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723 Balboa Avenue, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath

723 Balboa Avenue, Laguna Beach, California 92651 home-pic-0
ACTIVE$4,995,000
723 Balboa Avenue, Laguna Beach, California 92651
4Beds
5Baths
4,030Sqft
6,400Lot
Year Built
2022
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,239
HOA
-
Days on market
-
Sold On
-
MLS number
NP25274748
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
ViewOcean

About this home

Great Deal:The estimated price is 5% above the list price. We found 4 Cons,6 Pros. Rank: price - $5.00M(78th), sqft - 4030(92th), beds - 4(58th), baths - 5(76th).

Welcome to 723 Balboa Ave, where luxury meets coastal living in perfect harmony. This newly renovated 4000+ square foot residence offers unparalleled views of the shimmering ocean from every level. 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. 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-5•1.5mi
9/10
El Morro Elementary School
Public,•K-5•3.9mi
9/10
Thurston Middle School
Public,•6-8•1.8mi
9/10
Laguna Beach High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
12/17/25
Listing
$4,995,000
Condition Rating
Excellent
This property was built in 2022 and explicitly described as 'newly renovated' with 'top-of-the-line appliances' and 'luxurious finishes.' The images confirm a pristine, modern aesthetic throughout, featuring high-end kitchens with integrated appliances, striking backsplashes, and waterfall islands, as well as contemporary bathrooms with floating vanities and sleek fixtures. All components appear new or virtually new, reflecting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Unparalleled Ocean Views: The residence boasts breathtaking, unparalleled ocean views from every level and every bedroom, significantly enhancing its appeal and value.
Newly Renovated Luxury: Recently renovated with meticulous attention to detail, the home features top-of-the-line appliances and luxurious finishes throughout, offering a move-in ready, high-end living experience.
Versatile ADU with Separate Entrance: Includes an optional Accessory Dwelling Unit (ADU) complete with its own kitchen, bedroom, laundry, and en-suite bathroom, providing excellent flexibility for guests, extended family, or potential rental income.
Prime Coastal Location: Situated in a highly sought-after Laguna Beach location, offering convenient access to fine dining, entertainment, and the quintessential Southern California coastal lifestyle.
Spacious & Modern Interiors: With over 4000 square feet of living space, the property offers ample room, complemented by modern amenities such as multiple luxurious bathrooms and dual washer/dryer sets for ultimate comfort.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4030, other record living area = 4233.
High Price Point: The list price of nearly $5 million positions this property in a very exclusive market segment, which may limit the pool of potential buyers.
Limited Explicit Outdoor Amenities: While featuring meticulously landscaped grounds, the description does not explicitly mention a pool, spa, or expansive dedicated outdoor entertaining areas, which are often expected in luxury coastal properties of this caliber.
Significant Ongoing Costs: As a luxury property in a prime Laguna Beach location, prospective buyers should anticipate substantial ongoing expenses for property taxes, insurance, and maintenance of the high-end finishes and landscaping.

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