49 Lagunita Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath

49 Lagunita Drive
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 49 Lagunita Drive, Laguna Beach, California 92651 reveals a Prime Investment Opportunity with a current list price of $13,950,000—significantly undercutting the $14,451,630 Fair Market Value by 3%. This valuation gap indicates a +$501,630 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 49 Lagunita Drive Subject | $13,950,000* List Price | 4 | 5 | 3,726 | $3,879 | - |
A 630 Diamond Street Active | $11,995,000 List Price | 3 | 4 | 3,665 | $3,273 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and appears exceptionally well-maintained. Although built in 1999, the home features high-end architectural details such as French limestone flooring, voluminous ceilings, and premium kitchen appliances. While the cabinetry and fixtures reflect the original construction era rather than a modern renovation, the lack of deferred maintenance and the high quality of the original materials align with the 'good' condition criteria for a 25-year-old luxury estate.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
- Prime Coastal Location
Situated in the exclusive gated enclave of Lagunita on a commanding 10,500-square-foot corner lot just one row back from the sand, offering rare private beach access.
- Exceptional Panoramic Views
The residence is expertly designed to frame unobstructed vistas of the Pacific Ocean, whitewater, and Catalina Island, maximizing the visual appeal of its coastal setting.
CONSRISKS & DEFICIENCIES
- High Price Per Square Foot
At nearly $14 million for 3,726 square feet, the property carries a significant price premium that may be difficult to justify for a non-direct oceanfront home.
- Dated Construction Era
Built in 1999, the estate may require substantial capital investment for cosmetic or mechanical updates to compete with the ultra-modern new constructions in the area.
About 49 Lagunita Drive
Located in the exclusive gated enclave of Lagunita, this striking soft-modern estate offers a blend of coastal sophistication and serene privacy. Positioned on a commanding ~10,500 square foot corner lot just one row back from the sand, the residence spans approximately 3,726 square feet of light-filled space designed to frame panoramic views of the Pacific Ocean, whitewater, and Catalina Island. The heart of the home is a voluminous great room with high ceilings and clean architectural lines, seamlessly transitioning to the ocean-facing upper deck via Italian doors. The adjoining kitchen offers breathtaking vistas and premium appliances. The thoughtful floor plan prioritizes ease of living with the primary suite situated on the main level, featuring floor-to-ceiling glass and a balcony to capture the morning sea breeze. A versatile den with access to the outside serves as an ideal home office or offers an opportunity for a fifth bedroom conversion. French limestone transitions from the main section to a private rear patio, where a tranquil water feature creates a peaceful sanctuary for alfresco dining and relaxation. A dedicated lower guest level offers three additional well-appointed bedrooms. Residing in Lagunita provides the quintessential Southern California lifestyle, including beach access to one of South Laguna’s most pristine stretches of sand. With its significant 10,500-square-foot lot and proximity to world-class dining and galleries, this property represents a premier opportunity for the discerning buyer seeking the quintessential Laguna Beach experience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 10,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $950.0 / Month
Neighborhood Insights
Laguna Beach Unified Schools
El Morro Elementary School
Grades K-5 • 3.9 mi
Thurston Middle School
Grades 6-8 • 2.0 mi
Laguna Beach High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 5.0 | 3.0 | 81% |
| Square foot | 3,726 | 2,054 | 91% |
| Lot Size | 10,500 | 6,041.5 | 88% |
| Price | $13.95M | $3.06M | 97% |
| Price per sq ft | $3.7K | $1.6K | 96% |
| Built year | 1999 | 1965 | 84% |
| HOA | $950.0 | $0 | 91% |
| Days on market | 8 | 200 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$13,950,000
Initial Listing
Sold
May 6, 1998
$975,000
Public Record


































