
Laguna Beach, California 92651
This Re-imagined Mid-Century Estate is a Strong Value Opportunity, listed at $4,995,000—positioned well below the $5,295,000 Fair Market Value by 5%. This valuation gap offers $300,000 in Instant Equity. Boasting a Mint Condition Rating, the home features panoramic ocean and Catalina views, a private pool and spa, and a rare three-car garage. Located in the Laguna Beach Unified district with 9/10 rated schools, it balances coastal luxury with financial upside. This is an ideal acquisition for Luxury Lifestyle Seekers or Owner-Occupants prioritizing privacy and prestige.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31511 West Street Subject | $4,995,000* List Price | 3 | 3 | 2,478 | $2,137 | - |
A 31502 Mar Vista Active | $5,450,000 List Price | 5 | 5 | 2,855 | $1,909 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been recently re-imagined and fully updated with a high-end contemporary aesthetic. The kitchen features modern flat-panel cabinetry, stone slab surfaces, and premium appliances, while the bathrooms are spa-like with designer tiling and frameless glass showers. The renovation appears to be less than 5 years old, placing it in mint, move-in-ready condition.
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 rare three-car garage and a private motorcourt at the end of a long drive on a street-to-street parcel, offering a level of seclusion and parking capacity seldom found in Laguna Beach.
At approximately 2,478 square feet, the 'intimately-sized' layout may feel restrictive for buyers seeking a larger estate-scale residence at this price point.
A recent $300,000 price reduction after 48 days on the market suggests the initial valuation may have been aggressive relative to the home's size and current market demand.
Set down a long drive on a generously sized street-to-street parcel and nestled behind lush landscaping, the ‘intimately-sized’ mid-century estate at 31511 West Street perfects beach living. With your choice of beaches just blocks away, hiking trails, a park across the street, and some of the best dining in Laguna 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. Upon entering, you are greeted by soaring ceilings and natural light. The living room opens via multiple sets of french doors to a zen-like and private oasis. Beautifully landscaped and totally private, the backyard has multiple dining and lounging vignettes, all centered on a glistening pool and spa. 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 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. A large utility room off the garage houses the laundry an more storage space. The privacy once inside the property is virtually absolute - yet still very connected to all that makes Laguna Beach so wonderful – just one block to West Street beach, the Valido trail and the South Laguna Village and restaurants. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,478 | 2,111 | 68% |
| Lot Size | 10,725 | 6,003 | 88% |
| Price | $5.00M | $3.10M | 81% |
| Price per sq ft | $2.0K | $1.6K | 76% |
| Built year | 1969 | 1965 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 180 | 10% |
Apr 14, 2026
$4,995,000
$5,295,000
-6% Price Drop
Initial Listing
Mar 1, 2026
$5,295,000
Initial Listing
May 26, 1995
$550,000
Public Record
Mar 26, 1993
$525,000
Public Record