Showcasing panoramic views of breaking waves, the sparkling Pacific Ocean, magnificent sunsets and evening lights along the coastline, this historic 1931 cottage epitomizes quintessential Laguna Beach living. Carefully upgraded with on-trend improvements while maintaining its intrinsic charm, the three-bedroom, two-bath home offers the low-property-tax benefits of California’s Mills Act. An impeccably maintained terraced homesite of nearly 6,656 square feet displays handsome brick hardscaping, manicured landscaping and spacious outdoor living areas with ocean views in the front and rear yards. A two-garage offers parking at street level, and two large patios and a covered front porch welcome outdoor entertaining with enchanting views of Aliso Beach and the ocean. Vaulted ceilings with etched wood beams soar over most living spaces, including a fireplace-warmed living room with expansive ocean-view windows and access to the front yard, and a dining room with two French doors opening to the backyard. The kitchen retains the home’s cottage vibe while incorporating upgraded stone countertops and stainless steel appliances including a Wolf range. Enjoy casual meals in the ocean-view breakfast nook, or step out to the front patio for morning coffee and hypnotic Pacific vistas. Approximately 1,712 square feet, the open and light residence is richly detailed with hardwood and tile floors, colorful tiles at interior stairs, marble and brass in baths, recessed built-in shelving, solid interior doors and dramatic archways. One bedroom offers the advantage of private outdoor access, and another features a sitting room. Mature gardens are interwoven with brick pathways in the backyard, where ocean views embellish a patio that is perfect for parties and simple relaxation. A sought-after address within South Laguna’s Coast Royale neighborhood includes a private pathway to the beach and easy access to endless shopping and dining attractions, world-renowned art galleries, the oceanfront Montage resort, and The Ranch at Laguna Beach, a luxurious resort and golf course in picturesque Aliso Canyon.
Property Details
Property Features
Property Information:
Year Built: 1931
Stories: 2
Living Area: 1,723 SqFt
Listing Office:
Office Name: Compass
Office Phone: (949) 525-2153
Listing Agent: Nura Motal
Interior Features
Interior Information:
Flooring Type: Tile, Wood
Interior: Beamed Ceilings, Built-in Features, Stone Counters
Fireplace: Family Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Ocean, Panoramic
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Garage
Virtual/3D Tour
Virtual Tour: 31112 Monterey St
Virtual Tour
Lot Features
Lot Information:
Lot: Front Yard, Garden, Landscaped
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Cooling: Central Air
Other
Directions Information:
Directions: West Street to Left on Monterey. House of Right.
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Price Per SqFt: $2,322/SqFt
Tax Information:
Annual Amount: $11,265
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Laguna Beach, CA.
This property is $925K more than the Median Sold Price and $785/SqFt more than other homes in Laguna Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24223441
Listing Office:
Office Name: Compass
Office Phone: (949) 525-2153
Listing Agent: Nura Motal
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 11, 2017
Dec 11, 2017Home Sold
$1,925,000
Jul 17, 2015
Jul 17, 2015Home Sold
$2,102,000
Jul 12, 1999
Jul 12, 1999Home Sold
$660,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,265
$721,754
2020
$9,924
$631,517
2019
$8,587
$594,887
2018
$8,587
$542,960
2017
$7,301
$420,092
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Moulton Elementary School
29851 Highlands Ave
Distance between this listing and this school1.98 miles
Public District Grades KG-5
9
/10
Top of the World Elementary School
21601 Treetop Ln
Distance between this listing and this school2.46 miles
Public District Grades KG-5
9
/10
John S. Malcom Elementary School
32261 Charles Rd
Distance between this listing and this school2.70 miles
Public District Grades PK-5
Nearby Schools
8
/10
Thurston Middle School
2100 Park Ave
Distance between this listing and this school2.83 miles
Public District Grades 6-8
7
/10
Community Roots Academy
29292 Crown Valley Pkwy
Distance between this listing and this school3.57 miles
Public Charter Grades KG-8
7
/10
Orange County Academy of Sciences and Arts
29292 Crown Valley Pkwy
Distance between this listing and this school3.59 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Laguna Beach High School
625 Park Ave
Distance between this listing and this school2.61 miles
Public District Grades 9-12
8
/10
Dana Hills High School
33333 Golden Lantern St
Distance between this listing and this school3.66 miles
Public District Grades 9-12
9
/10
Aliso Niguel High School
28000 Wolverine Way
Distance between this listing and this school3.90 miles
The neighbors living near this home have an average income of $102,723. Most Laguna Beach, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 31112 Monterey St
What is the listing price of this property?
The listing price of 31112 Monterey St property is $4,000,000.
What type of property is this?
The property 31112 Monterey St is a house located in Laguna Beach, California, 92651.
Is this property for sale now?
Active Listing: 31112 Monterey St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,265 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 11, 2017 for $1,925,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 31112 Monterey St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 31112 Monterey St is 1,723 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 31112 Monterey St is 1931.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 31112 Monterey St in Laguna Beach, CA and zip code 92651 in the Coast Royal neighborhood. This 1,723 square foot home, which was built in 1931, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $4,000,000.
In October 2024 more than 1 listings in Laguna Beach, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 18 were sold below. The number of listings in Laguna Beach, CA increased by 10.9% between September 2024 and October 2024. Listings spent 67 days on the market in October 2024, and had a median list price of $3,075,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
Men's Tennis
Nordstrom
Chico's
Bloomingdales
California Pizza Kitchen
Bonefish Grill
Chipotle
BMW
Cadillac
Lexus
Talk/Personality
Classical
News