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1 Gray Stone Way, Laguna Niguel, California 92677, Laguna Niguel, 92677 - 4 bed, 4 bath

1 Gray Stone Way, Laguna Niguel, California 92677 home-pic-0
ACTIVE$3,245,000
1 Gray Stone Way, Laguna Niguel, California 92677
4Beds
4Baths
4,005Sqft
15,288Lot
Year Built
1992
Close
-
List price
$3.25M
Original List price
$3.29M
Price/Sqft
$810
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25036682
Home ConditionGood
Features
Good View: City Lights, Hills, Ocean, Trees/Woods, Water
Deck
Patio
ViewCity Lights,Hills,Ocean,Trees/Woods,Water

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.25M(93th), sqft - 4005(93th), beds - 4(50th), baths - 4(83th).

PRICE REDUCED!! Shop and compare to comp across the street that just closed at $4.3Mil. This is a Semi Custom home is situated on an 15,288 sq. ft. Estate size and very private corner lot, a combination of luxury & sophistication! Located behind the prestigious 24 hr. guard gated community of Bear Brand-Ocean Ranch. This stately 4 Bedroom, 4 Bathroom, 4,005 sq. ft. The 3 car garage has custom built in cabinets, & has updated Perkins custom epoxy coating on the garage floor. This home features soaring ceilings, in the formal living & dining room. Lots of windows, add lots of natural light! The dual staircases are sure to impress. Entertain your guests at your private wet bar in the family room. Gorgeous custom wide plank Russian Oak flooring, throughout most of downstairs & upstairs. The main floor guest bedroom/office with generous closet & in-suite full bath. The chef's kitchen, has dual ovens, dual dishwasher's, sub zero refrigerator, large island with prep sink, gas cook top with down draft. Step in pantry. This open concept, opens to the family room & fireplace. Enjoy the 4 fireplaces, on cold evenings. LifeSource water purification system & central vac system. 2 Newer A/C unit's (3 & 4 ton).The spacious master/main suite, includes a cozy sitting area with fireplace & views of the beautiful foliage & solar lit back yard. Step out onto your private balcony. You will love the bedroom size walk in closet! And, separate jetted tub & shower. The upstairs bonus room and, guest bedrooms all have Ocean View! Back yard features an outdoor fireplace, built-in BBQ, pergola with beautiful vines, for added shade. Plenty of areas, for entertaining. Add your own private pool & spa, if desired. Or, just a short walk to the HOA, pool's, sport court, & tot lot, just a few short streets down. You are sure to enjoy all that this community has to offer. Conveniently located just minutes from Dana Point Harbor, Monarch Beach, golf, local trolly system, 5 Star Hotel's, Mission San Juan Capistrano, the new River Walk with shopping & dining. Walk to Ocean Ranch shops, restaurants, grocery, movie theatre, gym, and much more. Welcome Home!!

Nearby schools

9/10
John Malcom Elementary School
Public,•K-5•0.7mi
7/10
Niguel Hills Middle School
Public,•6-8•2.9mi
8/10
Dana Hills High School
Public,•9-12•1.4mi
Condition Rating
Good
Built in 1992, this property has undergone significant and high-quality renovations, particularly in the kitchen and bathrooms. The 'chef's kitchen' features dual ovens, dual dishwashers, a Sub-Zero refrigerator, and a large island, all appearing modern and well-maintained in the images. Bathrooms also show updated fixtures, vanities, and tiling. The description highlights 'Gorgeous custom wide plank Russian Oak flooring' throughout and '2 Newer A/C unit's,' indicating substantial investment in major systems and aesthetics. While not a brand-new build or fully renovated within the last 5 years, these extensive updates make the property move-in ready with minimal wear and tear, aligning well with the 'Good' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: John Malcom Elementary School (9/10).
Prime Gated Community & Location: Situated in the prestigious 24-hour guard-gated Bear Brand-Ocean Ranch, offering security, exclusivity, and exceptional walkability to local amenities, shops, and dining, plus proximity to beaches and Dana Point Harbor.
Expansive & Private Corner Lot: Features a substantial 15,288 sq. ft. estate-sized corner lot, providing superior privacy and significant outdoor living potential.
Luxurious Interior Appointments: Showcases high-end finishes including soaring ceilings, dual staircases, custom wide plank Russian Oak flooring, a private wet bar, and four fireplaces, contributing to a sophisticated ambiance.
Gourmet Chef's Kitchen: Equipped with a chef's kitchen featuring dual ovens, dual dishwashers, a Sub-Zero refrigerator, a large island with a prep sink, and a gas cooktop, ideal for culinary enthusiasts.
Ocean Views & Updated Systems: Offers desirable ocean views from upstairs rooms, complemented by practical updates such as two newer A/C units, a LifeSource water purification system, and a central vacuum.

Cons

Lack of Private Pool/Spa: Despite the large lot, the property does not include a private pool or spa, which may be expected by buyers at this price point, though community amenities are available.
Perceived Overpricing: The current list price of $3.245M is notably higher than the property's estimated value of $2.674M and recent comparable sales, potentially impacting market competitiveness and buyer interest.
High Monthly HOA Dues: The $450 monthly association fee is a significant recurring cost that could be a consideration for prospective buyers.

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