397 Poplar Street, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 3 bath
397 Poplar Street
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 397 Poplar Street, Laguna Beach, California 92651 reveals a property with a current list price of $2,995,000, which is 16% above the estimated $2,563,055 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 397 Poplar Street Subject | $2,995,000* List Price | 2 | 3 | 1,000 | $2,563 | - |
A 430 Anita Street Sold | $2,600,000 | 2 | 2 | 1,047 | $2,483 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1929, this property is in move-in ready condition with significant recent infrastructure upgrades including a new roof, copper plumbing, a newer furnace, and a new water heater. The interior features high-quality hardwood floors, high ceilings, and updated bathrooms, including a primary suite with a soaking tub and walk-in shower. The home has been well-maintained with fresh interior and exterior paint, though it retains its historic French Normandy charm rather than a full contemporary renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime North Laguna Location
Situated in the highly coveted 'Tree Streets' neighborhood, this property offers exceptional walkability to world-class beaches, downtown Laguna Village, and renowned art galleries.
- Historic Charm with Modern Infrastructure
This 1929 French Normandy cottage preserves its timeless character while benefiting from significant recent upgrades, including a new roof, copper plumbing, and a newer furnace.
- Versatile Single-Level Layout
The floor plan maximizes its footprint with high ceilings, a dedicated office, and a secondary bedroom with a private entrance, providing excellent flexibility for guests or remote work.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 850.
- High Price Per Square Foot
With only 1,000 square feet of living space at a nearly $3 million list price, the property represents a premium investment for a relatively small interior footprint.
- Compact Lot Size
The 3,000 square foot lot is relatively small, which limits the potential for significant outdoor expansion or large-scale private grounds.
About 397 Poplar Street
First time on the market in decades, this charming single-level cottage presents a rare opportunity! Located in North Laguna’s sought-after Tree Streets, this delightful French Normandy home offers timeless character just moments from the ocean and downtown Laguna Village. The cottage features two bedrooms, an office, and 2 1/2 baths. The primary suite offers windows looking out to gardens, enjoy the soaking tub, walk-in shower, dual sinks, and a cedar-lined closet. The secondary bedroom includes a walk-in shower and private exterior entrance, ideal for guests or flexible living. Outdoor spaces include a garden gated entry, beautiful landscaped large, front yard, side yards with gardens, avocado and lemon tree, plus a private backyard patio perfect for outdoor dining. High ceilings and hardwood floors throughout create a light and inviting atmosphere. A classic wood-burning fireplace enhances the living room with inviting warmth and character. Recent improvements include a new roof, new copper plumbing, new interior and exterior paint, a newer furnace and new water heater. A rare opportunity to own a beautifully maintained home in one of North Laguna’s most beloved locations with close proximity to beaches, shops, and world renowned restaurants and galleries!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,000 | 2,048 | 6% |
| Lot Size | 3,000 | 6,003 | 14% |
| Price | $3.00M | $3.04M | 48% |
| Price per sq ft | $3.0K | $1.6K | 92% |
| Built year | 1929 | 1965 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 200 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$2,995,000
Initial Listing