502 Olive St, Laguna Beach, CA 92651
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502 Olive St Laguna Beach, CA 92651

$5,995,000
  • 4 Beds
  • 4 Baths
  • 3,302 Sq.Ft.
For Sale
$5,995,000 Get Pre-Qualified

Map preview of 502 Olive St, Laguna Beach, CA 92651

Property Overview: 502 Olive St Laguna Beach, CA has 4 bedrooms, 4 bathrooms, 3,302 living square feet and 6,000 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: Welcome to Casa Positano - Indulge in coastal opulence with this exquisite Mediterranean residence perched above Downtown Laguna Beach, mere minutes from beautiful beaches. Crafted by renowned Architect Paul McClean and Master Builder Greg McCaffery, this prestige custom masterpiece is a fusion of modern elegance and Southern California Charm. Nestled on a premier cul-de-sac lot in the desirable "Tree Streets" of North Laguna, this home boasts breathtaking views of the ocean and lush green mountainside. Step into Luxury with 4 bedrooms, 5 bathrooms, plus an office, and over 3,300 SF of unparalleled sophistication. The interior is adorned with neutral tones throughout as presented in the hardwood floors, custom cabinetry and built-ins, wood beamed ceilings, and seamless pocket sliding doors. The stunning chef's kitchen features Calcutta countertops, Wolf stainless steel appliances, a breakfast bar, and soaring light-flooded ceilings perfect for hosting guests. Meanwhile, the living room and intimate outdoor balcony invites South and West facing views allowing you to enjoy the serene sunrises and sunsets. Just off the kitchen, the primary suite of wood beamed vaulted ceilings acquires French doors overlooking the pool and mountain views, and the spa-like bathroom offers a soaking jetted tub, an infrared light steam shower, and ample closet space complete with a makeup vanity. The top floor also contains an office opening up to a fountain courtyard, while the bottom floor offers 3 ensuite bedrooms plus an entertainment room leading out to the pool, spa, and built-in BBQ surrounded by complete privacy and greenery. The indoor-outdoor entertainment space is equipped with a stone fireplace, a wine station and beer tap kegerator, glass display cabinets, and outdoor ceiling heaters in the covered patio. Other amenities include a wine cellar, 2-car garage, laundry room, and a Smart home system that controls the Nuvo surround sound, pool & spa features, AC/heating, lighting, & more all from the wall-mounted Ipads or straight from your phone. Experience Laguna Beach's vibrant art culture and culinary delights all conveniently located just minutes to Downtown, Pageant of the Arts, SawDust Art Festival, Whole Foods, Urth Cafe, and more shopping & dining destinations.

Listed by Joshua Altman | BRE #01764587 | Douglas Elliman of California, Inc.
Last checked: 5 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 4
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Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
2014
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
24382529
City
Laguna Beach
County
Orange
Time on Site
5 days

Open Houses for 502 Olive St

Sunday, Apr 28th: 1:00pm-4:00pm
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Property Details for 502 Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Bonus Room, Living Room, Primary Bedroom
Room Information
  • Flooring: Wood, Tile
  • Dressing Area, Family Room, Wine Cellar, Primary Bathroom, Living Room
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Refrigerator
  • Kitchen Island
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 2
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • High Ceilings, Wet Bar, Recessed Lighting, Bar
  • Levels: Two
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Heated, Private, In Ground
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: In Ground, Private
  • Patio Open, Covered
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Private, Garage - Two Door, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Canyon, City Lights, Pool, Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Parcel Number: 49611124
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Off of High Dr
View more facts & features

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Sale History for 502 Olive St

