Seller's Agent in 2025
Katrina Smith
Pinpoint Properties
(949) 291-7631
1 in this area
225 Total Sales
1151 Summit Place Laguna Beach, CA 92651
Summit Ridge Neighborhood
0.08
Acre
$8,868,039
Price per Acre
3,600
Sq Ft Lot
Highlights
- White Water Ocean Views
- Ocean Side of Freeway
- Hiking Trails
- Top Of The World Elementary School Rated A
- No HOA
- Up Slope from Street
About This Lot
As of April 2025Massive price reduction and the best deal in Laguna Beach. Prime ocean view lot with fully approved, ready-to-build plans. Welcome to 1151 Summit Place, Laguna Beach. This is a remarkable opportunity to own a custom-built home designed by a renown Architect. Summit Place boasts breathtaking ocean, Catalina island, whitewater, coastline, and city-light vistas. Perched amongst a small enclave of homes on a serene, private, and secluded cul-de-sac at the top of Summit Ridge, this lovely gentle upslope lot inhabits one of the most highly desirable neighborhoods in Laguna Beach. This rare and appealing property offers all utilities in place and is one of the last buildable vacant lots for sale. A purchase comes with construction plans approved by the city of Laguna Beach and Design Review Board. This tranquil sanctuary is ready to be built with a new owner’s customized and personal finishing touches. The architect has designed a beautiful, sophisticated, state-of-the-art abode with three bedrooms, three and one half baths, and unobstructed ocean views. No detail was spared in the design of this property. Notable areas include a private upper primary suite and chef’s kitchen. Meticulous detail-work and planning lends itself to open and sun-drenched architecture that seamlessly blends with its site. Indoor/outdoor living is maximized by extending spaces to the outside, creating a true sense of home by the sea.Grand floor-to-ceiling glass beckons views, while festive fire elements lend the home to a true entertainer’s paradise for friends and family. Spacious view-terraces off the living, dining and primary bedroom make relaxing with a loved one an everyday opportunity. Enjoy brilliant sunsets with a glass of wine while gazing at the glistening coastline, or up at the twinkling stars. Located just minutes away from Pacific Coast Highway and the 133 Toll Road, one has ample access to renowned restaurants, shopping, and white-sand beaches. Seize this rare opportunity to possess a one of a kind property in Southern California's preeminent coastal destination.
Last Agent to Sell the Property
Pinpoint Properties Brokerage Phone: 949-209-9004 License #01740623 Listed on: 02/13/2025
Last Buyer's Agent
Pinpoint Properties Brokerage Phone: 949-209-9004 License #01740623 Listed on: 02/13/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,035
Lot Details
- 3,600 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned r1
Parking
- Up Slope from Street
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Mountain
- Hills
Utilities
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 64424404
Community Details
Overview
- No Home Owners Association
- Summit Ridge Subdivision
Recreation
- Hiking Trails
- Bike Trail
- Ocean Side of Freeway
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
Apr 9, 2025
Sold by
Coon Michael A and Coon Diane M
Bought by
1151 Summit Place Llc
Seller's Agent
Katrina Smith
Pinpoint Properties
Buyer's Agent
Katrina Smith
Pinpoint Properties
List Price
$895,000
Sold Price
$732,500
Premium/Discount to List
-$162,500
-18.16%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,288
Original Mortgage
$710,525
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2000
Sold by
Plomgren Erik J
Bought by
Coon Michael A and Coon Diane M
Purchase Details
Closed on
Feb 9, 1998
Sold by
Lockhart Robert and Lockhart Jill
Bought by
Plomgren Erik J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $732,500 | California Title Company | |
| Grant Deed | $217,000 | -- | |
| Grant Deed | $130,000 | Guardian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,765,000 | New Conventional | |
| Closed | $1,765,000 | Construction | |
| Closed | $710,525 | New Conventional | |
| Previous Owner | $130,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $732,500 | -18.2% | -- |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $895,000 | 0.0% | -- |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $895,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,035 | $333,513 | $333,513 | -- |
| 2024 | $4,035 | $326,974 | $326,974 | -- |
| 2023 | $4,874 | $320,563 | $320,563 | $0 |
| 2022 | $4,220 | $314,278 | $314,278 | $0 |
| 2021 | $3,724 | $308,116 | $308,116 | $0 |
| 2020 | $3,659 | $304,957 | $304,957 | $0 |
| 2019 | $3,580 | $298,978 | $298,978 | $0 |
| 2018 | $3,501 | $293,116 | $293,116 | $0 |
| 2017 | $3,419 | $287,369 | $287,369 | $0 |
| 2016 | $3,342 | $281,735 | $281,735 | $0 |
| 2015 | $3,278 | $277,504 | $277,504 | $0 |
| 2014 | $3,204 | $272,069 | $272,069 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katrina Smith
-
Kara Burns
Seller Co-Listing Agent in 2025
Kara Burns
Pinpoint Properties
(303) 921-9634
1 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25032409
APN: 644-244-04
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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