1187 Marine Dr, Laguna Beach, CA 92651
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1187 Marine Dr Laguna Beach, CA 92651

$27,500,000 Sold Price as of 08/14/2023
  • 4 Beds
  • 4.5 Baths
  • 7,041 Sq.Ft.
Sold
$27,500,000 Sold Price as of 08/14/2023 Refinance Your Mortgage

Map preview of 1187 Marine Dr, Laguna Beach, CA 92651

Property Overview: 1187 Marine Dr Laguna Beach, CA has 4 bedrooms, 4.5 bathrooms, 7,041 living square feet and 8,160 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is the home one dreams of but never expects to find in the real world. This perfect oceanfront setting is complemented by a residence of exquisite style. Never to be replicated under current building restrictions, the villa is carefully positioned into the site just above the water’s edge. It takes advantage of the grandfathered position of its predecessor and as such, rests comfortably on the site as if it was always meant to be. The result is a unique relationship between the interiors and the vistas of the rugged coastline, azure waters, and sunsets that is simply unequalled on this coast. Nearly 7,000 square feet of living area was painstakingly designed by the esteemed firm of Tichenor & Thorp in a coastal Italian style. It takes full advantage of the scintillating and experiential sensory opportunities of the setting including the ocean breezes, sounds of the crashing waves, and the golden light that bathes the house throughout the day. The interiors are refined and comfortable, with each room carefully layered by a studied eye with antique materials and exceptional craftsmanship. The result is both harmonious and elegant. The house features a flowing, open, and eminently livable floor plan where one gracious room leads, uninterrupted, to the next. French doors open from every major room to seaside terraces and mature European gardens all cascading toward the shore. Antique inlaid garden walls dating back over 100 years create outdoor rooms, overlooks, and guide a private path to the sand below. The primary suite is situated on the top floor and enjoys a majestic positioning. It includes a private view terrace, a Moroccan themed bath, and ample closet + dressing area. Another ocean view suite shares this floor. The main level includes the living room, which adjoins the paneled family room. The family room leads in one direction to the bar, guest bath, and main guest suite. In the other direction, it leads to the formal dining room, immense kitchen, and a sea view morning room. A large view terrace on this level is complemented by a fireplace and offers a wonderful setting for entertaining and dining. The lowest level functions as a complete ‘guest house’. Carefully positioned terraces and overlooks are sculpted into the bluff and adorned with colorful and flourishing gardens. The opportunities for living and entertaining here are beyond compare, yet it retains a luxurious ambiance and extraordinary privacy. In a word, this home is “perfection”.

Listed by Robert Giem | BRE #01082750 | Compass
Last checked: 12 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
8,160
HOA Dues
$0/mo
Year built
2002
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23106338
City
Laguna Beach
County
Orange
Time on Site
312 days

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Property Details for 1187 Marine Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Dining Room, Family Room, Living Room, Master Bedroom, Outside
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room
  • Flooring: Wood
  • Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Separate Family Room, Wine Cellar
Kitchen Information
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Beamed Ceilings, Wet Bar
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage - Three Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05316107
  • Year Built Source: Seller
  • Entry Level: 1
  • 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: The Coves (CVS)
  • Directions: E Coast Hwy - R onto Chiquita St - Straight onto Marine Drive
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Gutters
View more facts & features

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Sale History for 1187 Marine Dr

Last sold for $27,500,000 on August 14th, 2023
  • September, 2023

  • Sep 1, 2023

    Date

    Expired

    CRMLS: NP23103540

    $100,000

    Price

  • Jun 12, 2023

    Date

    Active

    CRMLS: NP23103540

    $100,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2023

  • Aug 14, 2023

    Date

    Sold

    CRMLS: NP23106338

    $27,500,000

    Price

  • Jun 15, 2023

    Date

    Active

    CRMLS: NP23106338

    $35,000,000

    Price

  • June, 2023

  • Jun 15, 2023

    Date

    Expired

    CRMLS: NP22183887

    $35,000,000

    Price

  • Aug 31, 2022

    Date

    Active

    CRMLS: NP22183887

    $35,000,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 1998

  • Sep 2, 1998

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

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Tax History for 1187 Marine Dr

Assessed Value (2020): $5,200,239
Year Land Value Improved Value Assessed Value
2020 $3,221,074 $1,979,165 $5,200,239

Home Value Compared to the Market

This property vs the competition

1187 Marine Dr sold on August 14, 2023 for 1172.73% higher than the current median sold price for the city of Laguna Beach which is $2,750,000. The median sold price per/sqft for Laguna Beach is $1,833 and this home is sold at $4970.88 per/sqft which puts the price per square foot 171.19% higher than the current median sale per square foot for the city of Laguna Beach.

About 1187 Marine Dr

Detailed summary of property

1187 Marine Dr is a single family home that recently sold in Laguna Beach, CA 92651. This house offered 4 bedrooms, 4.5 bathrooms, roughly 7,041 living square feet, and sits on an approximately 8,160 square foot lot. 1187 Marine Dr was first listed on ArdentRealEstateGroup.com on June 15, 2023. The homeowner sold the property for $27,500,000. Home in Laguna Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,833. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 1172.73% higher than the current median priced home. Local homes that are currently for sale include 74 Golden Eagle, 32 N La Senda Dr and 2258 Channel RD. While the average home in Laguna Beach, CA is selling in 103 days, 1187 Marine Dr has a days on market of 26 days. There are currently 159 homes for sale in the Laguna Beach real estate market and 139 of them are single family homes while 20 of them are condos and 0 are townhomes. For more information on this home for sale at 1187 Marine Dr 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 1187 Marine Dr

Public county record property details
Beds
3
Baths
4
Year built
1999
Sq. Ft.
5,359
Lot Size
8,160
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
053-161-07

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.
$1,707
Median Sold Price
$2,750,000
Median Sold Price/Sq.Ft.
$1,833
Total Inventory
160
Median Sale to List Price %
85.94%
Avg Days on Market
70
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (40.91%), Other (31.82%)

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Related Resources to 1187 Marine Dr

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.