723 Balboa Avenue, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath
723 Balboa Avenue
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 723 Balboa Avenue, Laguna Beach, California 92651 reveals a Fairly Priced Property with a current list price of $4,995,000 aligned with the estimated $4,995,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 723 Balboa Avenue Subject | $4,995,000* List Price | 4 | 5 | 4,030 | $1,239 | - |
A 739 Marlin Sold | $5,165,000 | 4 | 5 | 3,315 | $1,558 | 0.1 mi |
B 1195 La Mirada Street Sold | $3,810,000 | 4 | 4 | 3,071 | $1,241 | 0.6 mi |
C 1088 Del Mar Avenue Sold | $4,400,000 | 4 | 5 | 3,100 | $1,419 | 0.6 mi |
D 704 Nyes Place Active Under Contract | $4,995,000 List Price | 4 | 4 | 3,639 | $1,373 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022 and recently renovated, this luxury coastal home features top-of-the-line gourmet appliances, modern high-end finishes, and pristine en-suite bathrooms, meeting the highest standards of current construction and design.
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).
- Panoramic Ocean Views
The residence offers breathtaking, unobstructed ocean views from every level and every bedroom, a highly coveted premium feature in the Laguna Beach luxury market.
- Versatile Accessory Dwelling Unit (ADU)
The inclusion of a fully equipped ADU with a separate entrance, kitchen, and laundry provides exceptional flexibility for rental income, guests, or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4030, other record living area = 4233.
- Compact Lot-to-Building Ratio
With a 4,030 square foot structure on a 6,400 square foot lot, the outdoor yard space is relatively limited, which may be a drawback for buyers prioritizing expansive private grounds.
- Premium Market Positioning
The nearly $5 million price point places this property in a highly competitive tier, where buyers may compare it against larger estates or properties with more significant acreage.
About 723 Balboa Avenue
Welcome to 723 Balboa Ave, where luxury meets coastal living in perfect harmony. This newly renovated 4000+ square foot residence offers unparalleled views of the shimmering ocean from every level. No detail has been overlooked. From the meticulously landscaped grounds to the top-of-the-line appliances adorning the kitchen, every aspect of this home exudes luxury. In the main house, discover a sanctuary in each bedroom, where every room is accompanied by its own luxurious bathroom and panoramic ocean view, offering unparalleled comfort and tranquility. Indulge in the ultimate in convenience and privacy with the optional Accessory Dwelling Unit (ADU), boasting its own kitchen, bedroom. laundry room with a washer/dryer set, and en-suite bathroom. With separate entrances, the ADU provides versatility, whether for guests, extended family, or as a rental opportunity. Elevate your lifestyle with modern amenities such as dual washer/dryer sets and gourmet appliances, ensuring every moment spent in this home is one of comfort and indulgence. Situated in a prime location near fine dining and entertainment, 723 Balboa Ave offers more than just a home, it offers a lifestyle. Don't miss your chance to experience the pinnacle of coastal living. Schedule your exclusive tour today and discover the unparalleled luxury awaiting you at 723 Balboa Ave.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 6,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Laguna Beach Unified Schools
Top Of The World Elementary School
Grades K-5 • 1.5 mi
El Morro Elementary School
Grades K-5 • 3.9 mi
Thurston Middle School
Grades 6-8 • 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 | 4,030 | 2,054 | 96% |
| Lot Size | 6,400 | 6,041.5 | 56% |
| Price | $5.00M | $3.06M | 80% |
| Price per sq ft | $1.2K | $1.6K | 27% |
| Built year | 2022 | 1965 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 200 | 10% |
Pricing History
Listed for Sale
Dec 17, 2025
$4,995,000
Initial Listing