32201 Coast, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath

32201 Coast, Laguna Beach, California 92651 home-pic-0
ACTIVE$15,000,000
32201 Coast, Laguna Beach, California 92651
2Beds
2Baths
1,600Sqft
54,450Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 1600.
Top Cons:
High Price Point & Limited Buyer Pool: The $15 million asking price for the 1.25-acre parcel (or $45 million for the combined 3.75 acres) targets an extremely niche market of ultra-high-net-worth individuals, potentially extending market time.

Compared to the nearby listings

Price:$15.00M vs avg $3.12M (+$11,875,000)96%
Size:1,600 sqft vs avg 2,015.5 sqft29%
Price/sqft:$9.4K vs avg $1.6K99%

More Insights

Built in 1968 (57 years old).
Condition: The property was built in 1968, making it 56 years old. The listing description explicitly states that the 'small home' on the property is 'likely not commensurate with the land's value or development potential, implying a significant additional investment for demolition or extensive renovation.' The provided images focus solely on the land, views, and exterior, with no interior shots of the house, kitchen, or bathrooms, further suggesting the existing structure is not a selling point. The property's value is clearly based on the land and its potential for redevelopment, aligning with the 'tear-down' criteria.
Year Built
1968
Close
-
List price
$15M
Original List price
$15M
Price/Sqft
$9,375
HOA
-
Days on market
-
Sold On
-
MLS number
OC25041875
Home ConditionTear down
Features
Excellent View: Catalina, City Lights, Coastline, Park/Greenbelt, Ocean, Panoramic, Rocks
ViewCatalina,City Lights,Coastline,Park/Greenbelt,Ocean,Panoramic,Rocks

About this home

Presenting the last of its kind, a spectacular residential oceanfront property in beautiful Laguna Beach. 32201 Coast Highway is a majestic, rectangular 1.25-acre oceanfront property 110 feet wide from Coast Highway to the sandy beach. This unique property features terraced lawns, lush gardens, statuesque trees, and copper-railed pathways leading to seated overlooks, a small private ledge and the private gated beach access. Accentuating this secluded haven are panoramic ocean views everywhere that enrich the joys of coastal living. The property, which is free from HOA oversight and limitations, can be repurposed for its own gated entry from Coast Highway and a 10,000- to 12,000-square-foot family mansion. There currently is a small home on the property. This large 1.25-acre parcel, offered at $15-million, is bounded to the north by a single-family-home property and to the south by a 2.5-acre parcel (with 6 estimated buildable lots) that is also on the market for $30-million. The entire 3.75-acre property, with separate entrance and exit gates, can be purchased at $45-million to ensure total control of any future development of this one-of-a-kind oceanfront residential property. Take advantage of this unique prospect to own the 1.25-acre parcel at 32201 Coast Highway or the entire 3.75 acres, irreplaceable in its size and scale in Coastal Orange County. This is a once-in-a-lifetime opportunity for enjoying your own oceanfront parklike retreat with private gated access to the sandy beach.

Nearby schools

9/10
El Morro Elementary School
Public,K-56.0mi
9/10
Thurston Middle School
Public,6-84.0mi
9/10
Laguna Beach High School
Public,9-124.0mi
Condition Rating
Tear down

The property was built in 1968, making it 56 years old. The listing description explicitly states that the 'small home' on the property is 'likely not commensurate with the land's value or development potential, implying a significant additional investment for demolition or extensive renovation.' The provided images focus solely on the land, views, and exterior, with no interior shots of the house, kitchen, or bathrooms, further suggesting the existing structure is not a selling point. The property's value is clearly based on the land and its potential for redevelopment, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 1600.
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).
Unrivaled Oceanfront Location & Private Beach Access: This property boasts a spectacular direct oceanfront position in Laguna Beach, featuring 110 feet of frontage from Coast Highway to a private sandy beach, complete with gated access and a secluded ledge.
Expansive & Developable Land Parcel: A rare 1.25-acre oceanfront parcel, offering substantial space for the development of a custom luxury estate, with potential for a 10,000- to 12,000-square-foot family mansion.
Panoramic Ocean Views: The property offers breathtaking panoramic views of the Pacific Ocean, Catalina Island, coastline, and city lights, enriching the coastal living experience from every vantage point.
Exclusivity & Privacy: Designed as a secluded haven with terraced lawns, lush gardens, statuesque trees, and copper-railed pathways, providing an unparalleled private park-like retreat.
Development Flexibility & No HOA: Free from HOA oversight and limitations, allowing for significant architectural freedom and development flexibility to create a bespoke luxury residence without restrictive covenants.

Cons

High Price Point & Limited Buyer Pool: The $15 million asking price for the 1.25-acre parcel (or $45 million for the combined 3.75 acres) targets an extremely niche market of ultra-high-net-worth individuals, potentially extending market time.
Existing Structure Requires Significant Investment: The current small home (1600 sqft, built 1968) is likely not commensurate with the land's value or development potential, implying a significant additional investment for demolition or extensive renovation to realize the property's full potential.
Substantial Additional Development Costs: Beyond the purchase price, a buyer should anticipate considerable costs for designing and constructing a new luxury mansion, extensive landscaping, and site preparation, adding millions to the total project investment.

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