2160 Ocean Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath

2160 Ocean Way, Laguna Beach, California 92651 home-pic-0
ACTIVE$4,989,000
2160 Ocean Way, Laguna Beach, California 92651
4Beds
4Baths
2,240Sqft
4,250Lot

Price Vs. Estimate

The estimated value ($4,162,335.45) is $826,664.55 (16%) lower than the list price ($4,989,000). This property may be overpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Incomplete Renovation Project: Described as an 'open canvas' with permits 'in final stages' and materials 'purchased,' the property is not move-in ready and requires the buyer to complete a significant renovation.

Compared to the nearby listings

Price:$4.99M vs avg $3.12M (+$1,864,000)78%
Size:2,240 sqft vs avg 2,018 sqft59%
Price/sqft:$2.2K vs avg $1.6K78%

More Insights

Built in 1973 (52 years old).
Condition: The property, built in 1973, is explicitly described as an 'open canvas' and an 'incomplete renovation project' where the buyer needs to 'complete a significant renovation' including the 'installation of finishes and appliances.' Permits are in the final stages, indicating the work has not yet been completed. There are no images of the current kitchen or bathrooms, which, combined with the description, strongly suggests these critical areas are either gutted, non-functional, or in a state requiring substantial work. This aligns with the 'Poor' criteria of requiring substantial repairs and rehabilitation, and not being move-in ready.
Year Built
1973
Close
-
List price
$4.99M
Original List price
$5.46M
Price/Sqft
$2,227
HOA
-
Days on market
-
Sold On
-
MLS number
NP25068561
Home ConditionPoor
Features
Excellent View: Catalina, Ocean
Deck
Pool
Patio
ViewCatalina, Ocean

About this home

Nestled in a picturesque coastal neighborhood on a quiet oceanfront street, this charming New England-style cottage enjoys a rare location just steps from the stunning shores of Moss Point Beach and Woods Cove Beach. Offering breathtaking panoramic views of the ocean and Catalina Island. Surrounded by lush rose gardens, a welcoming stained-glass Dutch door, and meandering flagstone pathways, the residence exudes curb appeal. Inside, the four-bedroom home features wide-plank brushed French Oak floors on the first level and an open canvas so it can be tailored to your needs. The current homeowner intended to move to this property and has purchase many of the fine finishes and appliances. Permits are in the final stages with the City. We have included some renderings and plans. Designed for seamless indoor-outdoor living, the interior spans approximately 2,240 square feet and includes six sets of French doors leading to various outdoor spaces. A generous balcony provides the perfect vantage point for breathtaking sunsets, while the backyard oasis features a sparkling pool and secluded outdoor living. Additional highlights include central air conditioning, and a two-car garage. Located near secluded beaches, top-tier dining, renowned art galleries, and upscale boutiques, this coastal retreat offers the perfect opportunity to blend relaxation and sophistication.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.6mi
9/10
El Morro Elementary School
Public,K-53.3mi
9/10
Thurston Middle School
Public,6-81.6mi
9/10
Laguna Beach High School
Public,9-121.2mi
Condition Rating
Poor

The property, built in 1973, is explicitly described as an 'open canvas' and an 'incomplete renovation project' where the buyer needs to 'complete a significant renovation' including the 'installation of finishes and appliances.' Permits are in the final stages, indicating the work has not yet been completed. There are no images of the current kitchen or bathrooms, which, combined with the description, strongly suggests these critical areas are either gutted, non-functional, or in a state requiring substantial work. This aligns with the 'Poor' criteria of requiring substantial repairs and rehabilitation, and not being move-in ready.
Pros & Cons

Pros

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).
Exceptional Oceanfront Location: Nestled on a quiet oceanfront street, the property offers rare direct access to Moss Point Beach and Woods Cove Beach, a highly desirable coastal position.
Breathtaking Panoramic Views: The residence boasts stunning panoramic views of the Pacific Ocean and Catalina Island, enhancing its appeal and value.
Renovation-Ready with Acquired Materials: Significant value is added by the current homeowner having purchased many fine finishes and appliances, with permits in final stages, providing a clear path for customization.
Seamless Indoor-Outdoor Living: Designed for coastal living, it features six sets of French doors, a generous ocean-view balcony, a sparkling pool, and secluded outdoor spaces.
Charming Curb Appeal & Essential Amenities: The property exudes curb appeal with lush rose gardens and flagstone pathways, and includes central air conditioning and a valuable two-car garage.

Cons

Incomplete Renovation Project: Described as an 'open canvas' with permits 'in final stages' and materials 'purchased,' the property is not move-in ready and requires the buyer to complete a significant renovation.
Buyer's Project Management Required: The new owner will need to undertake the project management of the renovation, including the installation of finishes and appliances, which demands considerable time and effort.
Potential for Unforeseen Costs: While materials are purchased, the completion of the renovation project on a 1973-built home may uncover unexpected costs or delays beyond the initial scope.

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