Back on the market. Buyer failed to perform. Amazing 180-degree white water, ocean, and Catalina views from this beach cottage on a large street to street lot in Laguna Beach's coveted Coast Royal neighborhood. Short walk to some of the best beaches in Laguna Beach, to include West Beach, Table Rock, Thousand Steps Beach and direct beach access via a pedestrian tunnel to Aliso Beach. The house features a freshly painted interior with hardwood floors, wood beamed ceilings, front tiled patio, rear wood deck, and a hand laid rock backyard. In addition to easy beach access, the Coast Royal neighborhood is within walking distance to the South Laguna Village for restaurants and shops, hiking trails, and The Ranch for golf, dining, and live music. Assumable VA Loan at 2.25%.
Looking for a larger, newer house? The sale includes city approved plans for a major remodel to increase the total house size to 3,576 sqft over three levels with a total of 3 en-suite bedrooms, all with ocean views, large living room, dining room, and family room all with ocean views, large designer kitchen, a bonus third level 680 sqft family room, or 4th ensuite bedroom with plans to convert to an ADU, over 800 sqft of ocean view decks and patios, an oversized 538 sqft subterranean two car garage, and a large ocean view backyard with room for a pool. The plans for the major remodel were approved by the City of Laguna Beach Design Review Board (DRB) in October 2021 and now valid until 2025. Seller has completed the structural and civil engineering plans, the mechanical, electrical, plumbing, and fire sprinkler plans, and completed the soil testing. The construction plans are all ready to submit to the City for approval and permitting.
Sold for $2,700,000
Listed by: USA Veterans Real Estate and Mortgage Company • Peter McCormick • Contact: 949-289-9408
Bought with: Harcourts Prime Properties
$2,700,000
31312 Pedro St, Laguna Beach, CA 92651
2beds
1,424sqft
Single Family Residence
Built in 1940
6,180 Square Feet Lot
$3,076,900 Zestimate®
$1,896/sqft
$7,771 Estimated rent
Home value
$3,076,900
$2.80M - $3.42M
$7,771/mo
Zestimate® history
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List your homeWhat's special
Ocean viewsHardwood floorsFreshly painted interiorLarge designer kitchenTable rockCoast royal neighborhoodEasy beach access
Zillow last checked:
Listing updated:
Listed by:
Peter McCormick DRE #01925536 949-289-9408,
USA Veterans Real Estate and Mortgage Company
Bought with:
Bob Wolff, DRE #01053562
Harcourts Prime Properties
Source: CRMLS,MLS#: OC22082192
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bonus Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bathroom
- Features: Bathtub, Remodeled, Separate Shower, Tub Shower, Walk-In Shower
Kitchen
- Features: Granite Counters, Pots & Pan Drawers
Heating
- Central, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Built-In Range, Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Dryer, Washer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Features
- Beamed Ceilings, Breakfast Bar, Built-in Features, Granite Counters, Main Level Primary
- Flooring: Carpet, Tile, Wood
- Windows: Wood Frames
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,424 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Second Floor
- Exterior features: Barbecue, Lighting
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Beach Access, Ocean Access
Lot
- Size: 6,180 Square Feet
- Features: Back Yard, Drip Irrigation/Bubblers, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinkler System, Sloped Up, Trees, Value In Land, Walkstreet, Yard
Details
- Parcel number: 05604241
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Plaster, Stucco
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Slab
- Roof: Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Community & HOA
Community
- Features: Biking, Dog Park, Golf, Hiking, Preserve/Public Land, Storm Drain(s), Suburban, Water Sports
- Security: Smoke Detector(s)
- Subdivision: Coast Royal (Cr)
Location
- Region: Laguna Beach
Financial & listing details
- Price per square foot: $1,896/sqft
- Tax assessed value: $1,277,566
- Annual tax amount: $17,550
- Date on market: 4/22/2022
