
Laguna Beach, California 92651
This architecturally exceptional ocean-view residence is a High-Potential Investment Opportunity, listed at $3,995,000—positioned well below the $4,787,375 Fair Market Value by 16%. This valuation gap provides $792,375 in Instant Equity. Featuring an oversized 11,700-square-foot lot and panoramic Catalina views, the home maintains a Condition Rating of 3, offering move-in readiness with significant modernization upside. Located in the heart of the Village near 9/10 rated schools like Laguna Beach High, it balances lifestyle luxury with financial growth. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 660 Virginia Park Subject | $3,995,000* List Price | 4 | 3 | 3,073 | $1,558 | - |
A 1349 Cerritos Drive Sold | $3,050,000 | 4 | 4 | 3,116 | $979 | 0.6 mi |
B 1015 Madison Place Sold | $4,800,000 | 4 | 4 | 2,897 | $1,657 | 0.8 mi |
C 1545 Caribbean Way Sold | $4,900,000 | 5 | 3 | 3,991 | $1,228 | 0.6 mi |
D 1425 Skyline Drive Active | $4,395,000 List Price | 4 | 4 | 2,702 | $1,627 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained, preserving its 1979 architectural character while offering functional updates. The kitchen features granite countertops, a center island with a modern vent hood, and stainless steel appliances. Flooring throughout the main living areas appears to be updated wood or high-quality laminate, and the interior paint and fixtures are in good condition. While some elements like the wood paneling and cabinetry style are dated, the home shows no signs of deferred maintenance and meets the criteria for a well-maintained, functional residence.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated on a rare, tree-lined cul-de-sac in the heart of Laguna Beach's Village, the property offers exceptional privacy while remaining walking distance to world-class beaches, galleries, and dining.
The 11,700-square-foot lot is remarkably large for this high-density coastal neighborhood, providing a rare sense of space, lush mature gardens, and significant outdoor entertaining potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1979 and emphasizing 'original architectural character,' the home may require substantial updates to its interior finishes and systems to meet the expectations of modern luxury buyers.
The multi-level floor plan, including a primary suite on its own private level, may pose accessibility challenges or be less ideal for buyers seeking a more integrated family living arrangement.
Located in the heart of Laguna Beach’s highly sought-after Village neighborhood just moments from world-class beaches, galleries, restaurants, and boutiques, this architecturally exceptional ocean-view residence is truly one of a kind. Offering remarkable privacy, the home spans approximately 3,073 square feet with four bedrooms and three baths and is set on an oversized 11,700-square-foot lot creating a rare sense of space in this coveted coastal setting. High ceilings, abundant natural light, and an open floor plan define the interior flowing seamlessly to multiple outdoor decks and private patios. Lush, mature gardens surround the property enhancing it's welcoming presence within this quiet cul-de-sac location, while ocean and sunset views elevate the coastal living experience. The main level is designed for both relaxed living and effortless entertaining, featuring a dramatic living room with vaulted ceilings, a statement fireplace that anchors the room, and glass doors that open to a wraparound deck framed by greenery and ocean views extending to a spacious yard. The generous kitchen captures breathtaking ocean and Catalina Island views and flows into the dining area creating an ideal setting for gatherings. Direct access to outdoor dining and entertaining spaces further enhances the home’s exceptional indoor-outdoor connection. The main living room serves as the showpiece of the home, wrapped in glass to frame sweeping ocean vistas and opening to expansive decks creating an inviting backdrop for entertaining or quiet moments alike. An office just off the living area adds flexibility, while the primary suite occupies its own private level, offering exceptional privacy and uninterrupted views. Throughout the home, each space has been thoughtfully designed to enhance comfort while preserving original architectural character. Situated on Virginia Park Drive, a tree-lined, one-way street that loops around a landscaped median, the property enjoys a serene and distinctive setting rarely found in Laguna Village. This is a rare opportunity to own a truly distinctive residence in one of California’s most desirable coastal communities all just moments from Laguna Beach’s celebrated lifestyle. Schedule a private tour and experience this exceptional property firsthand.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,073 | 2,109 | 80% |
| Lot Size | 11,700 | 6,001.5 | 91% |
| Price | $4.00M | $3.08M | 69% |
| Price per sq ft | $1.3K | $1.6K | 32% |
| Built year | 1979 | 1965 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 181 | 2% |
Apr 6, 2026
$3,995,000
Initial Listing
Jul 19, 1995
$800,000
Public Record