
Laguna Beach, California 92651
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $5,799,000—positioned well below the $5,946,375 Fair Market Value by 2%. This valuation gap offers $147,375 in Instant Equity. Featuring an Excellent Condition Rating with a remodeled granite kitchen and smart-home technology, the residence offers panoramic ocean views. Located in the Laguna Beach Unified district with 9/10 rated schools, this property is an ideal sanctuary for discerning luxury buyers or owner-occupants seeking a turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31321 Ceanothus Subject | $5,799,000* List Price | 3 | 5 | 3,510 | $1,706 | - |
A 31331 Holly Drive Sold | $4,450,000 | 3 | 4 | 2,440 | $1,824 | 0.1 mi |
B 32015 Point Place Sold | $4,490,000 | 4 | 2 | 2,425 | $1,852 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone an extensive high-end renovation within the last 5 years. It features a modern chef's kitchen with top-tier stainless appliances, updated en-suite bathrooms with contemporary tile and fixtures, and advanced smart-home systems including Lutron lighting and automated glass doors. The interior shows in mint condition with no visible maintenance needs.
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 offers rare whitewater and full Catalina Island views from nearly every room, framed by vaulted ceilings and walls of glass that maximize the premium coastal location.
Extensively updated with smart-home technology, including Lutron lighting, automated glass doors, and state-of-the-art AV systems, providing a turnkey, contemporary living experience.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4200, living area = 3510.
With a lot size of 4,200 square feet for a 3,510 square foot residence, the outdoor garden space is relatively compact, which may limit utility for buyers seeking expansive yards.
Despite the generous 3,510 square foot floor plan and high price point, the home only offers three bedrooms, potentially limiting its appeal to larger families or those requiring more guest rooms.
Stunning whitewater and full Catalina Island views from almost every room, framed by distinctive architecture and gorgeous finishes - 31321 Ceanothus Drive is a singular opportunity to own the best of Southern California beach living. Just blocks from some of the best beaches in renowned Laguna Beach, the home was carefully and stylishly updated to create a comfortable and chic residence. Views abound from virtually every room. Designed to embrace its incredible setting, vaulted ceilings, clerestory windows and walls of glass fill the interiors with natural light and create a seamless connection to multiple view patios and balconies. Automated glass doors opening from both the kitchen and family room further dissolve the boundary between indoors and out, allowing the home to fully embrace its coastal surroundings. The play of light across the day and into the night is dramatic and breathtaking. The main level features generous living and family rooms, each with a stone-surround fireplace, along with a remodeled kitchen appointed with granite countertops, top-tier stainless steel appliances and an abundance of storage. The dining room can accommodate a crowd, dominated by a “picture frame” window taking in Pacific Ocean views that feel like a piece of art. All three bedrooms include en-suite baths. Rebuilt and expanded to create a truly luxurious retreat, the primary suite is a destination unto itself, with ocean vistas, a private view deck, fireplace and sitting area. The oversized spa bath will transport you - the finishes are superb, and amenities include a jetted tub and multi-head shower. An exceptionally spacious walk-in closet, a rare Laguna Beach luxury, provides an elegant and beautifully appointed place to prepare for the day. The style does not mean function was forgotten - abundant storage, a convenient garage, motorized doors and shades, numerous smart-home features for sound, sophisticated security cameras, Lutron lighting, state-of-the-art AV, and more. This is a home intended to allow you to enjoy the beach lifestyle, either as a primary residence or an easy lock-and-leave vacation home. The gardens are like a little personal park, plenty to enjoy and explore, with fun surprises and view perspectives at every turn. With a peaceful, tucked-away feel, this home offers a rare combination of privacy, dramatic views and easy access to the restaurants, galleries, boutiques and beaches that make Laguna Beach a world-class destination.
No exterior & parking available.
Grades K-5 • 5.0 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,510 | 2,244.917 |
| Lot Size | 4,200 | 6,150.208 |
| Price | $5.80M | $3.48M |
| Price per sq ft | $1.7K | $1.7K |
| Built year | 1983 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 44 | 73 |
Jul 27, 2026
$5,799,000
Initial Listing
May 31, 2016
$2,300,000
Public Record
Mar 3, 1995
$560,000
Public Record