37 Blue Lagoon, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 3 bath
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Laguna Beach, California 92651
Analysis of 37 Blue Lagoon, Laguna Beach, California 92651 is currently available with a list price of $4,988,800. 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.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone an extensive high-end renovation within the last 5 years. It features a modern kitchen with Thermador appliances and waterfall stone counters, updated bathrooms with contemporary gold hardware and 'magic' frosted glass, and high-end systems like motorized screens and retractable glass walls. The home is in mint, move-in condition.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property features breathtaking, unobstructed views of the Pacific Ocean and Catalina Island, maximized by retractable glass walls in the primary suite, living area, and bonus room.
Extensively updated with high-end finishes, this home includes Thermador appliances, waterfall-edge stone counters, custom motorized UV screens, and unique 'magic frosted glass' in the primary shower.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1868, other record living area = 1700.
The monthly association fee of $1,195 is relatively high, which may impact the overall affordability and investment yield for some buyers.
Despite the luxury price point, the property is a townhouse within a 1960s-era complex, offering less privacy and smaller lot size compared to detached single-family homes in the area.
Showcasing panoramic ocean views and set in a community with resort-like amenities, this beautifully remodeled home offers a lifestyle that many can only dream about. Located in a gated oceanfront community that has private access to Victoria Beach (between the Montage and Lagunita), the home offers an open kitchen with Thermador appliances, stone counters, and a breakfast bar with a waterfall edge. Extensively renovated and modernized, this one-of-a-kind home has more square footage than comparable properties in the community, integrated non-slip tile that is nearly identical to wood, gold hardware and custom motorized screens with UV protectant, making it truly unique. Retractable glass walls showcase inspiring views from the bonus room/third bedroom, living area and primary suite, as well as a large patio overlooking the sea. Other highlights include magic frosted glass in the primary shower, an oversized walk-in closet, two heated community pools, tennis/Pickleball courts, and ample parking space. With a prime location nearby Laguna Beach art galleries, fine dining, shops, trails, and the free trolley system, the world is your oyster.
No exterior & parking available.
Grades K-5 • 4.0 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,868 | 1,526.5 | 50% |
| Lot Size | 1,027 | 6,360 | 50% |
| Price | $4.99M | $3.16M | 50% |
| Price per sq ft | $2.7K | $1.9K | 50% |
| Built year | 1964 | 1971 | 50% |
| HOA | $1195.0 | $830 | 50% |
| Days on market | 14 | 87 | 50% |
Apr 8, 2026
$4,988,800
Initial Listing
Feb 6, 2025
$2,800,000
Public Record