417 Poplar Street, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$2,895,000
417 Poplar Street, Laguna Beach, California 92651
3Beds
3Baths
2,066Sqft
6,125Lot
Year Built
1937
Close
-
List price
$2.9M
Original List price
$3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25575459
Home ConditionPoor
Features
Deck
Patio
View-

About this home

Think LEGACY HOME potential & MULTIGENERATIONAL RETREAT! *** Receive rental income while going through Laguna's design and planning process. *** Zoned R1 (Single-Family Residential), this legal nonconforming detached duplex plus a permitted detached ADU offers incredible flexibility with ocean view potential. Whether you're an investor seeking additional rental income or a homeowner looking to capitalize on a rare opportunity by converting this into a stunning single-family residence, this property presents exceptional potential in a highly desirable location, The Tree Streets in North Laguna Beach. *** Just a short stroll to renowned art galleries, Heisler Park, local restaurant favorites and convenient public transportation, including Laguna's free trolley. *** This property places you in the center of coastal charm and culture. Enjoy the vibrant energy of Laguna Beach year-round with iconic events such as the Pageant of the Masters, Sawdust Art Festival, and Art-A-Fair, all celebrating the city's deep artistic roots. When the holiday season approaches, don't miss Hospitality Night in December, when the streets come alive with festive lights, music, and community cheer. *** Nestled in one of Laguna's most sought-after neighborhoods, this property blends coastal living with unbeatable convenience, making it a must-see! Don't miss this incredible opportunity to own a piece of Laguna Beach history. *** PLEASE DO NOT DISTURB TENANTS! A STRICT 24 HOUR NOTICE IS REQUIRED for showings by pre-qualified buyers only.

Price History

Date
Event
Price
08/24/25
Price Change
$2,895,000-3.3%
08/06/25
Listing
$2,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds33
50%
Baths33
50%
Square foot2,0662,015
53%
Lot Size6,1255,581
58%
Price$2.9M$3.1M
44%
Price per square foot$1,401$1,559
39%
Built year19371965
17%
HOA
Days on market91194
14%
Condition Rating
Poor

The property was built in 1937, making it 87 years old. The listing description heavily emphasizes 'LEGACY HOME potential' and the need for 'Laguna's design and planning process' to convert it into a 'stunning single-family residence.' This language, coupled with the complete absence of interior images (especially of kitchens and bathrooms), strongly suggests that the current condition is significantly outdated and requires substantial repairs and rehabilitation to meet modern standards. While it's currently generating rental income, implying habitability, it's clearly not in a 'move-in ready' or 'well-maintained' state for a discerning buyer looking for a modern home. The lack of interior photos is a major red flag, indicating the interior is not a selling point and likely needs a full overhaul.
Pros & Cons

Pros

Exceptional Location: Situated in the highly sought-after 'Tree Streets' of North Laguna Beach, offering coastal charm, walkability to renowned art galleries, Heisler Park, local restaurants, and convenient public transportation.
Significant Income & Development Potential: Features a legal nonconforming detached duplex plus a permitted detached ADU, providing immediate rental income and substantial flexibility for future conversion into a luxury single-family residence.
Multigenerational & Legacy Appeal: Positioned as a potential 'legacy home' or 'multigenerational retreat,' appealing to discerning buyers seeking long-term value and family compound opportunities.
Unique Investment Opportunity: Described as a 'rare opportunity' to acquire a property with such versatile zoning and income-generating units in a prime Laguna Beach location, offering a distinct market advantage.
Vibrant Lifestyle & Cultural Access: Proximity to Laguna Beach's vibrant cultural scene, including iconic art festivals and community events, enhances the property's lifestyle appeal year-round.

Cons

Lack of Current Ocean View: Despite its prime coastal location and 'ocean view potential' mentioned in the description, the property explicitly states 'view: None,' which is a significant detractor for a luxury Laguna Beach residence.
Significant Overpricing: The current listing price is 24% above the estimated property value, indicating a potential overvaluation that may deter buyers or necessitate further price adjustments.
Tenant-Occupied & Showing Restrictions: The presence of tenants and the requirement for strict 24-hour notice for pre-qualified buyers can create logistical challenges, limit showing flexibility, and potentially complicate the transaction process.

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