2040 Ocean Way Laguna Beach, CA 92651
Woods Cove NeighborhoodEstimated payment $51,508/month
Highlights
- White Water Ocean Views
- Heated In Ground Pool
- Across the Road from Lake or Ocean
- El Morro Elementary School Rated A+
- Primary Bedroom Suite
- 1-minute walk to Ruby Street Park
About This Home
Commanding breathtaking panoramas of the Pacific Ocean from nearly every vantage point, this residence seamlessly integrates contemporary, sophisticated interiors with the quintessential outdoor coastal living. Recently reimagined with meticulous attention to detail, the floor plan spans just over 2,800 square feet, offering two bedrooms and two-and-a-half bathrooms. The richly layered finishes create an elevated living environment, with imported Turkish stone, reclaimed wood-plank flooring, handcrafted millwork, and bespoke lighting celebrating craftsmanship throughout. Accessed from the street level via a custom glass elevator, the principal living area features stunning ocean vistas, a main sitting section with a fireplace, and the home’s dining portion set against a picture window. A Dutch door connects this space with one of the numerous outdoor areas. Anchored by a stone-top island, the open-concept kitchen offers every high-end amenity, from bespoke cabinetry, a slab backsplash, and an integrated high-end appliance package inclusive of a professional-grade six burner Wolf range with double ovens and a griddle to a farmhouse sink. Clad in a muted palette, the rear living space on this floor is a quiet retreat that leads onto the backyard: a lush sanctuary with a pool, sitting area, and fountains - truly an oasis in the city. A secondary bedroom with an adjacent bathroom and a generously sized walk-in closet round out this level of the home. Perched atop the residence, the primary suite is a statement of its own. Offering textural depth, its wood-paneled ceiling melds with luxurious wallpaper and contemporary lines of the accordion doors, which span the entire ocean-facing wall of the room, leading onto the private terrace. The ensuite bathroom with double vanities and marble-sheathed shower completes the topmost floor. No surface of this home was untouched during its renovation, and notable highlights include custom lighting, a whole-house audio system, ample garage space, and high-grade, non-flammable material throughout. The combination of enlivened interiors, breathtaking views, and a prime location of this residence is simply irreproducible.
Listing Agent
DOUGLAS ELLIMAN OF CALIFORNIA, INC. Brokerage Phone: 949-689-9047 License #01223768 Listed on: 01/16/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,068
Year Built
- Built in 2020 | Remodeled
Lot Details
- 4,250 Sq Ft Lot
- Landscaped
- Private Yard
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Custom Home
- Entry on the 1st floor
- Turnkey
- Fire Retardant Roof
Interior Spaces
- 2,826 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Beamed Ceilings
- Recessed Lighting
- Entrance Foyer
- Family Room Off Kitchen
- Living Room with Fireplace
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Double Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Cabinet Doors
- Disposal
- Instant Hot Water
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Upgraded Bathroom
- Bathroom on Main Level
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub
- Walk-in Shower
Outdoor Features
- Heated In Ground Pool
- Ocean Side of Highway 1
- Balcony
- Exterior Lighting
- Rain Gutters
Location
- Across the Road from Lake or Ocean
Utilities
- Central Heating and Cooling System
- Water Softener
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Woods Cove Subdivision
Listing and Financial Details
- Legal Lot and Block 9 / 6
- Tax Tract Number 23
- Assessor Parcel Number 64427809
- $1,097 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
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 | $48,068 | $4,727,711 | $3,771,720 | $955,991 |
2024 | $48,068 | $4,635,011 | $3,697,764 | $937,247 |
2023 | $47,099 | $4,544,129 | $3,625,259 | $918,870 |
2022 | $42,334 | $4,077,356 | $3,554,176 | $523,180 |
2021 | $37,527 | $3,608,420 | $3,484,487 | $123,933 |
2020 | $36,757 | $3,539,400 | $3,448,758 | $90,642 |
2019 | $36,106 | $3,470,000 | $3,381,135 | $88,865 |
2018 | $3,273 | $229,219 | $189,586 | $39,633 |
2017 | $3,189 | $224,725 | $185,869 | $38,856 |
2016 | $3,111 | $220,319 | $182,224 | $38,095 |
2015 | $3,043 | $217,010 | $179,487 | $37,523 |
2014 | -- | $212,760 | $175,972 | $36,788 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/16/2025 01/16/25 | For Sale | $8,995,000 | +159.2% | $3,183 / Sq Ft |
07/11/2018 07/11/18 | Sold | $3,470,000 | -6.1% | $1,442 / Sq Ft |
05/29/2018 05/29/18 | Pending | -- | -- | -- |
05/13/2018 05/13/18 | Price Changed | $3,695,000 | -7.5% | $1,535 / Sq Ft |
02/28/2018 02/28/18 | Price Changed | $3,995,000 | -3.7% | $1,660 / Sq Ft |
02/03/2018 02/03/18 | For Sale | $4,150,000 | -- | $1,724 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $3,470,000 | Chicago Title Co | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,950,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $2,150,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $107,000 | New Conventional | |
Previous Owner | $300,000 | Unknown | |
Previous Owner | $126,000 | Unknown | |
Previous Owner | $100,000 | Unknown | |
Previous Owner | $77,400 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG25011189

APN: 644-278-09
- 2120 Ocean Way
- 2160 Ocean Way
- 2175 S Coast Hwy Unit 16
- 2175 S Coast Hwy Unit 20
- 1907 Ocean Way
- 1901 Ocean Way
- 240 Moss St Unit 8
- 240 Moss St Unit 4
- 394 Moss St
- 1900 Catalina
- 1715 Ocean Way
- 222 Arch St
- 1585 S Coast Hwy Unit 66
- 1585 S Coast Hwy Unit 65
- 1585 S Coast Hwy Unit 31
- 900 Gainsborough Dr
- 2492 Glenneyre St
- 464 Agate St Unit A/B
- 567 Flora St
- 490 Agate St
- 161 Ruby St
- 1944 Ocean Way
- 1901 Ocean Way
- 240 Moss St Unit 15
- 240 Moss St Unit 1
- 363 Ruby St
- 360 Diamond St
- 154 Pearl St
- 2324 S Coast Hwy Unit D
- 1726 Ocean Way Unit 4
- 222 Arch #14 St
- 1585 S Coast Hwy Unit 24
- 2192 Crestview Dr
- 565 Fern St Unit B
- 560 Flora St
- 237 Calliope St
- 31925 S Coast Hwy
- 2607 Solana Way
- 2607 Solana Way Unit 7
- 595 Bluebird Canyon Dr