31505 Eagle Rock Way, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

31505 Eagle Rock Way
Laguna Beach, California 92651
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is currently in a non-habitable state as it has been completely gutted for a mid-construction remodel. It lacks a functional kitchen, bathrooms, flooring, and finished electrical or climate systems, requiring substantial investment and rehabilitation to reach a livable condition.
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).
- Panoramic Ocean Views
The property offers breathtaking, unobstructed vistas of the Pacific Ocean and Catalina Island from throughout the home and backyard, a premium feature that significantly drives long-term value.
- Bespoke Customization Potential
As a completely gutted residence in the early stages of remodeling, this home provides a rare blank canvas for an owner-user or developer to execute a high-end, custom coastal vision without the need for demolition.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1616, other record living area = 1088. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Non-Habitable Condition
The property is currently a construction site and requires a substantial investment of both time and capital to complete the renovation before it can be occupied or financed via traditional means.
- Development Risk
Purchasing a 1935 structure in mid-renovation involves inherent risks regarding modern building code compliance, coastal permitting timelines, and potential unforeseen structural costs.
About 31505 Eagle Rock Way
With breathtaking ocean views throughout the home and backyard, 31505 Eagle Rock Way presents a rare opportunity to complete a custom coastal retreat in south Laguna Beach. Just over 1,600 square feet, this residence has been completely gutted and is in the early stages of remodeling, offering a blank canvas to bring your vision to life. The current design plans feature two bedrooms and two bathrooms upstairs, thoughtfully positioned to maximize ocean views and natural light. The lower level is laid out as a studio, already plumbed for a kitchen and bathroom, providing flexibility for guest accommodations, rental income, or a private workspace. Set in a desirable location, the property combines sweeping coastal vistas with exceptional potential—ideal for an end user, investor, or builder looking to create a bespoke Laguna Beach home. Enjoy close proximity to world-class beaches, scenic hiking trails, dining, and art galleries, all while shaping a residence tailored to your lifestyle. This is an exceptional opportunity to customize, complete, and capture ocean views in one of Laguna Beach’s most sought-after locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 4,375 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Laguna Beach Unified Schools
El Morro Elementary School
Grades K-5 • 5.4 mi
Thurston Middle School
Grades 6-8 • 3.3 mi
Laguna Beach High School
Grades 9-12 • 3.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,616 | 2,048 | 23% |
| Lot Size | 4,375 | 6,003 | 28% |
| Price | $2.40M | $3.04M | 27% |
| Price per sq ft | $1.5K | $1.6K | 47% |
| Built year | 1935 | 1965 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 200 | 2% |
Pricing History
Listed for Sale
Feb 18, 2026
$2,400,000
Initial Listing
Sold
Oct 24, 2023
$2,000,000
Public Record
Sold
Mar 5, 1997
$321,000
Public Record














































