$4,995,000

Estimated payment $29,833/month

Total Views 18,072
4 Beds
4 Baths
2,752 Sq Ft
$1,815 Price per Sq Ft

Highlights

  • Ocean View
  • 0.32 Acre Lot
  • Hiking Trails
  • Top Of The World Elementary School Rated A
  • No HOA
  • 5-minute walk to Bluebird Park

About This Home

Discover an exceptional opportunity to own one of the most distinctive properties in Laguna Beach. 603 Pearl Street is set on an expansive 13,700+ square foot lot (.31 acre) with Design Review Approved Plans for a stunning new European inspired custom home—saving you years of time, cost, and uncertainty.

Securing design review approval in Laguna Beach is a lengthy and intricate process, often taking years. Here, that hard work is already complete. The thoughtfully crafted plans allow for a beautifully designed four-bedroom, four-and-a-half-bathroom home spanning approximately 3,100 square feet—strategically oriented to capture breathtaking panoramic ocean views and the verdant gardens of the lush landscaping. Surrounded by mature trees, winding pathways, and vibrant, layered greenery, the property evokes the charm of a hidden garden retreat.

Expertly designed to balance form, function, and timeless coastal style, the approved plans reflect a refined European influence—bringing elegance, warmth, and sophistication to every detail. This is a rare opportunity to personalize the final touches to suit your exact taste. The result will be a truly custom home—unlike anything else in Laguna Beach. Complementing the main residence is a beautifully re-imagined barn-style garage, now with a fully renovated ADU featuring all-new electrical, plumbing, kitchen, bathroom, flooring, and lighting. Perfect for guests, rental income, or immediate use while building the main house, the ADU adds both flexibility and value to this exceptional property.

The property is surrounded by lush, mature landscaping that creates a secret garden sanctuary—yet it remains just a short stroll from world-class beaches, shops, restaurants, and galleries. This location perfectly balances seclusion with walkable convenience to the best of Laguna Beach.

Whether you’re ready to build your dream coastal estate or simply invest in one of Laguna’s most valuable parcels, this property is truly one-of-a-kind. With design approvals secured and panoramic views waiting to be unveiled, 603 Pearl Street is your opportunity to fast-track your vision and enjoy the ultimate Laguna Beach lifestyle.

Listing Agent

Paulo Prietto

Compass Brokerage Phone: 949-375-6778 License #01878796 Listed on: 05/18/2025

Compass

Co-Listing Agent

Michael Johnson

Compass Brokerage Phone: 949-375-6778 License #01429647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,398

Year Built

  • Built in 1923

Lot Details

  • 0.32 Acre Lot
  • Landscaped
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Top Of The World Elementary School
  • Thurston Middle School

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 29 / P
  • Tax Tract Number 82
  • Assessor Parcel Number 64425329
  • $4,788 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Woods Cove Subdivision

Recreation

  • Water Sports
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,398

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64425329
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2752.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1815.04
  • Room Type: Primary Bathroom, Primary Bedroom

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Porch, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Ductless, Fireplace(s), Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Watersports, Storm Drains

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • Elementary School: Top Of The World
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13781.00
  • Lot Size Acres: 0.3164

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13781.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: P
  • Tax Census Tract: 626.20
  • Tax Lot: 29
  • Tax Tract Number: 82
  • TaxOtherAnnualAssessmentAmount: 4788.36

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $31,398 $2,498,684 $2,371,519 $127,165
2024 $31,398 $2,449,691 $2,325,019 $124,672
2023 $26,454 $2,401,658 $2,279,430 $122,228
2022 $25,458 $2,315,247 $2,234,735 $80,512
2021 $24,882 $2,270,792 $2,190,917 $79,875
2020 $8,176 $757,013 $730,342 $26,671
2019 $8,018 $742,170 $716,021 $26,149
2018 $7,851 $727,618 $701,981 $25,637
2017 $7,682 $713,351 $688,216 $25,135
2016 $7,524 $699,364 $674,721 $24,643
2015 $7,397 $688,859 $664,586 $24,273
2014 $7,243 $675,366 $651,568 $23,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 For Sale $4,995,000 0.0% $1,815 / Sq Ft
10/14/2023 10/14/23 Rented $5,800 0.0% --
08/04/2023 08/04/23 For Rent $5,800 +34.9% --
09/06/2022 09/06/22 Rented $4,300 0.0% --
08/12/2022 08/12/22 For Rent $4,300 0.0% --
06/22/2022 06/22/22 Rented $4,300 0.0% --
06/13/2022 06/13/22 For Rent $4,300 -25.9% --
02/05/2022 02/05/22 Rented $5,800 0.0% --
02/03/2022 02/03/22 Off Market $5,800 -- --
01/29/2022 01/29/22 For Rent $5,800 0.0% --
01/28/2022 01/28/22 Off Market $5,800 -- --
12/29/2021 12/29/21 For Rent $5,800 +28.9% --
04/28/2021 04/28/21 Rented $4,500 0.0% --
04/21/2021 04/21/21 For Rent $4,500 -22.4% --
01/04/2021 01/04/21 Rented $5,800 -1.7% --
12/28/2020 12/28/20 For Rent $5,900 +19.2% --
03/01/2014 03/01/14 Rented $4,950 0.0% --
03/01/2014 03/01/14 For Rent $4,950 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,200,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title Irvine
Interfamily Deed Transfer -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Open $1,555,000 New Conventional
Closed $1,200,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $717,000 Negative Amortization
Previous Owner $737,000 Unknown
Previous Owner $600,000 Unknown
Previous Owner $525,000 Purchase Money Mortgage
Closed $49,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG25108060

California Regional Multiple Listing Service (CRMLS)

APN: 644-253-29