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31312 Pedro Street, Laguna Beach, CA 92651
$2,700,000
31312 Pedro Street, Laguna Beach, CA 92651View this property at 31312 Pedro Street, Laguna Beach, CA 92651
31312 Pedro StreetLaguna BeachCA92651
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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.
Full Property Details
Full Property Details for 31312 Pedro St
General
- Sold For: $2,700,000
- Status: Closed
- Type: Single Family
- MLS ID: OC22082192
- Added to Site: 750 day(s) ago
Interior
- Rooms/Areas: Bonus Room, Family Room, Kitchen, Living Room, Main Floor Master Bedroom
- Interior Features: Beamed Ceilings, Built-in Features, Granite Counters
- Fireplace: Yes
- Fireplace(s): Living Room, Wood Burning
- Eating Areas: Breakfast Counter/Bar, In Living Room
- Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Icemaker, Microwave, Range Hood, Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Dryer Included, Gas & Electric Dryer Hookup, In Garage, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Driveway, Asphalt, Driveway Up Slope From Street, Garage Faces Front, Garage (Single Door)
Location
- County: Orange
- Subdivision: Coast Royal (CR)
- Driving Directions: PCH to West St. Left on Monterey St to Pedro St
- Direction Faces: West
School Information
- School District: Laguna Beach Unified
Community
- Community Features: Biking, Dog Park, Golf, Hiking, Watersports, Preserve/Public Land, Storm Drains, Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Central, Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Construction: Concrete, Plaster, Stucco
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Slab
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Wood Frames
- Disability Access: 2 or More Accessible Exits, Parking
- Entry Location: Second Floor
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,424
- Sq. Ft. Source: Assessor
- Year Built: 1940
- Year Built Source: Public Records
- Property Condition: Turnkey
Lot Features
- Property View: Ocean, White Water
- Lot Size (Acres): 0.1419
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Lot Description: Back Yard, Front Yard, Gentle Sloping, Rectangular Lot, Near Public Transit, Sprinkler System, Drip Sprinkler System, Sprinklers in Front, Sprinklers in Rear, Sprinklers Timer, Treed Lot, Slopes Up from Street, Value In Land, Walking Street, Yard
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $1,896.07
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Standard
Listed by USA Veterans Real Estate and Mortgage Company, Peter McCormick
Sold by Harcourts Prime Properties, Bob Wolff
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Schools
Schools serving 31312 Pedro St
School District:Laguna Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
8681 N Coast Hwy, Laguna Beach, CA 92651 | K-5 | 5.8 mi | |
2100 Park Ave, Laguna Beach, CA 92651 | 6-8 | 3 mi | |
625 Park Ave, Laguna Beach, CA 92651 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31312 Pedro St
Date
Details
Price
Change
Source
7/31/2023
Sold
$2,700,000
—
MLS
3/14/2023
Price Reduced
$2,700,000
-1.82%
MLS
2/28/2023
Price Reduced
$2,750,000
-1.79%
MLS
1/23/2023
Price Reduced
$2,800,000
-3.45%
MLS
10/27/2022
Price Reduced
$2,900,000
-3.33%
MLS
8/14/2022
Price Reduced
$2,999,999
-3.23%
MLS
5/28/2022
Price Increased
$3,100,000
3.68%
MLS
4/22/2022
Listed
$2,990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
31312 Pedro Street, Laguna Beach, CA 92651 (MLS# OC22082192) is a Single Family property that was sold at $2,700,000 on July 31, 2023. Want to learn more about 31312 Pedro Street? Do you have questions about finding other Single Family real estate for sale in South Laguna? You can browse all South Laguna real estate or contact a Coldwell Banker agent to request more information.