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Sold

2450 Monaco Drive sold on April 2, 2024 for $12,000,000, 11.1% below the $13,500,000 asking price after 329 days on the market; it was first listed at $15,000,000. The buyer financed the purchase. The details are below for reference.

Single Family ResidenceSold · Apr 2, 2024

2450 Monaco Drive, Laguna Beach, CA 92651

  • 4 beds
  • 4 baths
  • 3,140 sq ft
  • 0.29-acre lot
  • Built 1961

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$12,000,000

MLS# NP23037947

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

The home

About 2450 Monaco Drive

One look at the sugar-fine sand and pristine waters of Irvine Cove's secluded beach makes it easy to see why Irvine Cove is one of the most prestigious, private communities in the world. Now comes a rare opportunity to purchase a piece of this elite enclave. Perched on a large, elevated lot, this ocean-view home features four bedrooms plus a bonus room and has been freshly updated with new porcelain "wood plank" flooring, stainless-steel Viking appliances, new paint, light fixtures, hardware, air-conditioning and much more. A private atrium spa off the master bathroom, a hobby workshop, a three-car garage and a large grassy lawn (a pet's paradise) round out this fantastic home. First time on the market in 60 years!

For those looking to build their dream home in this premier community, this uniquely elevated lot is an architect's dream parcel. Prominently positioned atop a cul-de-sac and just one block back from the beach, the topography allows the opportunity to build a large, light & bright home with panoramic ocean & Catalina sunset views.

Property details for 2450 Monaco Drive

This 4-bedroom, 4-bath single-family home sits in the Irvine Cove neighborhood of Laguna Beach in Orange County. It has 3,140 square feet of living space on a 0.29-acre lot. The home was built in 1961. The MLS record lists the assessor parcel number as 053-318-05. Highlights include ocean and coastline views, a private spa, a fireplace, single-story living, a guard-gated community, and an attached three-car garage.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP23037947
Year Built
1961
Living Area (sq ft)
3,140
Living Area Source
Assessor
Lot Size (sq ft)
12,669
Lot Size (acres)
0.2908
Levels
One
Bedrooms
4
Full Baths
3
Half Baths
1
Garage Spaces
3
Parking Spaces
3
View
Catalina, Coastline, Ocean, Panoramic
HOA Dues
$10,500
HOA Frequency
Annually
HOA Name
Irvine Cove
Parcel Number
05331805
On Market Date
2023-03-08
Listing Terms
Trust
HOA fees
$875 monthly

Interior Features

Interior Features
Beamed Ceilings, Breakfast Area, Ceiling Fans, Cathedral Ceilings, Separate Formal Dining Room, Granite Counters, Living Room Deck Attached, Open Floorplan, All Bedrooms Down, Atrium, Bedroom On Main Level, Main Level Primary
Appliances
Double Oven, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Dryer, Washer
Flooring
See Remarks
Heating
Central
Cooling
Central Air
Fireplace
Family Room, Living Room
Laundry
Inside, Laundry Room
Main Level Bedrooms
4
Main Level Bathrooms
4
Common Walls
No Common Walls
Windows
Shutters
Accessibility
None

Exterior Features

Architectural Style
Traditional
Roof
Tile
Foundation
Slab
Lot Features
Back Yard, Cul De Sac, Lawn
Patio and Porch
Brick, Open, Patio
Parking
Door Multi, Door Single, Driveway Up Slope From Street, Garage, Side By Side
Fencing
Masonry, Privacy
Pool Features
None
Spa
Heated, Private
Sewer
Sewer Tap Paid
Water
Public
Condition
Updated Remodeled
Units
1

Community Features

Subdivision
Irvine Cove (IC)
Community Features
Park, Water Sports, Gated
Association Amenities
Controlled Access, Picnic Area, Playground, Tennis Courts
Security
Gated Community, Gated With Attendant

The record

Property History for 2450 Monaco Drive

DateEventPriceNote
Apr 2, 2024 Sold $12,000,000
Mar 31, 2024 Status changed to Pending From Active Under Contract
Jan 31, 2024 Status changed to Active Under Contract From Active
Oct 17, 2023 Price reduced $13,500,000 From $14,500,000
Oct 4, 2023 Status changed to Active From Hold
Oct 4, 2023 Status changed to Hold From Active
Jun 29, 2023 Price reduced $14,500,000 From $15,000,000
Mar 8, 2023 Listed for sale $15,000,000

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

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 2450 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

Fiber: AT&T, up to 5,000 Mbps, at 3 of 52 residential locations in this census block. Cable: Cox Communications, up to 2,000 Mbps, at 51 of 52. Fixed wireless: Verizon, up to 300 Mbps, at 38 of 52.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626562021, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.4 miles away (ChargePoint, 1 DC fast port). 22 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

2450 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 2450 Monaco Drive

Thinking of selling nearby? We bring current Irvine Cove 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 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

Schools for 2450 Monaco Drive

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 Dean Ledger of Emerald Bay Real Estate

Listing information updated Apr 2, 2024 at 11:36 AM PT. Source: CRMLS.

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