30802 Marilyn Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath
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Laguna Beach, California 92651
This Prime Coastal Development Asset is listed at $2,795,000, offering a rare "blank canvas" in the exclusive Ocean Vista enclave. While the $2,554,388 Fair Market Value reflects the home's Original 1957 Condition, the investment value is anchored by the 7,695 Sqft Lot and Exceptional Ocean Views just steps from the Montage Resort. Within the Laguna Beach Unified School District, this property presents a significant opportunity for forced appreciation through a custom luxury rebuild. This high-upside acquisition is perfectly suited for Luxury Developers or Owner-Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30802 Marilyn Drive Subject | $2,795,000* List Price | 3 | 2 | 1,697 | $1,503 | - |
A 30671 Marilyn Drive Sold | $2,500,000 | 3 | 2 | 1,248 | $2,003 | 0.1 mi |
B 779 Balboa Avenue Sold | $2,200,000 | 3 | 2 | 1,849 | $1,190 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a 1957 original build that has not been on the market or updated in over 55 years. While described as 'charming,' it is in original condition, meaning the kitchen, bathrooms, flooring, and major systems are significantly outdated and require substantial rehabilitation or a complete overhaul to meet modern standards, consistent with the listing's 'blank canvas' description.
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.
Situated in the exclusive Ocean Vista enclave, the property is just steps from the world-renowned Montage Resort and pristine beaches, offering a highly coveted South Laguna lifestyle.
Available for the first time in over 55 years, this original-condition home on a large 7,695 sqft lot presents a rare 'blank canvas' opportunity for a custom luxury rebuild or major renovation.
As an original 1957 structure, the home likely requires significant capital investment to modernize its systems, finishes, and layout to meet contemporary luxury standards.
Successive price reductions from the original $3.199M ask suggest the property has struggled to find its market value, which may impact buyer perception during negotiations.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,697 | 2,107 | 27% |
| Lot Size | 7,695 | 6,003 | 71% |
| Price | $2.79M | $3.04M | 42% |
| Price per sq ft | $1.6K | $1.6K | 54% |
| Built year | 1957 | 1964 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 237 | 183 | 69% |
Feb 21, 2026
$2,795,000
$2,995,000
-7% Price Drop
Initial Listing
Dec 3, 2025
$2,995,000
$3,199,900
-6% Price Drop
Initial Listing
Aug 28, 2025
$3,199,900
Initial Listing