31502 Mar Vista, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 5 bath
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Laguna Beach, California 92651
This Expansive Ocean View Coastal Compound is a Stunning Move-In Ready Home listed at $5,450,000, representing a stable valuation at its $5,450,000 Fair Market Value. Boasting a Renovated Condition Rating, the estate features a brand-new chef’s kitchen and an expansive ocean-view deck maximizing 180-degree panoramic ocean views. The versatile layout includes a main residence plus a separate guest cottage, providing a private sanctuary within the prestigious Laguna Beach Unified district. This coastal estate is the premier choice for luxury lifestyle seekers or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31502 Mar Vista Subject | $5,450,000* List Price | 5 | 5 | 2,855 | $1,909 | - |
A 31831 Sunset Avenue Sold | $4,500,000 | 3 | 5 | 2,300 | $1,957 | 0.4 mi |
B 31511 West Street Active | $4,995,000 List Price | 3 | 3 | 2,478 | $2,016 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1973, the property has undergone an extensive recent renovation that brings it to a like-new standard. The home features a brand-new chef's kitchen with high-end stainless steel appliances, a massive stone island with a waterfall edge, and modern cabinetry. The interior is finished with contemporary wide-plank flooring, updated recessed lighting, and floor-to-ceiling glass walls. The exterior has been modernized with glass railings and updated surfaces, meeting the criteria for a fully renovated property with no deferred maintenance.
The property offers breathtaking 180-degree unobstructed views of the coastline and Catalina Island, maximized by expansive walls of glass that create a seamless indoor-outdoor living experience.
With two distinct living quarters including a main residence and a separate guest cottage, the estate provides rare flexibility for multi-generational living, a private studio, or high-end guest accommodations.
Uncommon for Laguna Beach hillside properties, this compound features on-site parking for up to eight cars and abundant storage, significantly increasing its functional appeal and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2855, other record living area = 1939. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 1.
Built in 1973, the property may require more intensive ongoing maintenance and potential system upgrades compared to newer coastal constructions to mitigate the effects of the marine environment.
The current list price represents a substantial premium over its 2020 sale price, which may lead to appraisal challenges or extended days on market as buyers evaluate the price-per-square-foot value.
Expansive Ocean View Compound. Experience panoramic 180°+ ocean views from this exceptional coastal compound offering unmatched privacy, two separate living quarters, abundant storage, and on-site parking for up to eight cars. Perched above the coastline, this Laguna Beach estate embodies the essence of comfortable coastal living—where privacy, space, and modern design converge. The main residence offers three bedrooms, three baths, a den, and a brand-new chef’s kitchen that opens to an expansive ocean-view deck. Walls of glass blur the line between indoors and out, creating a seamless flow ideal for relaxed living, intimate coastal gatherings or grand scale soirees! A secondary structure enhances the property’s versatility with a charming cottage vibe, featuring two additional bedrooms and two baths—perfect for guests, extended family, or a private studio retreat. This is a one-of-a-kind property that offers privacy, flexibility, unmatched views, fantastic parking, expansive storage, and the ultimate indoor/outdoor living experience. Be sure to check out the 3D Walkthrough.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 3.0 | 84% |
| Square foot | 2,855 | 2,111 | 78% |
| Lot Size | 8,633 | 6,003 | 79% |
| Price | $5.45M | $3.10M | 85% |
| Price per sq ft | $1.9K | $1.6K | 70% |
| Built year | 1973 | 1965 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 180 | 19% |
Jan 15, 2026
$5,450,000
Initial Listing
Feb 18, 2020
$1,900,000
Public Record
Dec 7, 2016
$1,580,000
Public Record
Jun 27, 2002
$695,000
Public Record