1401 Bounty Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 4 bath
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Laguna Beach, California 92651
This Stunning Move-In Ready Home is listed at $5,995,000, representing a stable entry point aligned with its $5,867,723 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a 619-square-foot expansion, a Remodeled Chef’s Kitchen, and Panoramic Ocean Views of Catalina Island. Situated in the prestigious Mystic Hills and served by the top-rated Laguna Beach Unified Schools, this property blends high-end coastal design with functional luxury. It is the perfect fit for luxury-seeking families or Owner-Occupants desiring a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 Bounty Way Subject | $5,495,000* List Price | 5 | 4 | 3,332 | $1,649 | - |
A 1598 Skyline Drive Sold | $4,225,000 | 3 | 4 | 3,543 | $1,192 | 0.3 mi |
B 1015 Madison Place Sold | $4,800,000 | 4 | 4 | 2,897 | $1,657 | 0.7 mi |
C 604 Catalina Sold | $3,975,000 | 3 | 2 | 2,516 | $1,580 | 0.6 mi |
D 461 Poplar Street Sold | $4,800,000 | 4 | 4 | 2,543 | $1,888 | 0.8 mi |
E 1651 Thurston Dr Sold | $3,990,517 | 3 | 4 | 2,272 | $1,756 | 0.4 mi |
F 432 Holly Street Sold | $5,300,000 | 4 | 5 | 3,290 | $1,611 | 0.9 mi |
G 1955 San Remo Drive Active | $5,995,000 List Price | 5 | 5 | 3,235 | $1,853 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively renovated and reimagined within the last year, featuring a fully remodeled chef's kitchen with high-end stainless steel appliances, waterfall-edge stone countertops, and a full-height backsplash. The bathrooms are updated with modern fixtures and trendy herringbone tile work. The home features new wide-plank flooring throughout, a newer roof (2022), and updated electrical components like a Tesla charger. Despite the 1995 build date, the recent expansion and complete interior overhaul meet the highest quality standards with no deferred maintenance.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property boasts exceptional, unobstructed views of the Pacific Ocean, Catalina Island, and twinkling city lights, a premier feature that significantly enhances its market value in Mystic Hills.
Recently reimagined with a 619-square-foot expansion, the home features a remodeled chef’s kitchen, updated bathrooms, new flooring, and a 2022 roof, offering a turn-key luxury experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3332, other record living area = 2713. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The current list price represents a significant premium over its 2025 sale price of $4.125M, which may invite intense buyer scrutiny regarding the total value added by the recent expansion and renovations.
With three of the five bedrooms and key utility spaces like the gym and office located on the lower level, the split-level design may not appeal to buyers seeking a more unified single-floor footprint.
Panoramic ocean views, twinkling city lights, and breathtaking Catalina sunsets set the tone for this beautifully expanded and reimagined Laguna Beach residence. Now offering an additional 619 square feet, the home has been thoughtfully enhanced with a remodeled kitchen, updated bathrooms, new flooring, and an expanded floorplan that includes 5 bedrooms, a dedicated gym, and a private office. Living primarily like a single-level home, the main floor is centered around a sophisticated open-concept design with a spacious great room, dining area, and beautifully updated kitchen, all designed to capture the home’s remarkable coastal backdrop. Also on the main level is a secondary bedroom and a stunning primary suite complete with a private balcony and sweeping ocean views. The lower level provides exceptional flexibility, with additional three bedrooms, office and gym opening to a serene backyard patio. Additional highlights include a Tesla charger, a newer roof installed in 2022, and the rare opportunity to enjoy refined coastal living in one of Laguna Beach’s most sought-after settings. Living here means enjoying the very best of Laguna Beach, renowned beaches, exceptional dining, luxury resorts, art galleries, and a lifestyle that is as inspiring as the views themselves.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.4 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 3,332 | 2,120 | 87% |
| Lot Size | 8,460 | 6,125 | 77% |
| Price | $5.50M | $3.20M | 83% |
| Price per sq ft | $1.6K | $1.6K | 57% |
| Built year | 1995 | 1964 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 171 | 10% |
Jun 1, 2026
$5,495,000
$5,700,000
-4% Price Drop
Initial Listing
Apr 14, 2026
$5,700,000
$5,995,000
-5% Price Drop
Initial Listing
Mar 27, 2026
$5,995,000
Initial Listing
Feb 11, 2025
$4,125,000
Public Record