Irvine Cove - The New $30 Million Dollar Plus Community

Posted by Sam Smith Team on Friday, March 29th, 2013 at 9:05am.

What a difference a couple years makes for real estate in the Irvine Cove community.  In the last several months we have two homes in the Irvine Cove community listed as the most expensive homes in Laguna Beach with a brand new listing for $31.5 million dollars making Irvine Cove home to 4 homes listed over the $30 million dollar price point.  Has Irvine Cove become a $30 million dollar plus community?

Irvine Cove 30 Million Dollar Home | Laguna Beach Real Estate

All of these high end homes are located on the ocean front in the area known as Abalone Point which was originally designated to the Irvine Family.  The home where you will find the $65 million dollar ocean front home was originally one large parcel that was then divided up into 3 lots.  Home sales in the Irvine Cove has been strong in the last 12 months considering the community itself is rather small.  In the last 12 months these homes have sold in the Irvine Cove community.

2523 Monaco Drive was listed for $9,780,000 and sold for $8,200,000 on 7/20/2012.

Irvine Cove Home Sale | 2523 Monaco, Laguna Beach, CA 92651

2466 Riviera was listed for $5,495,000 and sold for $5,000,000 on 2/28/2013.

Irvine Cove Home Sale | 2466 Riviera, Laguna Beach, CA 92651

2565 Altamar was listed for $4,999,990 and sold for $4,375,000 on 9/19/2012.

Irvine Cove Home Sale | 2565 Altamar, Laguna Beach, CA 92651

2590 Monaco was listed for $4,750,000 and sold for $4,300,000 on 6/14/2012.

Irvine Cove Home Sale | 2590 Monaco, Laguna Beach, CA 92651

2538 Monaco was listed for $4,999,000 and sold for $4,250,000 on 8/1/2012.

Irvine Cove Home Sale | 2538 Monaco, Laguna Beach, CA 92651

2540 Irvine Cove was listed for $3,799,000 and sold for $3,420,000 on 11/16/2012.

Irvine Cove Home Sale | 2540 Irvine Cove, Laguna Beach, CA 92651

It will be interesting to watch these new high end listings to see what they will eventually sell for.  In any case, a new bar has been set for the Irvine Cove community and the ultra exclusive Luxury Real Estate market in Laguna Beach.  To learn more about the Irvine Cove community please contact Sam at 949-355-1622 today.  All homes are by appointment only for qualified buyers only.

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