2 N Vista De La Luna, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 2 bath
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Laguna Beach, California 92651
This Value-Add Coastal Estate in the exclusive Three Arch Bay enclave represents a Strong Value Opportunity. Listed at $5,495,000, the property aligns with its $5,495,000 Fair Market Value following a significant $500,000 price reduction, ensuring a stable entry into an elite market. Boasting a Condition Rating of 4, the residence is functional yet ready for modernization, offering significant equity upside. The rare flat lot features panoramic ocean and Catalina views within the Laguna Beach Unified district. This is a premier acquisition for Luxury Renovators or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 N Vista De La Luna Subject | $5,495,000* List Price | 4 | 2 | 2,200 | $2,498 | - |
A 27 S La Senda Drive Sold | $7,025,000 | 4 | 3 | 2,713 | $2,589 | 0.3 mi |
B 32015 Point Place Active Under Contract | $4,695,000 List Price | 4 | 2 | 2,425 | $1,936 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property is functional and well-maintained but clearly dated. The kitchen features a renovation that appears to be over 20 years old (granite counters, older cabinetry, and tile floors), and the listing description explicitly states the home is 'ready for modernization.' While livable, it requires aesthetic and likely system updates to meet current market standards for the area.
Located in the exclusive Three Arch Bay, the property offers 24-hour gated security and elite amenities including private beach access, tennis courts, and park facilities.
Unlike many hillside Laguna properties, this home sits on a highly desirable flat lot with a fully usable ocean-view backyard and ample parking via a long driveway and 2-car garage.
Following a $500,000 price reduction, this is the most competitively priced entry into Three Arch Bay, providing a unique opportunity to build equity through renovation.
Built in 1953, the home is in largely original condition and requires a comprehensive update to meet modern luxury standards, necessitating additional capital investment.
With only two bathrooms serving four bedrooms, the current functional layout may be insufficient for families or guests at this price point without structural reconfiguration.
Now offered at $5,495,000—a $500,000 price reduction—making 2 North Vista de La Luna the best-priced home in all of Three Arch Bay. The two-story home features an easy, functional layout with four bedrooms (two on the main level) and vaulted ceilings with exposed wood beams. Set on a highly desirable flat lot, the property includes a fully usable ocean-view backyard, plus a long driveway and 2-car garage—rare for Laguna Beach. This is an incredible opportunity to create your dream home and coastal lifestyle in one of Southern California’s most idyllic and sought-after communities. While ready for modernization, the home offers exceptional potential in an unbeatable location. At the new price, this is one of the more approachable entries into Three Arch Bay where you can still create upside. This is a standout opportunity for value, views, and lifestyle. Residents enjoy 24 hour gated security, private beach access, tennis courts, sport court, tot-lot, beach volleyball, and beach BBQs and fire pits—offering year-round coastal living at its best!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 2,200 | 2,130 | 53% |
| Lot Size | 6,860 | 6,125 | 57% |
| Price | $5.50M | $3.22M | 83% |
| Price per sq ft | $2.5K | $1.5K | 86% |
| Built year | 1953 | 1964 | 33% |
| HOA | $3025.0 | $0 | 92% |
| Days on market | 142 | 170 | 40% |
Mar 30, 2026
$5,495,000
$6,000,000
-8% Price Drop
Initial Listing
Jan 16, 2026
$6,000,000
Initial Listing