2040 Ocean Way Laguna Beach, 92651

Bedrooms:
2
Bathrooms:
3
Square Feet:
2,826 sqft
Price $8,950,000 .00
Approx /month
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Sale Price:
$8,950,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Virtual Tour of 2040 Ocean Way , Laguna Beach 92651

Property Description

Discover a rare opportunity to indulge in an oceanfront lifestyle for far less than a front-row price at this spectacular ocean-view home in Laguna Beachs highly desirable Woods Cove enclave. The exquisitely crafted residence presents 180-degree ocean views from nearly every room, including views of waves crashing on the rocks below, spectacular sunsets, and the alluring Pacific from indoor and outdoor spaces, all while the soothing soundtrack of the sea plays softly in the background. The completely renovated residence reveals two bedrooms and two- and one-half baths in approximately 2,826 square feet, with additional spaces that accommodate your lifestyle making it ideal as both a main residence or a lavish vacation home. Details are carefully handcrafted by genuine artisans and include stone imported from a Turkish quarry, wide-plank wood floors repurposed from an old Wisconsin barn, hand-hewn wood beams with custom lighting, and a copper roof. A custom glass and metal elevator offers access to the garage and street level, and quartzite countertops, whole-house audio, designer lighting and wall treatments, bi-fold glass doors in that allow a perfect indoor/outdoor flow, and Buster+Punch light switches and outlets add undeniable beauty throughout. Seamless living and entertaining with people you hold closest in life is easily enjoyed in a border-free living, dining and kitchen space with magnificent ocean views, an elegant fireplace and a Dutch door to an ocean-view terrace. An oversized kitchen island provides ample space for mealtime, appetizers and more and joins custom cabinetry, a farmhouse sink, six-burner Wolf range with double oven and griddle, and cabinet-matched appliances from Sub-Zero and Bosch. Relax in a family room just off the kitchen that opens to a private backyard oasis with an endless pool, fountains and grassy area, which are rare in this superb location. This level also features a bedroom with book-matched stone and dual sinks in its bath and a chic upscale boutique-inspired walk-in closet. A cozy movie room with elegant bar offers serene views. Upstairs, the primary suite boasts a luxurious bath and flows to a rooftop deck with panoramic ocean and whitewater views. Coveted for its privacy and serenity, the Woods Cove neighborhood is close to the unique restaurants, shops and galleries of Laguna Village, offering an uncompromising California beach lifestyle.

General Information

Listing Attribution:
Livel Real Estate
Listing Agent:
Meital Taub
CalBRE#:
01871040
Price:
$8,950,000
Status:
Active
Listing Updated:
11/15/2023
List Date:
11/1/2023
Close Date
Square Feet:
2,826
Bedrooms:
2
Bathrooms:
3
Garage Spaces:
3.00
Year Built:
2020
City:
Laguna Beach
Zip:
92651
County:
Orange
MLS ID:
LG23203147
Buyer Agency Compensation:
2.250%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Beamed Ceilings, Built-in Features, Balcony, Elevator, Open Floorplan, Quartz Counters, Recessed Lighting, Wired for Data, Bar, Wired for Sound, Bedroom on Main Level, Dressing Area, Entrance Foyer, Instant Hot Water, Primary Suite, Walk-In Closet(s)
Exterior Features:
Lighting, Rain Gutters
Appliances:
6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Water Softener, Dryer, Washer
Flooring:
Stone, Wood
Laundry:
Inside, Laundry Room
Architectural Style:
Custom
Levels:
Two
Fireplace Features:
Living Room
Cooling:
Central Air
Heating:
Central
Utilities:
Pool Type Features:
Heated, In Ground, Private
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
LV - Laguna Village

Lot Information

Lot Size (sq feet):
4,250

Location Information

Directions:
From PCH turn onto Ruby St, Turn Right on Ocean Way, Home in on the Right.

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

2040 Ocean Way Laguna Beach CA 92651

Property Type:
Single Family Residence
Bedrooms:
2
Bathrooms:
3
Interior SqFt:
2826
Interior Stories:
3
Year Built:
2020

4 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.94 Miles
$4,772,910
0.91 Miles
$2,575,000
1.04 Miles
$2,400,000
0.82 Miles
$2,950,000

7 Active Properties

Address
Distance/Miles
Active Price
Details
1.03 Miles
$6,400,000
0 Miles
$8,950,000
1.86 Miles
$4,995,000
0.88 Miles
$5,495,000
1.88 Miles
$5,500,000
1.88 Miles
$4,999,900
0.46 Miles
$6,395,000