21462 Ocean Vista, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 5 bath
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21462 Ocean Vista
Laguna Beach, California 92651
ACTIVE
CONDITION: FAIR
5Beds
5Baths
3,404Sq Ft
7,700Lot Size
Property Price
LIST PRICE$4,295,000
EST. MARKET VALUE
$4,338,428
SUMMARY
This Spacious Coastal Residence represents a High-Potential Investment Opportunity, listed at $4,495,000—positioned slightly above the $4,448,745 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and prime location near Montage Park offer significant upside. The home features Panoramic Ocean and Catalina Island Views and a Generous 3,404 SqFt Layout, providing a rare foundation for luxury customization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to renovate a legacy home in a premier Laguna Beach neighborhood.
Estimated Market Value
$4,338,428
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 5 bd · 5 ba · 3,404 sqft · $1,275 | $4,295,000* List Price | 5 | 5 | 3,404 | $1,275 | - |
A 725 Balboa Avenue Sold 4 bd · 3 ba · 3,316 sqft · $1,297 · 0.6 mi | $4,300,000 | 4 | 3 | 3,316 | $1,297 | 0.6 mi |
B 616 Bolsana Drive Active 3 bd · 3 ba · 3,950 sqft · $1,265 · 0.5 mi | $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
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is now 20 years old and appears to have original finishes. The kitchen and bathrooms feature dated oak cabinetry and tile work consistent with early 2000s styling. While well-maintained and functional, the home is 'ready for its next chapter,' indicating a need for cosmetic updates and modernization to meet current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated within walking distance to Montage Park and Treasure Island Beach, this property offers exceptional access to Laguna Beach’s premier shorelines and high-end dining.
- Exceptional Ocean Views
The residence captures stunning vistas of the Pacific Ocean and Catalina Island, particularly from the expansive primary suite and its private viewing deck.
- Generous Living Space
With 5 bedrooms and over 3,400 square feet of interior space, this home provides a rare level of scale and utility for a single-family residence in this price bracket.
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.
- Need for Modernization
Having been held by the same family for 32 years, the home likely requires cosmetic and functional updates to meet the expectations of today's luxury buyers.
- Market Competition
While priced competitively for its size, the property may face challenges from turnkey listings that offer more contemporary finishes at a similar price point.
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 | 3.5 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,404 | 2,265.258 |
| Lot Size | 7,700 | 6,028.677 |
| Price | $4.29M | $3.56M |
| Price per sq ft | $1.3K | $1.7K |
| Built year | 2004 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 69 | 74 |
Pricing History
Listed for Sale
Oct 10, 2026
$4,295,000
$4,495,000
-4% Price Drop
Initial Listing
Price Change
Aug 17, 2026
$4,495,000
Initial Listing