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28832 Top Of The World, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath

28832 Top Of The World, Laguna Beach, California 92651 home-pic-0
ACTIVE$2,795,000
28832 Top Of The World, Laguna Beach, California 92651
4Beds
4Baths
3,675Sqft
5,000Lot
Year Built
1976
Close
-
List price
$2.79M
Original List price
$2.79M
Price/Sqft
$761
HOA
-
Days on market
-
Sold On
-
MLS number
SB25257603
Home ConditionPoor
Features
Excellent View: City Lights, Canyon, Ocean, Panoramic
Deck
ViewCity Lights,Canyon,Ocean,Panoramic

About this home

Great Deal:The estimated price is 13% above the list price. We found 5 Cons,6 Pros. Rank: price - $2.79M(41th), sqft - 3675(84th), beds - 4(58th), baths - 4(64th).

Bring your experienced Contractor/Architect to this fantastic Top of the World opportunity and make it your dream home! Perched on a hillside with forever ocean, rolling hills and city light views, this home just needs someone to step in and finish this project. This home features 3 distinct levels of living space and all have the same aforementioned views. Highlights of work completed to the property are contained in the attached Supplements to include foundation & soils work, what will come with the property when delivered as far as flooring/fixtures, scope of work completed, etc. The first is the street level top floor, consisting of an expansive open living & kitchen space with sweeping 180 degree views off of the full length deck. The middle level features an outrageous primary suite taking up almost the entire floor with a fireplace, full length deck & an en-suite spa-inspired bathroom complete with soaking tub. 2 additional rooms complete the 2nd level, also sharing an enormous bathroom with it's own soaking tub, walk-in shower, dual vanity sinks and a Sauna!. The lower level is a smaller suite on it's own that can serve either a studio (rental possibilities) with it's own entrance, or a game room/movie room/man-cave or guest quarters, also with sweeping views. Current owner is moving out of state and so is unable to complete this project. Showings start this Sunday, Nov. 30th, so call to book your private walkthrough today. Please, no blind offers or offers from Wholesalers.

Nearby schools

9/10
Top Of The World Elementary School
Public,•K-5•0.1mi
9/10
El Morro Elementary School
Public,•K-5•3.6mi
9/10
Thurston Middle School
Public,•6-8•0.8mi
9/10
Laguna Beach High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
11/28/25
Listing
$2,795,000
06/06/25
Sold
$2,365,000
Condition Rating
Poor
The property, built in 1976, is an unfinished renovation project. The listing explicitly states it 'just needs someone to step in and finish this project.' Images confirm this, showing gutted interiors, uninstalled flooring, and partially completed bathrooms lacking essential fixtures, appliances, and finishes. While some modern tiling is present in bathrooms, the overall condition is unlivable and requires substantial construction and financial investment to complete.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Panoramic Ocean & City Views: Perched on a hillside, the property offers sweeping 180-degree views of the ocean, rolling hills, and city lights from all three distinct levels, significantly enhancing its appeal.
Significant Renovation Opportunity: This is a unique opportunity for a buyer to customize and complete a high-value dream home to their exact specifications, with foundational and soils work already completed.
Versatile Multi-Level Layout: The home features three distinct levels of living space, including an expansive primary suite floor and a lower-level suite with potential for a studio, game room, or guest quarters with its own entrance.
Planned Luxury Amenities: The design incorporates high-end features such as a spa-inspired primary bathroom with a soaking tub, walk-in shower, dual vanities, and a sauna, indicating a vision for luxury living.
Prime Laguna Beach Location: Located in the desirable 'Top Of The World' subdivision, known for its elevated positions and views, and within close proximity to highly-rated schools.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3675, other record living area = 2965. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Recently Sold Property: The property was recently sold within the past year on 2025-06-06. The sold price is $2,365,000.00.
Incomplete Renovation Status: The property is an unfinished project, requiring substantial financial investment, time, and effort from the buyer to complete the remaining construction and finishes.
Specialized Buyer Requirement: The project explicitly calls for an 'experienced Contractor/Architect,' indicating a complex undertaking that may deter buyers without specific expertise or significant resources for project management.
Uncertainty of Final Costs & Timeline: Despite some work being completed, the nature of an unfinished renovation inherently carries risks of unforeseen expenses, potential delays, and challenges in bringing the project to its final vision.

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