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Sold for $799,000
  • Listed by: Marterra Real Estate • Christine Morgan • Contact: 949-910-1042
    Bought with: Marterra Real Estate
    $799,000

    387 Cypress Dr APT 5, Laguna Beach, CA 92651

    1beds
    480sqft
    Condominium
    Built in 1956
    -- sqft lot
    $801,200 Zestimate®
    $1,665/sqft
    $3,341 Estimated rent

    Home value

    $801,200

    $737,000 - $865,000

    $3,341/mo

    Zestimate® history
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    What's special

    Welcome to a rare gem in the heart of Laguna Beach at 387 Cypress #5, a charming 1-bedroom, single-story upstairs condo that perfectly captures the essence of coastal living. This light-filled residence offers a peaceful retreat just moments from all the vibrancy that makes Laguna Beach so special. One of the standout features of this home is the exceptionally large deeded garage, an uncommon luxury in this area, complete with valuable extra storage space. Whether you need room for beach gear, bikes, or seasonal items, this added convenience sets the property apart from the rest. Ideally located, the condo boasts incredible walkability to Downtown Laguna Beach and its renowned Main Beach. Enjoy effortless access to local favorites like Heisler Park, the iconic Laguna Art Museum, and a variety of boutique shops, art galleries, and top-rated restaurants along Pacific Coast Highway. Just minutes from the sand, this location offers the ultimate beach-close lifestyle. Imagine morning walks along the shoreline, sunset views, and the soothing sound of the ocean all within easy reach. Whether you're looking for a full-time residence or a weekend escape, this home delivers the quintessential Southern California experience in one of the most desirable coastal communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Morgan DRE #01839037 949-910-1042,

    Marterra Real Estate

    Bought with:

    Christine Morgan, DRE #01839037

    Marterra Real Estate

    Source: CRMLS,MLS#: OC26064543MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Range, Microwave, Refrigerator
    • Laundry: Common Area
    Features
    • Quartz Counters, Bedroom on Main Level
    • Flooring: Carpet
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,No One Above
    Interior area
    • Total interior livable area: 480 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Private
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Size: 5,999 Square Feet
    Details
    • Parcel number: 89524005
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: North Laguna (Nl)
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds
    • HOA fee: $288 monthly
    • HOA name: Mar-Kay HOA
    • HOA phone: 805-703-6060
    Location
    • Region: Laguna Beach

    Financial & listing details

    • Price per square foot: $1,665/sqft
    • Tax assessed value: $236,331
    • Date on market: 3/25/2026
    • Cumulative days on market: 30 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: refrigerator, stove

    Price history

    DateEventPrice
    5/29/2026Sold$799,000$1,665/sqft
    Source: CRMLS #OC26064543 Report a problem
    4/27/2026Contingent$799,000$1,665/sqft
    Source: CRMLS #OC26064543 Report a problem
    4/17/2026Price change$799,000-5.9%$1,665/sqft
    Source: CRMLS #OC26064543 Report a problem
    4/9/2026Price change$849,000-5.6%$1,769/sqft
    Source: CRMLS #OC26064543 Report a problem
    3/25/2026Listed for sale$899,000+507.4%$1,873/sqft
    Source: CRMLS #OC26064543 Report a problem
    12/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/21/2023Listed for rent$2,850+23.9%$6/sqft
    Source: Zillow Rentals Report a problem
    11/18/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    11/12/2022Listed for rent$2,300+18.3%$5/sqft
    Source: Zillow Rental Network Premium Report a problem
    12/5/2019Listing removed$1,945$4/sqft
    Source: Marterra Properties Report a problem
    11/15/2019Listed for rent$1,945$4/sqft
    Source: Marterra Properties Report a problem
    8/28/1998Sold$148,000$308/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $236,331 +2%
    2025$3,376 +3.1%$231,698 +2%
    2024$3,274 +3.4%$227,155 +2%
    2023$3,167 +3%$222,701 +2%
    2022$3,074 +3%$218,335 +2%
    2021$2,984 +2.3%$214,054 +1%
    2020$2,916 $211,860 +2%
    2019$2,916 +2.6%$207,706 +2%
    2018$2,844 +5.2%$203,634 +2%
    2017$2,702 $199,642 +2%
    2016$2,702 +2.6%$195,728 +1.5%
    2015$2,634 +4.9%$192,788 +2%
    2014$2,512 $189,012 +0.5%
    2013-- $188,158 +2%
    2012-- $184,469 +2%
    2011-- $180,852 +0.8%
    2010-- $179,501 -0.2%
    2009-- $179,928 +2%
    2008-- $176,400 +2%
    2007-- $172,942 +2%
    2006-- $169,551 +2%
    2005-- $166,227 +2%
    2004-- $162,968 +1.9%
    2003-- $159,982 +2%
    2002-- $156,846 +2%
    2001$1,994 +4.8%$153,771 +2%
    2000$1,902 $150,756
    Find assessor info on the county website

    Neighborhood: 92651

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $801,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $801,200