
Laguna Beach, California 92651
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $4,695,000—positioned well below the $5,104,209 Fair Market Value by 8%. This valuation gap offers $409,209 in Instant Equity. Featuring a Mint Condition Rating, the property boasts a modern open kitchen, panoramic ocean views, and a private pool and spa. Located in the Laguna Beach Unified district with top-rated 9/10 schools, this residence is an ideal sanctuary for discerning homeowners or luxury lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31511 West Street Subject 3 bd · 3 ba · 2,478 sqft · $2,060 | $4,695,000* List Price | 3 | 3 | 2,478 | $2,060 | - |
A 31402 Ocean View Active 3 bd · 4 ba · 2,600 sqft · $1,838 · 0.1 mi | $4,780,000 List Price | 3 | 4 | 2,600 | $1,838 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1969, the property has been recently re-imagined and fully updated with a high-end contemporary aesthetic. The renovation includes a modern open kitchen with custom cabinetry and premium stone slabs, spa-like bathrooms with soaking tubs and walk-in showers, and updated flooring and fixtures throughout. The mint condition and recent comprehensive overhaul align with the criteria for a top-tier rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10725, living area = 2478.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property features a three-car garage and motorcourt, a significant rarity in Laguna Beach, situated on a generous street-to-street parcel with an oversized pool and spa.
With only three bedrooms at a $4.695M price point, the property may have limited appeal for larger families or buyers requiring more dedicated guest space.
Originally constructed in 1969, the home may require ongoing attention to legacy systems or structural elements common in older coastal properties, despite recent aesthetic updates.
Nowadays, the luxuries we look for in a home have evolved. With a strong sense of privacy and a feeling of abundant space, 31511 West delivers quiet luxury without compromise. With your choice of beaches just blocks away, nearby hiking trails, a park across the street, and some of the best dining in Laguna Beach within blocks, living at 31511 West Street is a vacation every day! The home has been recently re-imagined and fully updated to an aesthetic that focuses on essential luxuries – clean lines, warm woods and contemporary fixtures set the tone. A generous street-to-street parcel allows for ocean views and a glistening pool and spa. Upon entering, you are greeted by soaring ceilings and natural light. The living room opens via multiple sets of french doors to a most unique backyard - zen-like peace and the feeling of your own private oasis. Beautifully landscaped and totally private, the backyard has multiple dining and lounging vignettes, all centered on a pool of a size not generally found in this area. In addition to the living and dining rooms, the main level includes two bedrooms, and two full bathrooms (one en-suite) and an open kitchen. Equipped with high-end appliances and an abundance of storage in the custom cabinets, the oversized work and dining island is surfaced with an unusually stunning stone slab. Oriented toward the panoramic ocean and Catalina views, the upper level has an additional bedroom and an oversized, spa-like bathroom with soaking tub and walk-in shower. The configuration allows for multiple primary bedroom suites. The upper level media den/office opens to an over-sized ocean view deck allowing you to catch ocean sunsets and Catalina Island year-round. The long drive leads to a motorcourt and three car garage, both a rarity in Laguna Beach. The privacy once inside the property is virtually absolute - yet still very connected to all that makes Laguna Beach so wonderful. 31511 West Street is simply a magical property, the kind that comes along once in a blue moon.
No exterior & parking available.
Grades K-5 • 5.2 mi
Grades 6-8 • 3.2 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,478 | 2,265.258 |
| Lot Size | 10,725 | 6,028.677 |
| Price | $4.70M | $3.56M |
| Price per sq ft | $1.9K | $1.7K |
| Built year | 1969 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 13 | 74 |
Oct 12, 2026
$4,695,000
Initial Listing
May 26, 1995
$550,000
Public Record
Mar 26, 1993
$525,000
Public Record