
Laguna Beach, California 92651
This Mid-Century Coastal Asset represents a High-Potential Investment Opportunity, listed at $3,999,999—positioned slightly above the $3,933,739 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, the iconic Crown Point location and Panoramic Ocean Views provide significant long-term upside. The 6,900 sqft cul-de-sac lot offers a rare footprint for a custom redevelopment project. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build a bespoke coastal estate in a premier Laguna Beach neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1575 Via Majorca Subject | $3,999,999* List Price | 3 | 3 | 1,900 | $2,070 | - |
A 1665 Hillcrest Drive Sold | $4,150,000 | 3 | 2 | 1,600 | $2,594 | 0.2 mi |
B 169 Mcknight Drive Sold | $3,410,000 | 3 | 2 | 1,899 | $1,796 | 0.1 mi |
C 159 Crescent Bay Drive Sold | $3,750,000 | 4 | 3 | 2,469 | $1,519 | 0.0 mi |
D 530 High Drive Sold | $3,037,500 | 2 | 2 | 1,440 | $2,109 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this mid-century home is well-maintained but significantly dated. The kitchen features older tile countertops, jalousie windows, and aged appliances, while the bathrooms and overall systems appear to be over 20-30 years old. While livable, it requires modernization to meet current market standards.
Situated on the desirable ocean side of PCH in the prestigious Crown Point neighborhood, the property is just two blocks from Crescent Bay and walking distance to downtown Laguna Beach.
Perched on elevated ground, the home delivers exceptional panoramic ocean views from the living room, kitchen, dining area, and the covered outdoor patio.
This iconic mid-century home sits on a generous 6,900 sqft cul-de-sac lot, offering a rare footprint and historical pedigree for a high-end custom renovation or redevelopment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6900, other record lot size in square feet = 6831.
The 1953 construction retains several original features, such as electric wall ovens and older cabinetry, which will require significant modernization to meet current luxury standards.
At a $4 million list price for 1,900 square feet of living space in mostly original condition, the property represents a premium investment that necessitates a large additional budget for upgrades.
**OCEAN VIEWS**!! ICONIC North LAGUNA home located in sought after CROWN POINT neighborhood where PANORAMIC OCEAN VIEWS IS A MUST! ONLY 2 BLOCKS from CRESCENT BAY. SINGLE STORY "MID-CENTURY" appeal located in ONE of the MOST "Desirable Coastal Retreat" community with the home perched up on higher ground for amazing views. This 3br/2.5 ba home with almost 1900sf and a very large lot of about 6,900 sf to create your "dream home"! Located in a Cul-de-sac. A bit of history on the home: The Builder and Developer associated with the Crown Point neighborhood was William Pereira, Architect. It has been said that the family resided in homes on Via Majorca and McKnight. Beautiful Hardwood Floors throughout. OPEN CONCEPT with large Living room/dining area with hardwood floors. VIEWS of the OCEAN. Living room has Gas fireplace surrounded by seating to sit and read or for nice conversations! Sliding door opens to covered patio with magnificent Ocean Views. Open Kitchen with electric stovetop and electric wall oven. Large white cabinets for all of your kitchen needs with plenty of storage. Breakfast bar for casual eating with Views of OCEAN from Kitchen and Dining room. Laundry room and powder room off of the kitchen. Jack and Jill full bath can be entered from hallway and one of the bedrooms. Home has two good size bedrooms and a Primary bedroom with two closets with an En-suite Primary bath which has a pedestal sink and walk-in shower. Located on a cul-de-sac provides you with privacy and no street traffic. This BEACH-Close residence located on the WEST (BEACH) side of PCH is approximately one block from CRESCENT BAY PARK, ONLY 2 BLOCKS from CRESCENT BAY, and CLOSE distance to downtown Laguna Beach. Enjoy all the beauty of the OCEAN, downtown Laguna Beach with its shops, entertainment, restaurants. WALK TO THE OCEAN AND TO DOWNTOWN LAGUNA VILLAGE! LIVE WHERE PEOPLE COME TO VACATION!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,900 | 2,117 | 37% |
| Lot Size | 6,900 | 6,125 | 58% |
| Price | $4.00M | $3.20M | 66% |
| Price per sq ft | $2.1K | $1.6K | 82% |
| Built year | 1953 | 1963 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 172 | 3% |
May 28, 2026
$3,999,999
Initial Listing