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 four 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.
Property Details
Price:
$4,200,000
MLS #:
LG26122814
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Coast Royal CR
Neighborhood:
slsouthlaguna
Listed Date:
Jun 8, 2026
Finished Sq Ft:
4,000
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1966
See this Listing
Schools
School District:
Laguna Beach Unified
Elementary School:
El Morro
Middle School:
Thurston
High School:
Laguna Beach
Interior
Appliances
DW, RF, GR, BIR
Bathrooms
4 Full Bathrooms
Cooling
NO
Flooring
TILE, WOOD
Heating
CF
Interior Features
GRNC, LRBA, BL, HCEL
Laundry Features
IN
Levels
S
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
CB
Common Walls
NCW
Community Features
SUB
Parking Spots
4
Parking Total
4
Patio And Porch Features
DK, PTO
Spa Features
NO
View
CA, CO, PA, WA, WW
Financial
Map
Community
- Address31381 Monterey ST Laguna Beach CA
- SubdivisionCoast Royal (CR)
- CityLaguna Beach
- CountyOrange
- Zip Code92651
Subdivisions in Laguna Beach
- Alta Vista AV
- Arch Beach Heights ABH
- Blue Lagoon BL
- Canyon CYN
- Coast Royal CR
- Crown Point CP
- CUST
- Emerald Bay EB
- Irvine Cove IC
- Laguna Ocean Vista Condos LOV
- Laguna Royale LAR
- Laguna Terrace Mobile PkLT
- Lagunita LA
- Lower Bluebird LB
- Main Beach BCH
- Montage Beach Villas MNBV
- Mystic Hills MH
- North Laguna NL
- Ocean Vista Custom OV
- Portafina PF
- Rancho Laguna RL
- Smithcliffs SMC
- South Laguna Bluffs SLB
- South Laguna Village SLV
- Summit Ridge SR
- Temple Hills TH
- Terraces Laguna Beach TER
- The Village VIL
- Three Arch Bay TAB
- Top Of The World TOW
- Upper Diamond UD
- Upper Victoria Beach UVB
- Victoria Beach VB
- Woods Cove WC
Market Summary
Current real estate data for Single Family in Laguna Beach as of Jun 14, 2026
457
Single Family Listed
124
Avg DOM
957
Avg $ / SqFt
$3,028,803
Avg List Price
Property Summary
- Located in the Coast Royal (CR) subdivision, 31381 Monterey ST Laguna Beach CA is a Single Family for sale in Laguna Beach, CA, 92651. It is listed for $4,200,000 and features 7 beds, 4 baths, and has approximately 4,000 square feet of living space, and was originally constructed in 1966. The current price per square foot is $1,050. The average price per square foot for Single Family listings in Laguna Beach is $957. The average listing price for Single Family in Laguna Beach is $3,028,803.
Similar Listings Nearby
31381 Monterey ST
Laguna Beach, CA


