new - 6 days on rocket

1902 Ocean Way, Laguna Beach, CA, 92651

$7,495,995

5 Bedrooms
4 Full Baths, 3 Partial
3,062 SqFt
$2,448/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Door-Single, Garage Faces Front, Garage, One Space
Attached Garage2 spaces
Year Built1929
HeatingNatural Gas, Zoned
CoolingCentral Air, Zoned
FireplaceGas, Living Room, Outside
ViewIsland, City Lights, Other, Ocean, Panoramic
MLS #LG24242557
Lot Size0.15 Acres
StatusActive

About 1902 Ocean Way

Nestled high on a knoll, with spectacular views of the Ocean and Catalina Island, and just steps from the famous Wood’s Cove Beach, on Ocean Way a premiere street in Laguna Beach, Ocean House welcomes you as soon as you set foot on the property. This approved 2,062, 3 bedroom, 3 full and 2 half bath home has been gut renovated and completely reimagined by the renowned Rory Foubister, with luxury appointments for the modern day. At first approach, you’ll find a cobblestone driveway leading to a 2-car garage with full laundry, multiple storage spaces, and a hub for equipment and technology. A terraced landscape with lush plantings and a private outdoor seating area with a fire pit ushers you to the home’s entry. Stunning materials—natural stone, rich wood, and sumptuous lime-wash—envelop the home, creating an inviting, sun-kissed environment. Custom steel windows and doors frame the views and facilitate the ultimate indoor-outdoor lifestyle. At entry, you’ll pass a spacious front balcony, into the living and dining rooms, past a wood and metal clad bar, to the state-of-the-art, fully-appointed kitchen—with an 8-foot island and adjacent prep kitchen. You have ocean views from every public room as well as thoughtfully considered amenities: sleek Visual Comfort and Lutron lighting, cutting-edge home automation, surround sound, and top of the line security systems. A separate hall takes you to the powder room and finally a private guest room with en-suite closet and bath. Up the stairs, you’ll make your way to a second guest room with en-suite closet and bath and finally to the stunning primary suite, which enjoys breathtaking ocean views, his-and-her closet areas, en-suite laundry, a breakfast bar with refrigerated drawers, a generous vanity, and a well-appointed steam shower with bench. The living level of the house flows seamlessly to the front balcony as well as to the front and back yards, through sliding doors that blend inside with outside. The backyard is an oasis painstakingly designed for both family life and entertainment, with a spacious deck, outdoor dining, an outdoor kitchen, an in-ground spa and a seating area with a fireplace. Finally, a 1000 square foot ADU (Accessory Dwelling Unit) has been approved fully permitted and is graded and ready to break ground. Being sold As Is, Buyer can come in a continue the path forward to finish this unique one of a kind home out, or redesign, choose the materials to their liking. Opportunity awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom, Patio Home
  • Year Built: 1929
  • Stories: 2
  • Living Area: 3,062 SqFt

Listing Office:

  • Office Name: Chris Dornin, Broker
  • Office Phone: 949.292.6050
  • Listing Agent: Philip Smith

Interior Features

Interior Information:

  • Appliances: Stove, Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier
  • Flooring Type: Wood
  • Interior: Wet Bar, Breakfast Bar, Built-in Features, Balcony, Separate/Formal Dining Room, In-Law Floorplan, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Wired for Data, Bar, Wired for Sound, Bedroom on Main Level, Instant Hot Water, Primary Suite, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Island, City Lights, Other, Ocean, Panoramic
  • Exterior: Barbecue, Lighting, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Door-Single, Garage Faces Front, Garage, One Space

Lot Features

Lot Information:

  • Lot: Back Yard, Corners Marked, Sloped Down, Front Yard, Landscaped, Near Public Transit
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: PCH - Diamond street right on Ocean Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,495,995
  • Price Per SqFt: $2,448/SqFt

Tax Information:

  • Annual Amount: $33,949
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Laguna Beach, CA.

Med. Sold Price

$3.0M

Med. Price/SqFt

$1,533

Avg. Days On Market

81

# of Sold Homes

18

1902 Ocean Way vs Laguna Beach

6 DAYS ON ROCKET

-75 Days

$7,495,995

+$4.4M More

$2,448/SqFt

+$914 More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $914/SqFt more than other homes in Laguna Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LG24242557

Listing Office:

  • Office Name: Chris Dornin, Broker
  • Office Phone: 949.292.6050
  • Listing Agent: Philip Smith

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2010Home Sold
$2,669,000
Jun 04, 2004Home Sold
$2,900,000

Tax History

YEARPROP. TAXASSESSMENT
2021$33,949$3,241,008
2020$33,533$3,207,776
2019$32,279$3,144,879
2018$32,280$3,083,215
2017$31,628$3,022,760

History based on county public records data.

Payment Calculator

$37.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4369220
9
/10
  • Top of the World Elementary School

  • 21601 Treetop Ln

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-4369221
9
/10
  • Moulton Elementary School

  • 29851 Highlands Ave

  • 2.71 miles

  • Public District Grades KG-5

school-card-donut-4369222
9
/10
  • Canyon Vista Elementary School

  • 27800 Oak View Dr

  • 3.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,329. Residents of Laguna Beach, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1902 Ocean Way

What is the listing price of this property?

The listing price of 1902 Ocean Way property is $7,495,995.

What type of property is this?

The property 1902 Ocean Way is a house located in Laguna Beach, California, 92651.

Is this property for sale now?

Active Listing: 1902 Ocean Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $33,949 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 23, 2010 for $2,669,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1902 Ocean Way has 5 bedrooms and 4 full and 3 half bathrooms.

What is the square footage of this property?

The property 1902 Ocean Way is 3,062 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1902 Ocean Way is 1929.
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Rocket HomesCaliforniaOrange CountyLaguna Beach926511902 Ocean Way

This home is located at 1902 Ocean Way in Laguna Beach, CA and zip code 92651 in the Woods Cove neighborhood. This 3,062 square foot home, which was built in 1929, sits on a 0.15 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $7,495,995.

In November 2024 more than 3 listings in Laguna Beach, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 14 were sold below. Between October 2024 and November 2024, Laguna Beach, CA real estate market has seen decrease in the number of listings by 4%. In November 2024, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $3,081,000.

From Rocket Homes Real Estate and based on county public records data.

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