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For Sale|Single Family ResidenceActive Under Contract

31381 Monterey Street, Laguna Beach, CA 92651

  • 7 beds
  • 5 baths
  • 4,000 sq ft
  • 6,000 sq ft lot
  • Built 1966

MLS# LG26122814 · Listed Jun 8, 2026 · Price cut $105,000 on Sep 9 · 137 Days On Site

The home

About 31381 Monterey Street

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.

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 $3,995,000, about $999 per square foot. The home was built in 1966. The MLS record lists the assessor parcel number as 056-031-07. Highlights include coastline and Catalina 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.

Specifications

Home Details

At a glance

Price
$3,995,000
Days On Site
137 Days
Bedrooms
7
Inside Area (SqFt)
4,000 sqft
Total Baths
5
Full Baths
5
Partial Baths
N/A
Lot Size
6,000 SqFt
Year Built
1966
MLS® Number
LG26122814
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor

General Features

Property Type
Single Family Residence
MLS Number
LG26122814
Year Built
1966
Living Area (sq ft)
4,000
Living Area Source
Assessor
Lot Size (sq ft)
6,000
Lot Size (acres)
0.1377
Levels
Multi Split
Bedrooms
7
Full Baths
5
Parking Spaces
4
View
Catalina, Coastline, Panoramic, Water
Parcel Number
05603107
On Market Date
2026-06-08
Listing Terms
Standard

Interior Features

Interior Features
Balcony, Granite Counters, High Ceilings, Bedroom On Main Level, Jack And Jill Bath, Walk In Closets
Appliances
Built In Range, Dishwasher, Gas Range, Refrigerator
Flooring
Tile, Wood
Heating
Central
Cooling
None
Fireplace
Living Room
Laundry
Inside
Main Level Bedrooms
1
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls
Rooms
Family Room, Primary Bathroom, Bathroom, Kitchen, Other, Bonus Room, Living Room, Bedroom

Exterior Features

Architectural Style
Custom
Lot Features
Landscaped
Patio and Porch
Deck, Patio
Parking
Covered, Driveway
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Coast Royal (CR)
Community Features
Suburban

The record

Property History for 31381 Monterey Street

DateEventPriceNote
Sep 14, 2026 Status changed to Active Under Contract From Active
Sep 9, 2026 Price reduced $3,995,000 From $4,100,000
Jul 23, 2026 Price reduced $4,100,000 From $4,200,000
Jun 8, 2026 Listed for sale $4,200,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 31381 Monterey Street

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 06059C0438K 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, San Juan Capistrano quadrangle, released December 21, 2001. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, San Juan Capistrano quadrangle, released December 21, 2001. 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 1 of 2 residential locations in this census block. Fixed wireless: AT&T, up to 25 Mbps, at 2 of 2.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590423051023, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.8 miles away (EV Connect, 2 Level 2 ports). 34 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

Cost of ownership

Estimated monthly payment

7.32% · 30-yr fixed
$
$31,024/mo
10% down · 30-year fixed · $399,500 down
Principal & interest$24,699
Mortgage insurance (est., over 80% LTV)$1,498
Property tax (est. 1.1%)$3,662
Home insurance (rough est., varies widely)$1,165
HOANot reported, not included
$26,781/mo
20% down · 30-year fixed · $799,000 down
Principal & interest$21,954
Property tax (est. 1.1%)$3,662
Home insurance (rough est., varies widely)$1,165
HOANot reported, not included
$24,037/mo
30% down · 30-year fixed · $1,198,500 down
Principal & interest$19,210
Property tax (est. 1.1%)$3,662
Home insurance (rough est., varies widely)$1,165
HOANot reported, not included
Estimated carrying cost
$4,827/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.1%)$3,662
Home insurance (rough est., varies widely)$1,165
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.32% (week of Oct 22, 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.

Next steps

Buying 31381 Monterey Street

Want to see 31381 Monterey Street in person? We have guided buyers through Coast Royal and the wider Laguna Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 31381 Monterey Street

Thinking of selling nearby? We bring current Coast Royal sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

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.

Laguna Beach home sales, past 12 months

Homes sold
262
Median price
$3,339,500
Median days on market
35
Median per sq ft
$1,610

Recorded MLS closings of single-family homes, Oct 16, 2025 to Oct 16, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Laguna Beach sales

This home, asking 12-month median Recent sales, listed below

At $999 per square foot, this home's asking price is 38% below the Laguna Beach median of $1,610 for single-family homes that closed in the past 12 months.

Recent Laguna Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
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
477 Hill Oct 15, 2026 $2,200,000 940 $2,340 64
100 Rockledge Road Oct 14, 2026 $82,569,990 14,434 $5,721 7
634 Glenneyre Oct 14, 2026 $2,995,000 1,300 $2,304 0

Schools

Schools for 31381 Monterey Street

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

Elementary
El Morro
Middle
Thurston
High
Laguna Beach
District
Laguna Beach Unified

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

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Listed by Meital Taub of Livel Real Estate

Listing information updated Oct 22, 2026 at 9:33 PM PT. Source: CRMLS.

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