22315 3rd Avenue, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$3,995,000
22315 3rd Avenue, Laguna Beach, California 92651
3Beds
3Baths
2,325Sqft
13,939Lot
Year Built
1954
Close
-
List price
$4M
Original List price
$5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC23204493
Home ConditionGood
Features
Excellent View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina,City Lights,Coastline,Neighborhood,Ocean,Panoramic,Water

About this home

Welcome to your coastal oasis perched atop the apex of 3rd Avenue in the heart of the South Laguna Village. This midcentury masterpiece seamlessly blends custom design and exotic woods with panoramic ocean views from nearly every room on all three levels. A rarely sold retreat in one of Southern California’s most coveted locales. This property is a testament to meticulous maintenance and pride of ownership. Often referred to as a park or “mini ranch,” the expansive lot offers endless opportunities to continue building and adding on. Lush greenery, an outdoor fireplace and three large ocean view decks invite you to indulge in captivating ocean sunsets, both Catalina and San Clemente Islands, sailboats, and occasional whale and porpoise discovery! On the clearest days, you will experience views up the coast to Long Beach and Palos Verdes. As you step through the custom-made door and enter on the middle level, you will immediately be captivated by the endless ocean vistas that welcome you. This level boasts a thoughtfully arranged bedroom, a stylish bathroom, and a kitchen that opens seamlessly to a large ocean-facing deck—ideal for alfresco dining or simply soaking in the coastal ambiance. The living room, complete with a fireplace and a charming dining nook, make this level a perfect space for both relaxation and entertaining. Ascend upstairs to discover the ultimate in luxury living—the primary suite. With privacy, breathtaking ocean views and custom wood features, this retreat is a haven of tranquility. Venture downstairs to find an inviting office space, an additional bathroom, and a bedroom that opens up to an ocean-facing seating area, creating a flexible and dynamic living environment.

Price History

Date
Event
Price
09/03/25
Price Change
$3,995,000
11/25/23
Listing
$4,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds33
50%
Baths33
50%
Square foot2,3252,015
58%
Lot Size13,9395,581
95%
Price$4M$3.15M
65%
Price per square foot$1,718$1,571
58%
Built year19541965
32%
HOA
Days on market711198
99%
Condition Rating
Good

This 1954-built property showcases a blend of modern updates and well-preserved mid-century charm. The kitchen is sleek and contemporary, featuring modern grey cabinetry, wood countertops, stainless steel appliances, and integrated lighting, appearing recently updated and in excellent condition. One bathroom also presents a modern aesthetic with updated fixtures and tiling. However, another bathroom retains a distinct mid-century style with extensive wood paneling and older-style tiles, which, while well-maintained, is not 'new' in design. The overall property is meticulously maintained, as stated in the description, and is move-in ready without immediate renovation needs, aligning with a 'Good' score. While not fully renovated throughout to a brand-new standard, the significant updates in key areas and the excellent upkeep of original features make it a high-quality, functional home.
Pros & Cons

Pros

Unrivaled Panoramic Ocean Views: The property boasts breathtaking panoramic ocean views from nearly every room on all three levels, encompassing Catalina and San Clemente Islands, coastline, and city lights, a premium feature in Laguna Beach.
Prestigious South Laguna Village Location: Situated atop the apex of 3rd Avenue in the highly coveted South Laguna Village, this location offers exclusivity and high desirability within one of Southern California's most sought-after locales.
Expansive & Developable Lot: The generous 13,939 sqft lot, referred to as a 'mini ranch,' provides significant space and 'endless opportunities to continue building and adding on,' a rare asset in this coastal community.
Distinctive Mid-Century Architecture & Custom Finishes: A 'midcentury masterpiece' featuring custom design, exotic woods, and unique elements like a custom-made door, offering a unique aesthetic and character not found in typical homes.
Exceptional Outdoor Living Spaces: Equipped with lush greenery, an outdoor fireplace, and three large ocean-view decks, the property is perfectly designed for entertaining and enjoying the coastal ambiance and sunsets.

Cons

Significant Price Reduction & Market Duration: The property has undergone a substantial $1M price reduction from its original list price of $4.995M, suggesting initial overpricing or market resistance, and has been on the market since November 2023.
Age of Construction (1954): While described as meticulously maintained, a 1954 build may imply older infrastructure (e.g., plumbing, electrical, HVAC systems) that could require future updates or capital expenditures, despite custom cosmetic features.
Multi-Level Floor Plan: The three-level layout, while maximizing views and privacy, may present accessibility challenges or be less appealing to buyers preferring single-level living or those with mobility concerns.

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