Seller's Agent in 2025
Mark Christy
Berkshire Hathaway HomeServices California Properties
(949) 499-5900
11 in this area
36 Total Sales
245 Wave St Laguna Beach, CA 92651
North Laguna Neighborhood
8
Beds
9
Baths
4,000
Sq Ft
7,536
Sq Ft Lot
Highlights
- Ocean View
- New Construction
- Open Floorplan
- El Morro Elementary School Rated A+
- Custom Home
- Property is near public transit
About This Home
As of March 2025241 - 243- 245 WAVE. LARGE, LUXURY TRIPLEX. FLAWLESS CONTEMPORARY, FULLY REINVISIONED/RENOVATED MASTERPIECE PREMIER NORTH LAGUNA LOCATION, CLOSE TO SHAWS COVER/CRESCENT BAY, BEACHES, PARKS, SHOPS, RESTAURANTS, ETC. 3 LARGE UNITS WITH EXPANSIVE OCEAN VIEWS ON NEARLY DOUBLE LOT, QUIET STREET. ULTIMATE FAMILY COMPOUND OR 3 LUXURY PENTHOUSE-STYLE APARTMENTS ON HUGE LOT WITH MANICURED, IMPECCABLY DESIGNED, FULLY GATED GROUNDS. TWO 3BD/2.5 BA LUXURY UNITS WITH FIREPLACE, ONE 2BD/2.5BATH PENTHOUSE WITH VIEWS. 5 GARAGES PLUS 6 ADD'L OFFSTREET PRIVATE PARKING SPACES. BUILT FOR OWNER'S FAMILY AS A "FOREVER" INVESTMENT, NO EXPENSE WAS SPARED OR DETAIL OVERLOOKED. CUSTOM CABINETRY THROUGHOUT, TAJ MAHAL STONE COUNTERS, CUSTOM BATHS, ALL NEW: ELECTRICAL (INCLUDING NEW UNDERGROUND AND PANEL), PLUMBING (INCLUDING MAIN LINE, PEX), HVAC (INCLUDING CENTRAL AIR IN EACH UNIT), FIRE SPRINKLERS, DECKS, "FLOATING" IRON STAIRWAYS, SMOOTH STUCCO, STONE FIREPLACES, DUCHATEAU WOOD FLOORING, OPEN BEAM CEILINGS, EXPANSIVE "LA CANTINA" WALLS OF GLASS OPEN TO OVERSIZED DECKS, TWO CUSTOM FIREPITS, CUSTOM HARDSCAPE & LANDSCAPE. CODED GATES, 5 GARAGE SPACES FULLY FINISHED INCLUDING EPOXY FLOORING. EV VEHICLE CHARGERS IN EACH GARAGE. TANKLESS WATER HEATERS. EXPANSIVE OCEAN VIEWS. TOTAL PRIVACY AND LARGE LOT WITH BOTH PRIVATE AND COMMUNITY GATHERING SPACES. EACH UNIT COMES WITH IT'S OWN NEW LG WASHTOWER LAUNDRY UNIT. TOO MANY DETAILS TO LIST. INTERIOR FINISHES/TILE/LIGHTING DESIGNED BY TUVALU HOME. EACH UNIT HAS OPEN KITCHEN/GREAT ROOM CONCEPT WITH LARGE CENTRAL ISLAND. EACH UNIT HAS A DESIGNER POWDER ROOM. PRICED BELOW REPLACEMENT COST THE RENOVATION TOUCHED EVERY ELEMENT OF THE STRUCTURE AND PROPERTY AND TOOK 2 YEARS TO COMPLETE. SOFT-WHITE SMOOTH STUCCO WITH BLACK ACCENTS, NEW BLACK STANDING SEAM ROOF. LITERAL PERFECTION AND THE FINEST MULTI-UNIT PROPERTY IN LAGUNA BEACH. ALL UNITS ARE BRAND NEW, NEVER OCCUPIED AND READY FOR A NEW OWNER.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties Brokerage Email: mark@hobie.com License #00776546 Listed on: 11/18/2024
Co-Listed By
Berkshire Hathaway HomeServices California Properties Brokerage Email: mark@hobie.com License #02126524
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024 | New Construction
Lot Details
- 7,538 Sq Ft Lot
- Two or More Common Walls
- Fenced
- New Fence
- Rectangular Lot
- Level Lot
- Front and Side Yard Sprinklers
- Garden
- Back and Front Yard
Parking
- 6 Open Parking Spaces
- 5 Car Garage
- Parking Available
- Assigned Parking
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Triplex
- Custom Home
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Metal Roof
- Stone Siding
- Plaster
- Stucco
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Beamed Ceilings
