22315 3rd Avenue, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

22315 3rd Avenue, Laguna Beach, California 92651 home-pic-0

22315 3rd Avenue

Laguna Beach, California 92651

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,325Sq Ft
13,939Lot Size

Property Price

LIST PRICE$3,995,000

SUMMARY

Analysis of 22315 3rd Avenue, Laguna Beach, California 92651 is currently available with a list price of $3,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1954, this property has undergone an extensive, high-end modern renovation. The kitchen is fully updated with contemporary high-gloss cabinetry, butcher block countertops, and stainless steel appliances. The home features polished flooring, updated recessed lighting, and custom exotic wood finishes throughout, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 13939, living area = 2325.

  • Panoramic Ocean Views

    The property features breathtaking, unobstructed views of the Pacific Ocean, Catalina Island, and the coastline from nearly every room across all three levels.

  • Expansive Lot Potential

    Sitting on a rare 13,939 sq. ft. lot described as a 'mini ranch,' the property offers significant space for further expansion, ADU potential, or elaborate landscaping.

CONSRISKS & DEFICIENCIES

  • Multi-Level Layout

    The three-story configuration may pose accessibility challenges for some buyers or those specifically seeking a more traditional single-level living experience.

  • Vintage Infrastructure

    Built in 1954, the property may require updates to core systems or structural elements to meet modern energy efficiency and building standards.

  • Market Days and Pricing History

    A significant price reduction of $1 million and extended time on the market since late 2023 may create a perception of initial overvaluation among savvy investors.

About 22315 3rd Avenue

Welcome to your coastal oasis perched atop the apex of 3rd Avenue in the heart of the South Laguna Village. This midcentury masterpiece seamlessly blends custom design and exotic woods with panoramic ocean views from nearly every room on all three levels. A rarely sold retreat in one of Southern California’s most coveted locales. This property is a testament to meticulous maintenance and pride of ownership. Often referred to as a park or “mini ranch,” the expansive lot offers endless opportunities to continue building and adding on. Lush greenery, an outdoor fireplace and three large ocean view decks invite you to indulge in captivating ocean sunsets, both Catalina and San Clemente Islands, sailboats, and occasional whale and porpoise discovery! On the clearest days, you will experience views up the coast to Long Beach and Palos Verdes. As you step through the custom-made door and enter on the middle level, you will immediately be captivated by the endless ocean vistas that welcome you. This level boasts a thoughtfully arranged bedroom, a stylish bathroom, and a kitchen that opens seamlessly to a large ocean-facing deck—ideal for alfresco dining or simply soaking in the coastal ambiance. The living room, complete with a fireplace and a charming dining nook, make this level a perfect space for both relaxation and entertaining. Ascend upstairs to discover the ultimate in luxury living—the primary suite. With privacy, breathtaking ocean views and custom wood features, this retreat is a haven of tranquility. Venture downstairs to find an inviting office space, an additional bathroom, and a bedroom that opens up to an ocean-facing seating area, creating a flexible and dynamic living environment.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
13,939 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,3252,054
59%
Lot Size13,9396,041.5
92%
Price$4.00M$3.06M
69%
Price per sq ft$1.7K$1.6K
62%
Built year19541965
32%
HOA$0$0
50%
Days on market833202
0%

Pricing History

Listed for Sale

Sep 3, 2025

$3,995,000

Initial Listing

Price Change

Nov 25, 2023

$4,995,000

Initial Listing

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