
Laguna Beach, California 92651
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,065,000—positioned well below the $1,010,545 Fair Market Value by -5%. While the property maintains a Condition Rating of 4, its original 1985 finishes provide a clear path for value-add renovations. Located in the Laguna Beach Unified School District with 9/10 rated schools, this home offers a rare entry point into a premium coastal market. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 La Costa Court Subject | $999,000* List Price | 3 | 3 | 1,289 | $766 | - |
A 24 Encinitas Court Sold | $1,277,000 | 4 | 3 | 1,665 | $767 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is well-maintained but dated. While the main living areas feature updated white oak laminate flooring and the kitchen has newer stainless steel appliances, the kitchen and bathrooms are described as having 'original charm,' indicating they are nearly 40 years old and require modernization.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
As one of the most affordably priced detached single-family homes in Laguna Beach, this property offers a rare entry-level opportunity into a high-demand coastal market with significant upside potential.
The property is served by the award-winning Laguna Beach Unified School District, with all assigned schools holding a high rating of 9/10, making it highly attractive for families and protecting long-term resale value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The kitchen retains its original 1985 condition, necessitating a modern renovation to meet current luxury standards and buyer expectations in the Laguna Beach area.
With a lot size of only 2,800 square feet, the outdoor space is limited to a small patio, which may be a drawback for buyers seeking a larger yard or significant privacy buffers.
This lovely single family detached home is set within the highly sought-after California Cove community of Laguna Beach. With three bedrooms and two and a half bathrooms, this home offers an exceptional opportunity to own in one of Southern California's most desirable coastal cities at one of its most accessible price points. Tucked into the peaceful hills of Laguna Canyon, residents enjoy a serene setting just minutes from world-renowned beaches, acclaimed restaurants, art galleries, shopping, and all that downtown Laguna Beach has to offer. A soaring two-story entry welcomes you into a light-filled living and dining area where vaulted ceilings, expansive windows, and a dramatic floor-to-ceiling brick fireplace create an inviting sense of space. White oak laminate flooring extends throughout the main level, while the open-concept layout flows seamlessly to a private backyard patio—perfect for outdoor entertaining, or simply enjoying the coastal climate. The kitchen retains its original charm and presents an excellent opportunity for a new owner to customize the space to their own style and tastes. Upstairs, the primary suite includes a walk-in closet and en-suite bath, while two additional bedrooms share a full bathroom. With a low monthly HOA, attached two-car garage, nearby hiking and biking trails, and access to the award-winning Laguna Beach Unified School District, this home represents an outstanding value and one of the most affordable opportunities currently available to own a detached single-family home in Laguna Beach. Whether you're searching for your first home, a coastal retreat, or an investment with upside potential, this is a rare chance to enjoy the Laguna Beach lifestyle without the typical Laguna Beach price tag.
No exterior & parking available.
Grades K-5 • 4.6 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,289 | 2,351 |
| Lot Size | 2,800 | 6,231 |
| Price | $999.0K | $3.25M |
| Price per sq ft | $775 | $1.7K |
| Built year | 1985 | 1969 |
| HOA | $160.0 | $3.0K |
| Days on market | 15 | 71 |
Jul 14, 2026
$999,000
$1,065,000
-6% Price Drop
Initial Listing
Jul 7, 2026
$1,065,000
Initial Listing