766 Pelican, Laguna Beach, California 92651, Laguna Beach, - bed, bath
ACTIVE$4,990,000
766 Pelican, Laguna Beach, California 92651
4Beds
4Baths
3,869Sqft
17,424Lot
Year Built
1986
Close
-
List price
$4.99M
Original List price
$5.8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25011328
Home ConditionFair
Features
Good View: Catalina, City Lights, Ocean, Panoramic, Water
ViewCatalina,City Lights,Ocean,Panoramic,Water
About this home
Custom home in Laguna Beach...
Nearby schools
9/10
Top Of The World Elementary School
Public,•K-5•1.3mi
9/10
El Morro Elementary School
Public,•K-5•3.8mi
9/10
Thurston Middle School
Public,•6-8•1.6mi
9/10
Laguna Beach High School
Public,•9-12•1.7mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (138 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 58% |
| Baths | 4 | 3 | 62% |
| Square foot | 3,869 | 2,015 | 90% |
| Lot Size | 17,424 | 5,581 | 97% |
| Price | $4.99M | $3.15M | 76% |
| Price per square foot | $1,290 | $1,559 | 29% |
| Built year | 1986 | 1965 | 77% |
| HOA | |||
| Days on market | 292 | 198 | 88% |
Condition Rating
Fair
The property was built in 1986. Without interior images, it's difficult to assess the kitchen and bathroom conditions. However, based on the age, it likely requires minor updates or repairs. It's been maintained but is showing its age.
Pros & Cons
Pros
Panoramic Views: The property boasts exceptional panoramic views of Catalina Island, city lights, and the ocean, significantly enhancing its desirability and market value.
Spacious Layout: With 3,869 sqft of living space and 4 bedrooms, the property offers a generous and comfortable living environment suitable for families or those who appreciate ample space.
Large Lot Size: The 17,424 sqft lot provides ample outdoor space, offering opportunities for landscaping, recreation, or potential expansion.
Desirable Location: Located in the prestigious Laguna Beach area, the property benefits from proximity to beaches, amenities, and the highly-regarded Laguna Beach Unified School District.
Custom Home: As a custom home, the property likely features unique architectural details and high-end finishes, adding to its character and appeal.
Cons
Price Reduction: The property has experienced a price reduction from its original list price of $5.8M to $4.99M, which may indicate challenges in attracting buyers at the initial price point.
Year Built: Built in 1986, the property may require updates or renovations to appeal to buyers seeking modern amenities and design.
Market Conditions: The property has been on the market since January 2025, which could suggest a slower sales cycle or increased competition in the Laguna Beach real estate market.