31847 8th Avenue, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 3 bath

31847 8th Avenue, Laguna Beach, California 92651 home-pic-0
ACTIVE$3,495,000
31847 8th Avenue, Laguna Beach, California 92651
4Beds
3Baths
2,016Sqft
3,150Lot

Price Vs. Estimate

The estimated value ($2,454,929.69) is $1,040,070.31 (29%) lower than the list price ($3,495,000). 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 Discrepancy in Estimated Value: The property's estimated value of approximately $2.45M is substantially lower than the current list price of $3.495M, indicating a potential overpricing relative to automated valuation models or recent comparable sales.

Compared to the nearby listings

Price:$3.50M vs avg $3.12M (+$370,000)59%
Size:2,016 sqft vs avg 2,016 sqft50%
Price/sqft:$1.7K vs avg $1.6K59%

More Insights

Built in 1938 (87 years old).
Condition: Despite being built in 1938, this property has been 'meticulously reimagined' and features 'tasteful modern updates' throughout. The kitchen is exceptionally well-equipped with fully integrated Fisher & Paykel and SubZero appliances, bespoke cabinetry, and a farmhouse sink, all appearing brand new. The bathroom shown in the images is also completely updated with modern tiling, fixtures, and a glass-enclosed shower. Hardwood floors are pristine, and light fixtures are contemporary. The overall condition, as evidenced by the description and high-quality images, indicates a very recent and extensive renovation, meeting current quality standards with no visible deferred maintenance.
Year Built
1938
Close
-
List price
$3.5M
Original List price
$3.55M
Price/Sqft
$1,734
HOA
-
Days on market
-
Sold On
-
MLS number
LG25017884
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Ocean, Trees/Woods
Deck
Patio
ViewCatalina,City Lights,Ocean,Trees/Woods

About this home

Experience luxury paired with the unmistakable Laguna Beach charm of a bygone era in this meticulously reimagined cottage. Constructed in 1938 and now a chic sanctuary, the home boasts breathtaking ocean, Catalina Island views, and tasteful modern updates. Mullioned windows fill all rooms with light, while the thoughtful yet practical layout offers privacy. The main level features an exceptionally well-equipped kitchen with fully integrated Fisher & Paykel and SubZero appliances, a stone-topped peninsula, bespoke cabinetry, and a brass fixture atop the farmhouse sink. An adjoining living-dining space is anchored by a fireplace with custom millwork, including a reading nook, setting an elegant tone. On the upper level, the primary retreat is all charm, with a balcony, built-in wardrobes, a cathedral ceiling, and an en-suite bathroom. A bedroom on this floor could easily function as a home office, a gym, or a massive walk-in closet. An expansive ocean-facing rooftop deck features sitting areas and a fire pit, creating a space for year-round enjoyment. The remaining secondary bedrooms on the lowest level afford privacy, with one opening onto a patio. This cottage is enveloped by mature landscaping: the meticulously maintained hedges and olive trees create a sophisticated setting. Nestled within a quiet South Laguna enclave, this refined haven is mere minutes from dining destinations and the area’s famed beaches.

Nearby schools

9/10
El Morro Elementary School
Public,K-55.7mi
9/10
Thurston Middle School
Public,6-83.7mi
9/10
Laguna Beach High School
Public,9-123.7mi
Condition Rating
Excellent

Despite being built in 1938, this property has been 'meticulously reimagined' and features 'tasteful modern updates' throughout. The kitchen is exceptionally well-equipped with fully integrated Fisher & Paykel and SubZero appliances, bespoke cabinetry, and a farmhouse sink, all appearing brand new. The bathroom shown in the images is also completely updated with modern tiling, fixtures, and a glass-enclosed shower. Hardwood floors are pristine, and light fixtures are contemporary. The overall condition, as evidenced by the description and high-quality images, indicates a very recent and extensive renovation, meeting current quality standards with no visible deferred maintenance.
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).
Exceptional Ocean & Catalina Island Views: The property offers breathtaking panoramic ocean and Catalina Island views, a premium feature highly sought after in Laguna Beach, enhancing its desirability and value.
High-End Modern Renovation: Meticulously reimagined with tasteful modern updates, including an exceptionally well-equipped kitchen with fully integrated Fisher & Paykel and SubZero appliances, bespoke cabinetry, and quality finishes throughout.
Prime South Laguna Location: Nestled within a quiet South Laguna enclave, the home is mere minutes from desirable dining destinations and the area’s famed beaches, offering an ideal coastal lifestyle.
Unique Architectural Charm & Character: Retains the unmistakable Laguna Beach charm of a bygone era, blended with chic sanctuary elements, custom millwork, and a cathedral ceiling, providing a distinctive and elegant aesthetic.
Expansive Rooftop Deck for Entertaining: Features an expansive ocean-facing rooftop deck with dedicated sitting areas and a fire pit, providing an ideal space for year-round outdoor enjoyment and entertaining with stunning vistas.

Cons

Significant Discrepancy in Estimated Value: The property's estimated value of approximately $2.45M is substantially lower than the current list price of $3.495M, indicating a potential overpricing relative to automated valuation models or recent comparable sales.
Small Lot Size: With a lot size of 3150 sqft, the property offers a relatively compact outdoor footprint, which may be a consideration for buyers seeking more expansive grounds or future expansion possibilities.
Age of Original Construction: Despite extensive modern updates, the original construction year of 1938 may raise concerns for some buyers regarding the condition of unseen foundational or structural elements, potentially leading to unforeseen maintenance or upgrade costs.

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