$4,000,000
SOLD JUL 16, 2024
4 Beds
3 Baths
3,440 Sq Ft
8,268 Sq Ft Lot

Recently Sold

$1,163 Per Sq Ft

13% Below List Price

103 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Top Of The World Elementary School Rated A
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of July 2024

Welcome to the epitome of luxury living in the prestigious Top of the World neighborhood of Laguna Beach. This stunning remodeled home seamlessly blends contemporary elegance with coastal charm, offering an unparalleled living experience.

As you step inside, you are immediately greeted by an abundance of natural light flooding through the expansive windows, highlighting the open-concept floor plan and showcasing breathtaking panoramic views of the sparkling Pacific Ocean, vibrant city lights, and majestic sunsets.
The main level features a spacious living room adorned with a modern fireplace, perfect for cozy gatherings. Adjacent to the living room, you'll find the gourmet chef's kitchen, complete with top-of-the-line stainless steel appliances, sleek quartz countertops, and ample storage space. The kitchen seamlessly flows into the dining area, creating an ideal space for entertaining friends and family.

This home boasts multiple outdoor areas, including a large balcony and a private backyard oasis, providing the perfect setting for al fresco dining, relaxation, and soaking in the coastal beauty. The beautifully landscaped yard features lush greenery, a soothing fountain, and a fire pit, creating a tranquil retreat.

The master suite is a sanctuary of its own, offering a serene escape with panoramic ocean views, a private balcony, and a luxurious en-suite bathroom. The en-suite bathroom features dual sinks, a walk-in shower, and a separate soaking tub, exuding spa-like vibes.

Additional features of this magnificent home include marble flooring, recessed lighting, custom built-ins, a dedicated laundry room, and a two-car garage with ample storage space.

Situated in the highly sought-after Top of the World neighborhood, this home offers close proximity to award-winning schools, stunning hiking trails, and the vibrant dining, shopping, and art scene of Laguna Beach. With its unparalleled craftsmanship, breathtaking views, and exceptional location, this remodeled home in Top of the World presents a truly extraordinary coastal living experience.

Last Agent to Sell the Property

Richard Dewey

Pacific Sotheby’s International Realty Brokerage Phone: 949-355-3223 License #01988199 Listed on: 02/24/2024

Pacific Sotheby’s International Realty

Last Buyer's Agent

Sanjiv Gunasekara

Darryl Boyd License #01226986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,140

Year Built

  • Built in 1960

Lot Details

  • 8,268 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Bluff
  • Canyon

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Convection Oven
  • Six Burner Stove

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Closet In Bathroom

Outdoor Features

  • Open Patio
  • Front Porch

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 1954
  • Assessor Parcel Number 64113304
  • $1,178 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Top Of The World Subdivision
  • Foothills

Recreation

  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,140

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Top Of The World (TOW)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64113304
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3440.00 Square Feet
  • Stories: 2
  • Entry Location: street
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1162.79
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Primary Bath
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Bluff, Canyon, Catalina, City Lights, Coastline, Ocean, Panoramic, Water
  • Patio And Porch Features: Patio Open, Porch, Front Porch, Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Foothills, Hiking, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8268.00
  • Lot Size Acres: 0.1898
  • Latitude Manual: 33.54555500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8268.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.19
  • Tax Lot: 81
  • Tax Tract Number: 1954
  • TaxOtherAnnualAssessmentAmount: 1178.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Jun 18, 2024
Sold by
2855 Chateau Way Llc
Bought by
Vishramal And Manil Gunasekara Family Trust and Gunasekara
Seller's Agent
Richard Dewey
Pacific Sotheby’s International Realty
Buyer's Agent
Sanjiv Gunasekara
Darryl Boyd
List Price
$4,595,000
Sold Price
$4,000,000
Premium/Discount to List
-$595,000
-12.95%
Total Days on Market
103
Views
105
Current Estimated Value
$3,897,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,482
Avg. Annual Appreciation
-2.91%
Original Mortgage
$2,000,000
Outstanding Balance
$1,931,701
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$1,965,817

Purchase Details

Closed on
Sep 7, 2022
Sold by
Keshvar Pajouh Vahid
Bought by
2855 Chateau Way Llc

Purchase Details

Closed on
Aug 29, 2022
Sold by
Farzaneh Abravani
Bought by
2855 Chateau Way Llc

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 1, 2020
Sold by
Dorber Barbara Anne and Barbara Anne Dorber Trust
Bought by
Abravani Farzaneh
Seller's Agent
Marji Hughes
Realty One Group West
Buyer's Agent
Richard Dewey
Pacific Sotheby’s International Realty
List Price
$3,395,000
Sold Price
$2,946,000
Premium/Discount to List
-$449,000
-13.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Dorber Barbara Anne
Bought by
Dorber Barbara Anne and Barbara Anne Dorber Trust

