
Laguna Beach, California 92651
This oceanfront estate represents a Strong Value Opportunity, listed at $13,250,000—positioned well below the $14,265,111 Fair Market Value by 7%. This valuation gap offers $1,015,111 in Instant Equity. Featuring a Condition Rating of 4, the property offers a rare oceanfront compound with direct beach access, a resort-style pool, and panoramic views. Located within the Laguna Beach Unified district with Top-Rated Schools, this is an ideal acquisition for Luxury Investors or Owner-Occupants seeking a legacy coastal estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31971 Coast Highway Subject | $13,250,000* List Price | 7 | 7 | 5,756 | $2,478 | - |
A 31971 Coast Highway Active | $13,995,000 List Price | 7 | 7 | 5,756 | $2,431 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1939, the property is described as having a 'vintage' kitchen and the images show bathrooms with dated tiling and fixtures likely from a 20+ year old renovation. While the estate is grand and well-maintained, the interior finishes and systems are dated and require modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23631, living area = 5756.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
This estate offers direct access to Thousand Steps Beach and includes rare ownership of a portion of the sand, providing an exclusive coastal lifestyle that is highly coveted in Laguna Beach.
Built in 1939 and featuring a 'vintage kitchen,' the home may require significant modernization and capital investment to align with contemporary luxury standards and buyer expectations.
The property's location directly on Coast Highway may result in ambient traffic noise and potential challenges with ingress and egress during peak tourist seasons.
Perched above the Pacific Ocean, this rare Laguna Beach estate unfolds across more than half an acre, offering direct beach access with rare ownership of a portion of the sand, panoramic coastal views, and resort-style amenities. Designed to celebrate its dramatic oceanfront setting, the property blends timeless craftsmanship with whimsical architectural character and effortless California elegance across approximately 5,756 square feet of living space, featuring seven bedrooms and seven total bathrooms. The compound includes a stunning main home, poolside guest quarters and a separate guest residence. The main residence feels both grand and enchanting, with a stone turret, diamond-patterned windows, and a shingled roof that mirrors the rhythm of the waves below. Inside, stone floors, a sculptural floating staircase, and soaring beamed ceilings frame endless ocean vistas. The living room, anchored by an impressive double-height fireplace, opens to an oversized deck that appears to float above the water, while the formal dining room and vintage kitchen with a wet bar for entertaining invite gatherings that linger late into the evening. The primary suite offers a private ocean-view deck, fireplace, dual baths, and a walk-in closet, a serene retreat overlooking the sea, with panoramic coastal views, Catalina Island, sunsets, and sparkling night lights. Additional highlights include a loft-style office, expansive great room, and two main-level bedrooms. The poolside guest quarters feature ocean views, a fireplace, and an ensuite bath, while the separate stand alone guest residence -approximately 1,485 square feet - showcases panoramic ocean vistas, high ceilings, abundant natural light, three bedrooms (two ensuite), a den, and ocean-view patios. Lush stone pathways meander through the grounds, connecting multiple terraces, a resort-style pool and spa, and the sandy shoreline of renowned Thousand Steps Beach. An oversized five-car garage with immense storage and an expansive motor court with a circular drive accommodating an additional four cars complete the property. This rare oceanfront compound, where craftsmanship and coastal magic converge, captures the very essence of Laguna Beach living. Ideally situated moments from fine and casual dining, art galleries, and the Montage Resort, it represents the pinnacle of coastal living.
No exterior & parking available.
Grades K-5 • 5.8 mi
Grades 6-8 • 3.8 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.6 |
| Baths | 7.0 | 3.0 |
| Square foot | 5,756 | 2,244.917 |
| Lot Size | 23,631 | 6,150.208 |
| Price | $13.25M | $3.48M |
| Price per sq ft | $2.3K | $1.7K |
| Built year | 1939 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 29 | 73 |
Aug 11, 2026
$13,250,000
Initial Listing