2695 Laguna Canyon Rd

Laguna Beach CA 92651

2211 sq. ft.

27007 sq. ft.

Single-Family

Last sold for $1,750,000

LINDSAY CLARK, last sold this property on 28 August 2024 after 242 days on market.

Overview

Wonderful opportunity to own three detached units in the gorgeous canyon of Laguna Beach. Zoned M1A, light Industrial. Great as an investment rental income property, commercial use or as a home. Sitting on over half an acre and 2 separate parcels of land and over 8,000 sq ft of flat space. The property has amazing potential/future development opportunity. Conveniently located within close proximity to Laguna College of Art and Design, Festival of Arts and Pageant of the Masters, and less than two miles to beaches and downtown Laguna Beach. Less than 2 miles to the beach and easy access to hiking trails. In its current state, there are 3 structures: the main house is two bedrooms, two bathrooms, as well as a garage that has been converted into a playroom. Bifolding Doors in the living room create the ideal flow combing the indoor and outdoor living spaces. The rare, wood burning stove will keep you cozy year round and the new pergola creates a magical outdoor entertaining space. The second structure is a small two bedroom, one bathroom Casita with a full kitchen and the living area. Recently remodeled and currently vacant, this casita is currently available for lease at $4K/month. The third structure is the artist studio which is about 18x20 feet of finished work space including electricity. It also has a toilet and sink. Such Expansive patio and deck space is hard to find in Laguna. There is a plenty of parking, at least 6 spaces. Including 2 behind the gate which could also be used for RV or boat parking with a hookup to the sewer. There?s incredible rental potential and so much that can be done with the property. You really have to see it in person to understand it. Zoning is M1A (light industrial). THE ADJOINING PROPERTY IS ALSO FOR SALE

Features

4 bedrooms

4 bathrooms

6 carspaces

5 open car spaces

1 garage space

2211 sq. ft. floor area

27007 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Laguna Beach over the last 12 months, the estimated median property value of 2695 Laguna Canyon Rd is $3.8m.

Median value

$3.8m

Estimated value range

$3.9k - $20m

Median days on market

Estimated value trend

-10%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Laguna Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2695 Laguna Canyon Rd

2024

Sold

$1,750,000

28 Aug 2024 by LINDSAY CLARK, of Engel & Voelkers Laguna Beach

2018

Sold

Undisclosed

21 Mar 2018

Happy sellers in Laguna Beach

We have insufficient information to provide an overview of customer satisfaction for Laguna Beach. Viewing the agent profiles, reviews and sales for Laguna Beach can provide insights for this location.