31381 Monterey Street

Laguna Beach, CA
$ 3,995,000 Beds 7 Baths 5 Sq 4,000
Monthly Estimate* How much can I afford?

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.

Active Under Contract

  • Price
  • $ 3,995,000
  • City
  • Laguna Beach
  • Bedrooms
  • 7
  • Full Bathrooms
  • 5
  • County
  • Orange
  • Half Bathrooms
  • 0
  • Area
  • South Laguna
  • Lot Size
  • 0.1377 Acres
  • Zip
  • 92651
  • Sqr Footage
  • 4,000
  • Year Built
  • 1966
  • Style
  • MLS#
  • LG26122814
Listed By: Meital Taub with Livel Real Estate; 949-922-9552
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 4000
Sewer Public Sewer
Heating Central
Cooling None
Possession Close Of Escrow
Appliances Built-In Range,Dishwasher,Gas Range,Refrigerator
Patio/Porch Features Deck,Patio
Architectural Style Custom
Pool Features None
Year Built 1966
View Catalina,Coastline,Panoramic,Water
Levels Multi/Split
Property Subtype Single Family Residence
Community Features Suburban
County Orange
New Construction false
Property Type Residential
HOA false
Subdivision Name Coast Royal (CR)
Garage Y/N false
Full Baths 5
Special Listing Conditions Standard
Status Active Under Contract
Directions From PCH turn onto West St, Left on Monterey St, Home is on the Left.
High School Laguna Beach
City Laguna Beach
Entry Location Monterey
Senior Community Y/N false
High School District Laguna Beach Unified
Open Parking Spaces 2
Number Of Units Total 1
MLS Area SL - South Laguna
Lot Size Units Square Feet
Lot Size Square Feet 6000
Carport Spaces 2
Carport Y/N true
Listing Terms Cash,Cash to New Loan
Spa Features None
Elementary School El Morro
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Thurston
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 98
Property Sub Type Additional Single Family Residence
PostalCity LAGUNA BEACH

Interior Features

Interior Amenities Balcony,Granite Counters,High Ceilings,Bedroom on Main Level,Jack and Jill Bath,Walk-In Closet(s)
Flooring Tile,Wood
Fireplace Features Living Room
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Total Bedrooms 7
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
LivingAreaSource Assessor
Total Baths 5

Exterior Features

Parking Features Covered,Driveway
Lot Features Landscaped
Water Source Public
Total Parking 4
Lot Size Area 6000
Spa false
Lot Size Acres 0.1377
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School El Morro Elementary School
Middle School Thurston Middle School
High School Laguna Beach High School

Price History

6/9/2026 Listed $4,200,000
7/23/2026 2% - $4,100,000
9/9/2026 3% - $3,995,000

Property vs Zip Code Average in 92651

Price
AVG $8.85M
$4M
Year Built
AVG 1976
1966

Areas That We Cover

31381 Monterey Street Laguna Beach, CA is a Single Family Home for sale at $3995000 with 4000 sqft and a lot size of 0.1377 Acres Acre(s). 31381 Monterey Street Laguna Beach has 7 bedrooms, 5 baths and was built in 1966. The property's zip code is 92651 which is in Laguna Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.