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2590 Iris, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 3 bath

2590 Iris, Laguna Beach, California 92651 home-pic-0
ACTIVE$3,200,000$1,531/sqft
Est. Value: $2,989,268
-6%
AboveEstimate
2590 Iris, Laguna Beach, California 92651
2Beds
3Baths
1,531Sqft
1,920Lot

Price Vs. Estimate

The estimated value ($2,989,267.925) is $210,732.075 (6%) lower than the list price ($3,200,000). 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:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1920, living area = 1531.

Compared to the nearby listings

Price:$3.20M vs avg $3.15M (+$45,000)51%
Size:1,531 sqft vs avg 2,109 sqft24%
Price/sqft:$2.1K vs avg $1.6K74%

More Insights

Built in 1955 (71 years old).
Condition: Despite being built in 1955, this property was 'completely rebuilt from the ground up in 2019,' including all-new plumbing, electrical, roof, AC, and water heater. The kitchen features modern stainless steel appliances and contemporary finishes, while the bathrooms are updated with a modern aesthetic. All components appear new or virtually new, aligning perfectly with the criteria for an extensively renovated property within the last 5 years.
Year Built
1955
Close
-
List price
$3.2M
Original List price
$3.2M
Price/Sqft
$2,090
HOA
-
Days on market
-
Sold On
-
MLS number
OC26005869
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Deck
ViewCatalina,City Lights,Coastline,Ocean,Panoramic,Water

About this home

A true top-of-the-world retreat, this exceptional two-bedroom residence with an additional office/den offers breathtaking panoramic ocean views from every room. Sweeping coastal vistas stretch as far as the eye can see, creating a rare and unforgettable living experience in Laguna Beach. Completely rebuilt from the ground up in 2019, the home features all-new plumbing, electrical systems, an aluminum 50 year roof, reverse-osmosis water filtration, AC, tankless water heater etc. Just like moving into a brand new home. Thoughtfully reimagined with a contemporary design, the residence showcases soaring windows that frame dramatic coastline views, including San Clemente and Catalina Islands. Abundant natural light fills the space, while a cozy fireplace sets the perfect ambiance for relaxing evenings accompanied by the sound of crashing waves. Panoramic ocean views extend to the patio and outdoor deck, ideal for entertaining or enjoying quiet moments of relaxation. The kitchen is equipped with stainless steel appliances, and the updated bathrooms complement the home’s modern aesthetic. A rare offering in the area, the property includes an attached single-car garage and ample street parking. The garage is currently configured as a third bedroom with heating and air conditioning, providing flexible living options, along with additional driveway parking. Enjoy spectacular coastal fireworks visible from Catalina Island to Malibu. Ideally located near pristine beaches, scenic hiking trails, and Laguna Beach’s renowned dining and art scene, this home truly captures the essence of elevated coastal living.

P
Peggy Aldinger
Listing Agent

Nearby schools

9/10
Top Of The World Elementary School
Public,•K-5•1.4mi
9/10
El Morro Elementary School
Public,•K-5•3.6mi
9/10
Thurston Middle School
Public,•6-8•1.6mi
9/10
Laguna Beach High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
10/15/13
Sold
$780,000
08/29/08
Sold
$834,000
03/30/05
Sold
$800,000
Condition Rating
Excellent
Despite being built in 1955, this property was 'completely rebuilt from the ground up in 2019,' including all-new plumbing, electrical, roof, AC, and water heater. The kitchen features modern stainless steel appliances and contemporary finishes, while the bathrooms are updated with a modern aesthetic. All components appear new or virtually new, aligning perfectly with the criteria for an extensively renovated property within the last 5 years.
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: Offers breathtaking panoramic ocean views from every room, including San Clemente and Catalina Islands, extending to the patio and outdoor deck, providing a rare and unforgettable living experience.
Extensive Recent Renovation: Completely rebuilt from the ground up in 2019 with all-new plumbing, electrical systems, a 50-year aluminum roof, reverse-osmosis water filtration, AC, and a tankless water heater, offering a 'brand new home' feel.
Modern Design & Features: Thoughtfully reimagined with a contemporary design, soaring windows, abundant natural light, a cozy fireplace, stainless steel kitchen appliances, and updated bathrooms.
Flexible Living Space: The attached single-car garage is currently configured as a third bedroom with heating and air conditioning, providing versatile living options.
Prime Laguna Beach Location: Ideally located near pristine beaches, scenic hiking trails, and Laguna Beach’s renowned dining and art scene, capturing the essence of elevated coastal living.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1920, living area = 1531.
Compact Lot Size: The property features a relatively small lot size of 1920 sqft, which may limit extensive outdoor living space or future expansion possibilities.
Limited Dedicated Bedrooms: While offering a flexible third bedroom (converted garage), the core residence is a two-bedroom home, which might not meet the needs of buyers requiring more traditional, dedicated bedrooms.
Potential for Steep Access: Given its 'top-of-the-world' and 'elevated' description, the property may involve steep access or hillside terrain, which could be a consideration for some buyers.
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