1715 Ocean Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 4 bath

1715 Ocean Way, Laguna Beach, California 92651 home-pic-0
ACTIVE$15,495,000
1715 Ocean Way, Laguna Beach, California 92651
3Beds
4Baths
2,951Sqft
5,925Lot

Price Vs. Estimate

The estimated value ($15,495,000) is $0 (0%) lower than the list price ($15,495,000). 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:
Exceedingly High Price Point: With a list price exceeding $15 million, the property targets a very niche market, potentially limiting the pool of prospective buyers despite its luxury features and location.

Compared to the nearby listings

Price:$15.49M vs avg $3.12M (+$12,370,000)98%
Size:2,951 sqft vs avg 2,018 sqft73%
Price/sqft:$5.3K vs avg $1.6K98%

More Insights

Built in 2000 (25 years old).
Condition: Despite being built in 2000, the property underwent an 'artistically refreshed' renovation in 2023, with the kitchen explicitly stated as 'fully renovated' with 'top-of-the-line appliances, new cabinetry, and tasteful stone countertops.' The images confirm a contemporary, high-end aesthetic throughout, particularly in the kitchen and bathrooms, which feature modern fixtures, backlit mirrors, and stylish finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'extensively renovated within 5 years' criterion for an excellent score.
Year Built
2000
Close
-
List price
$15.49M
Original List price
$15.99M
Price/Sqft
$5,251
HOA
-
Days on market
-
Sold On
-
MLS number
LG25094507
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Deck
Spa
Patio
ViewCatalina,City Lights,Coastline,Ocean,Panoramic,Water

About this home

An extraordinary example of contemporary Chris Abel-designed architecture with unmatched ocean views. Artistically refreshed in 2023, this private estate with direct beach access offers nearly three thousand square feet of meticulously designed interiors. Thoughtfully integrated with its surrounding environment, the property was designed to maximize the striking coastal views with floor-to-ceiling windows and multiple glassed-in patios. The grand great room wows with panoramic vistas and is an ideal area to entertain as well as unwind, with the living, dining, and kitchen spaces seamlessly blending together to create a serene oasis. Fully renovated and ready for the most discerning home chef, the kitchen offers top-of-the-line appliances, new cabinetry with plentiful storage, and tasteful stone countertops. The living area is anchored by a fireplace and features access to a large balcony which seemingly floats above the sand below. Breathtaking views of the Pacific continue in the retreat-like primary suite with its multiple windows and another of the home’s decks. The secondary bedrooms are also ocean-facing, offering guests an unparalleled experience. Every detail of the exterior space has also been considered, with patio areas and an in-ground spa for taking in the coastal panoramas. Fully modernized for everyday living, this property is outfitted with a state-of-the-art audiovisual system, automatic Lutron shades, and a two-car garage. Stunning, updated interiors, endless views, and a convenient location make this estate truly one of a kind.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.6mi
9/10
El Morro Elementary School
Public,K-53.0mi
9/10
Thurston Middle School
Public,6-81.5mi
9/10
Laguna Beach High School
Public,9-121.0mi
Condition Rating
Excellent

Despite being built in 2000, the property underwent an 'artistically refreshed' renovation in 2023, with the kitchen explicitly stated as 'fully renovated' with 'top-of-the-line appliances, new cabinetry, and tasteful stone countertops.' The images confirm a contemporary, high-end aesthetic throughout, particularly in the kitchen and bathrooms, which feature modern fixtures, backlit mirrors, and stylish finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'extensively renovated within 5 years' criterion for an excellent score.
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).
Panoramic Ocean & Coastal Views: The property boasts unmatched, breathtaking panoramic views of the Pacific Ocean, coastline, and city lights from nearly every room and outdoor space, significantly enhancing its appeal and value.
Renowned Contemporary Architecture & Recent Refresh: Designed by Chris Abel, this contemporary estate was artistically refreshed in 2023, featuring meticulously designed interiors, modern updates, and high-end finishes throughout.
Exclusive Direct Beach Access: A rare and highly desirable feature, the property offers direct access to the beach, providing unparalleled convenience and luxury for an oceanfront lifestyle.
High-End Smart Home & Luxury Amenities: Equipped with top-of-the-line kitchen appliances, a state-of-the-art audiovisual system, automatic Lutron shades, and an in-ground spa, offering modern comfort and sophistication.
Prime Oceanfront Laguna Beach Location: Situated on Ocean Way in Laguna Beach, this convenient and prestigious address offers an exclusive coastal lifestyle within a highly sought-after community with top-rated schools.

Cons

Exceedingly High Price Point: With a list price exceeding $15 million, the property targets a very niche market, potentially limiting the pool of prospective buyers despite its luxury features and location.
Modest Lot Size for an Estate: While oceanfront, the 5,925 sqft lot size might be considered relatively small for a property described as a 'private estate,' potentially restricting further expansion or extensive landscaping.
Absence of Central Air Conditioning: Despite its modern updates and floor-to-ceiling windows, the description does not mention a central cooling system, which could be a comfort concern for some buyers during warmer periods.

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