NOT LISTED FOR SALE

Estimated Value: $5,534,277 - $5,909,000

3 Beds
3.5 Baths
2,724 Sq Ft
$2,094/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $5,400,000 $1,982 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $33,934/month

27 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • No HOA
  • El Morro Elementary School Rated A+
  • All Bedrooms Downstairs
  • Hiking Trails

About This Home

As of September 2024

Meticulously redeveloped six years ago, this residence features an upscale modern farmhouse aesthetic, breathtaking 180-degree ocean views from every room, and a newly built ocean-facing pool, hot tub, and entertainment deck. Perched in the quaint community of South Laguna, 31561 Mar Vista Avenue offers a rare blend of coastal luxury and casual comfort. The home's interior embraces high design and modern amenities, with an open floor plan, vaulted ceilings, engineered wood floors, exposed brick accents, shiplap walls, and a gas fireplace enclosed by Austin Stone. On the main level, a chef’s dream will come true when they cook as the sunset fills the kitchen, which features Thermador professional line appliances, quartz countertops, a wine fridge, a large island, and a convenient pot filler over the stove. From the kitchen, French doors lead to the large front patio while fully retractable doors open to an ocean-facing deck. On the lower level, the primary suite has a spa-like bathroom and a large walk-in closet. This level also includes a guest bedroom with an ensuite bathroom, an additional guest bedroom, a full bathroom, and a laundry room with a sink—all with ocean views. Entertain effortlessly with the $1 million+ Austin Stone trimmed pool supported by caissons, which took over five years to complete. The outdoor entertainment area is coupled with a retractable TV that comes out of the deck and a fire pit. Pool parties and movie nights can finally be enjoyed at the same time! The lot is adorned with olive trees, California pepper trees, Mexican feather grass, and offers a beautiful private sanctuary for relaxation and enjoyment. This residence also features multiple living areas, a new roof, direct garage access, recently replaced the sewer line, and Control4 smart home technology with multiple-zoned sound systems and Josh.AI voice command capabilities, elevating the living experience to new heights. Come experience the epitome of Laguna Beach living in this exquisite home. Conveniently located between West Street Beach, Table Rock Beach, and Thousand Steps Beach, near hiking trails, shops and restaurants, Downtown Laguna Beach, and the Dana Point Harbor.

Last Agent to Sell the Property

Todd Davis

Compass Brokerage Phone: 949-447-4444 License #01969131 Listed on: 06/29/2024

Compass

Co-Listed By

Jorge Anzaldi

Compass Brokerage Phone: 949-447-4444 License #02178002

Last Buyer's Agent

Ben Pinel

Compass License #02037124

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,756

Year Built

  • Built in 1962

Lot Details

  • 6,831 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,724 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 1020
  • Assessor Parcel Number 05609303
  • $3,298 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • South Laguna Village Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,756

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05609303
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2724.00 Square Feet
  • Stories: 2
  • Entry Location: Front of Home
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1982.38
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room
  • Spa Features: Private

Exterior Features

  • View: Catalina, Ocean, Panoramic
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6831.00
  • Lot Size Acres: 0.1568

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6831.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 7
  • Tax Tract Number: 1020
  • TaxOtherAnnualAssessmentAmount: 3298.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Giacobetti Frank
Bought by
Giacobetti Frank Bernard and Hang Ten Trust
Current Estimated Value
$5,703,819

Purchase Details

Closed on
Jan 2, 2018
Sold by
Alter Jeffrey L and Alter Laurie
Bought by
Giacobetti Frank and Giacobetti Frank

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jun 30, 2016
Sold by
Kemmerer Lorna K J and Lum Wesley S C
Bought by
Alter Jeffrey L and Alter Laurie
Seller's Agent
Julie Hile
Superior Real Estate Network
Buyer's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
List Price
$1,888,000
Sold Price
$1,837,500
Premium/Discount to List
-$50,500
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$1,286,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2009
Sold by
Lum Fannie L
Bought by
Lum Fannie L and Trust A & B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Giacobetti Frank Bernard -- None Available
Giacobetti Frank $3,695,000 Lawyers Title Co
Alter Jeffrey L $1,875,000 Lawyers Title Insurance Corp
Lum Fannie L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giacobetti Frank Bernard $625,000
Closed Giacobetti Frank $726,500
Previous Owner Alter Jeffrey L $1,286,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $5,400,000 -5.2% $1,982 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $5,695,000 +54.1% $2,091 / Sq Ft
03/30/2018 03/30/18 Sold $3,695,000 0.0% $1,478 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $3,695,000 +101.1% $1,478 / Sq Ft
07/25/2016 07/25/16 Sold $1,837,500 -2.7% $1,020 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $1,888,000 0.0% $1,048 / Sq Ft
06/14/2016 06/14/16 For Sale $1,888,000 +2.7% $1,048 / Sq Ft
06/02/2016 06/02/16 Off Market $1,837,500 -- --
06/01/2016 06/01/16 For Sale $1,888,000 -- $1,048 / 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 $45,756 $4,488,638 $3,725,569 $763,069
2024 $45,756 $4,257,656 $3,662,619 $595,037
2023 $44,136 $4,041,021 $3,590,803 $450,218
2022 $43,407 $3,961,786 $3,520,395 $441,391
2021 $42,961 $3,884,104 $3,451,367 $432,737
2020 $42,040 $3,844,278 $3,415,978 $428,300
2019 $41,236 $3,768,900 $3,348,998 $419,902
2018 $24,589 $2,135,696 $1,767,477 $368,219
2017 $21,253 $1,837,500 $1,732,821 $104,679
2016 $3,547 $100,151 $47,595 $52,556
2015 $3,329 $98,647 $46,880 $51,767
2014 $3,341 $96,715 $45,962 $50,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24133189

California Regional Multiple Listing Service (CRMLS)

APN: 056-093-03