
Laguna Beach, California 92651
This Modernized Coastal Sanctuary is a High-Potential Investment Opportunity, listed at $3,299,000—positioned well below the $3,908,500 Fair Market Value by 15%. This significant valuation gap provides $609,500 in Instant Equity. Boasting a Condition Rating of 2 following a high-end renovation, the home features a gourmet kitchen with Viking appliances and a rare 16,988 sqft flat lot with panoramic ocean and Catalina Island views. Located in the prestigious Top of the World neighborhood with 9/10 rated schools, it perfectly balances luxury lifestyle with substantial financial upside. This is an ideal acquisition for Owner-Occupants or Savvy Luxury Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3121 Bern Drive Subject | $3,299,000* List Price | 5 | 3 | 2,088 | $1,872 | - |
A 3143 Bonn Drive Sold | $3,495,000 | 4 | 4 | 2,057 | $1,699 | 0.2 mi |
B 1651 Thurston Dr Sold | $3,990,517 | 3 | 4 | 2,272 | $1,756 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a gourmet kitchen with top-tier Viking and Bosch appliances, quartz countertops, and a farmhouse sink. All bathrooms have been fully remodeled with premium finishes like Carrara marble and porcelain tile. Additionally, the home includes updated systems such as fiber optic wiring and modern redwood exterior accents, presenting in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 2088.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property features a massive 16,988 sqft lot with a rare flat lawn and mature gardens, perfectly paired with stunning ocean and Catalina Island views, a unique combination for the Laguna Beach hillside.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16988, other record lot size in square feet = 17160.
With 5 bedrooms distributed across only 2,088 square feet, individual room sizes and common living areas may feel relatively small for a luxury home at this price point.
Despite high-end interior updates, the 1966 construction may present challenges or maintenance needs associated with older structural and plumbing systems compared to newer builds.
Modern design meets Laguna living at 3121 Bern Drive. Situated in desirable Top of the World neighborhood just up Park Avenue from downtown Laguna Beach. A rare Laguna find of large flat lawn with mature trees and gardens combined with ocean and Catalina Island view. Versatile floor plan that allows for main floor living if preferred with all conveniences on the main floor and no steps to access the home. Stone pathway with green plantings leads to a custom front double door with glass panes under sleek redwood siding design. The high vaulted main room enjoys an ocean and Catalina view and a gas fireplace with painted brick surround. The front dining area has built-in bench seating with storage, modern chandelier and floating wall shelving. Every room has a view to the green spaces surrounding this home, affording privacy combined with nature. The gourmet kitchen features Quartz counters, subway tile backsplash, Kohler farmhouse sink with gooseneck fixture, custom cabinetry and top of the line appliances including Viking gas range & microwave, Bosch dishwasher, new LG French door refrigerator/freezer. Dedicated dining room with glass pendant chandelier, this room can dual as a den/office, has kitchen bar seating and wonderful breezes through French & sliding glass doors that connect to the outdoor areas. The lush back patio with yard has flowering plantings, built-in gas fire pit, seating. The main floor primary suite remodeled with porcelain tile shower, dual Carrara marble vanities, walk-in closet with solid maple custom crafted organizers. An additional bedroom, remodeled half bathroom and separate laundry room complete the first level. Upstairs are three bedrooms and a remodeled bath with shower over tub. The corner upstairs bedroom has been enhanced by the addition of French doors to an ocean view deck with brilliant redwood material, glass rail partitions, framing stunning sunsets and Catalina Island over the ocean. Fiber optic underground wiring at this property has been completed for highly enhanced connectivity. The oversized driveway fits up to three vehicles and the two car garage provides direct access into the house. Alta Laguna Park & open space trails are just blocks away, providing pickle ball and tennis courts, park, playground and fields. Bern benefits as one of the most central locations to all K-12th grades with award winning Top of the World Elementary, Thurston Middle and Laguna Beach High School accessed within minutes.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 3.3 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,088 | 2,107 | 49% |
| Lot Size | 16,988 | 6,003 | 93% |
| Price | $3.30M | $3.10M | 55% |
| Price per sq ft | $1.6K | $1.6K | 50% |
| Built year | 1966 | 1965 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 180 | 6% |
Mar 17, 2026
$3,299,000
Initial Listing
Jul 9, 2021
$1,900,000
Public Record
Mar 17, 2015
$1,200,000
Public Record