1651 Thurston Dr, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 4 bath

1651 Thurston Dr, Laguna Beach, California 92651 home-pic-0

1651 Thurston Dr

Laguna Beach, California 92651

ACTIVE
CONDITION: GOOD
3Beds
4Baths
2,272Sq Ft
10,200Lot Size

Property Price

LIST PRICE$3,895,000
EST. MARKET VALUE
$4,104,259
5% BelowMARKET VALUE

SUMMARY

Analysis of 1651 Thurston Dr, Laguna Beach, California 92651 reveals a Prime Investment Opportunity with a current list price of $3,895,000—significantly undercutting the $4,104,259 Fair Market Value by 5%. This valuation gap indicates a +$209,259 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$4,104,259 +$209,259 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1651 Thurston Dr
Subject
$3,895,000*
List Price
342,272$1,806-
A
360 Diamond
Sold
$3,950,000432,400$1,6460.9 mi
B
1056 Madison Place
Sold
$3,025,000321,515$1,9970.3 mi
C
1380 Skyline Drive
Sold
$3,325,000421,826$1,8210.5 mi
D
802 Rembrandt Drive
Sold
$4,350,000442,350$1,8510.6 mi
E
1981 San Remo
Active
$3,290,000
List Price
432,069$1,5900.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

While originally built in 1950, the property is in move-in ready condition and has been significantly updated to feature a modern open-concept layout and en-suite bathrooms. The home includes high-end amenities such as central air and heat, glass deck railings to maximize panoramic views, and a built-in outdoor barbecue area. The interior and exterior show pride of ownership with well-maintained systems and contemporary coastal styling, though it does not meet the 'newly built' or 'fully renovated within 5 years' criteria for an excellent rating.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 10200, living area = 2272.

  • 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).

  • Panoramic Coastal Views

    The property boasts breathtaking, unobstructed views of Catalina Island, the Pacific Ocean, and Main Beach, providing a quintessential Laguna Beach backdrop from nearly every room.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2272, other record living area = 2142.

  • Vintage Infrastructure

    Originally constructed in 1950, the home may require more frequent maintenance or updates to its core systems to meet the expectations of modern luxury buyers.

  • High Price Per Square Foot

    At nearly $3.9M for approximately 2,272 square feet, the property commands a significant premium that may be a deterrent for buyers seeking more interior living space at this price point.

About 1651 Thurston Dr

Perched high above the vibrant allure of Laguna Beach, this Single-Level coastal sanctuary offers an extraordinary blend of elegance, comfort, and jaw-dropping vistas. With 3 bedrooms and 3.5 baths, this home is a masterpiece of open-concept living, designed to showcase sweeping views of Catalina Island, the Pacific Ocean, Main Beach, and fiery sunsets that melt into twinkling city lights. Elevated above the street for maximum privacy, it’s a rare gem for those seeking one-story living with unparalleled scenery. Step inside, and you’ll find two of the three bedrooms are en-suite, providing the perfect retreat for family or guests. The living room and one en-suite bedroom feature inviting fireplaces, ideal for those crisp coastal evenings, while central air and heat keep you comfortable year-round. The thoughtful layout ensures excellent separation of bedrooms, while the expansive ocean-view decks offer a seamless extension of the living space—perfect for hosting unforgettable gatherings or simply soaking in the serene beauty of the coastline. An enclosed patio, complete with a built-in barbecue and room for a dining table, adds another layer of versatility, making outdoor living as effortless as it is enjoyable. Practicality meets sophistication with a spacious 2-car garage, an additional 1-car garage, and covered parking for two more vehicles. A long driveway provides even more parking space, making this home as functional as it is luxurious. The generous lot enhances the sense of calm and seclusion, while the quiet private street ensures tranquility without sacrificing proximity to Laguna Beach’s world-renowned beaches, art galleries, and dining. This is more than a home; it’s a daily retreat, embodying the very best of Southern California coastal living. Don’t let this rare opportunity slip away—your dream lifestyle awaits.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1950
Lot Size
10,200 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Laguna Beach Unified Schools

Top Of The World Elementary School

Grades K-5 • 1.0 mi

9/10

Thurston Middle School

Grades 6-8 • 0.5 mi

9/10

Laguna Beach High School

Grades 9-12 • 0.5 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
68%
Square foot2,2722,054
58%
Lot Size10,2006,041.5
86%
Price$3.90M$3.06M
67%
Price per sq ft$1.7K$1.6K
62%
Built year19501965
29%
HOA$0$0
50%
Days on market2200
2%

Pricing History

Listed for Sale

Mar 5, 2026

$3,895,000

Initial Listing

Sold

Feb 6, 2002

$1,150,000

Public Record

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