21462 Ocean Vista, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 5 bath
Loading property details...
21462 Ocean Vista
Laguna Beach, California 92651
ACTIVE
CONDITION: GOOD
5Beds
5Baths
3,404Sq Ft
7,700Lot Size
Property Price
LIST PRICE$4,495,000
EST. MARKET VALUE
$4,626,897
SUMMARY
This Spacious Coastal Residence represents a Prime Investment Opportunity, listed at $4,495,000—positioned well below the $4,626,898 Fair Market Value by 2%. This valuation gap provides $131,898 in Instant Equity for the buyer. Featuring a Good Condition Rating and stunning Ocean & Catalina Island Views, the home offers significant potential for cosmetic modernization to maximize value. Located in the Laguna Beach Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-lifestyle coastal asset.
Estimated Market Value
$4,626,897
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21462 Ocean Vista Subject | $4,495,000* List Price | 5 | 5 | 3,404 | $1,359 | - |
A 725 Balboa Avenue Sold | $4,300,000 | 4 | 3 | 3,316 | $1,297 | 0.6 mi |
B 704 Nyes Place Sold | $4,700,000 | 4 | 4 | 3,639 | $1,292 | 0.5 mi |
C 723 Balboa Avenue Sold | $4,950,000 | 4 | 5 | 4,030 | $1,228 | 0.6 mi |
D 616 Bolsana Drive Active | $4,995,000 List Price | 3 | 3 | 3,950 | $1,265 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, the property falls exactly within the 20-year age bracket for 'Good' condition. The kitchen and bathrooms feature original early-2000s finishes, including wood cabinetry and tan tile, which are functional and well-maintained but aesthetically dated. The home appears move-in ready with no visible structural or safety defects.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
The property is ideally situated within walking distance to Montage Park, Treasure Island Beach, and premier dining, offering an exceptional Laguna Beach lifestyle.
- Ocean & Catalina Views
The home features stunning views of the Pacific Ocean and Catalina Island, particularly from the spacious primary suite which includes a private viewing deck.
- Generous Living & Entertaining Space
With five bedrooms, over 3,400 square feet of living space, and a wraparound yard, this residence offers a rare combination of size and functionality for the area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Potential Need for Modernization
Having been owned by the same family for 32 years, the interior may require cosmetic or structural updates to meet the expectations of modern luxury buyers.
- Premium Price Point
At nearly $4.5 million, the property represents a significant investment that may require additional capital for renovations to fully realize its value potential.
About 21462 Ocean Vista
It’s a rare opportunity to find an ocean-view home of this size, located so close to the ocean, and offered within this price range. Situated just a short distance from the Montage Park, Treasure Island Beach, and some of Laguna Beach’s finest restaurants, this spacious residence offers an exceptional coastal lifestyle. Enjoy ocean & Catalina Island views from the generous primary bedroom with a fireplace, vaulted ceilings, walk-in closet and a deck to capture the views. The home features 5 bedrooms, 4.5 bathrooms, an oversized kitchen, a generous living area, and a wraparound yard ideal for entertaining and enjoying the beautiful Laguna Beach setting. Lovingly owned and cared for by the same family for the past 32 years, this special property is ready for its next chapter. This is your opportunity to create your own lasting memories in one of Laguna Beach’s most desirable coastal locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,700 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,404 | 2,244.917 |
| Lot Size | 7,700 | 6,150.208 |
| Price | $4.50M | $3.48M |
| Price per sq ft | $1.3K | $1.7K |
| Built year | 2004 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 23 | 73 |
Pricing History
Listed for Sale
Aug 17, 2026
$4,495,000
Initial Listing