723 Balboa Avenue, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$5,250,000
723 Balboa Avenue, Laguna Beach, California 92651
4Beds
4Baths
4,030Sqft
6,400Lot
Year Built
1981
Close
-
List price
$5.25M
Original List price
$5.25M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP24249138
Home ConditionExcellent
Features
Excellent View: City Lights, Ocean
Patio
ViewCity Lights,Ocean

About this home

Welcome to 723 Balboa Ave, an exquisite masterpiece where luxury meets coastal living in perfect harmony. This newly renovated 4000+ square foot residence is a testament to sophistication and elegance, offering unparalleled views of the shimmering ocean from every level. Step into a world of refined opulence, where no detail has been overlooked. From the meticulously landscaped grounds to the top-of-the-line appliances adorning the kitchen, every aspect of this home exudes luxury and grandeur. In the main house, discover a sanctuary in each bedroom, where every room is accompanied by its own luxurious bathroom and panoramic ocean view, offering unparalleled comfort and tranquility. Indulge in the ultimate in convenience and privacy with the optional Accessory Dwelling Unit (ADU), boasting its own kitchen, bedroom. laundry room with a washer/dryer set, and en-suite bathroom. With separate entrances, the ADU provides versatility, whether for guests, extended family, or as a rental opportunity. Elevate your lifestyle with modern amenities such as dual washer/dryer sets and gourmet appliances, ensuring every moment spent in this home is one of comfort and indulgence. Situated in a prime location near fine dining and entertainment, 723 Balboa Ave offers more than just a home – it offers a lifestyle. Don't miss your chance to experience the pinnacle of coastal living. Schedule your exclusive tour today and discover the unparalleled luxury awaiting you at 723 Balboa Ave.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.5mi
9/10
El Morro Elementary School
Public,K-53.9mi
9/10
Thurston Middle School
Public,6-81.8mi
9/10
Laguna Beach High School
Public,9-121.8mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds43
58%
Baths43
62%
Square foot4,0302,015
94%
Lot Size6,4005,581
62%
Price$5.25M$3.15M
83%
Price per square foot$1,303$1,559
31%
Built year19811965
71%
HOA
Days on market327198
91%
Condition Rating
Excellent

The property, built in 1981, has been newly renovated. The listing description and images show a modern, high-end renovation with top-of-the-line appliances, luxurious bathrooms, and updated fixtures throughout. The kitchen features modern cabinetry, countertops, and stainless steel appliances. The bathrooms are also renovated with high-end finishes. The presence of an ADU with its own kitchen and bathroom further supports the 'excellent' condition score.
Pros & Cons

Pros

Panoramic Ocean Views: The property boasts unparalleled panoramic ocean views from every level, significantly enhancing its desirability and market value.
Newly Renovated: The residence has been newly renovated, implying modern amenities, updated systems, and a move-in ready condition, appealing to discerning buyers.
Accessory Dwelling Unit (ADU): The inclusion of an optional ADU with its own kitchen, bedroom, laundry, and bathroom provides versatility for guests, extended family, or rental income.
Luxurious Bathrooms: Each bedroom in the main house is accompanied by its own luxurious bathroom, offering privacy and comfort for residents and guests.
Prime Location: Situated in a prime location near fine dining and entertainment, offering a desirable lifestyle and convenient access to amenities.

Cons

Year Built (1981): Despite renovations, the original build year might necessitate future upgrades or maintenance compared to newer constructions.
Lot Size: The lot size of 6,400 sqft is relatively small, which might limit outdoor space and potential for expansion compared to other properties in the area.
List Price: The list price of $5,250,000 is high, which may limit the pool of potential buyers.

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