2115 Catalina, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 4 bath

2115 Catalina, Laguna Beach, California 92651 home-pic-0

2115 Catalina

Laguna Beach, California 92651

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,200Sq Ft
1,950Lot Size

Property Price

LIST PRICE$4,895,000
EST. MARKET VALUE
$5,394,064
9% BelowMARKET VALUE

SUMMARY

Analysis of 2115 Catalina, Laguna Beach, California 92651 reveals a Prime Investment Opportunity with a current list price of $4,895,000—significantly undercutting the $5,394,064 Fair Market Value by 9%. This valuation gap indicates a +$499,064 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$5,394,064 +$499,064 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
2115 Catalina
Subject
$4,895,000*
List Price
342,200$2,452-
A
2621 Victoria Drive
Active
$4,395,000
List Price
331,740$2,5260.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive high-end renovation by a professional designer, featuring premium materials such as French oak flooring, soapstone countertops, and marble-appointed bathrooms with heated floors. The kitchen is equipped with top-tier appliances including a Viking range and Sub-Zero refrigerator. Despite the 1938 original build date, the home presents as virtually new with modern luxury systems, curated lighting, and no visible deferred maintenance, meeting the criteria for an excellent condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).

  • Designer Remodel & High-End Finishes

    Reimagined by award-winning designer Andra Miller, the home features premium upgrades including French oak floors, marble-appointed baths with heated flooring, and a chef's kitchen equipped with Viking and Sub-Zero appliances.

  • Commanding Coastal Views

    The property offers exceptional views of the Pacific Ocean, Catalina Island, and the coastline from the primary suite and the top-floor living areas, providing a quintessential Laguna Beach backdrop.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 2016. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1950, living area = 2200.

  • Limited Lot Size

    With a lot size of only 1,950 square feet, the property offers very little private outdoor yard space, which may be a drawback for buyers seeking significant garden or play areas.

About 2115 Catalina

Just several blocks from world class beaches, this exceptional ocean-view coastal cottage blends timeless elegance with relaxed Laguna Beach living. Remodeled by award-winning designer Andra Miller, the home pairs classic East Coast charm with elevated California style and beautiful views of the Pacific coastline, creating a residence that feels both refined and relaxing. Approximately 2,200 square feet, the 3 bedroom, 3 1/2 bath residence features a thoughtful split-level layout that maximizes light and privacy, living far beyond its footprint with warmth, character, and intention at every turn. The entry level includes the primary suite, secondary bedroom with custom bookshelves and private bath, and a laundry room. The lower level offers a private guest suite with a private bath, Douglas fir–lined walk-in closet, and direct garage access. A spacious 2-car garage with storage cabinets provides added convenience and functionality. The primary bath is a spa-inspired bath with freestanding soaking tub, heated marble flooring, dual vanities, walk in closet and a steam shower. Beautiful ocean views from the primary Bedroom. The top floor includes a designer kitchen open to the living and dining areas and features a soapstone island, custom cabinetry with glass uppers, farmhouse sink, custom banquette, built in beverage refrigerator and premium appliances including a six-burner Viking range with griddle and a Sub-Zero refrigerator with dual temperature drawers. There is also direct access to your private deck providing indoor outdoor living. Ocean, Catalina Island and north coast views command this part of the house, making it an unforgettable setting for both quiet mornings and sunset gatherings. Refined details throughout include French oak floors, custom built-ins, crown molding, marble-appointed baths, designer tile, custom storage and cabinetry and curated lighting, all thoughtfully selected to elevate the home’s coastal aesthetic. Moments from beaches, fine dining, galleries, public art exhibits, and village shops. This is not just a home, but it is a rare opportunity to experience the very best of Laguna Beach living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
1,950 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 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 • 1.5 mi

9/10

El Morro Elementary School

Grades K-5 • 3.3 mi

9/10

Thurston Middle School

Grades 6-8 • 1.5 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
68%
Square foot2,2002,054
57%
Lot Size1,9506,003
3%
Price$4.89M$3.06M
79%
Price per sq ft$2.2K$1.6K
78%
Built year19381965
18%
HOA$0$0
50%
Days on market5200
2%

Pricing History

Listed for Sale

Mar 2, 2026

$4,895,000

Initial Listing

Sold

Jan 14, 2013

$1,395,000

Public Record

Sold

Aug 10, 2006

$2,010,000

Public Record

Sold

Aug 12, 2005

$1,880,000

Public Record

Sold

Apr 30, 2004

$1,399,000

Public Record

Sold

Apr 30, 2003

$794,000

Public Record

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