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

1961 San Remo Drive, Laguna Beach, California 92651 home-pic-0

1961 San Remo Drive

Laguna Beach, California 92651

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,430Sq Ft
7,200Lot Size

Property Price

LIST PRICE$3,495,000
EST. MARKET VALUE
$3,907,041
10% BelowMARKET VALUE

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

$3,907,041 +$412,041 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
1961 San Remo Drive
Subject
$3,495,000*
List Price
332,430$1,608-
A
1214 Anacapa Way
Sold
$4,175,000432,594$1,6090.6 mi
B
3053 Nestall Road
Sold
$3,825,000552,424$1,5780.8 mi
C
2888 Bernard Court
Sold
$2,800,000432,610$1,0730.6 mi
D
802 Rembrandt Drive
Sold
$4,350,000442,350$1,8510.8 mi
E
1981 San Remo
Active
$3,290,000
List Price
432,069$1,5900.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

9/10

Thurston Middle School

Grades 6-8 • 0.3 mi

9/10

Laguna Beach High School

Grades 9-12 • 0.8 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,4302,054
66%
Lot Size7,2006,041.5
65%
Price$3.50M$3.06M
60%
Price per sq ft$1.4K$1.6K
44%
Built year19721965
58%
HOA$0$0
50%
Days on market9200
2%

Pricing History

Listed for Sale

Feb 26, 2026

$3,495,000

Initial Listing

Sold

Apr 30, 2019

$2,101,000

Public Record

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