31423 #p1 South Coast Highway, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 2 bath

31423  home-pic-0
ACTIVE$6,200,000
31423 #p1 South Coast Highway, Laguna Beach, California 92651
3Beds
2Baths
1,902Sqft
Lot
Year Built
1962
Close
-
List price
$6.2M
Original List price
$6.5M
Price/Sqft
$3,260
HOA
$3,159.43
Days on market
-
Sold On
-
MLS number
LG25035281
Home ConditionExcellent
Features
Excellent View: Bluff, Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Deck
ViewBluff,Catalina,City Lights,Coastline,Ocean,Panoramic,Water

About this home

We found 3 Cons,5 Pros. Rank: price - $6.20M(90th), sqft - 1902(90th), beds - 3(70th), baths - 2(50th).

Located in one of Southern California's most desirable coastal locations, Penthouse One at Laguna Royale offers an unparalleled oceanfront living experience. This spacious 3-bedroom, 2-bathroom condo boasts unobstructed, 180-degree views of the Pacific Ocean, Catalina Island, and breathtaking year-round sunsets. The property’s extreme forward position provides a rare and expansive 99 feet of oceanfront frontage—three times that of most other oceanfront condos in Laguna Beach—creating a sense of exclusivity and tranquility. The home’s open-concept design invites natural light and offers seamless flow between the indoors and the expansive outdoor living spaces. The newly renovated interiors feature high-end appliances, premium fixtures, and luxurious finishes, ensuring that the home is move-in ready and ideal for modern living. The large wrap-around balcony offers panoramic views of the surf and sand, making it perfect for entertaining or simply enjoying the ever-changing colors of the ocean and sky. Residents enjoy a host of luxurious amenities, including concierge-like service with 24-hour security, a heated oceanfront pool and spa, fitness room, and direct beach access. The home also includes a private, two-car garage and a quiet, serene setting in a peaceful, exclusive community. This is a unique opportunity to own one of the largest oceanfront condos in Laguna Beach, with a total living space of 1902 sq ft, blending the beauty of nature with world-class luxury. A property like this must be seen in person to truly appreciate the stunning views, sounds of the waves, and the unparalleled setting.

Nearby schools

9/10
El Morro Elementary School
Public,K-55.1mi
9/10
Thurston Middle School
Public,6-83.1mi
9/10
Laguna Beach High School
Public,9-123.0mi

Price History

Date
Event
Price
10/19/25
Price Change
$6,200,000-4.5%
02/17/25
Listing
$6,495,000
Condition Rating
Excellent

Despite the 1962 build year, the MLS description explicitly states 'newly renovated interiors feature high-end appliances, premium fixtures, and luxurious finishes, ensuring that the home is move-in ready and ideal for modern living.' The images corroborate this, showcasing a contemporary kitchen with stainless steel Viking appliances, granite countertops, and modern white shaker-style cabinetry. Bathrooms also feature updated vanities, granite counters, and modern fixtures. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Exceptional Oceanfrontage & Panoramic Views: The property boasts an unparalleled oceanfront location with unobstructed, 180-degree panoramic views of the Pacific Ocean, Catalina Island, and year-round sunsets. Its extreme forward position provides a rare 99 feet of oceanfront frontage, significantly more than most other condos in the area.
Luxury Amenities & Services: Residents benefit from a host of high-end amenities including concierge-like 24-hour security, a heated oceanfront pool and spa, a fitness room, and direct beach access, enhancing the luxury living experience.
Newly Renovated & Move-in Ready: The interiors have been newly renovated with high-end appliances, premium fixtures, and luxurious finishes, making the home move-in ready and ideal for modern living without immediate need for updates.
Spacious Penthouse with Private Garage: As Penthouse One, this is one of the largest oceanfront condos in Laguna Beach, offering a spacious 1902 sq ft layout with 3 bedrooms and 2 bathrooms, complemented by a private two-car garage.
Open-Concept Design & Expansive Outdoor Living: The open-concept design maximizes natural light and creates a seamless flow to expansive outdoor living spaces, including a large wrap-around balcony perfect for entertaining and enjoying the coastal environment.

Cons

Substantial Monthly Association Fee: The property carries a high monthly association fee of $3159.43, which adds a significant ongoing cost to ownership.
Building Age: Built in 1962, the building is over 60 years old. While the unit is renovated, the age of the overall structure could lead to potential future building-wide assessments or maintenance concerns for common elements.
Condominium Restrictions: As a condominium, ownership is subject to HOA rules and regulations, which may limit personal modifications and autonomy compared to a single-family home, and could involve shared wall noise.

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