
Laguna Beach, California 92651
This Bauhaus-inspired Single Family Residence is a High-Potential Investment Opportunity, listed at $4,850,000—positioned slightly above the $4,723,369 Fair Market Value. While the home requires modernization, its Condition Rating of 4 is offset by its architectural pedigree and Panoramic Ocean Views. With over 940 square feet of deck space and undergrounded utilities, the property offers a rare canvas for luxury customization in North Laguna Beach. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to restore a mid-century masterpiece.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Ledroit Subject | $4,850,000* List Price | 4 | 3 | 2,019 | $2,339 | - |
A 1575 Via Majorca Sold | $4,250,000 | 3 | 3 | 1,900 | $2,237 | 0.3 mi |
B 1665 Hillcrest Drive Sold | $4,150,000 | 3 | 2 | 1,600 | $2,594 | 0.1 mi |
C 486 Locust Street Active Under Contract | $3,650,000 List Price | 3 | 3 | 2,066 | $1,767 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this mid-century residence is well-maintained but shows significant age in its interior finishes. The bathroom features a dated fluorescent light grid ceiling and older vanity/fixtures, indicating a renovation age likely exceeding 20-30 years. While the home is functional and captures premium views, the kitchen and baths require modernization to meet current luxury standards.
The property offers unobstructed, sweeping views from the Palos Verdes Peninsula to Catalina Island, preserved by undergrounded utilities that ensure a clean and unspoiled coastal horizon.
As a rare 1954 Bauhaus-inspired residence, the home features timeless mid-century modern lines and a distinctive design aesthetic that is highly coveted in the North Laguna Beach market.
With over 940 square feet of deck space across two levels, the home provides an expansive environment for indoor-outdoor entertaining and captures the quintessential Laguna Beach lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Listed at $4.85 million for 2,019 square feet, the property carries a premium price-per-square-foot that may be perceived as high relative to the interior living area provided.
Built in 1954, the home may require significant updates to its core systems or structural elements to meet the expectations of modern luxury buyers seeking contemporary amenities.
A rare expression of Bauhaus architecture, 401 Ledroit is a distinctive 1954 residence set within the coveted Emerald Terrace neighborhood of North Laguna Beach. Designed around its spectacular natural setting, the home unfolds across two levels, capturing panoramic ocean views that stretch from the Palos Verdes Peninsula toward Catalina Island. The upper level is devoted to dramatic views and effortless indoor-outdoor living. A light-filled living room is anchored by an impressive custom-built Swedish fireplace, while expansive windows frame the ever-changing Pacific beyond. Just off the main living area, a 424-square-foot view deck creates an exceptional setting for sunset gatherings, morning coffee, or simply taking in the coastline. Two bedrooms and a full bath complete the upper level. The lower, main level offers a more intimate connection to the surrounding gardens. A generous family room opens to an approximately 520-square-foot deck with sit-down ocean views, creating another inviting space for outdoor living and entertaining. The primary suite, accompanied by a dedicated home office, and an additional ensuite bedroom provide privacy and flexibility, all surrounded by lush gardens and a sense of seclusion. All utilities at this home have been undergrounded so the landscape and view are unspoiled by utility wires and poles. Elegant in its simplicity, 401 Ledroit is a timeless nod to mid-century modern living—where clean architectural lines, thoughtful spaces, expansive decks, and an extraordinary coastal setting come together in quintessential Laguna Beach fashion. Camera and Audio equipment on premises.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,019 | 2,244.917 |
| Lot Size | 6,000 | 6,150.208 |
| Price | $4.85M | $3.48M |
| Price per sq ft | $2.4K | $1.7K |
| Built year | 1954 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 25 | 73 |
Aug 15, 2026
$4,850,000
Initial Listing