31312 Pedro Street, Laguna Beach

Laguna Beach Home Sale

Back on the market. Buyer failed to perform. Amazing 180-degree white water, ocean, and Catalina views from this beach cottage on a large street to street lot in Laguna Beach's coveted Coast Royal neighborhood. Short walk to some of the best beaches in Laguna Beach, to include West Beach, Table Rock, Thousand Steps Beach and direct beach access via a pedestrian tunnel to Aliso Beach. The house features a freshly painted interior with hardwood floors, wood beamed ceilings, front tiled patio, rear wood deck, and a hand laid rock backyard. In addition to easy beach access, the Coast Royal neighborhood is within walking distance to the South Laguna Village for restaurants and shops, hiking trails, and The Ranch for golf, dining, and live music. Assumable VA Loan at 2.25%. Looking for a larger, newer house? The sale includes city approved plans for a major remodel to increase the total house size to 3,576 sqft over three levels with a total of 3 en-suite bedrooms, all with ocean views, large living room, dining room, and family room all with ocean views, large designer kitchen, a bonus third level 680 sqft family room, or 4th ensuite bedroom with plans to convert to an ADU, over 800 sqft of ocean view decks and patios, an oversized 538 sqft subterranean two car garage, and a large ocean view backyard with room for a pool. The plans for the major remodel were approved by the City of Laguna Beach Design Review Board (DRB) in October 2021 and now valid until 2025. Seller has completed the structural and civil engineering plans, the mechanical, electrical, plumbing, and fire sprinkler plans, and completed the soil testing. The construction plans are all ready to submit to the City for approval and permitting.

Property Details

31312 Pedro StreetSquare Ft: 1,424Lot Size: 0.14Bedrooms: 2Bathrooms: 2Price: $2,700,000Zip: 92651
MLS® #: OC22082192Neighborhood: Coast Royal (CR)Levels: TwoGarages: 1School District: Laguna Beach UnifiedDays on Market: 431Listed By: Peter Mccormick, USA Veterans Real Estate and Mortgage Company

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Laguna Beach
  • County:
    Orange
  • Zip:
    92651
  • MLS® #:
    OC22082192
  • Bedrooms:
    2
  • Bathrooms:
    2
  • Square Ft:
    1,424
  • Lot Size:
    0.14
  • Neighborhood:
    Coast Royal (CR)
  • Levels:
    Two
  • Garages:
    1
  • School District:
    Laguna Beach Unified
  • HOA Dues:
    $

Price Change History for 31312 Pedro Street, Laguna Beach, (MLS® #OC22082192)

Date Details Price Change
Closed
Pending
Active
Pending (from Active)
Price Reduced $2,700,000 $50,000 (1.82%)
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Based on information from California Regional Multiple Listing Service, Inc. as of June 23rd, 2024 at 1:25pm PDT. 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.