151 Cedar Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath
ACTIVE$2,490,000
151 Cedar Way, Laguna Beach, California 92651
2Beds
2Baths
1,484Sqft
8,457Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Panoramic Ocean & City Views: The residence offers breathtaking panoramic ocean and city views from floor-to-ceiling glass doors, enhancing its luxury appeal and value.
Top Cons:
High Monthly Association Fee: The $750.0 monthly association fee is substantial and represents a significant ongoing cost for potential buyers.
Compared to the nearby listings
Price:$2.49M vs avg $1.31M (+$1,177,500)75%
Size:1,484 sqft vs avg 1,165 sqft75%
Price/sqft:$1.7K vs avg $1.3K75%
More Insights
Built in 1992 (33 years old).
Condition: The property was built in 1992, making it 32 years old. While the exterior images showcase a modern, well-maintained building with contemporary architecture and the description highlights 'luxury' features like floor-to-ceiling glass doors, there are no interior images of the kitchen or bathrooms. However, given the high price point for the area and the 'luxury' branding, it is highly probable that the interior has been significantly updated to a modern standard, making it move-in ready with no immediate renovations required. This aligns with the 'Good' condition criteria, assuming the interior reflects the exterior's modern upkeep and implied quality, even without direct visual confirmation of the kitchen and bathroom finishes.
Year Built
1992
Close
-
List price
$2.49M
Original List price
$2.49M
Price/Sqft
$1,678
HOA
$750
Days on market
-
Sold On
-
MLS number
OC25105610
Home ConditionGood
Features
Excellent View: City Lights, Ocean, Panoramic, Peek-A-Boo
Deck
Patio
ViewCity Lights,Ocean,Panoramic,Peek-A-Boo
About this home
Imagine breathtaking ocean and city views from your luxury 2 Bed 2 Bath top floor residence at one of the most unique buildings in North Laguna walking distance to Main Beach. Sunlight streaming through floor-to-ceiling glass doors, illuminating an open and airy living space with a private balcony and the only residence in the community with a private courtyard. Retreat to your spacious bedroom suites with no one above you and for those perfect California nights? Fire up the barbecue, light the cozy fire pit, and soak in those city and ocean vistas. The unit also features it's own private 2 car detached garage offering a unique blend of storage, livability, and low maintenance.
Condition Rating
Good
The property was built in 1992, making it 32 years old. While the exterior images showcase a modern, well-maintained building with contemporary architecture and the description highlights 'luxury' features like floor-to-ceiling glass doors, there are no interior images of the kitchen or bathrooms. However, given the high price point for the area and the 'luxury' branding, it is highly probable that the interior has been significantly updated to a modern standard, making it move-in ready with no immediate renovations required. This aligns with the 'Good' condition criteria, assuming the interior reflects the exterior's modern upkeep and implied quality, even without direct visual confirmation of the kitchen and bathroom finishes.
Pros & Cons
Pros
Panoramic Ocean & City Views: The residence offers breathtaking panoramic ocean and city views from floor-to-ceiling glass doors, enhancing its luxury appeal and value.
Prime North Laguna Location: Situated in highly desirable North Laguna, the property is within walking distance to Main Beach, offering unparalleled coastal access and lifestyle.
Exclusive Outdoor Spaces: This is the only residence in the community featuring a private courtyard, in addition to a private balcony, barbecue, and fire pit, providing unique outdoor living options.
Private 2-Car Detached Garage: A private 2-car detached garage offers significant convenience, storage, and a rare amenity for a condominium in this coastal location.
Top Floor Residence with Enhanced Privacy: As a top-floor unit with no one above, it provides superior privacy and quiet, contributing to a more exclusive and serene living experience.
Cons
High Monthly Association Fee: The $750.0 monthly association fee is substantial and represents a significant ongoing cost for potential buyers.
High Price Per Square Foot: With 1484 sqft listed at $2.49 million, the property commands a very high price per square foot, reflecting a premium for location and views over interior space.
Limited Shared Community Amenities: While offering unique private amenities, the description does not detail extensive shared community amenities (e.g., pool, gym) typically expected with a high HOA fee, which might be a consideration for some buyers.