723 Balboa Avenue, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath

723 Balboa Avenue, Laguna Beach, California 92651 home-pic-0
ACTIVE$4,999,999
723 Balboa Avenue, Laguna Beach, California 92651
4Beds
4Baths
4,030Sqft
6,456Lot
Year Built
1981
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,241
HOA
-
Days on market
-
Sold On
-
MLS number
OC25226704
Home ConditionExcellent
Features
Excellent View: Ocean, Panoramic
Deck
ViewOcean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $5.00M(78th), sqft - 4030(92th), beds - 4(58th), baths - 4(64th).

This resort-like residence embodies 4,030 sq. ft. of stunning modern architecture and design. A beautiful curved entrance is a welcoming hint of the beauty waiting within. Huge sliding doors line the outside wall allowing breathtaking panoramic ocean views from almost every vantage point of the large room. Adjacent is the white chef’s kitchen complete with gas stove and hood, a huge island with quartz countertop and waterfall, and modern fixtures. The amount of cabinets plus an additional separate “butler’s pantry” with wine refrigerator add to an entertainer’s dream. A very manageable staircase with metal railings leads to an equally stunning second floor where ocean views are identically spectacular. This house has 4 bedrooms and 4 baths all of which have high end features including premium flooring, backsplash, tile, and cabinetry. Part of this incredible house could be used as an in-law suite or additional living space. If not, a second beautiful and well equipped kitchen upstairs is definitely a handy perk. Having a large laundry area with full-sized washer and dryer plus cabinet and counter space makes clothes care simple and convenient. Personal balconies on each floor provide great space to enjoy the Laguna Beach sunshine and vibes. With all it has to offer, this is uniquely one-of-a-kind and won’t last long.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.5mi
9/10
El Morro Elementary School
Public,K-53.9mi
9/10
Thurston Middle School
Public,6-81.8mi
9/10
Laguna Beach High School
Public,9-121.8mi

Price History

Date
Event
Price
09/26/25
Listing
$4,999,999
Condition Rating
Excellent

Despite being built in 1981, this property has undergone a comprehensive, high-end renovation within the last 5 years, as evidenced by the 'stunning modern architecture and design' and 'chef’s kitchen' with 'modern fixtures' and 'quartz countertop and waterfall' mentioned in the description. The images confirm a virtually new interior with contemporary kitchens featuring integrated appliances, sleek cabinetry, and stylish backsplashes. All bathrooms are fully modernized with premium flooring, tile, and fixtures, including a freestanding tub and glass-enclosed showers. The property boasts new light wood flooring throughout, modern light fixtures, and recessed lighting, indicating all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Panoramic Ocean Views: The property offers breathtaking panoramic ocean views from almost every vantage point, including both floors, significantly enhancing its appeal and value.
Modern Architecture and Design: Embodying stunning modern architecture and design, the residence features a beautiful curved entrance and contemporary aesthetics throughout.
Gourmet Chef's Kitchen: The main kitchen is a white chef’s dream, complete with a gas stove, hood, huge island with quartz countertop and waterfall, modern fixtures, and a separate butler’s pantry with a wine refrigerator, ideal for entertaining.
High-End Finishes Throughout: All 4 bedrooms and 4 baths boast high-end features, including premium flooring, backsplash, tile, and cabinetry, reflecting a luxurious standard of living.
Flexible Living with Dual Kitchens: The property offers versatile living arrangements with the potential for an in-law suite or additional living space, complemented by a second well-equipped kitchen upstairs, adding significant functionality.

Cons

Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months in Laguna Beach.
Potentially Limited Private Outdoor Space: While personal balconies are highlighted, the description does not detail a substantial private yard or extensive outdoor living areas beyond these, which some luxury buyers may desire.
Original Construction Year (1981): Despite extensive modern updates, the property's original construction year of 1981 might raise questions about the condition of underlying infrastructure (e.g., plumbing, electrical, roof) not explicitly mentioned as upgraded.

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