31875 Circle Drive, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$5,995,000
31875 Circle Drive, Laguna Beach, California 92651
4Beds
4Baths
2,100Sqft
3,485Lot
Year Built
1930
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25138562
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Neighborhood, Ocean
Deck
Patio
ViewCity Lights,Coastline,Neighborhood,Ocean

About this home

A new standard of coastal living: an exquisitely remodeled triplex masterfully blends contemporary elements with the timeless appeal of classic Laguna Beach charm. Sited on the ocean side of Coast Highway in the southern portion of town, it offers commanding vistas of Thousand Steps Beach, white water, and Catalina Island. A picturesque enclave, Circle Drive is sought out for its residents-only direct access to the sand beneath via the private staircase. Spanning approximately 2,100 square feet, this exceptional property comprises three well-appointed residences: an elegant two-bedroom, two-bathroom upper unit, complemented by two thoughtfully designed one-bedroom, one-bathroom units on the lower level. On the top floor, the largest of the spaces is bright and airy, with exposed wood beams and vaulted ceilings. Panoramic ocean views are framed by numerous windows and best enjoyed from the oversized private deck connected to the great room via French doors. The larger of the downstairs units features vaulted ceilings, echoing those found upstairs, creating a breezy atmosphere in the living area, which opens to the highly upgraded kitchen with a peninsula. A bedroom with a walk in closet, laundry and access to the outside along with a bath with a sleek glass-wall shower complete this part of the property. The last of the units is entered through a private exterior space and echos the luxury of the others: bespoke flooring, high-end appliances, striking kitchen and baths all come together to create harmonious yet sophisticated spaces. A one-car garage and exclusive street parking enhance convenience. Seize an opportunity to experience the quintessential coastal lifestyle.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (12 Listings)
Beds44
50%
Baths44
50%
Square foot2,1001,827
77%
Lot Size3,4853,920
46%
Price$6M$2.5M
92%
Price per square foot$2,855$1,495
92%
Built year19301940
23%
HOA
Days on market114173
15%
Condition Rating
Good

The property was built in 1930 but has been exquisitely remodeled. The listing description and images show modern kitchens and bathrooms with high-end appliances and bespoke flooring. While the original structure is old, the extensive remodeling brings it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Ocean View Triplex: Rare opportunity to own a remodeled triplex with stunning ocean views and direct beach access.
Remodeled Units: All three units have been exquisitely remodeled with high-end finishes and modern amenities.
Income Potential: The property offers excellent income potential with three separate rental units.
Prime Location: Located on the ocean side of Coast Highway in South Laguna, providing easy access to beaches and amenities.
Private Beach Access: Residents-only direct access to Thousand Steps Beach via a private staircase.

Cons

Limited Parking: Only one-car garage and exclusive street parking may be insufficient for tenants and guests.
Year Built: Built in 1930, the property may have underlying structural issues or require ongoing maintenance due to its age.
Lot Size: The lot size is relatively small, which may limit outdoor space and future expansion possibilities.

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