Seller's Agent in 2025
Shauna Covington
Berkshire Hathaway HomeServices California Properties
(949) 412-8088
6 in this area
96 Total Sales
2125 Ocean Way Laguna Beach, CA 92651
Woods Cove Neighborhood
4
Beds
4.5
Baths
4,710
Sq Ft
10,400
Sq Ft Lot
Highlights
- White Water Ocean Views
- Heated Spa
- Primary Bedroom Suite
- El Morro Elementary School Rated A+
- Sauna
- 1-minute walk to Ruby Street Park
About This Home
As of September 2025This once-in-a-lifetime oceanfront estate in the heart of Laguna Beach offers an extraordinary opportunity to own a legacy property with its own peninsula expanding out to the sea. The home featuring approximately 4,700 square feet, 4 bedrooms, 4.5 bathrooms, and 2 dedicated offices, one of which was formerly the creative workspace of Stephen J. Cannell, the legendary writer, director, and producer behind some of television’s most iconic shows and the author of over 100 books. This was the Cannell family’s cherished beachside estate, a place where creativity and coastal serenity came together. The property sits on a spectacular lot with private gates, a large grassy lawn front and back, sparkling spa, barbecue island, and exclusive steps down to your own peninsula extending into the Pacific Ocean. Recently renovated throughout, the home boasts new hardwood flooring, designer lighting and fixtures, brand-new HVAC. The gourmet kitchen is a dream, outfitted with an oversized quartz island, Thermador appliance package, wine cooler, warming oven, Shaws farmhouse sink, and custom cabinetry, perfect for entertaining or everyday living. The primary suite encompasses the entire upper level, featuring a retreat/office, a private deck with sweeping coastline views from Palos Verdes to San Diego, and a spa-inspired bathroom with a new soaking tub, shower, new counters and flooring, modern fixtures, and a private sauna. The lower level includes two additional bedrooms, a full second kitchen, and its own spacious great room area, ideal for hosting guests or multigenerational living. All of this is just a short distance to Laguna Village, where you’ll find galleries, fine dining, and boutique shopping. This is more than a home, it’s a true piece of coastal history.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 949-412-8088 License #00991380 Listed on: 07/14/2025
Co-Listed By
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 949-412-8088 License #02109969
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $95,567
Year Built
- Built in 1947 | Remodeled
Lot Details
- 10,400 Sq Ft Lot
- Landscaped
- Sprinkler System
- Private Yard
- Lawn
- Garden
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
Property Views
- White Water Ocean
- Catalina
- Panoramic
- City Lights
- Bluff
- Neighborhood
Home Design
- Custom Home
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 4,710 Sq Ft Home
- 3-Story Property
- Wired For Sound
- Circulating Fireplace
- Gas Fireplace
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Open Floorplan
- Dining Room
- Home Office
- Bonus Room
- Sauna
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Farmhouse Sink
- Utility Sink
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Retreat
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Quartz Bathroom Countertops
- Stone Bathroom Countertops
- Tile Bathroom Countertop
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Multiple Shower Heads
- Separate Shower
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Living Room Balcony
- Open Patio
- Outdoor Grill
Location
- Property is near a park
Schools
- Top Of The World Elementary School
- Thurston Middle School
Utilities
- Zoned Heating and Cooling
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / A
- Tax Tract Number 23
- Assessor Parcel Number 64428102
- $987 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Woods Cove Subdivision
Recreation
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2020
Sold by
Cannell Marcia F and Mckiernan Tawnia
Bought by
Cannell Marcia F and The Cannell Family Irrevocable
Purchase Details
Closed on
Apr 13, 2012
Sold by
Cannell Marcia F and Mckiernan Tawnia
Bought by
Cannell Marcia F and Mckiernan Tawnia
Purchase Details
Closed on
May 14, 1999
Sold by
Liascos Basil A and Liascos Janice R
Bought by
Cannell Stephen J and Cannell Marcia F
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $5,150,000 | Chicago Title Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $20,000,000 | 0.0% | $4,246 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $20,000,000 | -- | $4,246 / Sq Ft |
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 | $95,567 | $11,561,683 | $10,984,895 | $576,788 |
| 2024 | $95,567 | $9,311,229 | $8,923,818 | $387,411 |
| 2023 | $93,674 | $9,128,656 | $8,748,841 | $379,815 |
| 2022 | $91,857 | $8,949,663 | $8,577,295 | $372,368 |
| 2021 | $77,059 | $7,493,815 | $7,223,339 | $270,476 |
| 2020 | $76,199 | $7,416,976 | $7,149,273 | $267,703 |
| 2019 | $74,868 | $7,271,546 | $7,009,092 | $262,454 |
| 2018 | $73,399 | $7,128,967 | $6,871,659 | $257,308 |
| 2017 | $71,941 | $6,989,184 | $6,736,921 | $252,263 |
| 2016 | $70,571 | $6,852,142 | $6,604,825 | $247,317 |
| 2015 | $69,506 | $6,749,217 | $6,505,614 | $243,603 |
| 2014 | $68,174 | $6,617,010 | $6,378,178 | $238,832 |
Source: Public Records
Agents Affiliated with this Home
-
Shauna Covington
-
Leita Covington
Seller Co-Listing Agent in 2025
Leita Covington
Berkshire Hathaway HomeServices California Properties
(949) 395-3037
2 in this area
28 Total Sales
-
Spencer Wall
Buyer's Agent in 2025
Spencer Wall
Pacific Sotheby’s International Realty
(949) 375-7768
4 in this area
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG25155939
APN: 644-281-02
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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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