382 Ledroit Street, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 4 bath

ACTIVE$6,295,000
382 Ledroit Street, Laguna Beach, California 92651
3Beds
4Baths
2,528Sqft
7,392Lot
Price Vs. Estimate
The estimated value ($6,099,797.82) is $195,202.18 (3%) lower than the list price ($6,295,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Views: The property boasts stunning northern-coast views towards Emerald Bay, encompassing City Lights, Coastline, Ocean, and Water, a highly desirable feature in Laguna Beach.
Top Cons:
Significant Price Reduction & Overpricing: The property has seen a substantial price reduction from its original list price ($6.995M to $6.295M) and is currently listed above its estimated market value, potentially indicating buyer resistance or an initial overvaluation.
Compared to the nearby listings
Price:$6.29M vs avg $3.12M (+$3,170,000)86%
Size:2,528 sqft vs avg 2,018 sqft65%
Price/sqft:$2.5K vs avg $1.6K86%
More Insights
Built in 2007 (18 years old).
Condition: The property was built in 2007, making it 17 years old, which falls within the 'Good' condition criteria (built within 10 to 20 years). The single provided image shows a well-maintained, modern exterior with a contemporary driveway and gate. However, a comprehensive assessment of the property's condition, especially focusing on the kitchen and bathroom conditions, styles, and features, as well as appliances, light fixtures, flooring, carpets, cooling/heating systems, and electrical devices, is severely limited by the absence of interior images and detailed descriptions. Based on the age and the modern, well-kept exterior, it is reasonable to assume the property is move-in ready with functional systems and minimal wear and tear, aligning with a 'Good' rating. Without interior visuals, a higher 'Excellent' score cannot be justified, as there's no evidence of recent extensive renovations or 'virtually new' components.
Year Built
2007
Close
-
List price
$6.29M
Original List price
$7M
Price/Sqft
$2,490
HOA
-
Days on market
-
Sold On
-
MLS number
LG24192166
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Ocean, Water
ViewCity Lights,Coastline,Ocean,Water
About this home
Stunning northern-coast views looking toward Emerald Bay.
Condition Rating
Good
The property was built in 2007, making it 17 years old, which falls within the 'Good' condition criteria (built within 10 to 20 years). The single provided image shows a well-maintained, modern exterior with a contemporary driveway and gate. However, a comprehensive assessment of the property's condition, especially focusing on the kitchen and bathroom conditions, styles, and features, as well as appliances, light fixtures, flooring, carpets, cooling/heating systems, and electrical devices, is severely limited by the absence of interior images and detailed descriptions. Based on the age and the modern, well-kept exterior, it is reasonable to assume the property is move-in ready with functional systems and minimal wear and tear, aligning with a 'Good' rating. Without interior visuals, a higher 'Excellent' score cannot be justified, as there's no evidence of recent extensive renovations or 'virtually new' components.
Pros & Cons
Pros
Exceptional Views: The property boasts stunning northern-coast views towards Emerald Bay, encompassing City Lights, Coastline, Ocean, and Water, a highly desirable feature in Laguna Beach.
Modern Construction: Built in 2007, this residence offers a more contemporary structure and potentially updated systems compared to many older homes prevalent in the Laguna Beach market.
Prime North Laguna Location: Situated in the prestigious North Laguna subdivision, the property benefits from a highly sought-after address known for its exclusivity and coastal lifestyle.
Spacious Lot Size: With a generous 7,392 sqft lot, the property provides ample outdoor space, which is a significant premium in this dense coastal community.
Ample Bathrooms: The property features 4 bathrooms for 3 bedrooms, offering a high level of convenience and luxury for residents and guests.
Cons
Significant Price Reduction & Overpricing: The property has seen a substantial price reduction from its original list price ($6.995M to $6.295M) and is currently listed above its estimated market value, potentially indicating buyer resistance or an initial overvaluation.
Extended Market Time: Having been on the market for over 8 months (since October 2024), the prolonged listing period may suggest challenges in attracting a suitable buyer at the current price point.
Limited Property Detail: The provided description is concise and lacks specific details on interior finishes, recent upgrades, or modern amenities (e.g., air conditioning), which could be crucial for discerning buyers of luxury properties.