Last sold for $3,900,000 on March 30th, 2018
  • April, 2024

  • Apr 20, 2024

    Date

    Active

    CRMLS: 24382529

    $5,995,000

    Price

  • April, 2024

  • Apr 13, 2024

    Date

    Expired

    CRMLS: 23321173

    $5,995,000

    Price

  • Oct 13, 2023

    Date

    Active

    CRMLS: 23321173

    $6,195,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2023

  • Oct 5, 2023

    Date

    Canceled

    CRMLS: OC23095478

    $6,195,000

    Price

  • Jun 1, 2023

    Date

    Active

    CRMLS: OC23095478

    $6,195,000

    Price

  • Listing provided courtesy of CRMLS

    A delightful expression of transcendent design and superlative construction, enveloped by the distinctly desirable surround of North Laguna’s famed ‘Tree Streets’ location. The over 6,000 square-foot parcel with its thoughtful orientation presents exceptional privacy and captivating views of the lush canyon, and glittering coastline; while the over 3,000 square feet of living space provides the requisite elements for a refined, yet comfortable lifestyle. The collective creation of acclaimed architect Paul McClean and principal builder Greg McCaffery, the residence and its grounds are an excellent assemblage of spaces. Encompassing four bedrooms; 3 full and 2 half baths; along with multiple formal and informal areas for dining, relaxation, and entertaining at any scale, the home is an ideal setting for modern domesticity. Crafted without compromise – just a selection of amenities, appointments, and architectural detail includes employment of some of the finest hardwoods and imported stones; custom finish carpentry, mill, and ironwork; designer lighting and fixtures; beamed, and wood-clad ceilings; a graphic radial stair; professional-grade appliances; a main-level primary suite with a slab and stone-tile finished spa-like bath, as well as an expansive wardrobe, vanity, and ‘dressing’ room; a temperature-controlled wine room; and a lounge fashioned with a fully-equipped bar, multi-tap wine WineStation, and dual refrigerated beer taps. The outdoor environment, a splendid extension of the gracious interior is accessed through two levels of French doors and massive retracting walls of glass. A heated California room and second-level terrace overlook the rare, near property-width swimming pool and spa, ensconced in the seclusion of over-height hedges. Along with the property's exceptional attributes, the surrounding idyllic community and complementary style of living, afford an extraordinary opportunity for even the most discerning buyer.

  • March, 2018

  • Mar 30, 2018

    Date

    Sold

    CRMLS: OC18019153

    $3,900,000

    Price

  • Mar 10, 2018

    Date

    Pending

    CRMLS: OC18019153

    $3,998,000

    Price

  • Feb 25, 2018

    Date

    Active Under Contract

    CRMLS: OC18019153

    $3,998,000

    Price

  • Jan 26, 2018

    Date

    Active

    CRMLS: OC18019153

    $3,998,000

    Price

  • Listing provided courtesy of CRMLS

    Escape to Luxury— Experience Modern Coastal Sophistication in Southern California’s “Hot Spot” Destination Laguna Beach, California. Our Prestige Custom Masterpiece was special designed by the eminent architect Paul McClean and built with craftsmanship by Greg McCaffery. The Completely Custom “North Laguna” Private Residence is situated on a Premier Street-to-Street Cul-de-Sac Lot Location on Laguna Beach’s coveted “Tree Streets” with Captivating City Light, Canyon, and Ocean Views! The home is STEPS from Downtown Laguna Beach and offers 4BD 5BA Private Pool + Spa, Living Room Deck, and 3,028 Sq Ft of unmatched decadent indulgence! The Grandeur Residence offers the Finest Interior Elements including DuChateau Hardwood Flooring, Custom Thommes Cabinetry & Closets, Wood Beams, Nuvo Surround Sound throughout, Pocket “Hideaway” Doors, Custom Iron Work, & LED Recessed Lighting! Chef-Inspired Gourmet Kitchen with Calcutta Countertops, Custom FULL Backsplash, Glass Fronted Cabinetry, Accented Ceilings, and ALL Wolf Top-End Stainless Steel Appliances! Indoor/Outdoor Living at its Best—Downstairs Entertaining Retreat with Wine Cellar, Bronzite Bar, Kegerator, Temperature Controlled “Wine Station” Wine Dispenser, and Covered Outdoor California Room! Private Back Gate leads to a short walk to Pageant of the Arts, Saw Dust Art Festival, Carmelita’s, Dining Destinations on Forest Avenue, Skyloft, and a short drive to Surf & Sand Resort and The Montage.

