21431 Stans Lane, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath

21431 Stans Lane, Laguna Beach, California 92651 home-pic-0
ACTIVE$3,890,000$2,580/sqft
21431 Stans Lane, Laguna Beach, California 92651
3Beds
2Baths
2,580Sqft
91,476Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91476, living area = 2580.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =91476, other record lot size in square feet = 28866.

Compared to the nearby listings

Price:$3.89M vs avg $3.15M (+$735,000)63%
Size:2,580 sqft vs avg 2,111.5 sqft64%
Price/sqft:$1.5K vs avg $1.6K45%

More Insights

Built in 1958 (68 years old).
Condition: The property was built in 1958, and the interior images, particularly of the kitchens and bathrooms, show extremely dated fixtures, appliances, and finishes consistent with a lack of significant renovation for many decades. The kitchens feature old cabinets, laminate countertops, and outdated white appliances. Bathrooms have old vanities and tile work. Flooring is a mix of dated tile and worn carpet. Exterior elements like the empty pool and a dilapidated wooden bridge further indicate significant deferred maintenance and potential safety issues. While the description suggests the dwellings could be renovated for immediate use, the extent of necessary updates and repairs to meet modern standards is substantial, aligning with the 'poor' condition criteria.
Year Built
1958
Close
-
List price
$3.89M
Original List price
$3.89M
Price/Sqft
$1,508
HOA
-
Days on market
-
Sold On
-
MLS number
OC25278993
Home ConditionPoor
Features
Excellent View: Canyon, Park/Greenbelt, Hills, Mountain(s), Neighborhood, Panoramic
Pool
Patio
ViewCanyon, Park/Greenbelt, Hills, Mountain(s), Neighborhood, Panoramic

About this home

DONT MISS THIS Incredible Opportunity to own over 2 Acres of peacefull, buildable land, located in the sought after hills of Laguna Canyon. Surrounded by natural beauty and breathtaking Mountain View’s, this exceptional property offers privacy, scale, and limitless possibilities. Zoned for multi family/mixed use development, it presents a unique canvas for investors, developers & visionary buyers looking to create something truly special. The property includes THREE existing dwellings that may be renovated for immediate use or removed to unlock the full development land potential. Ideally situated just minutes from major freeways & toll roads, yet a short drive to the beaches, galleries, restaurants and everything Downtown Laguna Beach has to offer. This location offers the perfect balance of tranquility & convenience. Your chance to own property in one of Orange County’s most desirable and scenic settings.

K
Kim Milewski
Listing Agent

Nearby schools

9/10
El Morro Elementary School
Public,K-53.4mi
9/10
Thurston Middle School
Public,6-81.9mi
9/10
Laguna Beach High School
Public,9-122.6mi
Condition Rating
Poor

The property was built in 1958, and the interior images, particularly of the kitchens and bathrooms, show extremely dated fixtures, appliances, and finishes consistent with a lack of significant renovation for many decades. The kitchens feature old cabinets, laminate countertops, and outdated white appliances. Bathrooms have old vanities and tile work. Flooring is a mix of dated tile and worn carpet. Exterior elements like the empty pool and a dilapidated wooden bridge further indicate significant deferred maintenance and potential safety issues. While the description suggests the dwellings could be renovated for immediate use, the extent of necessary updates and repairs to meet modern standards is substantial, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91476, living area = 2580.
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).
Development Potential: Over 2 acres of buildable land zoned for multi-family/mixed-use development, offering limitless possibilities for investors and visionary buyers.
Prime Location: Located in the highly sought-after hills of Laguna Canyon, balancing tranquility with convenience, minutes from major freeways, beaches, galleries, and downtown Laguna Beach.
Scenic Views & Privacy: Surrounded by natural beauty with breathtaking mountain views, offering significant privacy and a serene environment.
Existing Infrastructure & Flexibility: Includes three existing dwellings that can be renovated for immediate use or removed to unlock the full development potential of the land.
Desirable City & School District: Situated in Laguna Beach, one of Orange County’s most desirable and scenic settings, within a high-ranking school district.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =91476, other record lot size in square feet = 28866.
High Investment & Development Costs: The property carries a significant list price of $3.89 million, and realizing its full potential as a development project will require substantial additional investment for renovation or new construction.
Age of Existing Structures: The existing dwellings were built in 1958, indicating they may require extensive renovation to meet modern standards or significant demolition costs if the land is cleared for new development.
Development Complexity: While zoned for multi-family/mixed-use, navigating the complexities of planning, permitting, and construction for such a project can be time-consuming and challenging, potentially deterring some buyers.
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