2517 Iris Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

2517 Iris Way, Laguna Beach, California 92651 home-pic-0
ACTIVE$5,750,000
2517 Iris Way, Laguna Beach, California 92651
3Beds
3Baths
2,200Sqft
3,600Lot

Price Vs. Estimate

The estimated value ($5,000,681.45) is $749,318.55 (13%) lower than the list price ($5,750,000). 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:
Aggressive Pricing: The current list price of $5.75 million is notably higher than the estimated property value of approximately $5.00 million, which may impact market appeal and time on market.

Compared to the nearby listings

Price:$5.75M vs avg $3.12M (+$2,625,000)84%
Size:2,200 sqft vs avg 2,018 sqft57%
Price/sqft:$2.6K vs avg $1.6K90%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019 and underwent a full architectural reimagining in the same year, making it virtually new. The description highlights bespoke cabinetry, Neolith counters, high-end Smeg and Sub-Zero appliances in the kitchen, and spa-inspired bathrooms with Neolith, stone, and quartz finishes. Wide-plank oak and stone flooring, Kolbe & Kolbe Vista Luxe windows, owned Tesla solar with battery backup, and 3-zone HVAC further confirm its top-tier condition and modern features. The images consistently showcase pristine, contemporary design and high-quality materials throughout, with no signs of wear or deferred maintenance.
Year Built
2019
Close
-
List price
$5.75M
Original List price
$5.75M
Price/Sqft
$2,614
HOA
-
Days on market
-
Sold On
-
MLS number
OC25127662
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina,City Lights,Coastline,Ocean,Panoramic,Water

About this home

A stunning ocean view showpiece in the heart of Laguna Beach, this architecturally significant residence is a refined expression of modern coastal design. Originally designed by J. Lamont Langworthy & fully reimagined by Laidlaw Schultz Architects in 2019, the home blends timeless craftsmanship with luxury living, offering panoramic ocean, coastline, Catalina Island & sunset views, a highly efficient layout that lives larger than its footprint, & a seamless indoor-outdoor flow. The courtyard is a private sanctuary adorned with cascading planters, bougainvillea, white roses, & an inviting seating area that connects to the main living areas through bifold glass doors-creating a breezy, integrated flow w/sightlines to the water. Beyond the custom steel & glass front door, a striking floating staircase sets the tone for the sophisticated interiors. The open-concept kitchen features bespoke Thometz cabinetry, Neolith counters & waterfall island, & a curated mix of steel, wood, and stone. Smeg & Sub-Zero appliances blend style w/performance, while the kitchen flows effortlessly into dining & living areas, ideal for entertaining against a dramatic coastal backdrop. Walls of bifold & multi-slide glass doors open to a coastline view deck with frameless glass railings, enhancing the home's indoor-outdoor lifestyle. Lower level primary suite is anchored by a board-formed concrete feature wall & includes oversized sliding doors to a private patio, European-style closets, and a spa-inspired bath with Neolith surfaces, stone flooring, & serene ocean views. Adjacent is a flexible space perfect for a gym, dressing room, or walk-in closet. The loft functions as a dramatic ocean view third bedroom & additional living space, showcasing a dramatic steel-framed entry, sliding window system, custom built-ins, & a stunning full bath with stone & quartz finishes. A separate casita suite with ocean views and walls of windows adds versatility, ideal as a guest retreat, creative studio, or executive office. Additional features include wide-plank oak and stone flooring, Kolbe & Kolbe Vista Luxe windows, owned Tesla solar with battery backup, automatic shades, 3-zone HVAC, & a Corten steel roof & gutter system. This is not just a home, it’s a modern coastal sanctuary where design, light, and landscape converge. From its meticulously curated materials to its breathtaking vantage points, this residence offers an elevated living experience in one of Laguna Beach’s most iconic settings.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.4mi
9/10
El Morro Elementary School
Public,K-53.5mi
9/10
Thurston Middle School
Public,6-81.6mi
9/10
Laguna Beach High School
Public,9-121.4mi
Condition Rating
Excellent

This property was built in 2019 and underwent a full architectural reimagining in the same year, making it virtually new. The description highlights bespoke cabinetry, Neolith counters, high-end Smeg and Sub-Zero appliances in the kitchen, and spa-inspired bathrooms with Neolith, stone, and quartz finishes. Wide-plank oak and stone flooring, Kolbe & Kolbe Vista Luxe windows, owned Tesla solar with battery backup, and 3-zone HVAC further confirm its top-tier condition and modern features. The images consistently showcase pristine, contemporary design and high-quality materials throughout, with no signs of wear or deferred maintenance.
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).
Panoramic Ocean Views: The property offers breathtaking panoramic ocean, coastline, Catalina Island, and sunset views from multiple vantage points, significantly enhancing its desirability and value.
Architectural Significance & Recent Renovation: Originally designed by J. Lamont Langworthy and fully reimagined by Laidlaw Schultz Architects in 2019, this residence boasts modern coastal design and timeless craftsmanship.
Luxury Finishes & High-End Appliances: Features bespoke Thometz cabinetry, Neolith counters, Smeg & Sub-Zero appliances, wide-plank oak and stone flooring, and Kolbe & Kolbe Vista Luxe windows, reflecting superior quality.
Seamless Indoor-Outdoor Living: Designed with a highly efficient layout and seamless indoor-outdoor flow, including bifold and multi-slide glass doors connecting living areas to a private courtyard and view deck.
Advanced Energy Efficiency & Smart Home Features: Equipped with owned Tesla solar with battery backup, automatic shades, 3-zone HVAC, and a Corten steel roof, providing modern comfort and sustainability.

Cons

Aggressive Pricing: The current list price of $5.75 million is notably higher than the estimated property value of approximately $5.00 million, which may impact market appeal and time on market.
Modest Square Footage for Price Point: With 2200 sqft, the interior living space is relatively compact for a luxury property in this price range, potentially limiting appeal for buyers seeking larger residences.
Limited Outdoor Amenities: While featuring a private courtyard and view decks, the property description does not mention a pool or spa, which are often expected luxury amenities in this high-end coastal market.

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