28832 Shady Lane, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath
28832 Shady Lane
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 28832 Shady Lane, Laguna Beach, California 92651 reveals a property with a current list price of $3,100,000, which is 5% above the estimated $2,919,483 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28832 Shady Lane Subject | $3,100,000* List Price | 3 | 3 | 2,031 | $1,437 | - |
A 2888 Bernard Court Sold | $2,800,000 | 4 | 3 | 2,610 | $1,073 | 0.2 mi |
B 28822 Alta Laguna Boulevard Sold | $2,245,000 | 2 | 2 | 1,658 | $1,354 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1974, the property is currently undergoing a comprehensive renovation, reimagined with contemporary coastal design and refined finishes. This extensive update means that upon completion, all components, including the kitchen and bathrooms, will be new or virtually new, meeting current quality standards. The description explicitly states buyers can customize finishes, indicating a high-end, modern outcome.
PROSSTRENGTHS & OPPORTUNITIES
- Prestigious Location & Views
Situated in Laguna Beach's coveted 'Top of the World' neighborhood, offering sweeping panoramic canyon views and a serene natural backdrop.
- Customization Potential
Unique opportunity for buyers to collaborate directly with the developer to personalize finishes and design elements during the ongoing comprehensive renovation.
- Modern Renovation & Design
Undergoing a full contemporary coastal design renovation with refined finishes, expansive windows, and a seamless indoor-outdoor flow.
CONSRISKS & DEFICIENCIES
- Premium Price Point
The $3.1 million listing price represents a significant investment, potentially narrowing the target buyer demographic.
- Renovation Completion Timeline
While offering customization, the property is 'currently undergoing a comprehensive renovation,' meaning it's not immediately move-in ready and completion timelines may vary.
- Original Construction Age
Despite the extensive renovation, the home's original construction year of 1974 means the underlying structure is older, which some buyers might consider a factor.
About 28832 Shady Lane
Buyers have a rare opportunity to purchase the property fully completed at the listing price, or to enter escrow before completion and collaborate directly with the developer to customize finishes, upgrades, and design elements to their personal vision. Perched in Laguna Beach’s coveted Top of the World neighborhood with sweeping canyon views and a serene, natural backdrop. This home is currently undergoing a comprehensive renovation, reimagined with contemporary coastal design, refined finishes, and a seamless indoor-outdoor flow. Expansive windows frame panoramic canyon vistas, bathing the interiors in natural light while connecting the home to its stunning surroundings. Tucked away on a quiet street surrounded by lush hillside scenery, this property offers the perfect blend of tranquility and proximity, just minutes from downtown Laguna’s beaches, boutiques, and art galleries, yet peacefully removed from the bustle below. Life at the top of the World means access to acclaimed hiking and biking trails and parks. From morning canyon walks to sunset ocean drives.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 4,475 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
Laguna Beach Unified Schools
Top Of The World Elementary School
Grades K-5 • 0.1 mi
El Morro Elementary School
Grades K-5 • 3.6 mi
Thurston Middle School
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,031 | 2,048 | 49% |
| Lot Size | 4,475 | 6,003 | 29% |
| Price | $3.10M | $3.06M | 51% |
| Price per sq ft | $1.5K | $1.6K | 47% |
| Built year | 1974 | 1965 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 200 | 24% |
Pricing History
Listed for Sale
Oct 27, 2025
$3,100,000
Initial Listing