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Sold for $7,500,000
  • Listed by: Livel Real Estate • Meital Taub • Contact: 949-922-9552
    Bought with: Livel Real Estate
    $7,500,000

    705 Gainsborough Pl, Laguna Beach, CA 92651

    4beds
    3,392sqft
    Single Family Residence
    Built in 2023
    7,342 Square Feet Lot
    $7,530,100 Zestimate®
    $2,211/sqft
    $19,052 Estimated rent

    Home value

    $7,530,100

    $6.78M - $8.36M

    $19,052/mo

    Zestimate® history
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    What's special

    Priceless ocean viewsStunning ocean viewsModern lighting fixturesPanoramic viewsVaulted ceilingMassive windowsNatural light
    Just completed with a virtually endless list of today’s most desirable appointments, this brand-new custom home in Laguna Beach offers stunning ocean views from every room. Its elevated setting at the end of a cul-de-sac next to the Orange County coastline welcomes panoramic views that reach as far as Long Beach and Catalina and San Clemente islands and span the village of Laguna Beach, enchanting sunsets and thousands of sparkling lights. Massive windows and large sets of glass accordion doors allow for sublime indoor/outdoor living at the home, which presents four bedrooms and four baths in a generous floorplan measuring approximately 3,392 square feet. A private courtyard entry with a soothing fountain and an original art glass sculpture by Marcus Thesing provides a tranquil introduction to the contemporary residence. Enjoy a main level with priceless ocean views, walls of disappearing glass, a fireplace-warmed living room with built-ins and a vaulted ceiling, and a kitchen that opens to a covered loggia with fireplace that extends living space. Anchored by a large waterfall island, the bespoke kitchen complements mealtime preparation with top-tier Thermador appliances including two dishwashers, custom wood cabinetry, two farmhouse sinks and quartzite countertops are true pieces of art. This entire living, dining and kitchen space, complete with an abundance of natural light and the scenic Pacific Ocean as a backdrop, is ideal for sharing special occasions with those you hold dearest in your heart. Refinements are led by an elevator, skylight, three fireplaces, an enclosed wine room, white rift-oak wide-plank flooring, modern lighting fixtures, solar power, and an EV charger in the garage. Select secondary bedrooms open to a balcony, and the primary suite is framed by numerous windows with ocean views. Enjoy an enormous walk-in closet with custom built-ins, separate vanities, a freestanding tub and a large steam shower. A street-to-street lot features additional spaces for outdoor living. Village shops, galleries, beaches, restaurants and cafés are moments from this extraordinary new custom residence. Whether your primary or second home, it offers the ultimate coastal lifestyle in Laguna Beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Meital Taub DRE #01871040 949-922-9552,

    Livel Real Estate

    Bought with:

    Alexis Amaradio, DRE #02178216

    Livel Real Estate

    Meital Taub, DRE #01871040

    Livel Real Estate

    Source: CRMLS,MLS#: LG23197145MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Other, Wine Cellar
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Dual Sinks, Stone Counters, Separate Shower, Tub Shower, Vanity, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Utility Sink
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Breakfast Bar, Built-in Features, Balcony, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Bedroom on Main Level, Primary Suite, Wine Cellar, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom, Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,392 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Multi/Split
    • Entry location: Gainsborough Pl
    • Patio & porch: Deck
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    Lot
    • Size: 7,342 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 64430404
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Suburban
    • Subdivision: Upper Diamond (Ud)
    Location
    • Region: Laguna Beach

    Financial & listing details

    • Price per square foot: $2,211/sqft
    • Tax assessed value: $7,650,000
    • Annual tax amount: $78,758
    • Date on market: 12/6/2023
    • Cumulative days on market: 107 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    5/24/2024Sold$7,500,000-3.2%$2,211/sqft
    Source: CRMLS #LG23197145 Report a problem
    5/24/2024Pending sale$7,750,000$2,285/sqft
    Source: CRMLS #LG23197145 Report a problem
    3/22/2024Contingent$7,750,000$2,285/sqft
    Source: CRMLS #LG23197145 Report a problem
    12/7/2023Listed for sale$7,750,000+582.2%$2,285/sqft
    Source: CRMLS #LG23197145 Report a problem
    7/15/2021Sold$1,136,000$335/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$78,758 +149.8%$7,650,000 +153.9%
    2024$31,527 +157.7%$3,012,938 +173.9%
    2023$12,232 -44.7%$1,099,935 +2%
    2022$22,135 +1098%$1,078,368 +1027.6%
    2021$1,848 +4.4%$95,637 +1%
    2020$1,769 $94,657 +2%
    2019$1,769 -4.3%$92,801 +2%
    2018$1,849 +6.2%$90,982 +2%
    2017$1,741 $89,199 +2%
    2016$1,741 +10.7%$87,450 +1.5%
    2015$1,572 +5.6%$86,137 +2%
    2014$1,489 $84,450 +0.5%
    2013-- $84,069 +2%
    2012-- $82,421 +2%
    2011-- $80,805 +0.8%
    2010-- $80,202 -0.2%
    2009-- $80,394 +2%
    2008-- $78,818 +2%
    2007-- $77,273 +2%
    2006-- $75,758 +2%
    2005-- $74,273 +2%
    2004-- $72,817 +1.9%
    2003-- $71,483 +2%
    2002-- $70,082 +2%
    2001$1,168 +4.5%$68,708 +2%
    2000$1,117 $67,361
    Find assessor info on the county website

    Neighborhood: 92651

    Nearby schools

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

    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
    $7,530,100
    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
    $7,530,100