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

ACTIVE$175,000$1,902/sqft
31423 Coast P5, Laguna Beach, California 92651
3Beds
2Baths
1,902Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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).
Top Cons:
High Association Fees: The monthly association fee of $3,159 is substantial, adding significantly to the ongoing cost of ownership.

Compared to the nearby listings

Price:$175.0K vs avg $1.30M ($-1,125,000)5%
Size:1,902 sqft vs avg 1,180 sqft95%
Price/sqft:$92 vs avg $1.2K5%

More Insights

Built in 1962 (64 years old).
Condition: Despite being built in 1962, this property has been 'meticulously reimagined' and 'curated by elite designers.' It features a high-end chef's kitchen with Wolf and Sub-Zero appliances, custom cabinetry, and integrated Lutron automation. The description indicates a comprehensive, recent renovation to luxury standards, making all components virtually new and meeting current quality expectations.
Year Built
1962
Close
-
List price
$175K
Original List price
$175K
Price/Sqft
$92
HOA
$3,159
Days on market
-
Sold On
-
MLS number
OC25282369
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic
Deck
ViewCatalina, Coastline, Ocean, Panoramic

About this home

Experience a level of coastal living rarely reached - wake up to the sound of the tide and the glow of an unobstructed sunset. Positioned directly on the sand 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 designer-furnished wraparound terraces, it offers the ultimate in indoor-outdoor lifestyle. The transition from your living room to the salty breeze is seamless. Whether you are hosting an alfresco dinner for eight 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 (sleeps a total of 8) has been curated by elite designers, featuring a fusion of Jonathan Adler, Vanguard, and RC Luxury bespoke pieces. The primary suite features a custom Artitalia walnut installation, while the guest wing offers versatile sleeping arrangements with high-end American Leather comforts. Beyond the aesthetic, the home is a tech-forward retreat with integrated Lutron automation and enhanced private-entry security. Sold fully furnished and move-in ready, this is not just a residence; it is a private resort for the most discerning collector of fine real estate. Located within a secure, guard-gated complex with private beach access, a pool, and a spa, this is the pinnacle of "turn-key" luxury. Just bring your suitcase - the lifestyle is already here.

A
Amin Zameni
Listing Agent

Nearby schools

9/10
El Morro Elementary School
Public,•K-5•5.1mi
9/10
Thurston Middle School
Public,•6-8•3.1mi
9/10
Laguna Beach High School
Public,•9-12•3.0mi

Price History

Date
Event
Price
09/10/19
Sold
$5,075,000
09/07/12
Sold
$2,500,000
Condition Rating
Excellent
Despite being built in 1962, this property has been 'meticulously reimagined' and 'curated by elite designers.' It features a high-end chef's kitchen with Wolf and Sub-Zero appliances, custom cabinetry, and integrated Lutron automation. The description indicates a comprehensive, recent renovation to luxury standards, making all components virtually new and meeting current quality expectations.
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).
Unrivaled Oceanfront Location & Views: Positioned directly on the sand as a rare corner penthouse, offering 180-degree panoramic white-water, Catalina, Ocean, and Coastline views from three expansive wraparound terraces.
Designer-Curated & Turn-Key Luxury: Meticulously reimagined by elite designers, fully furnished with high-end brands (Jonathan Adler, Vanguard, RC Luxury), and move-in ready, providing a 'private resort' experience.
High-End Chef's Kitchen: Features top-of-the-line Wolf and Sub-Zero appliances with custom cabinetry, creating a culinary stage ideal for entertaining.
Exclusive Amenities & Security: Located within a secure, guard-gated complex with private beach access, a pool, and a spa, enhancing privacy and luxury lifestyle.
Tech-Forward & Integrated Automation: Equipped with integrated Lutron automation and enhanced private-entry security, offering modern convenience and peace of mind.

Cons

High Association Fees: The monthly association fee of $3,159 is substantial, adding significantly to the ongoing cost of ownership.
Building Age: While 'meticulously reimagined,' the underlying structure dates back to 1962, which could imply potential for future maintenance concerns or assessments related to older infrastructure.
No Mention of Dedicated Cooling System: The description emphasizes natural breezes, but the absence of a specific cooling system (e.g., central AC) might be a drawback for some buyers, particularly during hotter periods or for personal comfort preferences.
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