
Laguna Beach, California 92651
Analysis of 20 Lagunita Drive, Laguna Beach, California 92651 is currently available with a list price of $12,700,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1940, the property's current interior, particularly the kitchen (Image 18) and living areas (Images 7, 8, 11), is extremely dated, suggesting no major renovations in over 50 years. The listing explicitly highlights the 'Age of Current Structure' as a weakness and includes 'approved permit ready plans' for redevelopment, indicating the property's value is primarily in the land and its potential for a new build, aligning with the 'tear-down' criteria.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated as one of just fifteen homes directly on the sand within the exclusive, gated Lagunita community, offering a private portion of the beach and immediate access to iconic Victoria Beach.
Includes approved, permit-ready architectural plans from renowned architect Chris Light, significantly de-risking and streamlining future development or customization.
Built in 1940, the existing residence, while charming, likely requires significant renovation or full redevelopment to meet contemporary luxury standards, despite its current comfort.
A substantial monthly association fee of $950.0 adds to the ongoing cost of ownership, which may be a consideration for some buyers.
The explicit mention of 'approved permit ready plans' and the opportunity to 'explore redevelopment' suggests that the property's full potential requires substantial additional investment beyond the purchase price.
Price includes approved permit ready plans from renowned architect Chris Light. One of just fifteen homes set on the sand, in the idyllic, oceanfront community – Lagunita. Rich with history and charm, the comfortable, spacious, and accommodating residence is enveloped by the sights and sounds of the captivating seaside. Three levels of generous living spaces perfectly frame enchanting views of the Pacific, while three expansive terraces afford the ideal environment for outdoor living and entertaining – alongside a spectacular natural panorama. Ideally situated, this property enjoys its own private portion of the beach – and is just steps to scenic and iconic Victoria Beach. This is the perfect opportunity to live within a private, gated oceanfront enclave or to explore redevelopment in this exceptional setting.
No exterior & parking available.
Grades K-5 • 3.9 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 3,500 | 2,111 | 89% |
| Lot Size | 7,440 | 6,003 | 68% |
| Price | $12.70M | $3.10M | 95% |
| Price per sq ft | $3.6K | $1.6K | 95% |
| Built year | 1940 | 1964 | 22% |
| HOA | $950.0 | $0 | 89% |
| Days on market | 226 | 183 | 68% |
Sep 8, 2025
$12,700,000
Initial Listing