31423 Coast P5, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath

31423 Coast P5
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 31423 Coast P5, Laguna Beach, California 92651 is currently available with a list price of $6,300,000. 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.
Although the building was originally constructed in 1962, this penthouse unit has been meticulously reimagined and professionally renovated to the highest standards. The interior features a chef's kitchen with premium Wolf and Sub-Zero appliances, custom cabinetry, and high-end ArtItalia walnut installations. The property is in move-in-ready condition with modern fixtures, seamless indoor-outdoor transitions, and no signs of deferred maintenance, qualifying it for an excellent rating.
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).
- Unrivaled Coastal Positioning
This rare corner penthouse sits directly on the sand, offering 180-degree white-water views and three expansive wraparound terraces for a seamless indoor-outdoor luxury lifestyle.
- Ultra-Luxury Interior Design
The residence features a meticulous professional redesign including a chef’s kitchen with Wolf and Sub-Zero appliances and a primary suite with custom ArtItalia walnut installations.
CONSRISKS & DEFICIENCIES
- Substantial Monthly HOA Fees
The monthly association fee of $3,159 represents a significant recurring carrying cost that may impact the overall value proposition for some buyers.
- Aging Building Infrastructure
Despite the unit's modern interior, the building was originally constructed in 1962, which may necessitate ongoing maintenance or future capital improvement assessments for the common areas.
About 31423 Coast P5
Experience a level of coastal living rarely reached - wake up to the sound of the tide and the glow of an unobstructed sunrise. Positioned directly on the sand at the top level with no one above, this meticulously reimagined rare corner Penthouse is a symphony of light and white-water views. With its 180-degree panorama of the horizon from the three expansive wraparound terraces, it offers the ultimate in an indoor-outdoor lifestyle. The transition from your living room to the salty breeze is seamless. Whether you are hosting an alfresco dinner or working from the integrated ocean-view office, the home adapts to your pace. The chef’s kitchen is a culinary stage, anchored by Wolf and Sub-Zero appliances and custom cabinetry. Every inch of this 3-bedroom sanctuary has been professionally designed. The primary suite features a custom ArtItalia walnut installation, while the guest wing offers versatile sleeping or working arrangements. Beyond the aesthetic, the home has enhanced private-entry security. All furnishings are negotiable. This is not just a residence; it is a private retreat or a full-time coastal haven for the most discerning buyer. Located within a secure, guard-gated complex with private beach access, private pool, and private spa, this is the pinnacle of Laguna Beach luxury seaside living. Just bring your suitcase - the lifestyle is already here.
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
- $3159.0 / 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 | 1,902 | 1,322 | 96% |
| Lot Size | - | 13,733 | 30% |
| Price | $6.30M | $1.54M | 96% |
| Price per sq ft | $3.3K | $1.2K | 91% |
| Built year | 1962 | 1964 | 39% |
| HOA | $3159.0 | $800 | 96% |
| Days on market | 11 | 180 | 4% |
Pricing History
Listed for Sale
Feb 24, 2026
$6,300,000
Initial Listing
Sold
Sep 10, 2019
$5,075,000
Public Record
Sold
Sep 7, 2012
$2,500,000
Public Record
































































