33 Bay Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 6 bath

33 Bay Drive
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 33 Bay Drive, Laguna Beach, California 92651 reveals a Prime Investment Opportunity with a current list price of $29,950,000—significantly undercutting the $32,100,096 Fair Market Value by 7%. This valuation gap indicates a +$2,150,096 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33 Bay Drive Subject | $29,950,000* List Price | 4 | 6 | 5,072 | $6,329 | - |
A 3 N La Senda Active | $22,000,000 List Price | 4 | 4 | 3,300 | $6,667 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2007, has been 'newly remodeled to the highest standards inside and outdoors,' with 'virtually every detail of the home new,' including its roof and exterior. The description and images confirm an extensive renovation within the last 5 years. The kitchen is state-of-the-art with top-tier Sub-Zero, Bosch, and Wolf appliances, custom white Shaker cabinetry, and a glass-enclosed wine wall. Bathrooms are lavish and modern, featuring contemporary fixtures, glass-enclosed showers, and freestanding tubs. Wide-plank wood flooring, high-end lighting, and glass stair rails are present throughout. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Oceanfront Views
The property boasts unparalleled panoramic views of the Pacific Ocean, Catalina Island, Mussel Cove, and spectacular sunsets from its prime oceanfront perch.
- Extensive High-End Remodel
Recently remodeled to the highest standards, the home features a new roof, natural stone exterior, wide-plank wood flooring, high-end lighting, and glass stair rails, ensuring modern luxury.
- State-of-the-Art Gourmet Kitchen
The kitchen is equipped with top-tier appliances including Sub-Zero, Bosch, and Wolf, a glass-enclosed wine wall, custom cabinetry, and a prep kitchen with a walk-in pantry, ideal for culinary enthusiasts.
CONSRISKS & DEFICIENCIES
- Multi-Level Layout with Extensive Stairs
Despite having an elevator, the multi-level floorplan with numerous stairs between levels may present accessibility challenges or be less desirable for some buyers seeking single-level living.
- Extremely High Price Point
With a list price of nearly $30 million, the property targets an extremely niche market, significantly limiting the pool of potential buyers.
- Substantial Monthly Association Fees
The monthly association fee of $2,750 is considerable, adding a significant recurring cost to ownership that could be a factor for even affluent buyers.
About 33 Bay Drive
From its stunning perch overlooking the ocean, the beach at Mussel Cove, breaking waves, rocky cliffs, Catalina Island and spectacular sunsets, this contemporary Laguna Beach masterpiece redefines luxurious oceanfront style and living. Newly remodeled to the highest standards inside and outdoors, the custom estate is located at the end of a cul-de-sac in guard-gated Three Arch Bay, one of Southern California’s most sought-after addresses. The sound of the surf creates a natural playlist for an incomparable lifestyle, lending excitement to entertaining and calm to relaxation. Virtually every detail of the home is new, including its roof and exterior walls clad in natural stone tile. Approximately 5,072 square feet, the residence offers direct beach access and reveals itself to be exceptionally open, bright and enviably private. A loft-style foyer with sitting area opens via a staircase to living areas below. Enjoy vaulted and beamed ceilings, skylights, and floor-to-ceiling windows that frame ocean and beach views. Seamless in design, living and dining rooms open to an ocean-view balcony via bifold glass doors, a linear fireplace adds visual flair, and the family room features an elevator with access to lower levels. Top-tier finishes and fixtures were incorporated into the new remodel at every opportunity, including wide-plank wood flooring, high-end lighting and glass stair rails. In the kitchen, a peninsula and an island accommodate meal prep and casual dining, and a glass-enclosed wine wall, custom white Shaker cabinetry, full backsplash, built-in Sub-Zero refrigerator, two Bosch drawer microwaves, a double Wolf range, and a prep kitchen with walk-in pantry are featured. The multi-level floorplan includes four bedrooms and four full and two half baths. Two ocean-view primary suites are featured, one on each of the lower levels. One includes a versatile bonus room, and both present covered balconies with magnificent ocean and beach views, fireplaces, lavish en suite bathrooms, and custom walk-in closets. On the lowest floor, a spacious secondary bedroom hosts built-in bunkbeds. Full-width balconies at three levels erase the lines between indoor living and the ocean, and stairs descend to an intimate backyard on a homesite of nearly 9,040 square feet. Located in South Laguna, Three Arch Bay offers lighted tennis and pickleball courts, a playground, and easy access to Monarch Beach Golf Links, The Ritz-Carlton Resort, Dana Point and Laguna’s Main Beach.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 9,040 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2750.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 5,072 | 2,054 | 98% |
| Lot Size | 9,040 | 6,041.5 | 82% |
| Price | $29.95M | $3.06M | 99% |
| Price per sq ft | $5.9K | $1.6K | 97% |
| Built year | 2007 | 1965 | 91% |
| HOA | $2750.0 | $0 | 92% |
| Days on market | 87 | 200 | 10% |
Pricing History
Listed for Sale
Dec 10, 2025
$29,950,000
Initial Listing
Sold
Sep 11, 2015
$15,800,000
Public Record
Sold
Jul 12, 2013
$6,500,000
Public Record




































