31112 Monterey Street, Laguna Beach, CA 92651

$4,000,000 Asking Price

3 beds
2 baths
1,723  sqft
Built in 1931

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.

Features & Amenities

Interior

General:
Beamed Ceilings,Built-in Features,Stone Counters
Laundry:
Inside,Laundry Closet
Flooring:
Tile,Wood
A/C:
true, Central Air
Fireplace:
Family Room, Fireplace

Exterior

General:
None
Pool:
None
Parking:
Garage, Parking spaces: 2

Construction

General:
2

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Laguna Beach Unified
County:
Orange

Lot

Zoning:
05604234
View:
Ocean,Panoramic, View

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Compass, Nura Motal

About Laguna Beach, CA

Housing

Number of Units
13,346
Median Home Value
$1,154,579
Median Rent
$2,022

35.96% of housing units are renter occupied.

16.92% are vacant.

Commute

Car
46.64%
Public Transportation
0.79%
Walk to Work
2.47%
Work from Home
49.25%
Other
0.64%

The median travel time to work is 15 minutes.

People

Population
24,228
Median Age
53.90
Median Household Size
2.47

Education

High School
8.52%
Associate’s Degree
5.97%
Bachelor’s Degree
38.41%
Graduate Degree
30.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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