656 Thalia Street, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 1 bath
ACTIVE$2,600,000
656 Thalia Street, Laguna Beach, California 92651
2Beds
1Bath
748Sqft
2,722Lot
Price Vs. Estimate
The estimated value ($1,973,471.865) is $626,528.135 (24%) lower than the list price ($2,600,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in the highly desirable Laguna Beach Village, the property offers unparalleled walkability, being steps away from the ocean, local shops, and dining.
Top Cons:
As-Is Condition: The property is sold 'As Is,' implying potential for immediate and significant renovation or repair costs, which may deter buyers seeking a move-in ready home.
Compared to the nearby listings
Price:$2.60M vs avg $3.10M ($-495,000)36%
Size:748 sqft vs avg 2,015.5 sqft1%
Price/sqft:$3.5K vs avg $1.6K95%
More Insights
Built in 1926 (99 years old).
Condition: Built in 1926, this 'Original Redwood home' is nearly 100 years old and explicitly sold 'As Is,' indicating extensive deferred maintenance and a need for substantial repairs. The interior photos reveal very dated elements including old carpet, outdated track lighting, and older windows. The absence of kitchen and bathroom images, coupled with the 'As Is' clause, strongly suggests these critical areas are also in poor, original, or very outdated condition, requiring complete renovation. Major systems (electrical, plumbing, HVAC, roof) are likely at or beyond their expected lifespan and will require significant overhaul or replacement.
Year Built
1926
Close
-
List price
$2.6M
Original List price
$3.5M
Price/Sqft
$3,476
HOA
-
Days on market
-
Sold On
-
MLS number
OC25024658
Home ConditionPoor
Features
Excellent View: Catalina, Courtyard, Canyon, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Trees/Woods
ViewCatalina, Courtyard, Canyon, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Trees/Woods
About this home
Iconic Laguna Beach Cottage for Sale in the Village. Ocean View! Steps to the Ocean, Shops and Dining. Original Redwood home 2 bedrooms, 1 Bath,and 748 Square ft. Sitting on an enchanting street that reveres for its nostolgic row of cottages and flowering gardens. This bungalow embodies the Laguna soul so many seek. The home recieves southern california sun, and is an oasis to relax and enjoy the ocean breeze. Home is sold " As Is"
Condition Rating
Poor
Built in 1926, this 'Original Redwood home' is nearly 100 years old and explicitly sold 'As Is,' indicating extensive deferred maintenance and a need for substantial repairs. The interior photos reveal very dated elements including old carpet, outdated track lighting, and older windows. The absence of kitchen and bathroom images, coupled with the 'As Is' clause, strongly suggests these critical areas are also in poor, original, or very outdated condition, requiring complete renovation. Major systems (electrical, plumbing, HVAC, roof) are likely at or beyond their expected lifespan and will require significant overhaul or replacement.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Laguna Beach Village, the property offers unparalleled walkability, being steps away from the ocean, local shops, and dining.
Exceptional Views: The cottage boasts prominent ocean and panoramic views, a premium and highly sought-after amenity in the Laguna Beach market.
Historic Charm & Character: An 'Iconic Laguna Beach Cottage' with original redwood, it embodies the unique 'Laguna soul' on an enchanting street known for its nostalgic appeal.
Significant Price Adjustment: A substantial reduction from the original list price ($3.5M to $2.6M) indicates increased seller motivation and potential for a more competitive offer.
Desirable Ambiance: The home benefits from abundant Southern California sun and ocean breezes, creating a relaxing and quintessential coastal living atmosphere.
Cons
As-Is Condition: The property is sold 'As Is,' implying potential for immediate and significant renovation or repair costs, which may deter buyers seeking a move-in ready home.
Compact Size: With only 748 square feet, 2 bedrooms, and 1 bath, the property's small footprint may limit its appeal to a broader market or those requiring more living space.
Potential Overpricing: Despite the price reduction, the current list price of $2.6M is significantly higher than the estimated property value of $1.97M, suggesting it may still be above market value.