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31381 Monterey StreetLaguna Beach, CA 92651




Located in the coveted Coast Royal neighborhood of South Laguna Beach, this expansive coastal residence presents a rare opportunity to reimagine a true lifestyle property with panoramic ocean, whitewater, and Catalina Island views stretching north to the Montage Resort. Encompassing approximately 4,000 square feet with seven bedrooms and five bathrooms, the home is positioned to capture breathtaking vistas from all levels while offering exceptional proximity to the Pacific Ocean. The main level captures sweeping ocean views, abundant natural light, and a warm living room anchored by a fireplace and sliding glass doors that open toward the coastline, creating a seamless connection to the surrounding scenery. The kitchen and main living spaces embrace the home's remarkable vantage point, offering an atmosphere designed around relaxed seaside living and unforgettable sunsets. The residence reveals a uniquely versatile floor plan filled with endless potential. Multiple living areas, flexible guest accommodations, and expansive spaces create opportunities for multigenerational living or the chance to craft a one-of-a-kind coastal compound tailored to your vision. The lower level opens to an expansive wood deck with ocean views, extending the living spaces outdoors and enhancing the home's relaxed coastal ambiance. With street-to-street access from Monterey Street down to Coast Highway, the property offers a rare blend of scale, access, and possibility seldom found along the coast. Whether refined or entirely reimagined into a timeless coastal retreat, this property presents an extraordinary canvas in one of the area's most desirable seaside enclaves. The combination of expansive views and close proximity to the sand is a rarity in Laguna Beach. Ideally located moments from the Montage Resort, West Street Beach, Aliso Beach, scenic hiking trails, and renowned restaurants, this rare offering invites the opportunity to create a truly exceptional coastal residence in one of Laguna Beach's most sought-after settings.
| 2 months ago | Price changed to $4,100,000 | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Listing first seen on site |
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Property Details for 31381 Monterey Street
This 7-bedroom, 5-bath single-family home sits in the Coast Royal neighborhood of Laguna Beach in Orange County. It offers 4,000 square feet of living space and is listed at $4,100,000, about $1,025 per square foot. The home was built in 1966. The MLS record lists the assessor parcel number as 056-031-07. Highlights include panoramic and water views, a fireplace, and a 5,998-square-foot lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Property History
31381 Monterey Street was listed for sale on June 8, 2026 (92 days ago) at $4,200,000. The price has since been reduced to $4,100,000.
About Laguna Beach
Laguna Beach is a coastal Orange County city set along a shoreline of coves and bluffs, with beaches including Main Beach, Heisler Park, and Crystal Cove State Park reached from Pacific Coast Highway. Rooted in an early-1900s artists' colony, it hosts the Festival of Arts and Pageant of the Masters within the Laguna Beach Unified School District.
In Laguna Beach, 79 single-family homes have closed in the last 90 days at a median of $3,450,000, based on recorded MLS closings. The median was 33 days on market before going under contract.
Estimated monthly payment
6.66% · 30-yr fixedEstimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.66% (week of Aug 27, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Laguna Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Buying 31381 Monterey Street
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Selling near 31381 Monterey Street
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Photos of 31381 Monterey Street, Laguna Beach





























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Also for sale in Laguna Beach: 31561 Table Rock 417, 31641 Jewel Avenue, 31731 Seacove, 31402 Ocean View.
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