
Laguna Beach, California 92651
This Turnkey Coastal Cottage is listed at $2,385,000, reflecting a stable market valuation compared to the $2,352,322 Fair Market Value. Featuring a Mint Condition Rating, this home offers a rare blend of modern updates, including a solar energy system and remodeled kitchen, alongside panoramic ocean views and a grandfathered rooftop deck. With Laguna Design Review-approved plans for a 1,600 sqft expansion and proximity to top-rated schools like El Morro Elementary, this property is an ideal sanctuary for discerning homeowners or coastal lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31982 Virginia Way Subject | $2,385,000* List Price | 3 | 2 | 1,100 | $2,124 | - |
A 31911 Crestwood Place Sold | $2,300,000 | 2 | 2 | 1,233 | $1,865 | 0.1 mi |
B 31862 Cypress Lane Active | $2,045,000 List Price | 2 | 2 | 1,100 | $1,859 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1947, the property has undergone a comprehensive modern renovation within the last 5 years. It features a fully remodeled kitchen with newer stainless steel appliances, two remodeled bathrooms, newer wood flooring, and updated systems including a solar energy system and modern mini-split HVAC units, placing it in turnkey, mint condition.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated just one block from Thousand Steps Beach, this property offers stunning panoramic ocean and Catalina Island views from the main living areas and a rare grandfathered rooftop deck.
The inclusion of Laguna Design Review Board-approved plans for a 1,600 sqft expansion allows a buyer to bypass a notoriously lengthy approval process to build a larger 5-bedroom residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 1021.
At just 1,100 square feet, the current three-bedroom layout is quite compact, which may feel restrictive for families or those accustomed to larger coastal estates.
The 3,355 square foot lot is modest, resulting in limited private yard space and close proximity to neighboring homes typical of the high-density South Laguna Village area.
Beach and surf-inspired style meets coastal living in this updated single-level coastal cottage, ideally located one block from iconic Thousand Steps Beach. This natural light-filled home captures the relaxed spirit of Laguna Beach thoughtful modern updates, ocean and Catalina views from the main living spaces, and the unique advantage of Laguna Design Review Board-approved plans that provide the flexibility to enjoy the home as it is today, or expand in the future - avoiding the lengthy Design Review approval process. Featuring a beautifully remodeled kitchen with farmhouse sink, newer stainless steel appliances, newer wood flooring throughout the home, two remodeled bathrooms, and a desirable three-bedroom floor plan, the inviting living room is anchored by a cozy fireplace and framed by ocean views, creating a warm and welcoming setting for everyday living and relaxed coastal entertaining. Multiple outdoor living areas invite you to embrace the Southern California lifestyle, from the welcoming front patio to the private interior courtyard and the grandfathered ocean-view rooftop deck, the perfect place to enjoy colorful sunsets, ocean breezes, and morning coffee after a surf session. A detached bonus flex space with laundry and generous storage provides exceptional versatility as a creative studio, home office, fitness space, or the ultimate surf and beach gear room. Rarely does a South Laguna home check every box - single-level living, ocean views from both inside and out, walkability to the beach, turnkey condition, stylish updates, a rooftop view deck, an attached garage, plus two additional off-street parking spaces. Adding to its exceptional appeal, the property includes Laguna Design Review, approved plans for an appx 1,600sf expansion. The plans envision an appx 5 bedroom, 4 bath residence highlighted by a second-level ocean-view primary suite featuring a spacious walk-in closet and spacious bath. The approved design also includes a Jr ADU, expanded ocean-view deck, and additional living space, offering flexibility for living, while fast-tracking the path toward an exceptional coastal retreat. Additional highlights include a solar energy system for improved energy efficiency and lower utility costs. Whether you're searching for a full-time residence, weekend escape, or the ultimate beach house, this exceptional property embodies the effortless coastal lifestyle that makes South Laguna one of California's most coveted seaside communities.
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 | 3.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,100 | 2,244.917 |
| Lot Size | 3,355 | 6,150.208 |
| Price | $2.38M | $3.48M |
| Price per sq ft | $2.2K | $1.7K |
| Built year | 1947 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 36 | 73 |
Aug 5, 2026
$2,385,000
Initial Listing
Aug 4, 2026
$2,495,000
Initial Listing
Feb 20, 2015
$1,075,000
Public Record