tennis Courts
Security
Security System

The record

Property History for 2523 MONACO Drive

DateEventPriceNote
Oct 17, 2013 Sold $9,400,000 HOM Sotheby's International Re
Jul 20, 2012 Sold $8,200,000
May 7, 2012 Relisted $9,780,000

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 2523 MONACO Drive

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0412K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Very High Fire Hazard Severity Zone, Local Responsibility Area.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Outside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Cable: Cox Communications, up to 2,000 Mbps, at 11 of 11 residential locations in this census block. Fixed wireless: Verizon, up to 25 Mbps, at 11 of 11.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626562031, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.3 miles away (ChargePoint, 1 DC fast port). 20 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

2523 MONACO Drive is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 2523 MONACO Drive

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The neighborhood

About Irvine Cove

Irvine Cove sits at the northern edge of Laguna Beach, a gated community straddling Pacific Coast Highway with a tunnel linking the inland side to a residents-only beach cove. Subdivided from the Irvine Ranch in 1958, this enclave of roughly 110 Mediterranean and contemporary estates offers Catalina Island views, tennis courts, and parks.

Laguna Beach home sales, past 12 months

Homes sold
261
Median price
$3,350,000
Median days on market
33
Median per sq ft
$1,619

Recorded MLS closings of single-family homes, Oct 22, 2025 to Oct 22, 2026. Days on market run from listing to going under contract.

Recent Laguna Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
933 Coast View Oct 22, 2026 $3,200,000 1,733 $1,847 29
9 Carmel Court Oct 21, 2026 $1,399,000 1,665 $840 1
699 Wendt Terrace Oct 19, 2026 $4,200,000 2,827 $1,486 8
31632 2nd Avenue Oct 16, 2026 $1,875,000 832 $2,254 0
1264 Anacapa Oct 16, 2026 $5,500,000 3,299 $1,667 0

Schools

School District for 2523 MONACO Drive

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Laguna Beach Unified.

Moving to Laguna Beach covers its schools, parks and beaches.

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Listed by Rod Daley of Coldwell Banker P.I.

Listing information updated Apr 30, 2021 at 8:02 AM PT. Source: CRMLS.

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