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1475 Regatta Road, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath

1475 Regatta Road, Laguna Beach, California 92651 home-pic-0
ACTIVE$1,599,000
1475 Regatta Road, Laguna Beach, California 92651
3Beds
2Baths
1,811Sqft
7,888Lot

Price Vs. Estimate

The estimated value ($1,538,055.105) is $60,944.895 (3%) lower than the list price ($1,599,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7888, living area = 1811.
Top Cons:
Extensive Renovation Required: Explicitly described as a 'fixer-upper' with the kitchen 'ready for a makeover,' indicating a substantial investment in time and capital for necessary updates.

Compared to the nearby listings

Price:$1.60M vs avg $3.10M ($-1,496,000)4%
Size:1,811 sqft vs avg 2,015.5 sqft43%
Price/sqft:$883 vs avg $1.6K1%

More Insights

Built in 1962 (63 years old).
Condition: The property, built in 1962, is explicitly described as a 'fixer-upper' with the 'kitchen ready for a makeover.' The provided images confirm this, showing the interior completely gutted to the studs, with exposed framing, subflooring, and rough plumbing/electrical. There are no finished kitchens or bathrooms to evaluate, as they are in a state of demolition. This indicates that all major systems and finishes require substantial repairs and rehabilitation, making the property currently unlivable and aligning with the 'poor' condition criteria.
Year Built
1962
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$883
HOA
-
Days on market
-
Sold On
-
MLS number
OC24224611
Home ConditionPoor
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Charming Fixer-Upper with Endless Potential! Welcome to this delightful property, brimming with character and opportunity! Nestled in the quiet Bluebird Canyon neighborhood, this fixer-upper offers a canvas for your creative vision. With 3 bedrooms and 2 bathrooms, this home features a spacious layout that invites you to reimagine each room. Step inside to discover an open canvas, large windows, and an amazing lot! The open-concept living area is perfect for entertaining, while the yard backing to the canyon provides additional flexibility. The kitchen is ready for a makeover, offering ample space for modern updates. The backyard is a blank slate, ideal for gardening or outdoor gatherings, and the three-tier lot adds to the property’s charm. Located just minutes from downtown Laguna Beach, this home is a fantastic opportunity for investors or DIY enthusiasts. With a little imagination and effort, you can transform this diamond in the rough into your dream home. Don’t miss out on this incredible chance to invest in a property with so much potential. Schedule a showing today and bring your vision to life!

Nearby schools

9/10
Top Of The World Elementary School
Public,•K-5•0.5mi
9/10
Thurston Middle School
Public,•6-8•0.7mi
9/10
Laguna Beach High School
Public,•9-12•1.1mi
Condition Rating
Poor
The property, built in 1962, is explicitly described as a 'fixer-upper' with the 'kitchen ready for a makeover.' The provided images confirm this, showing the interior completely gutted to the studs, with exposed framing, subflooring, and rough plumbing/electrical. There are no finished kitchens or bathrooms to evaluate, as they are in a state of demolition. This indicates that all major systems and finishes require substantial repairs and rehabilitation, making the property currently unlivable and aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7888, living area = 1811.
Great Schools: Elementary School: Top Of The World Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Prime Location: Nestled in the quiet Bluebird Canyon neighborhood, the property is just minutes from downtown Laguna Beach, offering desirable coastal living.
Significant Value-Add Potential: Marketed as a 'fixer-upper' and 'diamond in the rough,' this property presents an excellent opportunity for investors or DIY enthusiasts to customize and increase value.
Generous & Unique Lot: Features an 'amazing lot' with a 'three-tier' design backing to the canyon, providing privacy, flexibility, and ample space for outdoor development.
Strong School District: Located within the highly-rated Laguna Beach Unified School District, with all local schools (Elementary, Middle, High) boasting a 9/10 rating.
Spacious Layout: The home offers a 'spacious layout' and 'open-concept living area,' providing a solid foundation for modern reimagination and entertaining.

Cons

Extensive Renovation Required: Explicitly described as a 'fixer-upper' with the kitchen 'ready for a makeover,' indicating a substantial investment in time and capital for necessary updates.
Older Construction: Built in 1962, the property is likely to require updates to major systems (e.g., plumbing, electrical, HVAC) in addition to cosmetic renovations.
Limited Premium Views: While offering a 'Trees/Woods' view, the property lacks the highly coveted panoramic ocean or city light views that typically command top-tier pricing in Laguna Beach.

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