32201 Coast, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$15,000,000
32201 Coast, Laguna Beach, California 92651
2Beds
2Baths
1,600Sqft
54,450Lot
Year Built
1968
Close
-
List price
$15M
Original List price
$15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25041875
Home ConditionTear down
Features
Excellent View: Catalina, City Lights, Coastline, Park/Greenbelt, Ocean, Panoramic, Rocks
ViewCatalina,City Lights,Coastline,Park/Greenbelt,Ocean,Panoramic,Rocks

About this home

Presenting the last of its kind, a spectacular residential oceanfront property in beautiful Laguna Beach. 32201 Coast Highway is a majestic, rectangular 1.25-acre oceanfront property 110 feet wide from Coast Highway to the sandy beach. This unique property features terraced lawns, lush gardens, statuesque trees, and copper-railed pathways leading to seated overlooks, a small private ledge and the private gated beach access. Accentuating this secluded haven are panoramic ocean views everywhere that enrich the joys of coastal living. The property, which is free from HOA oversight and limitations, can be repurposed for its own gated entry from Coast Highway and a 10,000- to 12,000-square-foot family mansion. There currently is a small home on the property. This large 1.25-acre parcel, offered at $15-million, is bounded to the north by a single-family-home property and to the south by a 2.5-acre parcel (with 6 estimated buildable lots) that is also on the market for $30-million. The entire 3.75-acre property, with separate entrance and exit gates, can be purchased at $45-million to ensure total control of any future development of this one-of-a-kind oceanfront residential property. Take advantage of this unique prospect to own the 1.25-acre parcel at 32201 Coast Highway or the entire 3.75 acres, irreplaceable in its size and scale in Coastal Orange County. This is a once-in-a-lifetime opportunity for enjoying your own oceanfront parklike retreat with private gated access to the sandy beach.

Nearby schools

9/10
El Morro Elementary School
Public,K-56.0mi
9/10
Thurston Middle School
Public,6-84.0mi
9/10
Laguna Beach High School
Public,9-124.0mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (135 Listings)
Beds23
22%
Baths23
34%
Square foot1,6002,008
30%
Lot Size54,4505,516
98%
Price$15M$3.13M
96%
Price per square foot$9,375$1,556
99%
Built year19689830984
53%
HOA
Days on market252195
74%
Condition Rating
Tear down

The property was built in 1968. The listing mentions a 'small home' currently on the property, but the focus is on the land's potential for redevelopment. The images primarily showcase the land and ocean views, with no indication of the home's interior condition. Given the age and the emphasis on redevelopment, it's likely the existing structure is outdated and requires demolition or substantial renovation, thus the condition is classified as tear-down.
Pros & Cons

Pros

Oceanfront Location: Directly on the oceanfront with 110 feet of frontage, providing immediate beach access and unparalleled coastal living.
Large Lot Size: Spacious 1.25-acre lot offers ample room for development and customization, a rare find in Laguna Beach.
Development Potential: Property allows for the construction of a substantial 10,000- to 12,000-square-foot mansion, offering significant investment and personalization opportunities.
Panoramic Views: Boasts panoramic ocean views, including Catalina Island, coastline, and city lights, enhancing the property's desirability and value.
No HOA Restrictions: Absence of HOA oversight provides freedom and flexibility in property use and development.

Cons

Existing Structure Condition: The 'small home' on the property is likely outdated and may require significant renovation or demolition, adding to the initial investment.
High Price Point: The $15 million price tag represents a significant investment, potentially limiting the pool of prospective buyers.
Limited Existing Improvements: The property is primarily land, requiring substantial investment in construction and landscaping to realize its full potential.

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