Purchase Details

Closed on
Oct 25, 2017
Sold by
Cadalso Robert T and Dorber Barbara A
Bought by
Cadalso Barabara Anne and The Barabara Anne Dorber Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 10, 2017
Sold by
Cadalso Robert T and Dorber Barbara Anne
Bought by
Dorber Barbara Anne and The Barbara Anne Dorber Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2013
Sold by
Dorber Barbara Anne
Bought by
Dorber Barbara Anne and Barbara Anne Dorber Trust

Purchase Details

Closed on
Feb 26, 2007
Sold by
Restaino John M
Bought by
Cadalso Robert T and Dorber Barbara Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,750
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 2005
Sold by
Restaino John
Bought by
Restaino John M and John M Restaino Trust

Purchase Details

Closed on
Mar 4, 2005
Sold by
Restaino Deborah
Bought by
Restaino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2005
Sold by
Hogan James B and Hogan Judy D
Bought by
Restaino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Hogan James B and Hogan Judy D
Bought by
Hogan James B and Hogan Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.51%

Purchase Details

Closed on
Jul 18, 2001
Sold by
Hogan James B and Hogan Judy D
Bought by
Hogan James B and Hogan Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 1997
Sold by
Hogan James B and Hogan Judy D
Bought by
Hogan James B and Hogan Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,250
Interest Rate
7.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 1997
Sold by
Hogan James B and Hogan Judy D
Bought by
Hogan James B and Hogan Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
8.25%

Purchase Details

Closed on
Apr 11, 1997
Sold by
Hogan James B and Hogan Judy D
Bought by
Hogan James B and Hogan Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Hogan James B and Hogan Judy D
Bought by
Hogan James B and Hogan Judy D
Source: Public Records

Similar Homes in Laguna Beach, CA

  • 1195 La Mirada St, Laguna Beach, CA 92651

    $4,549,000

    • 4 Beds
    • 3.5 Baths
    • 3,071 Sq Ft
    • 1195 La Mirada St
    • Laguna Beach, CA

    PRICE REDUCTION!! This home is perched on an expansive double lot with a side easement, this stunning Mark Singer original, ocean view home in Laguna Beach, is truly exceptional. Originally inspired by the lines of a piano and the flow of music, this recently remodeled 4-bedroom, 3.5-bath masterpiece offers a seamless blend of artistry and luxury. Window walls in the living room and kitchen offer

    Kelly Schmit Fredericks Realty

    Section Image
  • 741 Marlin, Laguna Beach, CA 92651

    $3,188,000

    • 4 Beds
    • 2.5 Baths
    • 2,662 Sq Ft
    • 741 Marlin
    • Laguna Beach, CA

    Rare Coastal Opportunity in Laguna Beach’s Coveted Portafina Neighborhood741 Marlin Drive - Welcome to this hidden gem nestled in the highly sought-after Portafina community—a peaceful, ocean-view enclave perched above Victoria Beach. This 4-bedroom, 2.5-bath soft contemporary home is situated on a quiet, single-loaded cul-de-sac, offering a unique blend of privacy, architectural character, and

    Kelly Schmit Fredericks Realty

    Section Image
  • 2888 Bernard Ct, Laguna Beach, CA 92651

    $3,050,000

    • 4 Beds
    • 2.5 Baths
    • 2,610 Sq Ft
    • 2888 Bernard Ct
    • Laguna Beach, CA

    Enjoy breathtaking ocean views from this beautifully reimagined residence in Laguna Beach’s highly sought-after Top of the World neighborhood. Perched on a generous corner lot at the end of a tranquil cul-de-sac, this home is thoughtfully positioned to capture stunning ocean, canyon, and city-light vistas. Epic sunrise and sunset views bring everyday enchantment to this indoor-outdoor sanctuary.

    Meital Taub Livel Real Estate

    Section Image
  • 2964 Mountain View Dr, Laguna Beach, CA 92651

    $3,195,000

    • 4 Beds
    • 2 Baths
    • 1,708 Sq Ft
    • 2964 Mountain View Dr
    • Laguna Beach, CA

    Location and charm unite in this rare-to-market, four-bedroom, single level residence in Laguna Beach’s Top Of The World neighborhood. Set on a private 8,000+ square-foot flat parcel, the outdoor space provides exceptional tranquility, with lush landscaping and captivating views of the mountains, valley, and city lights. This home is a serene retreat for those who cherish privacy and the

    Spencer Wall Pacific Sotheby’s International Realty

    Section Image
  • 2240 Hillview Dr, Laguna Beach, CA 92651

    $3,750,000

    • 4 Beds
    • 2.5 Baths
    • 3,214 Sq Ft
    • 2240 Hillview Dr
    • Laguna Beach, CA

    Discover modern coastal living in this beautifully remodeled, ocean view, 4-bedroom, 2.5-bath home nestled in Laguna Beach’s sought-after Park Avenue Estates neighborhood. Designed for seamless indoor-outdoor living, the open-concept layout centers around a serene courtyard and features a sleek kitchen, open concept living room, high ceilings, lots of windows and abundant natural light. The