  • March, 2018

  • Mar 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $3,900,000

    Price

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: LG17064696

    $28,000

    Price

  • May 12, 2017

    Date

    Price Change

    CRMLS: LG17064696

    $28,000

    Price

  • Mar 29, 2017

    Date

    Active

    CRMLS: LG17064696

    $30,000

    Price

  • Listing provided courtesy of CRMLS

    Located within close distance to main beach, Heisler Park as well as the numerous shops, galleries and restaurants of the Laguna Village. This custom North Laguna home features 4 bedrooms, 5 bathrooms, and an incredible master suite complete with fireplace, large steam shower and decadent soaking tub. Other amenities include a gourmet kitchen, BBQ, and dedicated study. Whether it be relaxing in your private pool and spa while looking at the surrounding hills or enjoying the game on the large screen TV in the fully wired family room complete with built in kegerator, wine fridge and wine station. This home will give you the opportunity to do what’s most important, unwind and de-stress.

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: LG17024726

    $3,995,000

    Price

  • May 16, 2017

    Date

    Price Change

    CRMLS: LG17024726

    $3,995,000

    Price

  • Feb 6, 2017

    Date

    Active

    CRMLS: LG17024726

    $4,195,000

    Price

  • Listing provided courtesy of CRMLS

    New Construction North Laguna Home. Located on a flat street of Laguna’s coveted “Tree Streets” this home offers views of the ocean, hills, canyon and city lights. It is situated on a rare street-to-street lot with access to two quite cul-de-sacs with few neighbors, and is within very short distance to downtown Laguna with its numerous shops, galleries and restaurants. Designed by famed architect Paul McClean this home features 4 bedrooms, 5 bathrooms, and an incredible master suite complete with fireplace, large steam shower and decadent soaking tub. Entertain in the large family room featuring a fireplace, recessed TV and Bronzite bar complete with built in kegerator, fridge and a temperature controlled wine dispenser. Or, outside at your private pool and spa that take in the views. With an eye towards detail this home also boasts a custom gourmet kitchen with top of the line appliances, wine cellar, hardwood floors, multiple flat screen TV’s, incredible light fixtures, custom ironwork and is fully wired for today’s technology. Truly close proximity to downtown Laguna, new construction, private pool and spa and incredible finishes. This is a home you have to see.

  • December, 2015

  • Dec 29, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 502 Olive St

Assessed Value (2020): $4,057,560
Year Land Value Improved Value Assessed Value
2020 $3,026,524 $1,031,036 $4,057,560

Home Value Compared to the Market

This property vs the competition

502 Olive St is listed 41.06% higher 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 $1,703 and this home is listed at $1815.57 per/sqft which puts the price per square foot 6.61% higher than the median price per square foot for the city of Laguna Beach.

About 502 Olive St

Detailed summary of property

502 Olive St is a single family home located in Laguna Beach, CA 92651 and is currently for sale. This house offers 4 bedrooms, 4 bathrooms, roughly 3,302 living square feet, and sits on an approximately 6,000 square foot lot. 502 Olive St was first listed on ArdentRealEstateGroup.com on April 20, 2024. The homeowner is currently asking $5,995,000. The median priced home in Laguna Beach is $4,250,000 with a median price per square foot of $1,703. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is listed 41.06% higher than the median priced home. Local competing homes currently for sale include 948 Del Mar, 2510 Glenneyre St and 2616 Queda Way. While the average home in Laguna Beach, CA is selling in 103 days, 502 Olive St has a days on market of 4 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 502 Olive St 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 502 Olive St

Public county record property details
Beds
4
Baths
3
Year built
2014
Sq. Ft.
3,094
Lot Size
6,000
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
Yes
County
Orange
Lot#
--
APN
496-111-24

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 502 Olive St

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.