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Laguna Beach, CA 92651,31312 Pedro ST
Laguna Beach, CA 92651,31312 Pedro ST
Laguna Beach, CA 92651,31312 Pedro ST
$2,700,000
Est. payment /mo
$2,700,000
Est.Price: ?

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2 Beds
2 Baths
1,424 SqFt
SOLD DATE : 07/31/2023

Key Details

Sold Price $2,700,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,424 sqft

Price per Sqft $1,896

Subdivision Coast Royal (Cr)

MLS Listing ID OC22082192

Bedrooms 2

Full Baths 2

Year Built 1940

Lot Size 6,181 Sqft

Property Description

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.

Location

State CA

County Orange

Area Sl - South Laguna

Interior

Heating Central, Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Wood

Fireplaces Type Living Room, Wood Burning

Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage

Exterior

Exterior Feature Barbecue, Lighting

Parking Features Asphalt, Door-Single, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Community Features Biking, Dog Park, Golf, Hiking, Preserve/Public Land, Storm Drain(s), Suburban, Water Sports

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities

Waterfront Description Beach Access,Ocean Access

View Y/N Yes

View Ocean

Roof Type Shingle

Building

Lot Description Back Yard, Drip Irrigation/Bubblers, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinkler System, Sloped Up, Trees, Value In Land, Walkstreet, Yard

Story 2

Foundation Concrete Perimeter, Pillar/Post/Pier, Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Laguna Beach Unified

Others

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Peter McCormick • USA Veterans Real Estate and Mortgage Company
Bought with Bob Wolff • Harcourts Prime Properties
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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