
Laguna Beach, California 92651
This Turnkey Coastal Estate represents a Strong Value Opportunity, listed at $1,558,000—positioned well below the $1,635,405 Fair Market Value by 4%. This valuation gap offers $77,405 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a high-end renovation, the home offers Panoramic Ocean Views and a massive entertainer's deck. Located in the Laguna Beach Unified School District with top-rated schools, this property is an ideal sanctuary for Luxury Homeowners or Sophisticated Investors seeking a premium, move-in-ready coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31992 Virginia Way Subject | $1,558,000* List Price | 2 | 1 | 636 | $2,571 | - |
A 31886 Hillside Sold | $1,295,000 | 1 | 1 | 478 | $2,709 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1947, the property has undergone a comprehensive, top-tier renovation. It features a modern epicurean kitchen with premium stainless steel appliances, a spa-inspired bathroom with all-new finishes, new designer paint, premium flooring, and updated architectural lighting, placing it in mint, turnkey 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 steps from the iconic 1,000 Steps Beach, this property offers rare and immediate access to one of Laguna Beach's most exclusive and dramatic coastlines.
The home features a massive entertainer's deck and vast walls of glass that provide sweeping, uninterrupted views of the Pacific Ocean and evening city lights.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-07-29. The sold price is $1,150,000.00.
With only 636 square feet of living space, the home’s interior footprint is significantly smaller than typical single-family residences in this price bracket.
Perched majestically in the highly coveted enclave of South Laguna Beach, this single-level coastal estate represents the pinnacle of sophisticated ocean-view living. Masterfully reimagined through a comprehensive, top-tier renovation, the residence flawlessly balances modern elegance with the timeless allure of the Pacific. Every detail of this transformation has been meticulously curated, debuting flawless new designer paint that bounces natural light across the rooms, premium new flooring that stretches seamlessly through the living spaces, and an architectural lighting design that casts a warm, gallery-like ambiance throughout. Positioned a mere matter of steps from the legendary 1,000 Steps Beach, this property offers immediate access to one of Southern California's most exclusive and dramatic coastlines. After a morning spent exploring pristine sands and enchanting tide pools, return home to a sun-drenched sanctuary designed for the ultimate indoor-outdoor lifestyle. The grand living area serves as the heart of the home, defined by soaring wood-beamed ceilings and vast walls of glass. Oversized sliding doors glide open to reveal a massive entertainer's deck, presenting sweeping, uninterrupted views of the azure ocean by day and glittering city lights by night. This seamless transition crafts an unparalleled venue for sophisticated open-air lounging and sunset dining. The sophisticated design continues into the epicurean kitchen, which opens entirely to the living pavilion and features premium appointments, a charming breakfast nook, and convenient breakfast bar seating. Tucked away for maximum privacy are two restful bedrooms, each showcasing impressive, high open-beamed ceilings that evoke an airy, upscale aesthetic. These private quarters share a beautifully appointed spa-inspired bath, complete with all new everything and a Jack and Jill style dedicated entry creating a primary ensuite feel for the larger of the bedrooms. Offering a rare combination of turnkey luxury, fresh high-end finishes, and an unmatched coastal location, this timeless architectural jewel presents an extraordinary lifestyle opportunity that will not last long. Welcome home.
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 | 2.0 | 3.6 |
| Baths | 1.0 | 3.0 |
| Square foot | 636 | 2,244.917 |
| Lot Size | 1,728 | 6,150.208 |
| Price | $1.56M | $3.48M |
| Price per sq ft | $2.4K | $1.7K |
| Built year | 1947 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 26 | 73 |
Aug 14, 2026
$1,558,000
Initial Listing
Jul 29, 2026
$1,150,000
Public Record
Jun 12, 2019
$880,000
Public Record
Jul 27, 2012
$470,000
Public Record