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

31423 Coast P5, Laguna Beach, California 92651 home-pic-0

31423 Coast P5

Laguna Beach, California 92651

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,902Sq Ft
Lot Size

Property Price

LIST PRICE$6,300,000

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

Excellent
TeardownExcellent

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

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 foot1,9021,322
96%
Lot Size-13,733
30%
Price$6.30M$1.54M
96%
Price per sq ft$3.3K$1.2K
91%
Built year19621964
39%
HOA$3159.0$800
96%
Days on market11180
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

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