1041 Marine Drive, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$18,800,000
1041 Marine Drive, Laguna Beach, California 92651
0Bed
1Bath
432Sqft
8,500Lot
Year Built
1923
Close
-
List price
$18.8M
Original List price
$18.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25099973
Home ConditionPoor
Features
Excellent View: Coastline, Ocean, Water
Patio
ViewCoastline, Ocean, Water

About this home

Experience breathtaking oceanfront living at 1041 Marine Drive in North Laguna. Set on a rare, oversized lot with a gentle slope and desirable southeast orientation, this property offers panoramic views of the coastline reminiscent of the French Riviera. By day, enjoy endless ocean vistas; by night, the coastline sparkles with lights. A private staircase leads directly to Shaws Cove, one of Laguna Beach's most beautiful and swimmable beaches. Included is a charming 432 sq ft century-old seaside cottage ideal to enjoy while planning your own oceanfront retreat. Surrounded by lush, garden-like landscaping and wide lawns, the setting is peaceful and private, with only the sound of the waves as your backdrop. The only property of its kind, this is a rare opportunity to build on one of Laguna's most coveted streets.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds03
Baths13
5%
Square foot4322,000
1%
Lot Size8,5005,581
84%
Price$18.8M$3.15M
98%
Price per square foot$44K$1,571
99%
Built year19231965
4%
HOA
Days on market170194
42%
Condition Rating
Poor

The property was built in 1923. The images show a small cottage with what appears to be an outdated bathroom and kitchen. Given the age and apparent lack of significant renovation, the condition is rated as poor, requiring substantial repairs and rehabilitation. The value is primarily in the land.
Pros & Cons

Pros

Oceanfront Location: Direct oceanfront property in North Laguna with private access to Shaws Cove, a highly desirable and swimmable beach.
Panoramic Ocean Views: Breathtaking, unobstructed panoramic views of the coastline and ocean, reminiscent of the French Riviera.
Oversized Lot: Rare, oversized lot with a gentle slope and desirable southeast orientation, providing ample space and optimal sunlight.
Development Opportunity: Opportunity to build a custom oceanfront retreat on one of Laguna's most coveted streets, with a charming cottage to enjoy during the planning phase.
Prime Location: Located in the prestigious North Laguna area, known for its beautiful beaches and upscale residences.

Cons

Small Existing Structure: The existing cottage is only 432 sq ft, likely requiring significant renovation or new construction to meet modern living standards.
Year Built: Built in 1923, the existing structure may require extensive updates to meet current building codes and safety standards.
Single Bathroom: The property currently only has one bathroom, which may be insufficient for a larger home built on the lot.

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