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

31423 Coast 51
Laguna Beach, California 92651
Property Price
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
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
Thurston Middle School
Grades 6-8 • 3.1 mi
Laguna Beach High School
Grades 9-12 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,579 | 1,322 | 78% |
| Lot Size | - | 13,733 | 30% |
| Price | $5.00M | $1.54M | 91% |
| Price per sq ft | $3.2K | $1.2K | 87% |
| Built year | 1962 | 1964 | 39% |
| HOA | $2390.03 | $800 | 96% |
| Days on market | 508 | 215 | 96% |
Pricing History
Listed for Sale
Aug 30, 2025
$4,995,000
Initial Listing
Price Change
Oct 15, 2024
$5,400,000
Initial Listing
















































