790 Wendt Terrace, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath
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Laguna Beach, California 92651
This Coastal Value-Add Residence is a Strong Value Opportunity, listed at $2,790,000—positioned well below the $2,925,751 Fair Market Value by 4%. This valuation gap offers $135,751 in Instant Equity for buyers. While the Condition Rating of 4 reflects a well-maintained 1986 aesthetic, the panoramic ocean and Catalina views and flexible floor plan with a separate lower-level entrance provide significant appreciation potential. Located in the prestigious Laguna Beach Unified district, this is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 790 Wendt Terrace Subject | $2,790,000* List Price | 4 | 4 | 2,371 | $1,177 | - |
A 846 Diamond Street Sold | $3,234,425 | 3 | 3 | 2,120 | $1,526 | 0.7 mi |
B 686 Diamond Street Sold | $2,700,000 | 3 | 3 | 2,192 | $1,232 | 0.7 mi |
C 421 Loma Terrace Sold | $2,200,000 | 3 | 3 | 1,670 | $1,317 | 0.5 mi |
D 461 Park Avenue Sold | $2,075,000 | 3 | 2 | 1,639 | $1,266 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is well-maintained and move-in ready but shows clear signs of its age. The kitchen features dated oak cabinetry and older tile flooring, and the overall interior aesthetic—including the brick fireplace and window styles—reflects a 15-30 year old renovation cycle rather than a recent modern update. While the home is functional and clean, it lacks the contemporary finishes and recent comprehensive renovations required for a higher score.
Situated in the highly desirable Laguna Village, this property offers exceptional walkability to world-class beaches, renowned art galleries, and vibrant downtown dining.
The flexible floor plan includes a main-level bedroom for single-level living and a separate lower-level entrance, perfect for a guest suite, rental potential, or a creative studio.
The home features panoramic ocean and Catalina Island views from multiple vantage points, complemented by a rare flat grassy yard and a spacious sunlit deck.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2371, other record living area = 1735. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1986, the property may require modern cosmetic updates or system upgrades to compete with the ultra-luxury contemporary finishes found in newer Laguna Beach builds.
A recent significant price reduction from the original list price suggests the property may have been initially overvalued for the current market conditions.
Experience refined coastal living in this ocean-view residence, ideally located in one of Laguna Beach’s most desirable neighborhoods. Just a short stroll from acclaimed restaurants, art galleries, world-renowned beaches, and the vibrant heart of Laguna Village, this timeless home offers the ultimate blend of charm, lifestyle, and convenience. The property beautifully combines classic architectural character with modern comforts. Offering four bedrooms and three-and-a-half bathrooms, the flexible floor plan includes a separate entrance to the lower-level rooms, ideal for guests, extended family, or a creative studio space. A main-level bedroom allows for single-level living and connects to an additional room that can serve as a den, media room, or family room, with access to a spacious finished storage area. At the heart of the home, a sunlit family kitchen with ample storage opens to a generous ocean-view deck—perfect for al fresco dining, garden views, and breathtaking sunsets over Catalina Island. A flat grassy yard and mature landscaping create a peaceful, private outdoor retreat. The primary suite is a tranquil sanctuary, featuring sweeping ocean views, natural light throughout, vaulted ceilings, and an oversized skylight that fills the space with sunshine by day and starlight by night. The en-suite bath offers garden views, a soaking tub, and a separate shower for a spa-like experience. The home’s prime location makes it easy to leave the car behind and explore magnificent beaches, scenic parks, and the celebrated restaurants, cafe´s, galleries, and boutiques that make Laguna Beach such a coveted destination. This property promises an unparalleled coastal living experience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 2,371 | 2,111 | 64% |
| Lot Size | 4,700 | 6,000 | 32% |
| Price | $2.79M | $3.04M | 42% |
| Price per sq ft | $1.2K | $1.6K | 18% |
| Built year | 1986 | 1965 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 180 | 15% |
Mar 20, 2026
$2,790,000
$2,970,000
-6% Price Drop
Initial Listing
Feb 10, 2026
$2,970,000
Initial Listing