
Laguna Beach, California 92651
This Turnkey Coastal Cottage is a High-Potential Investment Opportunity, listed at $3,495,000—positioned above the $3,235,621 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating with high-end Viking appliances and a fresh remodel. Situated in the prestigious Laguna Beach Unified district with Top-Rated Schools (9/10), it offers a rare lifestyle with Panoramic Ocean Views and expansion potential via pre-approved plans. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury South Laguna sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31964 10th Avenue Subject 3 bd · 2 ba · 1,620 sqft · $1,997 | $3,495,000* List Price | 3 | 2 | 1,620 | $1,997 | - |
A 31927 Hayes Place Sold 3 bd · 3 ba · 2,055 sqft · $1,545 · 0.0 mi | $3,175,000 | 3 | 3 | 2,055 | $1,545 | 0.0 mi |
B 31962 Sunset Pending 3 bd · 2 ba · 1,300 sqft · $2,458 · 0.1 mi | $3,195,000 List Price | 3 | 2 | 1,300 | $2,458 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1934, the property is a freshly remodeled cottage in mint condition. It features a high-end modern kitchen with Viking appliances, updated hardwood flooring, contemporary lighting, and well-maintained systems, meeting the criteria for a renovation under 5 years old.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property offers exceptional ocean and Catalina Island views and is perfectly situated within walking distance to 1000 Steps Beach and the amenities of South Laguna Village.
This 1934 cottage masterfully preserves its original character with beamed ceilings and a Dutch door while featuring a fresh, high-end remodel that ensures modern comfort.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3500, other record lot size in square feet = 4375. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1620, other record living area = 1068. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The 3,500 square foot lot is relatively compact, which may limit outdoor privacy and restricts further significant expansion beyond the existing plans.
With a list price of nearly $3.5 million for 1,620 square feet, the property commands a significant premium that may challenge buyers looking for more interior volume at this price point.
Some homes just get Laguna Beach right. A walk to the beach in the morning. Bare feet through the garden in the afternoon. An outdoor shower after a swim. Dinner in town without ever needing to move the car. Set in South Laguna with ocean and Catalina Island views, this freshly remodeled cottage has the kind of character that is increasingly hard to find. Beamed ceilings, hardwood floors, a natural stone fireplace and Dutch door give the home its soul, while thoughtful updates make it feel fresh, easy and ready for what comes next. The outdoor spaces are just as special. Lush gardens, brick terraces and a large ocean-view deck create places to gather, read, dine or simply watch the light change over the water. The garage has room for the boards and bikes, 1,000 Steps Beach is close by, and the trolley makes getting into the Village part of the fun. And for anyone thinking ahead, the property comes with plans to add an additional bedroom beneath the home, creating an opportunity to expand without losing what already makes it so good. It is charming without trying too hard, updated without losing its history, and very much the kind of place that makes South Laguna feel like South Laguna.
No exterior & parking available.
Grades K-5 • 5.8 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,620 | 2,265.258 |
| Lot Size | 3,500 | 6,028.677 |
| Price | $3.50M | $3.56M |
| Price per sq ft | $2.2K | $1.7K |
| Built year | 1934 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 24 | 74 |
Oct 1, 2026
$3,495,000
Initial Listing
Mar 29, 2024
$3,075,000
Public Record
Mar 26, 1999
$410,000
Public Record