
Laguna Beach, California 92651
This Single-Level Coastal Residence is a Strong Value Opportunity, listed at $2,895,000—positioned well below the $3,053,918 Fair Market Value by 5%. This valuation gap offers $158,918 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers Panoramic Ocean Views and a Detached Casita/ADU for flexible use. Located in the Laguna Beach Unified district with top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 758 Barracuda Way Subject | $2,895,000* List Price | 4 | 3 | 2,357 | $1,296 | - |
A 741 Marlin Sold | $2,900,000 | 4 | 3 | 2,662 | $1,089 | 0.1 mi |
B 599 Alta Vista Way Sold | $2,735,000 | 3 | 3 | 2,100 | $1,302 | 0.4 mi |
C 923 Balboa Avenue Sold | $2,028,000 | 3 | 3 | 1,890 | $1,073 | 0.2 mi |
D 686 Diamond Street Sold | $2,700,000 | 3 | 3 | 2,192 | $1,232 | 0.8 mi |
E 980 Bluebird Canyon Sold | $3,100,000 | 4 | 2 | 2,083 | $1,488 | 0.9 mi |
F 461 Alta Vista Way Sold | $3,730,000 | 3 | 4 | 2,736 | $1,363 | 0.5 mi |
G 1080 Noria Active | $2,650,000 List Price | 3 | 2 | 1,780 | $1,489 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring recent cosmetic upgrades such as new flooring and high-end bi-fold doors. While the kitchen and bathrooms are dated (likely 15-25 year old renovations based on the tile patterns and cabinetry), they are fully functional. The home shows significant pride of ownership for a 1969 build, though it offers 'upside' through future modernization of the primary systems and wet areas.
The property features sweeping, unobstructed views of Catalina Island and the coastline from the living room, primary suite, and outdoor patio, significantly enhancing its luxury appeal.
A versatile detached guest house provides exceptional flexibility, serving as a private home office, creative studio, or a potential income-generating rental unit.
The open-concept Spanish-style floor plan offers high beamed ceilings and seamless indoor-outdoor flow on a rare flat cul-de-sac lot, ideal for effortless coastal living.
While move-in ready with some updates, the 1969 construction suggests that further investment may be needed to fully modernize the home to contemporary luxury standards.
The 6,000-square-foot lot is relatively compact for the price point, which may limit buyers seeking expansive private grounds or large garden spaces.
Sweeping Catalina Island views, a versatile floorplan, and an unbeatable cul-de-sac location — 758 Barracuda Way is the complete package. Nestled on a flat lot along one of Portafina’s most desirable flat streets, this single-level Spanish-style residence blends timeless character with modern sensibility and effortless coastal living. A statement carved wooden entry door sets the tone before you step inside to soaring beamed ceilings and straight-on views of Catalina Island and the northern coastline from the expansive living room. A majestic fireplace anchors the space as the open-concept layout flows naturally into the dining room and primary suite — each equally impressive with the same signature beam ceiling detail and ocean view. Designed for the way people actually live, this 4-bedroom, 3-bathroom home adapts to a wide range of lifestyles and entertaining styles. The seamless indoor-outdoor connection opens to a large, gated private courtyard and an ocean-view patio that invites year-round enjoyment. The detached casita/ADU is a standout feature — perfectly suited as a guest retreat, home office, creative studio, or income opportunity. This home is move-in ready with new flooring and new bi-fold doors leading to the extended patio — while still offering meaningful upside for buyers looking to add their own finishing touches in line with the surrounding neighborhood. Generous parking is provided by an oversized 2-car garage and an expansive driveway, with the added convenience of proximity to Moulton Meadows Park. Opportunities like this — views, privacy, single-level living, and a casita on a flat cul-de-sac — don’t come around often. Welcome home.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,357 | 2,351 |
| Lot Size | 6,000 | 6,231 |
| Price | $2.90M | $3.25M |
| Price per sq ft | $1.2K | $1.7K |
| Built year | 1969 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 16 | 71 |
Jul 6, 2026
$2,895,000
Initial Listing
Mar 12, 2020
$1,985,000
Public Record