
Laguna Beach, California 92651
This Oceanfront Luxury Residence represents a Strong Value Opportunity, listed at $4,495,000—positioned well below the $4,522,080 Fair Market Value by 0.6%. This valuation gap offers $27,080 in Instant Equity. Featuring Panoramic Ocean Views, a Single-Level Floor Plan, and Direct Beach Access, the home offers a premier coastal lifestyle. While the Condition Rating of 3 suggests potential for custom bathroom updates, the property is move-in ready. It is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a prestigious Laguna Beach address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31423 Coast Hwy #61 Subject | $4,495,000* List Price | 3 | 2 | 1,581 | $2,852 | - |
A 31423 Coast Hwy 57 Sold | $3,500,000 | 2 | 2 | 1,150 | $3,043 | 0.0 mi |
B 31423 Coast Highway S 12 Active | $3,675,000 List Price | 2 | 2 | 1,150 | $3,196 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the unit has been 'thoughtfully refreshed' with modern flooring, recessed lighting, and updated laundry appliances. The living areas appear move-in ready; however, the bathrooms feature dated tile work and the description explicitly notes an opportunity for custom updates, suggesting they fall into the 10-20 year age range for renovations.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The residence offers breathtaking, panoramic vistas of the Pacific Ocean, Catalina Island, and the coastline, maximized by expansive windows and a private primary suite balcony.
Featuring a rare ground-level entry with no stairs or elevators required for access, this single-level floor plan provides unparalleled convenience within a luxury oceanfront complex.
The monthly HOA fee of approximately $2,390 is substantial, which may impact the overall cost of ownership and appeal to some luxury buyers.
While the main living areas are refreshed, the bathrooms are described as 'well-maintained' rather than updated, suggesting a need for further capital investment to modernize the space.
Experience elevated oceanfront living in this beautifully updated three-bedroom residence in the prestigious Laguna Royale community. Breathtaking Pacific Ocean views, abundant natural light, and a desirable single-level floor plan create an exceptional coastal retreat. Thoughtfully refreshed with refined finishes and sophisticated details, the home is designed to maximize its spectacular oceanfront setting. Expansive windows frame endless blue-water vistas throughout the living spaces, while a private balcony off the primary suite provides the perfect place to enjoy morning coffee, coastal breezes, and spectacular sunsets. The bathrooms are well maintained and present an opportunity to create custom spa-inspired spaces tailored to your personal style. Additional highlights include convenient ground-level entry with no stairs or elevator required to enter the residence, as well as a dedicated storage room. Laguna Royale offers an unparalleled resort lifestyle with an on-site community manager, 24-hour gated security, an ocean-view fitness center, pool and spa, and direct beach access. Community elevators provide easy access to the pool and beach levels. Ideally located along Laguna Beach’s iconic coastline, this residence is moments from acclaimed dining, boutique shopping, renowned art galleries, scenic hiking trails, and top-rated Laguna Beach schools. This rare offering presents an extraordinary opportunity to enjoy spectacular ocean views, exceptional amenities, and one of Southern California’s most coveted oceanfront lifestyles—Wake up to this view before someone else does.
No exterior & parking available.
Grades K-5 • 5.1 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,581 | 775 |
| Lot Size | 79,707 | - |
| Price | $4.50M | $1.84M |
| Price per sq ft | $2.8K | $1.8K |
| Built year | 1962 | 1960 |
| HOA | $2390.03 | $696 |
| Days on market | 33 | 92 |
Jun 19, 2026
$4,495,000
Initial Listing
Nov 7, 2012
$2,000,000
Public Record