346 Y Place, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

ACTIVE UNDER CONTRACT$2,995,000
346 Y Place, Laguna Beach, California 92651
3Beds
3Baths
2,500Sqft
7,186Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Coastal Location: Situated in highly desirable Laguna Beach, just blocks from the sand and minutes from downtown, offering an unparalleled coastal lifestyle.
Top Cons:
Active Under Contract Status: The property is currently under contract, limiting opportunities for new prospective buyers to make offers.
Compared to the nearby listings
Price:$3.00M vs avg $3.00M (+$0)50%
Size:2,500 sqft vs avg 1,700 sqft67%
Price/sqft:$1.2K vs avg $1.2K50%
More Insights
Built in 2019 (6 years old).
Condition: This property was built in 2019, making it a very recent construction. The MLS description highlights its 'modern construction' and 'contemporary design and amenities.' The provided image of the exterior confirms a sleek, modern aesthetic with new materials and no visible signs of wear or deferred maintenance. Given its age, all major components, including the kitchen, bathrooms, appliances, and systems, are expected to be new or virtually new, meeting current quality standards and requiring no immediate updates or repairs.
Year Built
2019
Close
-
List price
$3M
Original List price
$3.4M
Price/Sqft
$1,198
HOA
-
Days on market
-
Sold On
-
MLS number
OC25099768
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Trees/Woods
ViewCatalina,City Lights,Coastline,Neighborhood,Ocean,Trees/Woods
About this home
Live the ultimate coastal lifestyle in this exceptional Laguna Beach residence, perfectly situated just blocks from the sand and minutes from the heart of downtown.
Condition Rating
Excellent
This property was built in 2019, making it a very recent construction. The MLS description highlights its 'modern construction' and 'contemporary design and amenities.' The provided image of the exterior confirms a sleek, modern aesthetic with new materials and no visible signs of wear or deferred maintenance. Given its age, all major components, including the kitchen, bathrooms, appliances, and systems, are expected to be new or virtually new, meeting current quality standards and requiring no immediate updates or repairs.
Pros & Cons
Pros
Prime Coastal Location: Situated in highly desirable Laguna Beach, just blocks from the sand and minutes from downtown, offering an unparalleled coastal lifestyle.
Exceptional Panoramic Views: Boasts stunning views including Catalina, City Lights, Coastline, and the Ocean, significantly enhancing its appeal and value.
Modern Construction: Built in 2019, the property offers contemporary design and amenities, reducing immediate maintenance concerns for a new owner.
Significant Price Adjustment: A substantial price reduction from $3.395M to $2.995M makes this luxury property more competitively priced in the current market.
Spacious Lot for Townhouse: With a generous 7,186 sqft lot, it offers more outdoor space and privacy than typically found in a townhouse.
Cons
Active Under Contract Status: The property is currently under contract, limiting opportunities for new prospective buyers to make offers.
Townhouse Structure: As a townhouse, it may involve shared walls and potential HOA fees (not specified), which could impact privacy and monthly expenses compared to a single-family home.
Premium Price Point: Despite the reduction, the nearly $3 million list price targets a very specific, high-net-worth buyer demographic, potentially limiting market reach.