31423 Coast 51, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath

31423 Coast 51, Laguna Beach, California 92651 home-pic-0

31423 Coast 51

Laguna Beach, California 92651

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,579Sq Ft
Lot Size

Property Price

LIST PRICE$4,995,000

SUMMARY

Analysis of 31423 Coast 51, Laguna Beach, California 92651 is currently available with a list price of $4,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1962, the property has been meticulously remodeled with high-end finishes and modern conveniences, as stated in the description and evident in the images. The kitchen features top-of-the-line stainless steel appliances (e.g., Viking range/hood, built-in refrigerator), custom wood cabinetry, luxurious stone countertops, and modern pendant lighting. The overall interior boasts contemporary design, updated tile flooring, coffered ceilings with recessed lighting, and appears virtually new with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 Oceanfront Views

    The residence offers breathtaking, sweeping whitewater views of the Pacific Ocean, Laguna's North Coast, Catalina, and rocks from an ocean-facing balcony, enhancing its luxury appeal.

  • Exclusive Guard-Gated Community

    Situated in Laguna Royale, a prestigious guard-gated beachfront community providing 24/7 security and an elevated sense of privacy and luxury.

CONSRISKS & DEFICIENCIES

  • High Monthly Association Fees

    The substantial monthly association fee of $2,390.03 significantly adds to the cost of ownership and may deter some buyers.

  • Building Age

    Constructed in 1962, the building's age, despite interior remodels, could imply potential for older infrastructure or higher maintenance costs for common areas.

  • Recent Price Reduction

    The property has undergone a recent price reduction from its original list price of $5.4M to $4.995M, which might suggest an initial overvaluation or extended time on the market.

About 31423 Coast 51

Wake up each morning to the soothing rhythm of the ocean, with endless horizons, sparkling tidepools, and sweeping whitewater views, all from your own private coastal retreat. Situated in the prestigious, guard-gated beachfront community of Laguna Royale overlooking iconic West Street Beach, this spacious and rarely available 3-bedroom residence has been meticulously remodeled with high-end finishes and modern conveniences—including in-unit laundry—for effortless luxury living. The open-concept kitchen, living, and dining areas flow seamlessly onto a full-length, ocean-facing balcony, ideal for taking in the breathtaking views of the Pacific Ocean and Laguna’s picturesque North Coast. While many homes promise ‘resort-style living,’ Laguna Royale truly delivers. With two expansive communal decks featuring outdoor seating, a heated oceanfront pool and spa, a fitness center, and 24/7 security, this exclusive community offers an unparalleled coastal lifestyle. Additionally, residents enjoy the convenience of an on-site property manager, elevator that serves every floor, two reserved parking spaces, and private, gated access to one of Laguna Beach’s most coveted destinations—West Street Beach. Here, every day feels like a luxurious vacation you can call home.

Property Details

Public Facts

Property Type
Condominium
Year Built
1962
Lot Size
-

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$2390.03 / Month

Neighborhood Insights

Laguna Beach Unified Schools

El Morro Elementary School

Grades K-5 • 5.1 mi

9/10

Thurston Middle School

Grades 6-8 • 3.1 mi

9/10

Laguna Beach High School

Grades 9-12 • 3.0 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
83%
Baths2.02.0
50%
Square foot1,5791,322
78%
Lot Size-13,733
30%
Price$5.00M$1.54M
91%
Price per sq ft$3.2K$1.2K
87%
Built year19621964
39%
HOA$2390.03$800
96%
Days on market508215
96%

Pricing History

Listed for Sale

Aug 30, 2025

$4,995,000

Initial Listing

Price Change

Oct 15, 2024

$5,400,000

Initial Listing

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