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2460 Monaco Drive
About This Property
Walls of glass slide away completely, dissolving boundaries between indoors and out to create a seamless connection from the courtyard through the main living areas. Light and landscape play across cast-in-place concrete and wood, grounding the home in its coastal setting while framing curated ocean views.
Anchoring the residence, a showcase kitchen with Gaggenau and Bosch appliances pairs with a concealed prep kitchen-designed for both relaxed daily living and elevated entertaining. Open-concept spaces invite connection while maintaining architectural drama, all oriented toward sunlit terraces and resort-style amenities.
Further along on the main level, the primary suite delivers calm sophistication with ocean glimpses, a sculptural fireplace, automated wood privacy screens, and a spa-level bath illuminated by a glass-ceiling steam shower. Below, lifestyle and wellness take priority with an indoor/outdoor gym, private sauna, and steam facilities designed for daily rejuvenation.
Located on the northern end of Laguna Beach, Irvine Cove offers 24-hour guard-gated privacy, tennis courts, an oceanfront park, and coveted private access to Irvine Cove Beach.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | Price Decreased |
$27,950,000
↓ $2M
(6.8%) | |
| Price Decreased | |||
| Nov 6, 2025 | Listed by Coldwell Banker Realty | $29,975,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 5, 2025 | Listed | $29,975,000 | |
| Listed | |||
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An architectural tour de force located within the ultra-premier southern California beach community of Irvine Cove, a sought-after enclave acclaimed for its exclusivity and pristine sandy beach. The home, designed by renowned Horst Architects, deftly blends mid-century lines with contemporary stylings. Simplicity makes a bold statement with the clean white box framing the home. The entry sequence for this home is dramatic with steps ascending along the infinity edge pool, leading to a spacious outdoor dining area accented with an extended linear fire feature, followed by steps over the pool via floating concrete pads, then approaching the large pivot entry door.
Oversized sliding glass doors pocket completely away to dissolve the physical boundaries between interior and exterior, creating an uninterrupted flow from the central courtyard through the main living space to the pool area, all against the panoramic backdrop of the Pacific Ocean. Massive walls of cast concrete are a counterpoint to the structure's strong horizontal lines, imbuing the house with strength and permanence.
The heart of the home is adorned with a gourmet kitchen with Gaggenau and Bosch appliances, complete with a separate prep kitchen, perfect for culinary enthusiasts. The open concept great room seamlessly combines the kitchen, family, and living room, creating an inviting space for relaxation and entertainment, surrounded by ocean vistas and the luxurious infinity edge pool. The dramatic primary suite is a true sanctuary, with sliding wood privacy shades, an opulent fire feature, and a luxurious bathroom with a massive, oversized shower area with a glass ceiling for moments of pure tranquility. For health enthusiasts, there is an indoor/outdoor gym area with an adjacent sauna and steam shower.
Located in the northernmost end of Laguna Beach, Irvine Cove is a 24-hour guard-gated community of approximately 110 homes. Residents of Irvine Cove enjoy association tennis courts, an oceanfront park and private access to the spectacular Irvine Cove Beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017