1569 N Coast Highway 3, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath

1569 N Coast Highway 3, Laguna Beach, California 92651 home-pic-0
ACTIVE$2,100,000$1,847/sqft
1569 N Coast Highway 3, Laguna Beach, California 92651
2Beds
2Baths
1,847Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in one of North Laguna Beach's most desirable areas, the property is less than 1000 steps from Crescent Bay Beach and Vista Point, offering unparalleled access to multiple renowned beaches and scenic walking paths along Cliff Drive and Heisler Park.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

Compared to the nearby listings

Price:$2.10M vs avg $1.32M (+$775,000)76%
Size:1,847 sqft vs avg 1,180 sqft90%
Price/sqft:$1.1K vs avg $1.2K48%

More Insights

Built in 2001 (25 years old).
Condition: Built in 2001, this property presents in excellent, move-in ready condition, suggesting significant updates or meticulous maintenance. The kitchen features modern stainless steel appliances, granite countertops, and contemporary wood cabinetry. Bathrooms are well-appointed with modern vanities, stone countertops, and tiled showers/tubs with glass enclosures. Hardwood flooring is prevalent throughout, and lighting is modern. While not a newly built property, its current state, as described and depicted, aligns with a property extensively renovated within the last 5-15 years, requiring no immediate updates or repairs.
Year Built
2001
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$1,137
HOA
$600
Days on market
-
Sold On
-
MLS number
NP26004964
Home ConditionGood
Features
Good View: Trees/Woods
ViewTrees/Woods

About this home

Welcome to Crescent Bay Villas! Less than 1000 steps to Crescent Bay Beach and Vista Point. Fabulous primary residence, second home or luxury investment property. This light and bright 2 bedroom, 2 bathroom unit comes complete with all the modern touches, appliances, amenities and great storage. Gated and beautifully maintained community with 2 car garage and private Gym. Emerald Bay to the North and Crescent Bay to the South - walking distance to the best Beaches - Crescent bay, Shaws Cove, Divers, Rock Pile and Picnic Beach. The best area for walking along Cliff drive and Heisler Park in all of Laguna. Don't miss out on this opportunity to own in one of the best and most desirable areas of North Laguna Beach! Take a look at this home on our YouTube Channel - Kiwi of the Coast.

M
Marcus Kiwi Gualter
Listing Agent

Price History

Date
Event
Price
01/26/21
Sold
$1,350,000
08/16/02
Sold
$695,000
Condition Rating
Good

Built in 2001, this property presents in excellent, move-in ready condition, suggesting significant updates or meticulous maintenance. The kitchen features modern stainless steel appliances, granite countertops, and contemporary wood cabinetry. Bathrooms are well-appointed with modern vanities, stone countertops, and tiled showers/tubs with glass enclosures. Hardwood flooring is prevalent throughout, and lighting is modern. While not a newly built property, its current state, as described and depicted, aligns with a property extensively renovated within the last 5-15 years, requiring no immediate updates or repairs.
Pros & Cons

Pros

Prime Coastal Location: Situated in one of North Laguna Beach's most desirable areas, the property is less than 1000 steps from Crescent Bay Beach and Vista Point, offering unparalleled access to multiple renowned beaches and scenic walking paths along Cliff Drive and Heisler Park.
Modern & Well-Appointed Unit: Built in 2001, this light and bright 2-bedroom, 2-bathroom unit features modern touches, updated appliances, and ample storage, providing a comfortable and contemporary living experience.
Exclusive Gated Community Amenities: Part of the beautifully maintained Crescent Bay Villas, residents benefit from a secure gated community, a private gym, and a convenient 2-car garage, enhancing lifestyle and security.
Versatile Investment Potential: The property is described as a 'fabulous primary residence, second home or luxury investment property,' appealing to a broad range of discerning buyers seeking a high-value asset in Laguna Beach.
Significant Property Appreciation: The sales history indicates substantial value growth, with the property selling for $695,000 in 2002, $1.35 million in 2021, and now listed at $2.1 million, showcasing strong long-term investment performance.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Substantial Monthly HOA Dues: The property carries a significant monthly association fee of $600, which adds to the overall cost of ownership and should be factored into a buyer's budget.
Non-Ocean View: While the property boasts a 'Trees/Woods' view and is close to the ocean, it does not offer direct ocean or panoramic coastal views, which can be a key expectation for properties in this premium Laguna Beach market segment.
Condominium Lifestyle Limitations: As a condominium, the property is subject to HOA rules and regulations, and shared walls may limit privacy and autonomy compared to a single-family residence, which some luxury buyers might prefer.
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