- Cumulative days on market: 431 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listing removed | $2,700,000$1,896/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #CROC22082192 Report a problem | ||
| 7/31/2023 | Sold | $2,700,000$1,896/sqft |
Source:  CRMLS #OC22082192 Report a problem | ||
| 7/18/2023 | Pending sale | $2,700,000$1,896/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 7/1/2023 | Listed for sale | $2,700,000$1,896/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 6/12/2023 | Pending sale | $2,700,000$1,896/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 3/15/2023 | Price change | $2,700,000-1.8%$1,896/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 2/28/2023 | Price change | $2,750,000-1.8%$1,931/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 1/23/2023 | Price change | $2,800,000-3.4%$1,966/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 10/27/2022 | Price change | $2,900,000-3.3%$2,037/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 8/15/2022 | Price change | $2,999,999-3.2%$2,107/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 5/28/2022 | Price change | $3,100,000+3.7%$2,177/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 4/22/2022 | Listed for sale | $2,990,000+70.9%$2,100/sqft |
Source: CRMLS #OC22082192 Report a problem | ||
| 3/11/2020 | Sold | $1,750,000-2.5%$1,229/sqft |
Source: Public Record Report a problem | ||
| 1/30/2020 | Pending sale | $1,795,000$1,261/sqft |
Source: Pacific Sotheby's International Realty #LG19257262 Report a problem | ||
| 11/4/2019 | Listed for sale | $1,795,000$1,261/sqft |
Source: Pacific Sotheby's International Realty #LG19257262 Report a problem | ||
| 11/4/2019 | Pending sale | $1,795,000$1,261/sqft |
Source: Pacific Sotheby's International Realty #LG19257262 Report a problem | ||
| 9/27/2019 | Pending sale | $1,795,000$1,261/sqft |
Source: Pacific Sotheby's International Realty #LG19160229 Report a problem | ||
| 9/16/2019 | Price change | $1,795,000-4.3%$1,261/sqft |
Source: Pacific Sotheby's International Realty #LG19160229 Report a problem | ||
| 8/29/2019 | Price change | $1,875,000-1.3%$1,317/sqft |
Source: Pacific Sotheby's International Realty #LG19160229 Report a problem | ||
| 8/1/2019 | Price change | $1,899,000-4.8%$1,334/sqft |
Source: Pacific Sotheby's International Realty #LG19160229 Report a problem | ||
| 7/8/2019 | Listed for sale | $1,995,000+88.2%$1,401/sqft |
Source: Pacific Sotheby's International Realty #LG19160229 Report a problem | ||
| 7/8/2019 | Listing removed | $7,500$5/sqft |
Source: REGENCY REAL ESTATE BROKERS, I #LG19111497 Report a problem | ||
| 7/1/2019 | Listed for rent | $7,500$5/sqft |
Source: REGENCY REAL ESTATE BROKERS, I #LG19111497 Report a problem | ||
| 10/9/2003 | Sold | $1,060,000$744/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,550 0% | $1,277,566 +2% |
| 2024 | $17,558 -26.3% | $1,252,516 -31.9% |
| 2023 | $23,834 +2.1% | $1,839,561 +2% |
| 2022 | $23,353 +1.6% | $1,803,492 +2% |
| 2021 | $22,981 -1.3% | $1,768,130 +28.3% |
| 2020 | $23,276 +25.9% | $1,378,048 +2% |
| 2019 | $18,492 -0.1% | $1,351,028 +2% |
| 2018 | $18,507 +2.8% | $1,324,538 +2% |
| 2017 | $18,006 | $1,298,567 +2% |
| 2016 | $18,006 +1.7% | $1,273,105 +1.5% |
| 2015 | $17,711 +30.5% | $1,253,982 +2% |
| 2014 | $13,571 | $1,229,419 +19.9% |
| 2013 | -- | $1,025,000 |
| 2012 | -- | $1,025,000 |
| 2011 | -- | $1,025,000 -4.8% |
| 2010 | -- | $1,077,000 -8% |
| 2009 | -- | $1,170,324 +4% |
| 2008 | -- | $1,124,880 |
| 2007 | -- | $1,124,880 -15.2% |
| 2006 | -- | $1,326,000 +2% |
| 2005 | -- | $1,300,000 +22.6% |
| 2004 | -- | $1,060,000 +1398.6% |
| 2003 | -- | $70,733 +2% |
| 2002 | -- | $69,347 +2% |
| 2001 | $1,136 +3.3% | $67,988 +2% |
| 2000 | $1,099 | $66,655 |
Find assessor info on the county website
Neighborhood: 92651
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Nearby schools
GreatSchools rating
- 7/10El Morro Elementary SchoolGrades: K-5Distance: 5.8 mi
- 8/10Thurston Middle SchoolGrades: 6-8Distance: 3 mi
- 10/10Laguna Beach High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$3,076,900
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Estimated market value
$3,076,900
- California
- Orange County
- Laguna Beach
- 92651
- 31312 Pedro St
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