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Sold for $7,000,000
  • Listed by: Compass • Michael Johnson • Contact: 949-375-6778
    Bought with: Compass
    $7,000,000

    40 Lagunita Dr, Laguna Beach, CA 92651

    3beds
    2,542sqft
    Single Family Residence
    Built in 1954
    6,864 Square Feet Lot
    $7,381,600 Zestimate®
    $2,754/sqft
    $7,738 Estimated rent

    Home value

    $7,381,600

    $6.57M - $8.34M

    $7,738/mo

    Zestimate® history
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    What's special

    Broad coastline viewsSheltered front entry courtyardFull catalina island views
    In this storied enclave of just over sixty homes, 40 Lagunita – an exceptional and prominent location overlooking the sands and waves of Victoria Beach – is now available after multiple generations of family ownership. A short private community staircase adjacent to the home leads directly to the beach. Only a single row of Lagunita oceanfront homes sit between 40 Lagunita and the sand. The gated Lagunita community, home across the years to celebrities and business luminaries, allows for a wonderfully low-key beach lifestyle and a terrific juxtaposition to other more public oceanfront and beach-close locations in Laguna Beach. The home, a perfect example of the mid-century ranch style, offers broad coastline views, beautiful sunsets year-round, and full Catalina Island views. The current floorplan is surprisingly modern in feel. A great room open to dining and an open kitchen anchor the upper street level, with the primary bedroom suite and an additional bedroom and bath on this level offering an opportunity for the bulk of ‘living’ on a single level. Almost all rooms on the street level and a wonderful terrace share in the superior coastal views. The lower level includes a second great room and an additional guest bedroom suite and bath – with a walk-out rear yard. Surprisingly, the lower level includes stellar ocean views from most rooms and the rear yard. A sheltered front entry courtyard provides function as well as a beautiful entry to the home. On colder winter evenings (Southern California ‘cold’, that is), the courtyard is a terrific spot for outside dining and entertaining with protection from the cooler on-shore airflow. 40 Lagunita delivers an endless number of possibilities – a terrific home to live in as-is, improve and update the current home, or potentially add on or rebuild on this outstanding and rare parcel. Only a handful of homes in Lagunita, let alone Laguna Beach at large, share such a prime ocean-view and beach-close location – while many will covet 40 Lagunita, only one will be able to shepherd this special property into the next 100 years.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Johnson DRE #01429647 949-375-6778,

    Compass,

    Paulo Prietto DRE #01878796 949-375-6778,

    Compass

    Bought with:

    Garrett Rau, DRE #01939532

    Compass

    Robert Giem, DRE #01082750

    Compass

    Source: CRMLS,MLS#: LG24202753MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Tile Counters
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: In Garage
    Features
    • Tile Counters, Bedroom on Main Level, Main Level Primary
    • Flooring: Carpet, Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,542 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Multi, Garage, Private
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Concrete, Tile
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Catalina, City Lights, Coastline, Ocean, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 6,864 Square Feet
    • Features: Bluff, Cul-De-Sac
    Details
    • Parcel number: 65617156
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Shingle Siding
    • Foundation: Combination, Raised, Slab
    • Roof: Concrete,Tile
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & HOA

    Community
    • Features: Storm Drain(s), Gated
    • Security: Gated Community
    HOA
    • Has HOA: Yes
    • Amenities included: Other, Security
    • HOA fee: $780 quarterly
    • HOA name: Lagunita
    • HOA phone: 949-363-1963
    Location
    • Region: Laguna Beach

    Financial & listing details

    • Price per square foot: $2,754/sqft
    • Tax assessed value: $7,140,000
    • Date on market: 10/12/2024
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional,Submit
    • Inclusions: Refrigerator under house

    Price history

    DateEventPrice
    11/8/2024Sold$7,000,000+11.2%$2,754/sqft
    Source: CRMLS #LG24202753 Report a problem
    11/4/2024Pending sale$6,295,000$2,476/sqft
    Source: CRMLS #LG24202753 Report a problem
    10/24/2024Contingent$6,295,000$2,476/sqft
    Source: CRMLS #LG24202753 Report a problem
    10/12/2024Listed for sale$6,295,000$2,476/sqft
    Source: CRMLS #LG24202753 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $7,140,000 +2%
    2025$72,928 +84.7%$7,000,000 +90.6%
    2024$39,486 +821.7%$3,672,000 +1511.5%
    2023$4,284 -6.1%$227,869 +2%
    2022$4,563 -4.8%$223,401 +2%
    2021$4,795 +28.9%$219,021 +1%
    2020$3,719 $216,776 +2%
    2019$3,719 -15.4%$212,526 +2%
    2018$4,397 +32.2%$208,359 +2%
    2017$3,327 $204,274 +2%
    2016$3,327 +2.4%$200,269 +1.5%
    2015$3,250 +22.4%$197,261 +2%
    2014$2,654 $193,397 +0.5%
    2013-- $192,523 +2%
    2012-- $188,749 +2%
    2011-- $185,049 +0.8%
    2010-- $183,666 -0.2%
    2009-- $184,103 +2%
    2008-- $180,494 +2%
    2007-- $176,955 +2%
    2006-- $173,486 +2%
    2005-- $170,085 +2%
    2004-- $166,750 +1.9%
    2003-- $163,694 +2%
    2002-- $160,485 +2%
    2001$2,115 +4%$157,339 +2%
    2000$2,034 $154,254
    Find assessor info on the county website

    Neighborhood: 92651

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: El Morro
    • Middle: Thurston

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $7,381,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,381,600