    Brittany Soroudi Keller Williams OC Coastal Realty

    Section Image
  • 1981 San Remo Dr, Laguna Beach, CA 92651

    $3,500,000

    • 4 Beds
    • 3 Baths
    • 2,069 Sq Ft
    • 1981 San Remo Dr
    • Laguna Beach, CA

    Tucked away on a quiet street just off Temple Hills Drive, this private 4-bedroom home offers stunning panoramic ocean views from the comfort of the living room. The spacious living area is anchored by a cozy fireplace, with a large bay window at the front and sliding glass doors that open to an adjoining patio—perfect for indoor-outdoor living. Three bedrooms are conveniently located on the main

    Kelly Perkins Compass

    Section Image
  • 1961 San Remo Dr, Laguna Beach, CA 92651

    $4,252,500

    • 3 Beds
    • 2.5 Baths
    • 2,430 Sq Ft
    • 1961 San Remo Dr
    • Laguna Beach, CA

    A rare opportunity to own a mid-century modern coastal estate, 1961 San Remo Drive, Laguna Beach offers breathtaking panoramic ocean views spanning white-water vistas to Catalina and San Clemente Island. Perched on a secluded street in the Laguna Beach hills, this 2,430 sq. ft. home seamlessly blends modern luxury with vintage charm, creating an ideal retreat in one of Southern California’s most

    Todd Wohl Premiere Estates International Real Estate

    Section Image
  • 1445 Mar Vista Way, Laguna Beach, CA 92651

    $4,495,000

    • 4 Beds
    • 3.5 Baths
    • 3,064 Sq Ft
    • 1445 Mar Vista Way
    • Laguna Beach, CA

    Capturing the elusive essence of Laguna Beach’s world-famous lifestyle, this custom contemporary residence is perfectly positioned to showcase breathtaking views from every level. Step into a sanctuary of sophisticated design and coastal serenity in this exceptional pool home, situated at the end of a cul-de-sac in an idyllic setting—an architectural gem in Laguna Village. Set on a sprawling

    Meital Taub Livel Real Estate

    Section Image
  • 1450 Terrace Way, Laguna Beach, CA 92651

    $4,150,000

    • 4 Beds
    • 3 Baths
    • 2,440 Sq Ft
    • 1450 Terrace Way
    • Laguna Beach, CA

    1450 Terrace Way offers a front-row seat to Laguna’s legendary coastline—perched just above the village in the coveted lower Temple Hills neighborhood. With panoramic ocean vistas from all main living spaces, this home is perfectly positioned for sunset dinners, enjoying the ocean breeze, and year-round coastal living. Architecturally distinctive, the residence is located on a peaceful one-way

    Michael Johnson Compass

    Section Image

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 Type Sale Price Title Company
Grant Deed $3,910,000 First American Title
Quit Claim Deed -- --
Grant Deed -- --
Grant Deed $2,814,000 Ticor Title Company Of Ca
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Service Link
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed -- Ticor Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $2,200,000 Chicago Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,100,000 New Conventional
Previous Owner $300,000 Stand Alone Second
Previous Owner $2,300,000 New Conventional
Previous Owner $518,750 Credit Line Revolving
Previous Owner $1,500,000 Negative Amortization
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $360,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $400,000 No Value Available
Previous Owner $125,000 Credit Line Revolving
Previous Owner $372,250 Unknown
Previous Owner $65,000 Stand Alone Second
Previous Owner $373,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $4,000,000 -5.9% $1,163 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $4,250,000 -5.5% $1,235 / Sq Ft
03/26/2024 03/26/24 Price Changed $4,495,000 -2.2% $1,307 / Sq Ft
02/24/2024 02/24/24 For Sale $4,595,000 +56.0% $1,336 / Sq Ft
01/19/2021 01/19/21 Sold $2,946,000 -1.8% $784 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $3,000,000 -6.2% $799 / Sq Ft
10/25/2020 10/25/20 Price Changed $3,199,000 -1.4% $851 / Sq Ft
10/12/2020 10/12/20 Price Changed $3,245,000 -3.0% $864 / Sq Ft
10/06/2020 10/06/20 Price Changed $3,345,000 -1.5% $890 / Sq Ft
09/28/2020 09/28/20 For Sale $3,395,000 -- $904 / 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
2024 $26,140 $2,483,226 $2,103,517 $379,709
2023 $25,837 $2,434,536 $2,062,272 $372,264
2022 $25,290 $2,386,800 $2,021,835 $364,965
2021 $23,034 $2,164,191 $1,888,875 $275,316
2020 $22,731 $2,142,000 $1,869,507 $272,493
2019 $22,316 $2,100,000 $1,832,850 $267,150
2018 $25,315 $2,397,957 $2,130,807 $267,150
2017 $25,277 $2,397,957 $2,130,807 $267,150
2016 $25,183 $2,390,139 $2,130,807 $259,332
2015 $25,043 $2,390,139 $2,130,807 $259,332
2014 $24,449 $2,322,240 $2,089,068 $233,172
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: LG24036361

California Regional Multiple Listing Service (CRMLS)

APN: 641-133-04