
Laguna Beach, California 92651
Analysis of 37 Blue Lagoon, Laguna Beach, California 92651 is currently available with a list price of $4,688,800. 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 from nearly every room and set in a prestigious community with resort-like amenities, this beautifully remodeled home offers a lifestyle that many can only dream about. The home is located in the well regarded, A-rated school district of Laguna Beach, in a gated oceanfront community in between the Montage Resort and Lagunita. Private access to Victoria Beach, a tennis/Pickleball court, two heated pools, a fitness center, on-site Property Manager, and seasonal security make the community a destination unto itself. The galleries, boutiques and fine dining options of Laguna Beach are also nearby. Taking full advantage of the idyllic coastal location, the home offers endless, awe-inspiring views from the entry level bonus room/third bedroom, open concept living area and primary suite, as well as a large patio overlooking the sea. Retractable glass walls in the bonus room and family room blur the lines between the indoor/outdoor living areas; the minimalist, designer-quality interior presents the dynamic hues of the ocean and sky without a distraction. The sophisticated open kitchen is a focal point, as it features a breakfast bar with a waterfall edge, a Farmhouse-style sink and Thermador appliances, including a built-in refrigerator. A wall of new custom cabinets with open shelves and a built-in wine fridge connects the ocean view family room to the dining area, which has built-in seating. Stylish gold hardware in the kitchen and bathrooms unifies the design theme and shows the attention to detail that went into the renovation, which created more square footage on the entry level—making the home a truly unique offering. A luxe primary suite with a premium toilet, magic frosted glass in the shower, and an oversized walk-in closet that is more like a dressing room sets the home apart. Other highlights include a bedroom-adjacent laundry closet, motorized screens with UV protectant, non-slip tile throughout that is nearly identical to wood, an attached 2-auto carport with storage, and ample guest parking. Marvel at daily sunsets, enjoy cooling ocean breezes, hike the nearby trails or take a short walk to the Montage Resort. With a prime location nearby A-rated schools, recreational opportunities, restaurants and the complimentary 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 | 3.0 | 50% |
| Square foot | 1,868 | 1,689 | 67% |
| Lot Size | 1,027 | 11,693 | 33% |
| Price | $4.69M | $2.25M | 67% |
| Price per sq ft | $2.5K | $1.3K | 67% |
| Built year | 1964 | 1975 | 33% |
| HOA | $1195.0 | $1.1K | 67% |
| Days on market | 59 | 204 | 33% |
May 17, 2026
$4,688,800
$4,988,800
-6% Price Drop
Initial Listing
Apr 8, 2026
$4,988,800
Initial Listing
Feb 6, 2025
$2,800,000
Public Record