1961 San Remo Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

1961 San Remo Drive
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 1961 San Remo Drive, Laguna Beach, California 92651 reveals a Prime Investment Opportunity with a current list price of $3,495,000—significantly undercutting the $3,907,041 Fair Market Value by 10%. This valuation gap indicates a +$412,041 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1961 San Remo Drive Subject | $3,495,000* List Price | 3 | 3 | 2,430 | $1,608 | - |
A 1214 Anacapa Way Sold | $4,175,000 | 4 | 3 | 2,594 | $1,609 | 0.6 mi |
B 3053 Nestall Road Sold | $3,825,000 | 5 | 5 | 2,424 | $1,578 | 0.8 mi |
C 2888 Bernard Court Sold | $2,800,000 | 4 | 3 | 2,610 | $1,073 | 0.6 mi |
D 802 Rembrandt Drive Sold | $4,350,000 | 4 | 4 | 2,350 | $1,851 | 0.8 mi |
E 1981 San Remo Active | $3,290,000 List Price | 4 | 3 | 2,069 | $1,590 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1972 mid-century modern estate is in move-in ready condition. The property features a gourmet kitchen with granite countertops and stainless steel appliances, and the bathrooms have been updated with a blend of vintage and contemporary styles. While the home is over 50 years old, the interior finishes, soaring ceilings, and well-maintained outdoor amenities (pool/spa) indicate significant updates and regular upkeep within the 5 to 15-year range, placing it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- 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).
- Exceptional Panoramic Views
The property commands breathtaking white-water ocean vistas stretching to Catalina and San Clemente Islands, showcased through floor-to-ceiling windows and expansive viewing terraces.
- Versatile Outdoor Living & ADU Potential
The estate features a rare combination of a pool, spa, and lush lawn, complemented by an upper terrace with potential for an ADU, providing significant value-add flexibility.
CONSRISKS & DEFICIENCIES
- Multi-Level Hillside Topography
The secluded hillside setting results in a multi-level layout that may pose accessibility challenges for buyers seeking single-level living or those with mobility concerns.
- Vintage Infrastructure Maintenance
While the home features modern updates, the 1970s construction may require specialized maintenance or further capital investment to modernize original structural systems and components.
About 1961 San Remo Drive
Commanding one of Laguna Beach’s most breathtaking vantage points, this rare mid-century modern estate unfolds with sweeping white-water vistas that stretch beyond Catalina to San Clemente Island. A secluded hillside setting elevates its presence, while appx. 2,430 square feet of inspired design and modern comfort create a coastal retreat of uncommon distinction. Upon entry, a private lower wing reveals two spacious bedrooms, a shared lounge, direct patio access, and a beautifully designed bath where vintage-inspired tile meets contemporary elegance. Ascend to the main level and discover a gourmet kitchen with granite counters, stainless steel appliances, and custom cabinetry that flows seamlessly into the dining area, enriched by a striking colored glass window. Floor-to-ceiling windows and soaring ceilings frame the living room, where a dramatic wood-burning fireplace anchors the space and glass doors open to an expansive terrace with unforgettable ocean panoramas. Outdoors, resort-style living awaits with a sparkling pool and spa, lush lawn, and multiple terraces designed for sunset dining, entertaining, or quiet reflection. The upper terrace presents potential for an ADU, adding flexibility for a private guest suite or detached office, all set against extraordinary coastal views. Mature landscaping, tree-lined privacy, and a spacious two-car garage complete this timeless mid-century modern sanctuary—an estate that embodies the true essence of Laguna Beach living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 0.7 mi
Thurston Middle School
Grades 6-8 • 0.3 mi
Laguna Beach High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,430 | 2,054 | 66% |
| Lot Size | 7,200 | 6,041.5 | 65% |
| Price | $3.50M | $3.06M | 60% |
| Price per sq ft | $1.4K | $1.6K | 44% |
| Built year | 1972 | 1965 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 200 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$3,495,000
Initial Listing
Sold
Apr 30, 2019
$2,101,000
Public Record






























