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31312 Pedro ST Laguna Beach, CA 92651
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Key Details
Sold Price $2,700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,424 sqft
Price per Sqft $1,896
Subdivision Coast Royal (Cr)
MLS Listing ID OC22082192
Bedrooms 2
Full Baths 2
Year Built 1940
Lot Size 6,181 Sqft
Property Description
Back on the market. Buyer failed to perform. Amazing 180-degree white water, ocean, and Catalina views from this beach cottage on a large street to street lot in Laguna Beach's coveted Coast Royal neighborhood. Short walk to some of the best beaches in Laguna Beach, to include West Beach, Table Rock, Thousand Steps Beach and direct beach access via a pedestrian tunnel to Aliso Beach. The house features a freshly painted interior with hardwood floors, wood beamed ceilings, front tiled patio, rear wood deck, and a hand laid rock backyard. In addition to easy beach access, the Coast Royal neighborhood is within walking distance to the South Laguna Village for restaurants and shops, hiking trails, and The Ranch for golf, dining, and live music. Assumable VA Loan at 2.25%.
Looking for a larger, newer house? The sale includes city approved plans for a major remodel to increase the total house size to 3,576 sqft over three levels with a total of 3 en-suite bedrooms, all with ocean views, large living room, dining room, and family room all with ocean views, large designer kitchen, a bonus third level 680 sqft family room, or 4th ensuite bedroom with plans to convert to an ADU, over 800 sqft of ocean view decks and patios, an oversized 538 sqft subterranean two car garage, and a large ocean view backyard with room for a pool. The plans for the major remodel were approved by the City of Laguna Beach Design Review Board (DRB) in October 2021 and now valid until 2025. Seller has completed the structural and civil engineering plans, the mechanical, electrical, plumbing, and fire sprinkler plans, and completed the soil testing. The construction plans are all ready to submit to the City for approval and permitting.
Location
State CA
County Orange
Area Sl - South Laguna
Interior
Heating Central, Forced Air, Natural Gas
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type Living Room, Wood Burning
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Exterior
Exterior Feature Barbecue, Lighting
Parking Features Asphalt, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Wood
Pool None
Community Features Biking, Dog Park, Golf, Hiking, Preserve/Public Land, Storm Drain(s), Suburban, Water Sports
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Waterfront Description Beach Access,Ocean Access
View Y/N Yes
View Ocean
Roof Type Shingle
Building
Lot Description Back Yard, Drip Irrigation/Bubblers, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinkler System, Sloped Up, Trees, Value In Land, Walkstreet, Yard
Story 2
Foundation Concrete Perimeter, Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Laguna Beach Unified
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
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Bought with Bob Wolff • Harcourts Prime Properties