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1969 San Remo Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 3 bath

1969 San Remo Drive, Laguna Beach, California 92651 home-pic-0
ACTIVE UNDER CONTRACT$2,975,000
1969 San Remo Drive, Laguna Beach, California 92651
4Beds
3Baths
2,140Sqft
7,300Lot

Price Vs. Estimate

The estimated value ($2,618,088.12) is $356,911.88 (11%) lower than the list price ($2,975,000). This property may be overpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Original Condition & Renovation Required: The property is explicitly stated to be in 'original condition' and 'needs cosmetic love,' requiring substantial investment for modernization and upgrades.

Compared to the nearby listings

Price:$2.98M vs avg $3.10M ($-120,000)46%
Size:2,140 sqft vs avg 2,018 sqft56%
Price/sqft:$1.4K vs avg $1.6K39%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property is explicitly described as being in 'original condition' and needing 'cosmetic love.' The images confirm extremely dated interiors, including 1960s/70s wood paneling, old light fixtures, worn blue/green carpet, and a kitchen with original-style wood cabinets and outdated white appliances. The bathrooms, though not fully pictured, are expected to be in similar original condition. All major components, including the kitchen, bathrooms, flooring, and likely the electrical and plumbing systems, require substantial repairs, rehabilitation, and complete modernization to meet current standards. While not explicitly stated as structurally unsound, the property's age and lack of renovation mean it would be very uncomfortable to live in its current state and requires significant investment.
Year Built
1965
Close
-
List price
$2.98M
Original List price
$2.98M
Price/Sqft
$1,390
HOA
-
Days on market
-
Sold On
-
MLS number
LG25191948
Home ConditionPoor
Features
Excellent View: Catalina, City Lights, Canyon, Ocean, Panoramic, Rocks, Water
Deck
ViewCatalina,City Lights,Canyon,Ocean,Panoramic,Rocks,Water

About this home

IT IS ALL ABOUT THE VIEW!! For the first time EVER, this San Remo property in Laguna Beach is available after being lovingly held by the same family that built it decades ago. A true hidden gem with extraordinary potential, the home offers sweeping views of Main Beach, the Hotel Laguna, Catalina and the coastline. Its prime location and dramatic vistas make it an extraordinary canvas for creating a dream coastal retreat. Just minutes from Laguna’s world-famous beaches, art galleries, and vibrant village life, this property is a rare chance to reimagine a home in one of Southern California’s most treasured seaside communities. Make no mistake, the property is in original condition. It needs cosmetic love. But the upside is incredible!!! The Upper/Main floor currently features 3-4 bedrooms. Downstairs (adjacent to front door) is another area which was part of the original construction that is currently used as a separate/small 1 bedroom. This has not been formally permitted as a separate ADU but would seem to qualify as such as it was part of the original home and within the footprint/envelope of the house. Interested parties should check with the City. And... it also has remarkable views. Or, if desired, the original doorway between this area and the rest of the house could be easily restored.. PROPERTY SOLD AS IS.

Nearby schools

9/10
Top Of The World Elementary School
Public,•K-5•0.7mi
9/10
Thurston Middle School
Public,•6-8•0.3mi
9/10
Laguna Beach High School
Public,•9-12•0.8mi
Condition Rating
Poor
Built in 1965, this property is explicitly described as being in 'original condition' and needing 'cosmetic love.' The images confirm extremely dated interiors, including 1960s/70s wood paneling, old light fixtures, worn blue/green carpet, and a kitchen with original-style wood cabinets and outdated white appliances. The bathrooms, though not fully pictured, are expected to be in similar original condition. All major components, including the kitchen, bathrooms, flooring, and likely the electrical and plumbing systems, require substantial repairs, rehabilitation, and complete modernization to meet current standards. While not explicitly stated as structurally unsound, the property's age and lack of renovation mean it would be very uncomfortable to live in its current state and requires significant investment.
Pros & Cons

Pros

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 offers sweeping, panoramic views of Main Beach, Hotel Laguna, Catalina Island, the coastline, city lights, canyon, ocean, and water, providing significant aesthetic and intrinsic value.
Prime Laguna Beach Location: Situated minutes from Laguna’s world-famous beaches, art galleries, and vibrant village life, this location offers unparalleled access to a highly desirable coastal lifestyle.
Significant Renovation Potential: Described as an 'extraordinary canvas' with 'incredible upside,' the property presents a unique opportunity for a buyer to create a custom dream coastal retreat and maximize value.
First-Time Market Offering: This is the first time the property has been available since it was built, indicating a rare opportunity to acquire a long-held family asset in a coveted location.
Flexible Living Space/Potential ADU: The existing downstairs area, currently used as a separate 1-bedroom unit, offers potential for an Accessory Dwelling Unit (ADU) or can be re-integrated into the main house, providing versatile living options.

Cons

Original Condition & Renovation Required: The property is explicitly stated to be in 'original condition' and 'needs cosmetic love,' requiring substantial investment for modernization and upgrades.
Sold 'As-Is' Condition: Being sold 'as-is' implies no seller-funded repairs or warranties, placing the full burden of any necessary repairs or updates on the buyer.
Unpermitted ADU Status: The downstairs unit, while functional as a separate space, is not formally permitted as an ADU, which may require additional time, cost, and city approval for formalization.

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