Sold
2538 MONACO Drive sold on August 1, 2012 for $4,250,000, 15% below the $4,999,000 asking price after 545 days on the market; it was first listed at $6,500,000. The buyer paid cash. The details are below for reference.
2538 MONACO Drive, Laguna Beach, CA 92651
- 3 beds
- 3 baths
- 2,600 sq ft
- 0.25-acre lot
- Built 1961
Own 2538 MONACO Drive? Request a free home valuation to see what it is worth today.
$4,250,000
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.
This home has a newer listing: MLS NP22002683 (Sold).
The home
About 2538 MONACO Drive
A relaxed setting in one of California's most desirable, private oceanfront communities is home to this renovated period residence with blue water and sunset views. Set amongst the most valuable residential real estate in Orange County, this mid-century home occupies a premium parcel; quiet, secluded, and in close proximity to the scenic private beach. Irvine Cove is a private oceanfront community set behind 24-hour guarded gates at the northern end of Laguna Beach. A magnificent private cove is the centerpiece of this small enclave and residents here enjoy its unique seclusion, privacy and views.
Property details for 2538 MONACO Drive
This 3-bedroom, 3-bath single-family home sits in the Irvine Cove neighborhood of Laguna Beach in Orange County. It has 2,600 square feet of living space on a 0.25-acre lot. The home was built in 1961. The MLS record lists the assessor parcel number as 053-316-11. Highlights include ocean and mountain views, a fireplace, a two-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- U11000418
- Year Built
- 1961
- Builder Model
- Custom
- Living Area (sq ft)
- 2,600
- Living Area Source
- Public Records
- Lot Size (sq ft)
- 11,000
- Lot Size (acres)
- 0.253
- Levels
- Multi Split
- Bedrooms
- 3
- Full Baths
- 2
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Mountains, Ocean
- HOA Dues
- $550
- Parcel Number
- 05331611
- Listing Terms
- Standard
Interior Features
- Interior Features
- Separate Formal Dining Room
- Flooring
- Tile, Wood
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Electric, Gas, Wood Burning
- Common Walls
- No Common Walls
Exterior Features
- Roof
- Composition, Shingle
- Construction
- Concrete, Wood Siding
- Pool Features
- None
- Spa
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Utilities
- Sewer Connected
Community Features
- Subdivision
- Irvine Cove (IC)
The record
Property History for 2538 MONACO Drive
| Date | Event | Price | Note |
|---|---|---|---|
| May 6, 2022 | Sold | $20,150,000 | Compass |
| Jul 3, 2019 | Sold | $13,000,000 | Compass |
| Aug 1, 2012 | Sold | $4,250,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 2538 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 1.2 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
2538 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.
Selling near 2538 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.
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
| Address | Closed | Price | Sq ft | Per sq ft | Days 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 |
See homes for sale in Irvine Cove Laguna Beach housing market
Schools
School District for 2538 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 Tad Baltzer of HOM Real Estate Group, Inc
Listing information updated Apr 30, 2021 at 8:03 AM PT. Source: CRMLS.
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.