31566 Jewel, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath
Loading property details...
31566 Jewel
Laguna Beach, California 92651
ACTIVE
CONDITION: POOR
2Beds
2Baths
574Sq Ft
2,100Lot Size
Property Price
LIST PRICE$1,395,000
SUMMARY
APPROVED PLANS AT CITY!!! Welcome to one special Jewell in the heart of South Laguna Village. This charming ocean-view cottage is a rare opportunity to enjoy today while bringing your vision of the perfect Laguna Beach home to life. Even better, approved plans are already in place to transform the property into an approximately 1,483-square-foot coastal retreat with two covered parking spaces. Hidden behind a mature hedge and private gate, the home immediately captures the character and charm that make South Laguna so special. Vaulted beamed ceilings, hardwood floors, built-in bookcases, French doors and a beautiful stained-glass Dutch door create a warm, inviting atmosphere, while ocean views and sun-filled outdoor spaces remind you that the beach is just moments away. The real excitement is the opportunity ahead. Build from the approved plans, thoughtfully reimagine the existing cottage, or create a dream home that is uniquely yours. Just a short stroll to spectacular Table Rock Beach, the South Laguna Community Garden and Park, neighborhood dining and the relaxed coastal lifestyle that makes this village so coveted. A special property, an incredible location and the chance to create something truly extraordinary in South Laguna.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1935, this cottage features a highly dated kitchen with old tile countertops and a bathroom with vintage blue fixtures from decades ago. While cleanly staged, the systems and core spaces require a complete rehab, as highlighted by the inclusion of approved plans to fully transform and expand the property.
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).
- Development Potential
The property includes approved plans to expand the existing cottage into a 1,483-square-foot coastal retreat with covered parking, offering a significant value-add opportunity for investors or custom home builders.
- Prime Coastal Location
Situated in the heart of South Laguna Village, the home is within walking distance to Table Rock Beach, the South Laguna Community Garden, and local dining, providing a highly coveted beachside lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Existing Square Footage
With only 574 square feet of living space, the current structure is exceptionally small for a two-bedroom home, likely requiring immediate construction to be functional for most buyers.
- High Price per Square Foot
The list price of $1.495M represents a premium investment for a small lot and structure, reflecting the value of the location and approved plans rather than the current habitable area.
About 31566 Jewel
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 2,100 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 • 5.4 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 | 574 | 2,265.258 |
| Lot Size | 2,100 | 6,028.677 |
| Price | $1.40M | $3.56M |
| Price per sq ft | $2.4K | $1.7K |
| Built year | 1935 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 33 | 74 |
Pricing History
Listed for Sale
Oct 12, 2026
$1,395,000
$1,495,000
-7% Price Drop
Initial Listing
Price Change
Sep 22, 2026
$1,495,000
Initial Listing
Sold
Oct 29, 2024
$1,310,000
Public Record
Sold
Nov 29, 2012
$500,000
Public Record