
Laguna Beach, California 92651
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $1,300,000—positioned well below the $1,363,835 Fair Market Value by 4%. This valuation gap provides $63,835 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern updates like hardwood flooring and stone countertops in a prime, walkable coastal location. With a private garage and shared spa, this property is an ideal acquisition for Owner-Occupants or second-home buyers seeking a low-maintenance Laguna Beach lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 436 Cypress 2 Subject 2 bd · 3 ba · 1,142 sqft · $1,194 | $1,300,000* List Price | 2 | 3 | 1,142 | $1,194 | - |
A 1570 Via Capri Sold 2 bd · 1 ba · 928 sqft · $1,169 · 0.8 mi | $1,085,000 | 2 | 1 | 928 | $1,169 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1978 but features a clear mid-range renovation (estimated 5-15 years old) including hardwood flooring, recessed lighting, stone countertops, and white shaker cabinets. The property is well-maintained, functional, and move-in ready, though white appliances and bathroom fixtures suggest the updates are not brand new.
Situated just steps from Main Beach and the Laguna Beach Village, this property offers an ultra-walkable lifestyle with immediate access to world-class galleries, dining, and boutiques.
Rare for a beachside condo, the home includes a private single-car garage plus two additional parking spaces, providing a total of three spots in a high-demand area.
Located in an intimate 6-unit community with HOA dues covering water, trash, and landscaping, this home is ideal for those seeking a lock-and-leave second home or investment.
Despite the proximity to the ocean, the property lacks Pacific views, with the outlook restricted to the interior courtyard and surrounding neighborhood.
Built in 1978, the property may require modern aesthetic updates or system upgrades to meet the expectations of contemporary luxury buyers in North Laguna.
Steps from Main Beach, this beautifully positioned two-level condo on Cypress Drive offers the quintessential Laguna Beach lifestyle — coastal, walkable, and effortless. Set within an intimate 6-unit Cape Cod-style community, the home carries the charm of a private residence with none of the upkeep — shingled façades, crisp white trim, and a coastal New England sensibility that feels right at home in Laguna. Leave the car behind: the sand, the Village, and the galleries, cafés, and boutiques that make this stretch of coastline one of the most sought-after in Orange County are all just a short stroll away. The open living and dining area anchors the main level, flowing easily into a well-appointed kitchen for everyday ease or entertaining. Upstairs, both bedrooms are generously sized, plus a convenient half bath for guests on the main level. In-unit stackable laundry adds everyday convenience. The community's shared spa offers a rare amenity for a building this size — a quiet, low-key perk that fits the relaxed pace of this stretch of PCH. Parking is a genuine luxury this close to the beach: the home includes a private single-car garage plus parking spaces for two additional vehicles. HOA dues cover trash, water, and maintenance of the grounds and landscaping — keeping ownership refreshingly low-maintenance. Whether you're searching for a walk-to-Main-Beach primary residence, a turnkey second home, or a smart addition to your investment portfolio, this Cypress Drive condo delivers a rare combination of location, character, and lifestyle flexibility — ready to enjoy from day one. Close to restaurants, schools, parks and art galleries as well as freeways. Live the good life in Laguna Beach!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 1.9 |
| Square foot | 1,142 | 1,119.625 |
| Lot Size | - | 50,297.286 |
| Price | $1.30M | $1.57M |
| Price per sq ft | $1.1K | $1.6K |
| Built year | 1978 | 1962 |
| HOA | $496.0 | $1.0K |
| Days on market | 23 | 102 |
Oct 2, 2026
$1,300,000
Initial Listing
Apr 28, 1994
$218,000
Public Record