NOT LISTED FOR SALE

25 Blue Lagoon Laguna Beach, CA 92651

Estimated Value: $2,887,386 - $3,582,000

3 Beds
3 Baths
1,700 Sq Ft
$1,991/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $3,100,000 $1,824 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $20,560/month

104 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Heated Pool
  • Ocean Side of Highway 1

About This Home

As of February 2024

Welcome to the stunning oceanfront gated community of Blue Lagoon in Laguna Beach! New project from Clark Collins at Collins Design & Development.This updated and remodeled home boasts high-end finishes and a prime location that is sure to impress. With 3 bedrooms and 3 baths, this home offers the perfect balance of space and luxury. Step inside to discover new wide plank oak hardwood floors that exude elegance throughout. The interior features have been thoughtfully upgraded, including new plumbing and electrical systems, all new paint and interior moldings, and an upgraded 200 AMP electrical panel. Stay comfortable year-round with the new ducted HVAC system that provides both heat and air conditioning. The kitchen and bathrooms are adorned with honed Bianca Carrara marble counters, adding a touch of sophistication to the space. The guest bathrooms have been completely transformed with Moroccan tile floors, Kohler sinks, and Newport Brass plumbing fixtures. For the aspiring chef, the kitchen is a dream come true with a Bertazzoni Master Series induction range, Bosch panel-front dishwasher, Sub-Zero panel-front refrigerator, panel-front undercounter beverage center, and a Sharp in-drawer microwave. The convenience continues with an Electrolux stacking washer and dryer. Enjoy the breathtaking views from the new windows and sliders throughout the home. Custom cabinetry and closets from California Closets provide ample storage space, while designer lighting fixtures add a touch of glamour. Tongue and groove ceilings, new interior doors and hardware, and a SmartTint upgrade on the Master Bath windows are just a few more of the impressive features this home offers. Located in the prestigious gated community of Blue Lagoon on Victoria Beach, this home is nestled on the oceanside of Coast Highway. With the Montage and the shopping center and dining nearby featuring Starfish and Gelsen's, you'll have everything you need right at your fingertips. The community amenities include swimming pools, a tennis court, and a large grassy area for outdoor enjoyment. Guest parking is available for added convenience. Don't miss your chance to own this exquisite home in the highly sought-after Blue Lagoon community. Schedule your private showing today and experience coastal living at its finest

Last Agent to Sell the Property

Diane Cannon

Compass License #01090918 Listed on: 10/30/2023

Compass

Co-Listed By

Ken Hanzlik

Compass License #01904189

Last Buyer's Agent

Ingrid Sacerio

The Agency License #01905431

The Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,174

Year Built

  • Built in 1964

Lot Details

  • 1,027 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $830 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Living Room

Kitchen

  • Updated Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 5263
  • Assessor Parcel Number 65618225
  • $1,200 per year additional tax assessments

Community Details

Overview

  • 119 Units
  • Blue Lagoon Association, Phone Number (949) 715-7291
  • Blue Lagoon Subdivision

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Controlled Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,174

Year Built

Built in 1964

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Blue Lagoon (BL)
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 65618225
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1700.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1823.53
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Spa Features: Association
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Water
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Picnic Area, Dog Park, Tennis Court(s), Recreation Room, Pet Rules, Management, Controlled Access
  • Association Fee: 830.00
  • Association Fee Frequency: Monthly
  • Association Name: Blue Lagoon
  • Phone: (949)715-7291
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Storm Drains, Street Lights
  • Association Management: Blue Lagoon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1027.00
  • Lot Size Acres: 0.0236

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1027.0000 Square Feet
  • Number Of Units In Community: 119
  • Number Of Units Total: 119
  • Waterfront Features: Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 25
  • Tax Tract Number: 5263
  • TaxOtherAnnualAssessmentAmount: 1200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 9, 2024
Sold by
Collins Financial Services
Bought by
Paye Matthew and Paye Clara
Seller's Agent
Diane Cannon
Compass
Buyer's Agent
Ingrid Sacerio
The Agency
List Price
$3,299,000
Sold Price
$3,100,000
Premium/Discount to List
-$199,000
-6.03%
Views
257
Current Estimated Value
$3,384,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,347
Avg. Annual Appreciation
5.43%
Original Mortgage
$2,325,000
Outstanding Balance
$2,283,835
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,100,512

Purchase Details

Listed on
Mar 29, 2023
Closed on
Apr 5, 2023
Sold by
Thomas F And Nancy L Gilmartin Trust
Bought by
Collins Financial Llc
Seller's Agent
Paul Marchi
Engel & Völkers
Buyer's Agent
Ken Hanzlik
Compass
List Price
$2,200,000
Sold Price
$2,180,000
Premium/Discount to List
-$20,000
-0.91%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.20%

Purchase Details

Closed on
Jan 12, 2022
Sold by
Louise Gilmartin Nancy
Bought by
Thomas F And Nancy L Gilmartin Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Paye Matthew $3,100,000 Chicago Title
Collins Financial Llc $2,180,000 Chicago Title Company
Thomas F And Nancy L Gilmartin Trust -- Nunheimer David C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paye Matthew $2,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $3,100,000 -6.0% $1,824 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
10/30/2023 10/30/23 For Sale $3,299,000 +51.3% $1,941 / Sq Ft
04/13/2023 04/13/23 Sold $2,180,000 -0.9% $1,282 / Sq Ft View Prior Sale
03/31/2023 03/31/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $2,200,000 -- $1,294 / 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 $24,174 $3,162,000 $3,026,115 $135,885
2024 $24,174 $2,223,600 $2,102,920 $120,680
2023 $23,506 $2,180,000 $2,068,139 $111,861
2022 $2,488 $127,090 $65,901 $61,189
2021 $2,560 $124,599 $64,609 $59,990
2020 $2,430 $123,322 $63,947 $59,375
2019 $2,375 $120,904 $62,693 $58,211
2018 $2,267 $118,534 $61,464 $57,070
2017 $2,175 $116,210 $60,259 $55,951
2016 $2,103 $113,932 $59,078 $54,854
2015 $1,909 $112,221 $58,190 $54,031
2014 $1,887 $110,023 $57,050 $52,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23198966

California Regional Multiple Listing Service (CRMLS)

APN: 656-182-25