30802 Marilyn Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath
ACTIVE$2,995,000
30802 Marilyn Drive, Laguna Beach, California 92651
3Beds
2Baths
1,697Sqft
7,695Lot
Year Built
1957
Close
-
List price
$3M
Original List price
$3.2M
Price/Sqft
$1,765
HOA
-
Days on market
-
Sold On
-
MLS number
LG25187939
Home ConditionTear down
Features
Excellent View: Ocean, Water
Patio
ViewOcean, Water
About this home
Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.00M(46th), sqft - 1697(35th), beds - 3(50th), baths - 2(36th).
First time on the market in over 55 years! This charming, original 4 bedroom 2 bath single level floorplan is situated on a prime large ocean view lot just steps away from fine dining and the pristine beaches at the legendary Montage resort. This small "Ocean Vista" enclave of approximately 80 homes just might be the best kept secret in Laguna Beach! Very few people ever want to leave this neighborhood making this a rare opportunity to create the home of your dreams! Don't miss this one!
Price History
Date
Event
Price
12/03/25
Price Change
$2,995,000-6.4%
08/28/25
Listing
$3,199,900
Condition Rating
Tear down
Built in 1957, this property is explicitly described as 'original' and on the market for the first time in over 55 years, indicating no major renovations in more than five decades. The kitchen features original wood cabinets, dated white tile countertops and backsplash, and older appliances. The bathroom is equally dated with pink walls, tile countertops, and an old vanity light fixture. Flooring consists of older hardwood, carpet, and dated tile. The property analysis confirms 'Extensive Renovation Required' and 'Potential for Outdated Infrastructure.' While the structure may not be physically collapsing, its functional obsolescence and the need for complete replacement of all major systems and finishes, coupled with the prime location, suggest its value is primarily in the land and its potential for redevelopment, aligning with the 'tear-down' criteria of a property built over 50 years ago with no major renovations in the past 50 years.
Pros & Cons
Pros
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 = 7695, living area = 1697.
Prime Location & Exclusivity: Situated in the highly desirable 'Ocean Vista' enclave of Laguna Beach, described as a 'best kept secret,' offering an exclusive and sought-after living environment.
Exceptional Ocean Views: The property boasts a 'prime large ocean view lot' with confirmed 'Ocean, Water' views, significantly enhancing its appeal and value.
Unbeatable Proximity to Amenities: Located just steps away from fine dining and the pristine beaches at the legendary Montage resort, offering unparalleled convenience and lifestyle.
Significant Renovation/Development Potential: Being on the market for the first time in over 55 years presents a rare opportunity to 'create the home of your dreams,' indicating high potential for customization and value appreciation.
Generous Lot Size: A substantial 7,695 sqft lot in a prime coastal area like Laguna Beach provides ample space for potential expansion, landscaping, or outdoor living enhancements.
Cons
Extensive Renovation Required: Built in 1957 and described as 'original' after 55+ years of ownership, the property likely requires significant modernization and upgrades to meet current market expectations and standards.
Recent Price Reduction: A recent price adjustment from $3.1999M to $2.995M suggests the initial listing price may have been ambitious or market interest has been slower than anticipated.
Potential for Outdated Infrastructure: Given its age and long-term ownership, critical systems such as plumbing, electrical, and potentially HVAC may be original and nearing the end of their lifespan, necessitating costly replacements.