31621 Summit Road, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath
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Laguna Beach, California 92651
This Reimagined Coastal Cottage is a Strong Value Opportunity, listed at $2,395,000—positioned well below the $2,577,654 Fair Market Value by 7%. This valuation gap provides $182,654 in Instant Equity. Boasting a Mint Condition Rating, the home features a high-end renovation with panoramic ocean views, a generous view deck, and dual-level climate control. Located in the prestigious Laguna Beach Unified district with 9/10 rated schools, it offers a premier walkable lifestyle near iconic beaches. This is an exceptional acquisition for Owner-Occupants seeking a turnkey sanctuary or Lifestyle Investors looking for a high-demand coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31621 Summit Road Subject | $2,395,000* List Price | 3 | 2 | 1,248 | $1,939 | - |
A 31911 Crestwood Place Sold | $2,300,000 | 2 | 2 | 1,233 | $1,865 | 0.4 mi |
B 31722 Seacliff Active | $3,075,000 List Price | 3 | 2 | 1,405 | $2,189 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1936 build date, this property has undergone a complete high-end renovation within the last few years. It features a modern kitchen with quartz countertops and stainless steel appliances, updated flooring, and new HVAC mini-split systems on both levels, meeting the criteria for a turnkey, mint-condition home.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
This reimagined 1936 cottage seamlessly blends classic Laguna charm with modern updates, including a seamless open-concept layout and air conditioning on both levels.
The property features expansive windows and a generous view deck that capture breathtaking vistas of the Pacific Ocean and surrounding hills.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The property was recently sold within the past year on 2025-06-27. The sold price is $1,500,000.00.
With only 1,248 square feet of living area and a modest 2,100 square foot lot, the property may feel restrictive for buyers seeking more interior volume or yard space.
Perched in the heart of South Laguna at 31621 Summit Drive, this beautifully reimagined, turnkey ocean-view cottage captures the essence of the timeless Laguna Beach lifestyle. Thoughtfully designed across two levels, the upper floor welcomes you with a bright, open living space, where the kitchen, dining, and living room flow seamlessly together. A cozy fireplace anchors the space, while expansive windows and doors draw your eye to the stunning ocean views beyond. Step outside to a generous view deck, perfect for morning coffee, sunset dinners, or simply taking in the views. This level also features a bedroom and full bath, offering comfort and convenience. Downstairs, you’ll find two additional bedrooms and a beautifully appointed bath, along with a private patio retreat ideal for guests or extended stays. A charming kitchenette and laundry enhance functionality, creating flexible living options for today’s lifestyle. Every detail reflects thoughtful updates and improvements, including air conditioning on both levels, blending modern comfort with classic coastal charm. Located just moments from South Laguna’s beaches, cafés, restaurants, and boutiques, this home offers an unbeatable walkable lifestyle. Everything you need within five minutes, including some of Laguna’s most iconic shoreline. A rare opportunity to own a turnkey ocean-view cottage in one of Laguna Beach’s most desirable enclaves where charm, location, and lifestyle come together effortlessly.
No exterior & parking available.
Grades K-5 • 5.4 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,248 | 2,130 | 8% |
| Lot Size | 2,100 | 6,112.5 | 4% |
| Price | $2.40M | $3.20M | 25% |
| Price per sq ft | $1.9K | $1.5K | 72% |
| Built year | 1936 | 1964 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 166 | 8% |
Apr 24, 2026
$2,395,000
Initial Listing
Jun 27, 2025
$1,500,000
Public Record