31423 Coast Hwy 18, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath

31423 Coast Hwy 18, Laguna Beach, California 92651 home-pic-0
ACTIVE$2,995,000
31423 Coast Hwy 18, Laguna Beach, California 92651
2Beds
2Baths
1,398Sqft
79,707Lot
Year Built
1962
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$2,142
HOA
$2,209
Days on market
-
Sold On
-
MLS number
LG25255644
Home ConditionPoor
Features
Excellent View: Catalina, City Lights, Coastline, Ocean, Panoramic, Pool, Water
Deck
ViewCatalina,City Lights,Coastline,Ocean,Panoramic,Pool,Water

About this home

We found 3 Cons,6 Pros. Rank: price - $3.00M(75th), sqft - 1398(65th), beds - 2(50th), baths - 2(50th).

Laguna Royale’s Unit #18 sits just above lush tropical gardens and the sandy path to the beach, offering a rare oceanfront blank canvas—two bedrooms, two baths, and endless potential to craft your dream coastal home. Step inside and the world opens up: sweeping, ever-changing views of Catalina Island, passing boats, soaring sea birds, fiery sunsets, and, after dusk, a sparkling coastline of twinkling lights. Enjoy 24-hour security, two dedicated parking spaces, a private storage room, and effortless access everywhere via two spacious elevators—to the beach, the heated pool and spa tucked into tropical greenery, the gym, and a serene community terrace with fire-pit tables perfect for taking in the sunset. Stroll north along the sand to the Montage or Lost Pier Café, explore charming nearby beach towns, tee off at The Ranch, wander local harbors, or jet away from nearby John Wayne Airport—though once you’re here, you won’t need a vacation.

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

Price History

Date
Event
Price
11/25/25
Listing
$2,995,000
Condition Rating
Poor

Built in 1962, this property is largely original and requires substantial renovation. The kitchen is highly dated with old appliances, tile countertops with wood trim, tile flooring, and an outdated fluorescent grid ceiling light. The bathroom, despite a newer vanity, features a very dated peach-colored toilet and older tile, indicating only partial, superficial updates. The overall interior, including carpeting and some light fixtures, is consistent with a property that has not seen major renovations in 30-50+ years, aligning with the listing's description of an 'oceanfront blank canvas' requiring 'significant renovation'.
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 Oceanfront Views: The property boasts sweeping, ever-changing panoramic views of Catalina Island, the Pacific Ocean, city lights, and coastline, directly from an oceanfront position.
Direct Beach Access & Resort-Style Amenities: Offers direct sandy path access to the beach, a heated pool and spa, gym, community terrace with fire-pits, 24-hour security, and two dedicated parking spaces.
Prime Laguna Beach Location: Situated in the prestigious Laguna Royale subdivision, providing a highly desirable coastal lifestyle with proximity to upscale dining, recreation, and convenient access to John Wayne Airport.
Customization Potential: Described as an 'oceanfront blank canvas' with 'endless potential,' allowing a buyer to craft a personalized dream coastal home to their exact specifications.
Exclusive Community Features: Benefits from 24-hour security, private storage, and efficient elevator access to all amenities and the beach, enhancing convenience and luxury living.

Cons

Significant Renovation Required: The description as a 'blank canvas' with 'endless potential' strongly implies the unit is largely original and requires substantial investment for modernization and personalization.
High Monthly Association Fees: A monthly association fee of $2,209 is substantial and adds significantly to the ongoing cost of ownership, which could be a deterrent for some buyers.
Age of Building: Built in 1962, the building is over 60 years old, which may raise concerns about potential for deferred maintenance, outdated infrastructure, or future special assessments for common area renovations.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state