1397 Terrace Way, Laguna Beach, CA 92651
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1397 Terrace Way Laguna Beach, CA 92651

$3,150,000
  • 3 Beds
  • 1 Baths
  • 1,833 Sq.Ft.
For Sale
$3,150,000 Get Pre-Qualified

Map preview of 1397 Terrace Way, Laguna Beach, CA 92651

Property Overview: 1397 Terrace Way Laguna Beach, CA has 3 bedrooms, 1 bathrooms, 1,833 living square feet and 13,504 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Fabulous Ocean, Hillside and Canyon Views From This Beautifully Appointed 3 bedroom, 3 bath Mid-Century-Modern Laguna Beach Trophy Home. Spacious Street-To-Street Lot. Two Primary Bedrooms. One On The Main Level and Another On The Lower Level Along With A Secondary Bedroom. All Of the Main Living Areas Open to Outside Ocean View Balconies/Decks. Interior and Exterior Have Been Freshly Painted. Newly Refinished Wood Flooring on Stairs and Lower Level. Sit-Down Ocean Views from The Flat Lower Yard Area. Beautiful Lush Landscaping With Citrus Trees Afford You A Sense Of Privacy. This Amazing Property On Its Street-To-Street Lot Is In Close Proximity To World Renowned Beaches, Art Galleries, Fine Dining, Shopping and 5 Star Resorts.

Listed by Simone Moore | BRE #01165128 | First Team Real Estate
Last checked: 10 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 5
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Home details

Lot Sq. Ft
13,504
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
LG24091237
City
Laguna Beach
County
Orange
Time on Site
12 days

Open Houses for 1397 Terrace Way

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Property Details for 1397 Terrace Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Flooring: Stone, Tile, Wood
  • Great Room, Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Two Primaries, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Cooktop, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Self-closing drawers, Stone Counters
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (3/4): 2
Interior Features
  • Balcony, Beamed Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Track Lighting
  • Levels: Two
  • Window Features: Roller Shields, Tinted Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Balcony, Rain Gutters
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch, Wood, Wrap Around
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Front
  • Has Attached Garage
Lot Information
  • Lot Features: Sloped Down
  • Lot Size Source: See Remarks
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon, City Lights, Hills, Ocean, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 64414209
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
  • Property is not Attached
  • Offered With Property: Refrigerator, Washer, Dryer, Outdoor Lower Yard Table w/ 8 Chairs and Wooden Bench/Sofa
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • Elementary School: Top Of The World
  • Elementary School: TOTW
  • Middle/Junior High School: Thurston
  • Middle/Junior High School: THURST
  • High School: Laguna Beach
  • High School: LAGBEA
  • High School District: Laguna Beach Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Temple Hills (TH)
  • Directions: Thalia to Temple Hills to Cerritos to Terrace Way - House on right side of One-Way street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Hiking, Gutters, Street Lights
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Local Laguna Beach Agent

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Sale History for 1397 Terrace Way

Last sold for $1,570,000 on December 21st, 2015
  • May, 2024

  • May 6, 2024

    Date

    Active

    CRMLS: LG24091237

    $3,150,000

    Price

  • December, 2015

  • Dec 21, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,570,000

    Price

  • March, 2006

  • Mar 20, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,263,000

    Price

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Tax History for 1397 Terrace Way

Assessed Value (2020): $1,699,417
Year Land Value Improved Value Assessed Value
2020 $1,551,408 $148,009 $1,699,417

Home Value Compared to the Market

This property vs the competition

1397 Terrace Way is listed 25.88% lower than the median list price for the city of Laguna Beach which has a median list price of $4,250,000. The median price per/sqft for Laguna Beach is $1,805 and this home is listed at $1718.49 per/sqft which puts the price per square foot 4.79% lower than the median price per square foot for the city of Laguna Beach.

About 1397 Terrace Way

Detailed summary of property

1397 Terrace Way is a single family home located in Laguna Beach, CA 92651 and is currently for sale. This house offers 3 bedrooms, 1 bathrooms, roughly 1,833 living square feet, and sits on an approximately 13,504 square foot lot. 1397 Terrace Way was first listed on ArdentRealEstateGroup.com on May 7, 2024. The homeowner is currently asking $3,150,000. The median priced home in Laguna Beach is $4,250,000 with a median price per square foot of $1,805. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is listed 25.88% lower than the median priced home. Local competing homes currently for sale include 825 Summit Dr, 781 Summit Dr and 1284 Starlit. While the average home in Laguna Beach, CA is selling in 91 days, 1397 Terrace Way has a days on market of 5 days. There are currently 168 homes for sale in the Laguna Beach real estate market and 151 of them are single family homes while 17 of them are condos and 0 are townhomes. For more information on this home for sale at 1397 Terrace 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 1397 Terrace Way

Public county record property details
Beds
3
Baths
2
Year built
1963
Sq. Ft.
1,833
Lot Size
6,800
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
644-142-09

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
170
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 1397 Terrace 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.