NOT LISTED FOR SALE

Estimated Value: $5,793,000 - $8,906,000

4 Beds
3.5 Baths
2,643 Sq Ft
$2,795/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $8,200,000 $3,103 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $46,060/month

220 Days on Market

Highlights

  • Ocean Front
  • Fishing
  • Dual Staircase
  • Top Of The World Elementary School Rated A
  • Ocean Side of Highway 1
  • 4-minute walk to Ruby Street Park

About This Home

As of May 2024

For the first time in more than 50 years, the home at 1811 Ocean Way is available for purchase. Opportunities like this rarely come on the market. Situated above Pearl Street Beach, the privileged position of the home provides vast panoramic ocean views, Catalina Island and year-round sunset views, and a prime view of the ‘arch’ of stunning Arch Cove below. The potential of the property is incredible, providing an ideal canvas to bring your vision to life. Almost every room looks out to the sea, and three ocean view decks and a sheltered private courtyard grant an incredible opportunity for outdoor living – this is the ultimate beach-lovers dream location! Ready for your customization, the versatile four-bedroom floor plan appeals to those looking for a primary residence or a secondary beach retreat. The heart of the home is a main level great room looking directly out to the open sea, anchored by the dining room and kitchen on one end and two bedrooms on the other and a deck that spans the width of the house. Upstairs is an ocean view office with a private view deck and powder room – perfect as a fifth bedroom if needed. Downstairs are two more bedrooms with additional outdoor space. Conveniently, access to the sand via Pearl Street is immediately adjacent to the property. Situated in one of Laguna’s most iconic neighborhoods, you’re still less than a block from fantastic eats and the boutique shopping and cultural attractions that make Laguna Beach a world-class destination. Take a breath and enjoy life – experience the embodiment of California coastal living at its finest before this rare opportunity disappears.

Last Agent to Sell the Property

Nicholas Hooper

Compass License #01962012 Listed on: 09/04/2023

Compass

Co-Listed By

Michael Johnson

Compass License #01429647

Last Buyer's Agent

Brennan Harms

Premier Pacific Properties License #02011669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,662

Year Built

  • Built in 1935

Lot Details

  • 7,257 Sq Ft Lot
  • Ocean Front
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Neighborhood

Home Design

  • Cottage

Interior Spaces

  • 2,643 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Beamed Ceilings
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Home Office
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 763
  • Assessor Parcel Number 64427701

Community Details

Overview

  • No Home Owners Association
  • Woods Cove Subdivision

Recreation

  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,662

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Nick Hooper
  • Other Phone Number: 9499397083
  • Property Attached: No
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64427701
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2643.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Living Room Balcony
  • Stories: 3
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3102.53
  • Room Type: Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Office

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking, Watersports

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7257.00
  • Lot Size Acres: 0.1666

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7257.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.20
  • Tax Lot: 20
  • Tax Tract Number: 763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
May 2, 2024
Sold by
Pribram Revocable Trust and Cornwell Kelly
Bought by
Wheatley Family 2024 Trust and Wheatley
Seller's Agent
Nicholas Hooper
Compass
Buyer's Agent
Brennan Harms
Premier Pacific Properties
List Price
$9,950,000
Sold Price
$8,200,000
Premium/Discount to List
-$1,750,000
-17.59%
Views
368
Current Estimated Value
$7,388,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$811,805
Avg. Annual Appreciation
-7.38%
Original Mortgage
$6,560,000
Outstanding Balance
$6,446,388
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$941,807

Purchase Details

Closed on
Jun 27, 2019
Sold by
Pribram Henry W and Pribram June Ann
Bought by
Pribram Henry W and Pribram June Ann

Purchase Details

Closed on
Mar 31, 2000
Sold by
Pribram June Ann
Bought by
Pribram Henry W and Pribram June Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wheatley Family 2024 Trust $8,200,000 First American Title Company
Pribram Henry W -- None Available
Pribram Henry W -- None Available
Pribram Henry W -- None Available
Pribram Henry W -- --
Pribram Henry W -- --
Pribram Henry W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheatley Family 2024 Trust $6,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $8,200,000 -8.4% $3,103 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $8,950,000 -3.2% $3,386 / Sq Ft
01/10/2024 01/10/24 Price Changed $9,250,000 -7.0% $3,500 / Sq Ft
09/04/2023 09/04/23 For Sale $9,950,000 -- $3,765 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $82,662 $8,364,000 $8,143,293 $220,707
2024 $82,662 $342,931 $240,366 $102,565
2023 $4,666 $336,207 $235,653 $100,554
2022 $4,446 $329,615 $231,032 $98,583
2021 $4,301 $323,152 $226,502 $96,650
2020 $4,190 $319,839 $224,180 $95,659
2019 $4,092 $313,568 $219,784 $93,784
2018 $3,997 $307,420 $215,474 $91,946
2017 $3,897 $301,393 $211,249 $90,144
2016 $3,804 $295,484 $207,107 $88,377
2015 $3,725 $291,046 $203,996 $87,050
2014 $3,640 $285,345 $200,000 $85,345
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23164106

California Regional Multiple Listing Service (CRMLS)

APN: 644-277-01