- Cathedral Ceiling
- Sliding Doors
- Living Room with Fireplace
- Living Room with Attached Deck
- Living Room Balcony
Kitchen
- Built-In Range
- Range Hood
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 9 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Fire and Smoke Detector
- Fire Sprinkler System
Utilities
- Central Heating and Cooling System
- 220 Volts in Garage
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Additional Features
- Rain Gutters
- Property is near public transit
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 9 / H
- Tax Tract Number 481
- Assessor Parcel Number 05314323
- $2,924 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
- North Laguna Subdivision
Recreation
- Hiking Trails
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $640
- Water Sewer Expense $1,800
- New Taxes Expense $70,000
- Operating Expense $80,000
- Gross Income $312,000
- Net Operating Income $232,000
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2025 03/11/25 | Sold | $6,555,000 | -3.5% | $1,639 / Sq Ft |
| 12/09/2024 12/09/24 | Price Changed | $6,795,000 | -2.2% | $1,699 / Sq Ft |
| 11/18/2024 11/18/24 | For Sale | $6,950,000 | -- | $1,738 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $43,113 | $4,457,656 | $3,795,348 | $662,308 |
| 2024 | $43,113 | $4,010,239 | $3,720,930 | $289,309 |
| 2023 | $41,393 | $3,800,000 | $3,647,971 | $152,029 |
| 2022 | $13,199 | $1,033,147 | $839,032 | $194,115 |
| 2021 | $12,813 | $1,012,890 | $822,581 | $190,309 |
| 2020 | $12,532 | $1,002,505 | $814,147 | $188,358 |
| 2019 | $12,257 | $982,849 | $798,184 | $184,665 |
| 2018 | $11,983 | $963,578 | $782,533 | $181,045 |
| 2017 | $11,700 | $944,685 | $767,189 | $177,496 |
| 2016 | $11,434 | $926,162 | $752,146 | $174,016 |
| 2015 | $11,214 | $912,251 | $740,848 | $171,403 |
| 2014 | $10,971 | $894,382 | $726,336 | $168,046 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Christy
-
Tyler Alter
Seller Co-Listing Agent in 2025
Tyler Alter
Berkshire Hathaway HomeServices California Properties
(949) 371-3085
5 in this area
18 Total Sales
-
Danielle Purcell
Buyer's Agent in 2025
Danielle Purcell
Team Laguna Inc
(949) 874-3363
18 in this area
94 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG24236294
APN: 053-143-23
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 246 Fairview St
- 274 Grandview St
- 738 Cliff Dr
- 1105 N Coast Hwy
- 252 Chiquita St
- 1041 Marine Dr
- 284 Chiquita St
- 506 N Coast Hwy
- 455 Bonvue Terrace
- 1371 N Coast Hwy
- 1369 N Coast Hwy
- 1373 N Coast Hwy
- 22691 Allview Terrace
- 535 High Dr
- 530 High Dr
- 437 Cypress Dr
- 430 Cypress Dr
- 604 Allview Place
- 414 Cypress Dr
- 1569 N Coast Hwy Unit 3
- 241 Wave St
- 251 Wave St
- 231 Wave St
- 249 Wave St
- 243 Wave St
- 223 Wave St Unit 225 B
- 233 Wave St
- 225 Wave St Unit upper
- 225 Wave St Unit B
- 225 Wave St
- 234 Beverly St
- 261 Wave St
- 246 Beverly St
- 217 Wave St
- 230 Beverly St Unit 3
- 230 Beverly St Unit 2
- 230 Beverly St Unit 1
- 230 Beverly St
- 250 Beverly St
- 265 Wave St
Your Personal Tour Guide
Ask me questions while you tour the home.