
Sold
2538 Monaco Drive sold on May 6, 2022 for $20,150,000, 22.5% below the $26,000,000 asking price after 91 days on the market. The buyer paid cash. The details are below for reference.
2538 Monaco Drive Laguna Beach, CA 92651
SubdivisionIrvine Cove

About 2538 Monaco Drive
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 cool living at its finest. Having just undergone a seamless upgrade and expansion staying true to the integrity of the existing property’s architectural que’s, this approximately 4250 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 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 communities 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.
2538 Monaco Drive, Laguna Beach
- Price
- $20,150,000
- Days On Site
- N/A
- Bedrooms
- 5
- Inside Area (SqFt)
- 4,200 sqft
- Total Baths
- 5
- Full Baths
- 5
- Partial Baths
- N/A
- Lot Size
- 0.2525 Acres
- Year Built
- 1961
- MLS® Number
- NP22002683
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $666.67 monthly
- Sq Ft Source
- Estimated
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP22002683
- Year Built
- 1961
- Living Area (sq ft)
- 4,200
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 11,000
- Lot Size (acres)
- 0.2525
- Levels
- One
- Bedrooms
- 5
- Full Baths
- 5
- Garage Spaces
- 2
- Parking Spaces
- 5
- View
- Catalina, Ocean
- HOA Dues
- $8,000
- HOA Frequency
- Annually
- HOA Name
- Irvine Cove
- Parcel Number
- 05331611
- On Market Date
- 2022-01-14
- Listing Terms
- Standard
Interior Features
- Interior Features
- Main Level Primary, Primary Suite, Walk In Closets
- Cooling
- Central Air
- Fireplace
- Bath, Living Room, Primary Bedroom, Outside
- Laundry
- Inside
- Main Level Bedrooms
- 5
- Main Level Bathrooms
- 5
- Common Walls
- No Common Walls
Exterior Features
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Private
- Units
- 1
Community Features
- Subdivision
- Irvine Cove (IC)
- Community Features
- Suburban
- Association Amenities
- Fire Pit, Barbecue, Picnic Area
Schools
- School District
- Laguna Beach Unified
Property Details for 2538 Monaco Drive
This 5-bedroom, 5-bath single-family home sits in the Irvine Cove neighborhood of Laguna Beach in Orange County. It offers 4,200 square feet of living space. The home was built in 1961. The MLS record lists the assessor parcel number as 053-316-11. Highlights include ocean and Catalina views, a fireplace, single-story living, a two-car garage, a 0.25-acre lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Property History
2538 Monaco Drive was listed for sale on January 14, 2022 at $26,000,000.
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.
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Listed by Rex McKown of Compass
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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