1047 Summit Way, Laguna Beach, CA 92651
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1047 Summit Way Laguna Beach, CA 92651

$3,685,000 Sold Price as of 09/18/2019
  • 4 Beds
  • 4.5 Baths
  • 3,766 Sq.Ft.
Sold
$3,685,000 Sold Price as of 09/18/2019 Refinance Your Mortgage

Map preview of 1047 Summit Way, Laguna Beach, CA 92651

Property Overview: 1047 Summit Way Laguna Beach, CA has 4 bedrooms, 4.5 bathrooms, 3,766 living square feet and 8,067 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Modern Mediterranean luxury on a street-to-street lot in the quiet hillside of Summit Ridge. Centrally located in Laguna Beach, this home captures ocean, coastline, and city light views from grand living spaces and multiple decks. Designed with cathedral open-beamed ceilings, a true indoor-outdoor floor plan, and beautiful interior finishes including natural stone, wood, glass, and tile. A spacious living room with a fireplace and deck is just the beginning of the interior space wrapped around a private lush courtyard. This central courtyard is open to the entire main level and includes an outdoor kitchen, a fireplace, and an abundance of space for entertaining large parties, dining with family and friends, or relaxing in the sun. Back inside, the chef's kitchen is complete with Sub-Zero and Wolf stainless steel appliances, marble countertops, a spacious island with seating, and formal dining. The Master suite is also on the main level with a beautiful balcony, ocean views, a lounge area, a walk-in closet, and a gorgeous bathroom featuring a Jacuzzi tub. Downstairs includes 3 generously sized bedrooms each with doors to a balcony, a washer/dryer room, and multiple storage spaces. Other features include an office, A/C, a security system w/alarms and cameras, a three-car garage with epoxy floors, and a finished storage room with built-in cabinets. Enjoy luxury resort living at home.

Listed by Marcus Skenderian | BRE #01115339 | Compass
Co-listed by Brendalyn Michael | BRE #01995548 | Compass
Last checked: 1 minute ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
8,067
HOA Dues
$0/mo
Year built
2003
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG19161158
City
Laguna Beach
County
Orange
Time on Site
1387 days

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Property Details for 1047 Summit Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Zoned
Heating Information
  • Has Heating
  • Central, Zoned
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Outside
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Flooring: Tile, Wood
  • Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Convection Oven, Double Oven
  • Kitchen Island
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Beamed Ceilings, Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan, Storage
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Tile
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Coastline, Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 64424425
  • Year Built Source: Seller
  • Foundation Details: Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Laguna Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Summit Ridge (SR)
  • Directions: PCH, inland on Bluebird Canyon Dr to right on Summit Dr to left on Summit Way.
Neighborhood Information
  • Community Features: Storm Drains
View more facts & features

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Sale History for 1047 Summit Way

Last sold for $3,685,000 on September 18th, 2019
  • September, 2019

  • Sep 18, 2019

    Date

    Sold

    CRMLS: LG19161158

    $3,685,000

    Price

  • Sep 14, 2019

    Date

    Pending

    CRMLS: LG19161158

    $3,795,000

    Price

  • Aug 7, 2019

    Date

    Active Under Contract

    CRMLS: LG19161158

    $3,795,000

    Price

  • Jul 15, 2019

    Date

    Active

    CRMLS: LG19161158

    $3,795,000

    Price

  • September, 2019

  • Sep 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,685,000

    Price

  • March, 2018

  • Mar 5, 2018

    Date

    Canceled

    CRMLS: LG18033378

    $4,395,000

    Price

  • Feb 12, 2018

    Date

    Active

    CRMLS: LG18033378

    $4,395,000

    Price

  • Listing provided courtesy of CRMLS

    Perched on a rare double-sized homesite in the hills of Laguna Beach, this one-of-a-kind custom estate captivates with panoramic vistas, unparalleled craftsmanship and subdued luxury. Experience breathtaking ocean, whitewater, city light, sunset and shoreline views from inviting decks and most living spaces in the residence. A private courtyard provides a tropical paradise complete with covered patios, lush landscaping, flagstone and an impressive outdoor living room with TV, arbor, wood-burning fireplace and built-in BBQ island with sink. Approx. 4,000 s.f., the open and airy home lives like a one-level design, with living areas and the master suite on the main level. Four ensuite bedrooms feature private view decks, and 4.5 bath display exquisite finishes and fixtures. Crowned by skylights, a dramatic vaulted wood ceiling with exposed beams soars over a great room with view balcony and stone fireplace. The great room flows into the dining area and a brand-new kitchen with custom white cabinetry, marble countertops, a contemporary tile backsplash and top-of-the line appliances from Miele and Sub-Zero. Beautiful ceilings continue in a luxurious master suite that hosts a sitting area, priceless ocean views, and an updated bath with soaking tub and a large multi-head steam shower. Enjoy the added style and convenience of a gallery hallway with art lighting, extensive built-ins, wood and tile flooring, 4-car garage, and state-of-the-art water filtration throughout.

  • January, 2014

  • Jan 31, 2014

    Date

    Sold (Public Records)

    Public Records

    $3,100,000

    Price

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Tax History for 1047 Summit Way

Assessed Value (2020): $3,685,000
Year Land Value Improved Value Assessed Value
2020 $3,010,985 $674,015 $3,685,000

Home Value Compared to the Market

This property vs the competition

1047 Summit Way sold on September 18, 2019 for 13.96% higher than the current median sold price for the city of Laguna Beach which is $3,330,000. The median sold price per/sqft for Laguna Beach is $1,531 and this home is sold at $1007.7 per/sqft which puts the price per square foot 34.18% lower than the current median sale per square foot for the city of Laguna Beach.

About 1047 Summit Way

Detailed summary of property

1047 Summit Way is a single family home that recently sold in Laguna Beach, CA 92651. This house offered 4 bedrooms, 4.5 bathrooms, roughly 3,766 living square feet, and sits on an approximately 8,067 square foot lot. 1047 Summit Way was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $3,685,000. Home in Laguna Beach are selling for a median price of $3,330,000 and a median price per square foot of $1,531. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 13.96% higher than the current median priced home. Local homes that are currently for sale include 2526 Encina Way, 962 Glenneyre St and 2060 Temple Hills Dr. While the average home in Laguna Beach, CA is selling in 92 days, 1047 Summit Way has a days on market of 20 days. There are currently 160 homes for sale in the Laguna Beach real estate market and 142 of them are single family homes while 18 of them are condos and 0 are townhomes. For more information on this home for sale at 1047 Summit Way Laguna Beach, CA 92651 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Beach agents.

Public Facts for 1047 Summit Way

Public county record property details
Beds
4
Baths
3
Year built
2003
Sq. Ft.
3,766
Lot Size
8,067
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
644-244-25

The source for these homes facts are from public records.

92651 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,250,000
Median List Price/Sq.Ft.
$1,759
Median Sold Price
$3,330,000
Median Sold Price/Sq.Ft.
$1,531
Total Inventory
162
Median Sale to List Price %
95.28%
Avg Days on Market
52
Loan Type
Conventional (24.14%), FHA (0%), VA (0%), Cash (48.28%), Other (27.59%)

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Related Resources to 1047 Summit Way

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.