1565 N Coast 5, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$1,764,000
1565 N Coast 5, Laguna Beach, California 92651
2Beds
2Baths
1,847Sqft
Lot
Year Built
2001
Close
-
List price
$1.76M
Original List price
$2M
Price/Sqft
-
HOA
$600
Days on market
-
Sold On
-
MLS number
OC24196530
Home ConditionExcellent
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

You know what they say about location and this townhome has it! Within about a 10 minute walk you will be at the picturesque Crescent Bay Beach & Park. Trip Advisor visitor said, “This is a gorgeous, iconic, small park in Laguna Beach. It’s a great place for dogs to run around. And it’s one of the best places in Orange County to spot whales (during gray whale migration season) and dolphins without going out to sea.” Both Crescent beach and Park are in the top 10 locations in Laguna Beach to visit and now you can live here year around and not have to worry about parking. Unbeatable location on the ocean side of PCH in north Laguna Beach in the prestigious gated community, Crescent Bay Villas, this sophisticated recently renovated, move-in ready two-story luxury townhome is near a park, beach, dining, grocery shopping and about 20 minutes from downtown on the free trolley. The ground floor offers a spacious primary bedroom which opens to a private patio, wood burning fireplace, walk-in closet, washer/dryer, 2 bathrooms complete with ample storage, stone countertops, shower, and a soaking tub complete with ample storage. Upstairs is the family room with the second wood burning fireplace, dining room and a chef's kitchen. Gorgeous cabinetry and lots of storage throughout. The Villa residents enjoy 2 assigned parking spaces and a walk-in storage locker in the gated parking garage, as well as a gym. Both Crescent beach and park are in the top 10 locations to visit in Laguna Beach and now you can live here year around and not have to worry about parking. Just minutes to enjoy all the world-class dining, shopping, and beaches of Laguna Beach and Crystal Beach and Corona Del Mar.

Price History

Date
Event
Price
10/16/25
Price Change
$1,764,000-5.4%
09/03/25
Price Change
$1,864,000-1.8%
08/12/25
Price Change
$1,899,000
09/20/24
Listing
$1,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (16 Listings)
Beds22
50%
Baths22
50%
Square foot1,8471,180
88%
Lot Size042,468
Price$1.76M$1.32M
59%
Price per square foot$955$1,262
24%
Built year20011964
94%
HOA$600$696
41%
Days on market411233
88%
Condition Rating
Excellent

Built in 2001, this townhome has been 'recently renovated' as stated in the description, and the images strongly support this claim. The kitchen features modern wood cabinetry, high-end stainless steel appliances, and stone countertops, all in pristine condition. Bathrooms are equally impressive with contemporary stone countertops, dual vanities, sleek glass-enclosed showers, and a soaking tub. Throughout the property, light-colored hardwood floors are consistent and appear new, complemented by modern lighting fixtures and neutral paint. There is no visible deferred maintenance or physical depreciation, indicating a comprehensive and recent update that meets current quality standards.
Pros & Cons

Pros

Prime Coastal Location: Unbeatable location on the ocean side of PCH in North Laguna Beach, within a 10-minute walk to the picturesque Crescent Bay Beach & Park, and minutes from world-class dining, shopping, and other beaches.
Gated Community & Amenities: Located in the prestigious gated community of Crescent Bay Villas, offering security, two assigned parking spaces, a walk-in storage locker in the gated garage, and a gym for residents.
Recently Renovated & Move-in Ready: A sophisticated, recently renovated two-story luxury townhome featuring a chef's kitchen with gorgeous cabinetry, making it move-in ready for immediate enjoyment.
Direct Beach & Park Access: Exceptional proximity to Crescent Bay Beach & Park, a top-rated location for recreation, dog walking, and wildlife spotting, with the added benefit of not having to worry about parking.
Desirable Interior Features: Includes a spacious primary bedroom with a private patio, walk-in closet, and soaking tub, along with two wood-burning fireplaces, enhancing comfort and luxury.

Cons

High Association Fees: A monthly association fee of $600 adds a significant recurring cost to ownership, which may be a consideration for potential buyers.
Limited View: While the property has a 'Trees/Woods' view, it does not offer the panoramic ocean views often highly sought after and expected in this prime coastal Laguna Beach location, potentially limiting its appeal to some high-end buyers.
Price Reduction History: Multiple price reductions from the initial list price of $1.995M to $1.764M suggest the property may have been initially overpriced or is experiencing slower market absorption, which could raise buyer questions about its current market value.

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