1500 Caribbean Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

1500 Caribbean Way, Laguna Beach, California 92651 home-pic-0
ACTIVE$3,850,000
1500 Caribbean Way, Laguna Beach, California 92651
3Beds
3Baths
3,038Sqft
10,400Lot

Price Vs. Estimate

The estimated value ($3,387,629.02) is $462,370.98 (12%) lower than the list price ($3,850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
Limited Views: The property is described as having 'Neighborhood' views, lacking the panoramic ocean, coastline, or city light views that are highly prized and common among comparable properties in Laguna Beach.

Compared to the nearby listings

Price:$3.85M vs avg $3.12M (+$725,000)65%
Size:3,038 sqft vs avg 2,018 sqft75%
Price/sqft:$1.3K vs avg $1.6K30%

More Insights

Built in 1996 (29 years old).
Condition: Built in 1996, this property is 28 years old. However, the listing description highlights 'opulent amenities,' 'top-notch finishes,' 'meticulously hand-crafted millwork,' and 'professional-grade appliances' in the kitchen. The primary suite boasts a 'spa-like bathroom,' and secondary bedrooms feature a 'designer bathroom with dual sinks and a glass shower enclosure.' The images confirm a well-maintained interior with modern-looking kitchen cabinetry, stainless steel appliances, and updated bathroom fixtures and tiling. While not explicitly stated as 'recently renovated' within the last 5 years, the high-end features and excellent condition of the kitchen and bathrooms, along with the overall aesthetic, indicate that the property is move-in ready with no immediate renovations required, and has likely undergone significant updates or been exceptionally well-maintained to a contemporary standard within the last 5-15 years. This aligns well with the 'Good' criteria.
Year Built
1996
Close
-
List price
$3.85M
Original List price
$3.85M
Price/Sqft
$1,267
HOA
-
Days on market
-
Sold On
-
MLS number
LG25043389
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Situated in the prestigious Mystic Hills neighborhood of Laguna Beach, this 3,038 square foot custom home, mostly single level, boasts opulent amenities and abundant space for entertaining. Luxury defines the three-bedroom, two-and-a-half bath residence, showcasing top-notch finishes, ranging from meticulously hand-crafted millwork to skylights that enhance the overall aesthetic. The well-thought-out floorplan seamlessly blends indoor and outdoor living, creating an inviting atmosphere. French doors open to the outdoors, allowing for a harmonious connection between the interior and the serene surroundings. The bright living space is adorned with shiplap wall accents, elegant tray ceilings, and walls of windows that bathe the room in natural light, adding to the welcoming ambiance. Additionally, the residence celebrates a private rear entertainment area embellished with custom landscaping, providing a secluded outdoor haven where one can unwind in style, surrounded by the beauty of carefully curated natural elements. All will delight in the entertainer's kitchen, boasting professional-grade appliances and a convenient breakfast bar where culinary creations can be enjoyed with friends and loved ones. The primary suite serves as a tranquil oasis, featuring a spa-like bathroom, a dedicated vanity area, and a well-appointed walk-in closet, providing a luxurious retreat within the home. Two secondary bedrooms share a designer bathroom with dual sinks and a glass shower enclosure, reflecting a commitment to both functionality and style. Conveniently located near Laguna's Village, renowned restaurants, galleries, and beaches, this home epitomizes coastal living in Laguna Beach. Its elevated stylings, premier location, and meticulous attention to detail make it a standout choice for those seeking the essence of refined living in this coastal paradise.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.1mi
9/10
El Morro Elementary School
Public,K-52.5mi
9/10
Thurston Middle School
Public,6-80.4mi
9/10
Laguna Beach High School
Public,9-120.6mi
Condition Rating
Good

Built in 1996, this property is 28 years old. However, the listing description highlights 'opulent amenities,' 'top-notch finishes,' 'meticulously hand-crafted millwork,' and 'professional-grade appliances' in the kitchen. The primary suite boasts a 'spa-like bathroom,' and secondary bedrooms feature a 'designer bathroom with dual sinks and a glass shower enclosure.' The images confirm a well-maintained interior with modern-looking kitchen cabinetry, stainless steel appliances, and updated bathroom fixtures and tiling. While not explicitly stated as 'recently renovated' within the last 5 years, the high-end features and excellent condition of the kitchen and bathrooms, along with the overall aesthetic, indicate that the property is move-in ready with no immediate renovations required, and has likely undergone significant updates or been exceptionally well-maintained to a contemporary standard within the last 5-15 years. This aligns well with the 'Good' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Prestigious Location: Situated in the highly sought-after Mystic Hills neighborhood, offering convenient access to Laguna's Village, renowned restaurants, galleries, and beaches, epitomizing coastal living.
High-End Finishes & Design: The residence boasts opulent amenities, top-notch finishes, meticulously hand-crafted millwork, skylights, shiplap wall accents, and elegant tray ceilings, enhancing its aesthetic appeal.
Entertainer's Kitchen: Features a well-appointed entertainer's kitchen with professional-grade appliances and a convenient breakfast bar, ideal for culinary enthusiasts and social gatherings.
Seamless Indoor/Outdoor Living: A well-thought-out floorplan seamlessly blends indoor and outdoor living, with French doors opening to a private rear entertainment area embellished with custom landscaping.
Luxurious Primary Suite: The primary suite offers a tranquil oasis, complete with a spa-like bathroom, a dedicated vanity area, and a well-appointed walk-in closet, providing a private retreat.

Cons

Limited Views: The property is described as having 'Neighborhood' views, lacking the panoramic ocean, coastline, or city light views that are highly prized and common among comparable properties in Laguna Beach.
Age & Potential for Updates: Built in 1996, while well-maintained, the property is older than some recently renovated or newer construction comparables, which may necessitate future updates to maintain competitive appeal.
Price Discrepancy: The current listing price of $3.85 million is 12% higher than the estimated property value of $3.38 million, suggesting it may be priced above current market expectations or recent comparable sales.

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