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$2,951/sqft
Est. Value: $16,702,798
7%
BelowEstimate
1715 Ocean Way, Laguna Beach, California 92651
3Beds
4Baths
2,951Sqft
5,925Lot

Price Vs. Estimate

The estimated value ($16,702,797.92) is $1,207,797.92 (7%) higher than the list price ($15,495,000). This property may be underpriced.

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:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$15.49M vs avg $3.15M (+$12,340,000)98%
Size:2,951 sqft vs avg 2,111.5 sqft73%
Price/sqft:$5.3K vs avg $1.6K98%

More Insights

Built in 2000 (26 years old).
Condition: This property, built in 2000, underwent an extensive 'artistic refresh' and full renovation in 2023, making it virtually new. The kitchen features top-of-the-line appliances, new cabinetry, and tasteful stone countertops, all in pristine, modern condition. Bathrooms are equally impressive with contemporary fixtures, high-end tile, and luxurious finishes. Flooring throughout is a mix of light wood and large format tile, all appearing new and impeccably maintained. The property boasts state-of-the-art audiovisual systems and automatic Lutron shades, indicating a comprehensive modernization. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2000
Close
-
List price
$15.49M
Original List price
$15.49M
Price/Sqft
$5,251
HOA
-
Days on market
-
Sold On
-
MLS number
LG25281783
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.

J
John Stanaland
Listing Agent

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

Price History

Date
Event
Price
10/20/97
Sold
$900,000
12/27/19
Sold
$10,000,000
04/13/12
Sold
$6,000,000
05/13/04
Sold
$4,985,000
Condition Rating
Excellent

This property, built in 2000, underwent an extensive 'artistic refresh' and full renovation in 2023, making it virtually new. The kitchen features top-of-the-line appliances, new cabinetry, and tasteful stone countertops, all in pristine, modern condition. Bathrooms are equally impressive with contemporary fixtures, high-end tile, and luxurious finishes. Flooring throughout is a mix of light wood and large format tile, all appearing new and impeccably maintained. The property boasts state-of-the-art audiovisual systems and automatic Lutron shades, indicating a comprehensive modernization. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
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).
Unrivaled Ocean & Panoramic Views: Floor-to-ceiling windows and multiple glassed-in patios maximize breathtaking views of Catalina, the Pacific Ocean, and city lights from nearly every room, creating a serene oasis.
Exclusive Direct Beach Access: A highly coveted and rare feature, this private estate offers immediate and direct access to the beach, enhancing its luxury appeal.
Architectural Significance & Recent Renovation: An extraordinary Chris Abel-designed contemporary home, 'artistically refreshed in 2023' with 'stunning, updated interiors' and a fully renovated kitchen, ensuring modern aesthetics and functionality.
Luxurious & Smart Home Amenities: Equipped with top-of-the-line kitchen appliances, a state-of-the-art audiovisual system, automatic Lutron shades, and an in-ground spa, providing ultimate comfort and convenience.
Prime Laguna Beach Location: Situated in the desirable Woods Cove subdivision of Laguna Beach, offering a prestigious address and convenient access to coastal amenities.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for some buyers during warmer periods, despite coastal breezes.
Limited Traditional Green Space: While offering ample patio areas and an in-ground spa, the property appears to have a limited traditional yard or lawn area, which might not appeal to buyers desiring extensive private gardens.
High Maintenance Demands of Coastal Exposure: Direct oceanfront living, especially with extensive glass and outdoor features, typically entails higher ongoing maintenance costs due to salt air, sand, and weather exposure.
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