31402 Ceanothus Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 6 bath

31402 Ceanothus Drive, Laguna Beach, California 92651 home-pic-0
ACTIVE$8,250,000
31402 Ceanothus Drive, Laguna Beach, California 92651
5Beds
6Baths
4,292Sqft
8,174Lot

Price Vs. Estimate

The estimated value ($7,397,205.65) is $852,794.35 (10%) lower than the list price ($8,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
Above Market Estimation: The current listing price of $8.25 million is notably higher than the property's estimated value of approximately $7.4 million, suggesting it may be aggressively priced relative to current market assessments.

Compared to the nearby listings

Price:$8.25M vs avg $3.12M (+$5,125,000)91%
Size:4,292 sqft vs avg 2,018 sqft93%
Price/sqft:$1.9K vs avg $1.6K64%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this property is 21 years old, placing it just outside the typical 'Good' built-year range but still within the scope for a well-maintained home. The description highlights 'premium appliances,' 'custom cabinetry,' and a 'spa-like en-suite bathroom,' indicating high-quality finishes for its time. Images show a modern, open-concept design with soaring ceilings, expansive windows, and what appears to be well-maintained tile/stone flooring. While the bathroom's marble style might reflect its 2003 origin, it remains luxurious and functional. The property is clearly move-in ready with no immediate renovations required, and its systems are presumed to be well-maintained, aligning with the 'Good' criteria for minimal wear and tear and functional major systems. The phrase 'endless potential to elevate it' suggests it's not a brand-new renovation but is in excellent condition, offering a solid foundation for future personalization rather than requiring essential updates.
Year Built
2003
Close
-
List price
$8.25M
Original List price
$8.25M
Price/Sqft
$1,922
HOA
-
Days on market
-
Sold On
-
MLS number
LG25011442
Home ConditionGood
Features
Excellent View: Catalina, City Lights, Coastline, Canyon, Harbor, Hills, Neighborhood, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina,City Lights,Coastline,Canyon,Harbor,Hills,Neighborhood,Ocean,Panoramic,Water

About this home

This magnificent property offers unparalleled ocean views. Situated in the Coast Royal neighborhood, it delivers the ultimate coastal living experience. Upon entering, you’ll be welcomed by an open-concept design that seamlessly connects the living, dining, and kitchen areas. Soaring ceilings and expansive windows bathe the space in natural light, creating a warm and inviting ambiance. The kitchen features premium appliances, custom cabinetry, and a spacious island, making it perfect for hosting gatherings. The living room, with its sleek fireplace, opens to a generous outdoor patio through sliding glass doors, offering a stunning backdrop of ocean views and picture-perfect sunsets. The master suite is a luxurious retreat, complete with breathtaking ocean views, a spa-like en-suite bathroom, and a walk-in closet. Three additional bedrooms are equally spacious and bright, each with beautiful views. A bonus room adds versatility, ideal for use as an ADU, gym, or media space. This home’s unbeatable location, elegant design, and solid foundation make it a rare find, with endless potential to elevate it into a truly one-of-a-kind coastal masterpiece. Don’t miss the chance to own this exceptional property and experience the very best of coastal living.

Nearby schools

9/10
El Morro Elementary School
Public,K-55.1mi
9/10
Thurston Middle School
Public,6-83.1mi
9/10
Laguna Beach High School
Public,9-123.0mi
Condition Rating
Good

Built in 2003, this property is 21 years old, placing it just outside the typical 'Good' built-year range but still within the scope for a well-maintained home. The description highlights 'premium appliances,' 'custom cabinetry,' and a 'spa-like en-suite bathroom,' indicating high-quality finishes for its time. Images show a modern, open-concept design with soaring ceilings, expansive windows, and what appears to be well-maintained tile/stone flooring. While the bathroom's marble style might reflect its 2003 origin, it remains luxurious and functional. The property is clearly move-in ready with no immediate renovations required, and its systems are presumed to be well-maintained, aligning with the 'Good' criteria for minimal wear and tear and functional major systems. The phrase 'endless potential to elevate it' suggests it's not a brand-new renovation but is in excellent condition, offering a solid foundation for future personalization rather than requiring essential updates.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Unparalleled Ocean Views: The property boasts breathtaking, unparalleled ocean views, including Catalina, coastline, and panoramic water vistas from multiple vantage points, significantly enhancing its desirability and value.
Prime Coastal Location: Situated in the prestigious Coast Royal neighborhood of Laguna Beach, the property offers an unbeatable location for an ultimate coastal living experience.
Luxurious & Modern Design: Featuring an open-concept design, soaring ceilings, expansive windows for natural light, a sleek fireplace, and a master suite with a spa-like en-suite bathroom, the home exudes elegance and modern comfort.
High-End Kitchen: The kitchen is equipped with premium appliances, custom cabinetry, and a spacious island, making it ideal for entertaining and gourmet cooking.
Versatile Bonus Room: A dedicated bonus room provides significant flexibility, suitable for conversion into an Accessory Dwelling Unit (ADU), gym, or media space, adding functional value.

Cons

Above Market Estimation: The current listing price of $8.25 million is notably higher than the property's estimated value of approximately $7.4 million, suggesting it may be aggressively priced relative to current market assessments.
Potential for Further Investment: The description highlights 'endless potential to elevate it into a truly one-of-a-kind coastal masterpiece,' implying that additional significant investment may be required to fully modernize or customize the property to the highest luxury standards throughout.
Lack of Specific Smart Home Features: The property description does not detail advanced smart home systems, integrated security, or other cutting-edge luxury technological amenities often expected in high-end properties of this caliber and price point.

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