20 Lagunita Drive, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$12,700,000
20 Lagunita Drive, Laguna Beach, California 92651
4Beds
4Baths
3,500Sqft
7,440Lot
Year Built
1940
Close
-
List price
$12.7M
Original List price
$12.7M
Price/Sqft
-
HOA
$950
Days on market
-
Sold On
-
MLS number
OC25202480
Home ConditionTear down
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina, Coastline, Ocean, Panoramic, Water

About this home

Price includes approved permit ready plans from renowned architect Chris Light. One of just fifteen homes set on the sand, in the idyllic, oceanfront community – Lagunita. Rich with history and charm, the comfortable, spacious, and accommodating residence is enveloped by the sights and sounds of the captivating seaside. Three levels of generous living spaces perfectly frame enchanting views of the Pacific, while three expansive terraces afford the ideal environment for outdoor living and entertaining – alongside a spectacular natural panorama. Ideally situated, this property enjoys its own private portion of the beach – and is just steps to scenic and iconic Victoria Beach. This is the perfect opportunity to live within a private, gated oceanfront enclave or to explore redevelopment in this exceptional setting.

Nearby schools

9/10
El Morro Elementary School
Public,K-53.9mi
9/10
Thurston Middle School
Public,6-82.1mi
9/10
Laguna Beach High School
Public,9-121.9mi

Price History

Date
Event
Price
09/08/25
Listing
$12,700,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (137 Listings)
Beds43
58%
Baths43
62%
Square foot3,5002,008
83%
Lot Size7,4405,516
74%
Price$12.7M$3.13M
96%
Price per square foot$3,629$1,580.5
96%
Built year19409825983
21%
HOA$950
0%
Days on market58194
4%
Condition Rating
Tear down

Built in 1940, this property is explicitly marketed with 'approved permit ready plans from renowned architect Chris Light' for redevelopment. The listing description itself suggests exploring 'redevelopment in this exceptional setting,' indicating the primary value lies in the land and its potential for a new build, rather than the existing structure. While some interior photos show dated but functional living spaces (e.g., older hardwood floors, traditional ceiling fans, dated fireplace tile), there are no images of the existing kitchen or bathrooms, which strongly implies these critical areas are in very poor or highly outdated condition, making the current structure functionally obsolete and a candidate for demolition to realize the property's full potential.
Pros & Cons

Pros

Unrivaled Oceanfront Location: One of only fifteen homes directly on the sand in the exclusive, gated Lagunita community, offering private beach access and steps to iconic Victoria Beach.
Approved Redevelopment Potential: Includes permit-ready plans from renowned architect Chris Light, significantly streamlining and de-risking the process for a buyer looking to build a new custom oceanfront residence.
Panoramic Ocean Views: Three levels of living spaces and expansive terraces perfectly frame enchanting, panoramic views of the Pacific Ocean, Catalina Island, and the coastline.
Exclusive Gated Enclave: Situated within a private, gated oceanfront community, providing enhanced security, privacy, and a sense of exclusivity.
Exceptional Outdoor Living: Three expansive terraces offer ideal environments for outdoor living and entertaining, capitalizing on the spectacular natural panorama.

Cons

Age of Property: Built in 1940, the existing residence, while comfortable, likely requires significant modernization or is intended for redevelopment, as indicated by the included architectural plans.
High Association Fees: A monthly association fee of $950.0 adds a substantial recurring cost to ownership, which should be factored into the overall budget.
Implied Need for Investment: The strong emphasis on redevelopment plans suggests that the property's full value and potential are realized through significant additional investment beyond the purchase price, either for extensive renovation or a complete rebuild.

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