31844 Coast, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 3 bath

31844 Coast, Laguna Beach, California 92651 home-pic-0
ACTIVE$4,495,000
31844 Coast, Laguna Beach, California 92651
4Beds
3Baths
2,599Sqft
5,625Lot

Price Vs. Estimate

The estimated value ($3,848,903.77) is $646,096.23 (14%) lower than the list price ($4,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Significant Valuation Discrepancy: The current list price is 14% above the estimated market value, suggesting potential overpricing and a need for careful market analysis to justify the premium.

Compared to the nearby listings

Price:$4.50M vs avg $3.12M (+$1,370,000)72%
Size:2,599 sqft vs avg 2,018 sqft65%
Price/sqft:$1.7K vs avg $1.6K59%

More Insights

Built in 2003 (22 years old).
Condition: Despite being built in 2003, the property has undergone an 'exquisitely renovated' and 'fully remodeled' transformation, as stated in the description and clearly evident in the images. The kitchen features a 15-foot quartz island, top-of-the-line Thermador appliances, and custom walnut cabinetry, all appearing brand new and high-end. Bathrooms showcase modern floating vanities, luxurious steam showers, pebble-stone flooring, and contemporary fixtures, reflecting a recent, extensive, and high-quality renovation that meets current luxury standards. The overall aesthetic is a cohesive mid-century modern and industrial design with new finishes throughout, including polished concrete-like flooring and modern lighting.
Year Built
2003
Close
-
List price
$4.5M
Original List price
$5M
Price/Sqft
$1,730
HOA
-
Days on market
-
Sold On
-
MLS number
OC24247156
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Canyon, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina,City Lights,Coastline,Canyon,Ocean,Panoramic,Water

About this home

This exquisitely renovated home at 31844 Coast Hwy seamlessly blends architectural elegance with modern luxury. Situated in a coveted location in Laguna Beach, which is also one of the rare areas within Laguna with a short term rental permit, this three-level property offers exceptional ocean views from every floor and a design that harmoniously combines mid-century modern and industrial aesthetics. With four spacious bedrooms, three baths, and a bonus gym/art studio, this home offers a versatile layout perfect for a variety of lifestyles. The fully remodeled ADU adds even more possibilities, making this home as functional as it is stunning. Upon entering, you are immediately greeted by breathtaking ocean views that set the tone for the home’s sophisticated, open design. The kitchen is a true entertainer’s dream, featuring a 15-foot quartz island, top-of-the-line Thermador appliances, custom walnut cabinetry, and a built-in fridge with beautifully crafted wall panels. The top floor features a serene primary suite with ocean views, dual vanities, a luxurious steam shower, and a private patio with a plant atrium for a spa-like experience. Two additional bedrooms on the lower level offer generous space and an expansive open-concept office area, ideal for both work and relaxation. Step outside to the tranquil middle courtyard, where a waterfall and Zen rock garden provide the perfect escape. The lowest level offers a fully remodeled ADU or can serve as a private guest suite, complete with its own kitchen, bedroom, and bath. This home is an architectural masterpiece with stunning design elements, including exposed wooden beams, tall glass windows, and an emphasis on seamless indoor-outdoor living. Located just minutes from Thousand Steps Beach and West Street Beach, and surrounded by only a few neighbors, this property offers both privacy and easy access to the sun, sand, and surf that define Laguna Beach. INQUIRE ABOUT SHORT-TERM PERMIT

Nearby schools

9/10
El Morro Elementary School
Public,K-55.6mi
9/10
Thurston Middle School
Public,6-83.6mi
9/10
Laguna Beach High School
Public,9-123.5mi
Condition Rating
Excellent

Despite being built in 2003, the property has undergone an 'exquisitely renovated' and 'fully remodeled' transformation, as stated in the description and clearly evident in the images. The kitchen features a 15-foot quartz island, top-of-the-line Thermador appliances, and custom walnut cabinetry, all appearing brand new and high-end. Bathrooms showcase modern floating vanities, luxurious steam showers, pebble-stone flooring, and contemporary fixtures, reflecting a recent, extensive, and high-quality renovation that meets current luxury standards. The overall aesthetic is a cohesive mid-century modern and industrial design with new finishes throughout, including polished concrete-like flooring and modern lighting.
Pros & Cons

Pros

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).
Panoramic Ocean Views: The property boasts exceptional ocean views from every floor, encompassing Catalina, coastline, and city lights, providing a premium coastal living experience.
Short-Term Rental Eligibility: Located in one of the rare areas within Laguna Beach with a short-term rental permit, offering significant income potential and investment flexibility.
Luxurious & Modern Renovation: Exquisitely renovated with high-end finishes, top-of-the-line Thermador appliances, custom walnut cabinetry, and a sophisticated mid-century modern/industrial design.
Versatile ADU & Bonus Spaces: Features a fully remodeled Accessory Dwelling Unit (ADU) and a bonus gym/art studio, providing exceptional versatility for guests, extended family, or additional rental income.
Prime Beachside Location: Situated in a coveted Laguna Beach location, just minutes from Thousand Steps and West Street Beaches, offering privacy with easy access to coastal amenities.

Cons

Significant Valuation Discrepancy: The current list price is 14% above the estimated market value, suggesting potential overpricing and a need for careful market analysis to justify the premium.
Multi-Level Layout: The three-level property, while maximizing views, may present accessibility challenges for some buyers, as no elevator is mentioned in the description.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months, despite coastal breezes.

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