31521 Summit Road, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath
Loading property details...
31521 Summit Road
Laguna Beach, California 92651
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
700Sq Ft
2,362Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,651,225
SUMMARY
FULL_VERSION
This Turnkey Beach Cottage is listed at $1,695,000, aligning closely with its $1,651,225 Fair Market Value. Featuring a recently remodeled kitchen, high-pitched beamed ceilings, and a separate guest studio, this property offers an Excellent Condition Rating and immediate lifestyle appeal. Located in the prestigious Laguna Beach Unified School District with top-rated schools, the home provides a rare coastal sanctuary with private decks and peek-a-boo ocean views. This refined, move-in ready retreat is the ideal acquisition for discerning professionals or second-home buyers seeking a quintessential Laguna Beach lifestyle.
SEO VERSION
Turnkey 2-bed, 2-bath Laguna Beach cottage with guest studio. Features remodeled kitchen, ocean views, and top-rated schools. Move-in ready coastal living.
Estimated Market Value
$1,651,225
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31521 Summit Road Subject 2 bd · 2 ba · 700 sqft · $2,359 | $1,695,000* List Price | 2 | 2 | 700 | $2,359 | - |
A 31992 Virginia Way Sold 2 bd · 1 ba · 636 sqft · $2,358 · 0.5 mi | $1,500,000 | 2 | 1 | 636 | $2,358 | 0.5 mi |
B 31632 2nd Avenue Sold 2 bd · 1 ba · 832 sqft · $2,254 · 0.1 mi | $1,875,000 | 2 | 1 | 832 | $2,254 | 0.1 mi |
C 31886 Hillside Sold 1 bd · 1 ba · 478 sqft · $2,709 · 0.4 mi | $1,295,000 | 1 | 1 | 478 | $2,709 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1935, this property is a fully restored beach cottage in turn-key condition. It features a recently remodeled kitchen with stainless steel appliances, a newer roof on both the main and guest cottages, and a newer tankless water heater. The interior shows immaculate wood floors and updated systems, meeting the criteria for a high-quality renovation within the last 5 years.
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).
- Versatile Guest Cottage
The inclusion of a separate, fully functional studio guest cottage provides exceptional flexibility for use as a home office, art studio, or private guest quarters, which is a rare find in this price point.
- Restored Historic Charm
This 1930s beach cottage has been meticulously restored to maintain its original character with high beamed ceilings and wood floors, while integrating modern upgrades like a remodeled kitchen and tankless water heater.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 700, other record living area = 594. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Interior Square Footage
With only 700 total square feet split between two structures, the living space is very compact, which may be a significant constraint for buyers requiring more room or storage.
- High Price Per Square Foot
At a list price of $1,695,000, the property commands a premium price of over $2,400 per square foot, which may limit the buyer pool to those specifically seeking a niche cottage aesthetic over volume.
About 31521 Summit Road
Charming, restored, immaculate BEACH COTTAGE from the 1930's when Laguna Beach was discovered as the idyllic seaside community it is today! Gorgeous one bedroom, one bath cottage with natural sunlight and ocean breeze flowing in through the windows, French doors and retractable skylights. High pitched beamed ceilings create a spacious feel in the already open floor plan. The recently remodeled kitchen has stainless steel appliances, sink and fresh white cabinets. Cozy fireplace and wood floors throughout warm the ambiance of the property. Indoor/ outdoor living is extended with decks, fruit trees, an outdoor shower and welcoming fresh air spaces to relax and entertain. The separate studio, one bedroom, one bath guest cottage makes the property functional for a variety of creative uses... Welcoming for guests, grown children, an art studio, workout space, music room, or an office away from home! Newer wood fence completely encloses the peaceful retreat for privacy in your own coastal dream property. Located in the desirable South Laguna Village with locals' favorite restaurants, eclectic shops and the most pristine beaches and coves. Jump on the free Laguna Beach trolley to enjoy all that Laguna Beach has to offer! Newer roof on both the main cottage and guest cottage. Newer tankless water heater. Turn key and ready for move in.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 2,362 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 • 5.3 mi
9/10
Thurston Middle School
Grades 6-8 • 3.3 mi
9/10
Laguna Beach High School
Grades 9-12 • 3.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 700 | 2,265.258 |
| Lot Size | 2,362 | 6,028.677 |
| Price | $1.70M | $3.56M |
| Price per sq ft | $2.4K | $1.7K |
| Built year | 1935 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 25 | 74 |
Pricing History
Listed for Sale
Sep 30, 2026
$1,695,000
Initial Listing
Sold
May 11, 2022
$1,520,000
Public Record
Sold
Aug 5, 2021
$1,045,000
Public Record
Sold
Jun 19, 2003
$525,000
Public Record
Sold
Nov 19, 2002
$460,000
Public Record
Sold
Feb 27, 2002
$349,000
Public Record
Sold
Jun 13, 2001
$360,000
Public Record
Sold
Sep 30, 1997
$220,000
Public Record