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323 Magnolia Dr, Laguna Beach, CA 92651
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323 Magnolia Dr Laguna Beach, CA 92651

$3,800,000 Sold Price as of 04/12/2024
  • 4 Beds
  • 3 Baths
  • 1,701 Sq.Ft.
Sold
$3,800,000 Sold Price as of 04/12/2024 Refinance Your Mortgage
Map preview of 323 Magnolia Dr, Laguna Beach, CA 92651

Property Overview: 323 Magnolia Dr Laguna Beach, CA has 4 bedrooms, 3 bathrooms, 1,701 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Experience the epitome of coastal luxury with this meticulously crafted, single-story haven in the heart of North Laguna's prestigious "Tree Streets." Completed with the utmost attention to detail in 2023, this fully renovated coastal cottage is situated on a large, flat street to alley lot and stands as a testament to Laguna beach living. Step into a world of seaside elegance with European oak floors, custom tile, and beautiful Milgard windows throughout. The main home was completely redesigned, now with three bedrooms and two bathrooms complete with designer finishes, creating an atmosphere of unparalleled "beach house" sophistication. The property boasts a detached, newly constructed one-bedroom, one-bath dwelling unit, offering an exclusive retreat or guest house adjacent to the new 2-car garage. Ideally located within strolling distance to North Laguna Beaches, Heisler Park, and upscale boutiques and restaurants, this residence invites you to savor the pinnacle of high-end beach living. Seize the opportunity to call this masterpiece home — where elegance meets coastal living.

Listed by Jill Lockhart | BRE #01913762 | Livel Real Estate
Co-listed by Meital Taub | BRE #01871040 | Livel Real Estate
Last checked: 16 seconds ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG23222836
City
Laguna Beach
County
Orange
Time on Site
138 days

Property Details for 323 Magnolia Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, High Efficiency
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Flooring: Wood
  • Main Floor Bedroom, Main Floor Primary Bedroom, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater
  • Kitchen Island, Kitchen Open to Family Room, Stone Counters
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Built-in Features, Open Floorplan, Stone Counters, Wired for Sound
  • Levels: One
  • Window Features: ENERGY STAR Qualified Windows
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • Has Sprinklers
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway Level, Garage Faces Rear
  • No Attached Garage
Lot Information
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Level, Near Public Transit, Park Nearby, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 49603504
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Elmorro
  • Elementary School: ELMORR
  • 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: North Laguna (NL)
  • Directions: PCH to Holly turn right on Magnolia
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Laguna Beach Agent

Sale History for 323 Magnolia Dr

Last sold for $3,800,000 on April 12th, 2024

  • April, 2024

  • Apr 12, 2024

    Date

    Sold

    CRMLS: LG23222836

    $3,800,000

    Price

  • Dec 8, 2023

    Date

    Active

    CRMLS: LG23222836

    $4,250,000

    Price

  • January, 2022

  • Jan 25, 2022

    Date

    Active

    CRMLS: LG21023049

    $1,849,000

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: LG21023049

    $1,849,000

    Price

  • Listing provided courtesy of CRMLS

    With an outstanding north Laguna Beach setting on a spacious 6,000-square-foot homesite, all this cute classic cottage is missing is your creative imagination. Built 100 years ago in 1921, the one-level residence has been virtually cleared inside and is ready to be redesigned as your personal dream home. Classic cottage style includes a covered entry porch, and the lot is R-2 zoned, allowing for the addition of another building—a second home, garage or casita, for example—on the alley-facing back portion. Picture you and your friends and loved ones enjoying picnics, celebrations and get-togethers in a home that reflects your style and Laguna’s rich history. A desirable address on Magnolia Drive is merely moments from the scenic bluff tops of Heisler Park, downtown’s lively village shops and restaurants, Main Beach, hiking trails, beach volleyball, surfing, boarding and more. Crystal Cove is just to the north on the way to Newport Coast, Newport Beach and Corona del Mar, and Laguna Niguel and Dana Point await down Pacific Coast Highway.

  • August, 2017

  • Aug 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,625,000

    Price

  • August, 2017

  • Aug 24, 2017

    Date

    Pending

    CRMLS: LG17171701

    $1,749,500

    Price

  • Aug 18, 2017

    Date

    Active Under Contract

    CRMLS: LG17171701

    $1,749,500

    Price

  • Aug 2, 2017

    Date

    Price Change

    CRMLS: LG17171701

    $1,749,500

    Price

  • Jul 26, 2017

    Date

    Active

    CRMLS: LG17171701

    $1,875,000

    Price

  • Listing provided courtesy of CRMLS

    BUILT IN 1921 AND FIRST TIME OFFERED FOR SALE, EVER!!! THIS OLD LAGUNA BEACH COTTAGE RETREAT HAS BEEN LOVED AND LIVED IN BY THE SAME FAMILY FOR ALL THESE YEARS. LOTS OF HAPPINESS, PARTIES AND BARBEQUES HAVE HAPPENED IN THIS SPOT AND NOW IT'S TIME TO SAY GOOD BY...BEAUTIFULLY SITUATED ON A LARGE 6,000 SQUARE FOOT LOT WITH QUAINT MAGNOLIA STREET AT THE FRONT AND THE ALLEY-WAY BEHIND THE HOME FOR YOUR GARAGES. THIS LOT IS ZONED R-2 AND MAY ACCOMMODATE A SECOND UNIT IN THE BACK OF THE PROPERTY. THE ORIGINAL COTTAGE NEEDS A LITTLE TENDER LOVING CARE, BUT WITH SOME WORK COULD BE BROUGHT BACK TO IT'S HEYDAY... CLOSE TO THE BEACH, SHOPS AND RESTAURANTS AND JUST A HOP, SKIP AND JUMP TO HEISLER PARK IN NORTH LAGUNA. IDEALLY SITUATED WITH AN AMAZING LOCATION AND LOT, YOU WILL NEED TO HURRY FOR THIS ONE...

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Tax History for 323 Magnolia Dr

Assessed Value (2020): $1,690,650
Year Land Value Improved Value Assessed Value
2020 $1,534,590 $156,060 $1,690,650

Home Value Compared to the Market

This property vs the competition

323 Magnolia Dr sold on April 12, 2024 for 43.64% 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 $2322.16 per/sqft which puts the price per square foot 26.69% higher than the current median sale per square foot for the city of Laguna Beach.

About 323 Magnolia Dr

Detailed summary of property

323 Magnolia Dr is a single family home that recently sold in Laguna Beach, CA 92651. This house offered 4 bedrooms, 3 bathrooms, roughly 1,701 living square feet, and sits on an approximately 6,000 square foot lot. 323 Magnolia Dr was first listed on ArdentRealEstateGroup.com on December 8, 2023. The homeowner sold the property for $3,800,000. 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 43.64% higher than the current median priced home. Local homes that are currently for sale include 2163 Crestview Dr, 1071 Baja St and 1155 Katella St. While the average home in Laguna Beach, CA is selling in 103 days, 323 Magnolia Dr has a days on market of 90 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 323 Magnolia 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 323 Magnolia Dr

Public county record property details
Beds
3
Baths
1
Year built
1921
Sq. Ft.
888
Lot Size
6,000
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
496-035-04

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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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.

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