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Sold for $12,000,000
  • Listed by: Emerald Bay Real Estate • Dean Ledger • Contact: 949-222-0977
    Bought with: HomeSmart Evergreen Realty
    $12,000,000

    2450 Monaco Dr, Laguna Beach, CA 92651

    4beds
    3,140sqft
    Single Family Residence
    Built in 1961
    0.29 Acres Lot
    $14,130,400 Zestimate®
    $3,822/sqft
    $36,505 Estimated rent

    Home value

    $14,130,400

    $12.29M - $16.39M

    $36,505/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dean Ledger DRE #01154116 949-222-0977,

    Emerald Bay Real Estate

    Bought with:

    Linda Chan, DRE #01908502

    HomeSmart Evergreen Realty

    Source: CRMLS,MLS#: NP23037947MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 4
    • Main level bedrooms: 4
    Rooms
    • Room types: Atrium, Bonus Room, Bedroom, Family Room, Living Room, Primary Bedroom, Retreat, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Dual Sinks, Tile Counters, Tub Shower, Vanity
    Kitchen
    • Features: Granite Counters, Kitchen Island
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, Living Room Deck Attached, Open Floorplan, All Bedrooms Down, Atrium, Bedroom on Main Level, Main Level Primary
    • Flooring: See Remarks
    • Windows: Shutters
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,140 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Door-Single, Driveway Up Slope From Street, Garage, Side By Side
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Brick, Open, Patio
    • Pool features: None
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Masonry,Privacy
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Coastline,Ocean
    • Waterfront features: Beach Access, Ocean Side Of Highway
    Lot
    • Size: 0.29 Acres
    • Features: Back Yard, Cul-De-Sac, Lawn
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 05331805
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Water Sports, Gated
    • Security: Gated Community, Gated with Attendant
    • Subdivision: Irvine Cove (Ic)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Picnic Area, Playground, Tennis Court(s)
    • HOA fee: $10,500 annually
    • HOA name: Irvine Cove
    • HOA phone: 949-248-3878
    Location
    • Region: Laguna Beach

    Financial & listing details

    • Price per square foot: $3,822/sqft
    • Tax assessed value: $12,240,000
    • Annual tax amount: $125,384
    • Date on market: 3/8/2023
    • Cumulative days on market: 329 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: Washer/Dryer, Refrigerator
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/2/2024Sold$12,000,000-11.1%$3,822/sqft
    Source: CRMLS #NP23037947 Report a problem
    3/31/2024Pending sale$13,500,000$4,299/sqft
    Source: CRMLS #NP23037947 Report a problem
    1/31/2024Contingent$13,500,000$4,299/sqft
    Source: CRMLS #NP23037947 Report a problem
    10/17/2023Price change$13,500,000-6.9%$4,299/sqft
    Source: CRMLS #NP23037947 Report a problem
    10/4/2023Listed for sale$14,500,000$4,618/sqft
    Source: CRMLS #NP23037947 Report a problem
    4/11/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/23/2021Price change$19,000-13.6%$6/sqft
    Source: Zillow Rental Manager Report a problem
    12/8/2020Listed for rent$22,000$7/sqft
    Source: Emerald Bay Real Estate #NP20252836 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$125,384 +0.8%$12,240,000 +2%
    2024$124,353 +2491.3%$12,000,000 +3334.6%
    2023$4,799 +3.2%$349,381 +2%
    2022$4,648 +4.9%$342,531 +2%
    2021$4,429 +2.6%$335,815 +1%
    2020$4,317 $332,372 +2%
    2019$4,317 +2.4%$325,855 +2%
    2018$4,217 +5%$319,466 +2%
    2017$4,017 $313,202 +2%
    2016$4,017 +2.4%$307,061 +1.5%
    2015$3,922 +2.5%$302,449 +2%
    2014$3,825 $296,525 +0.5%
    2013-- $295,185 +2%
    2012-- $289,398 +2%
    2011-- $283,724 +0.8%
    2010-- $281,604 -0.2%
    2009-- $282,274 +2%
    2008-- $276,740 +2%
    2007-- $271,314 +2%
    2006-- $265,995 +2%
    2005-- $260,780 +2%
    2004-- $255,667 +1.9%
    2003-- $250,982 +2%
    2002-- $246,061 +2%
    2001$3,026 +4.8%$241,237 +2%
    2000$2,887 $236,507
    Find assessor info on the county website

    Neighborhood: 92651

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: El Morro
    • Middle: Thurston
    • High: Laguna Beach

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $14,130,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $14,130,400