NOT LISTED FOR SALE

794 Summit Dr Laguna Beach, CA 92651

Estimated Value: $4,388,000 - $6,296,767

3 Beds
2.5 Baths
4,241 Sq Ft
$1,284/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $4,050,000 $955 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $32,722/month

194 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Top Of The World Elementary School Rated A+
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of May 2023

Rising impressively above Summit Drive, the residence at 794 Summit is a surprisingly spacious and sophisticated home. Once inside, the sense of neighbors and the street below melts away and the gorgeous ocean views command your attention. The main level, accessible by elevator from the street level, is a study in gracious open living with pocketing doors allowing seamless indoor/outdoor living and access to a generously sized ocean view terrace. The upper level of the home hosts a sumptuous primary suite with an abundant private view deck, and a large fully finished home office with dual desks. Straddling a street-to-street parcel, the property comes with a rare commodity for view living in Laguna Beach – abundant parking with a two car garage and room for two additional vehicles below, and off-street private parking for up to four more vehicles above. The finish level and bespoke detail work is superb, creating a special environment that feels like no other home. The main-level kitchen, with media and breakfast rooms adjacent, plays exotic woods against high-end hard surfaces to create a stunning and functional heart of the home. Secondary bedrooms are on the entry level, nicely separated from the primary suite. The soaring staircase creates a wonderful focal point in the center of the residence – capped by a custom round skylight that fills the center of the home with sunshine. During the day, the home is awash in light. At night, the custom lighting adds nuance and drama to the home while the city lights come alive below. A custom stainless steel art fountain welcomes you to the home, and an additional unique water feature provides a focal point for one of the many outdoor spaces. This is not the ordinary – 794 Summit Drive is an extraordinary ocean view retreat that delights at every turn.

Last Agent to Sell the Property

Michael Johnson

Compass License #01429647 Listed on: 08/20/2022

Compass

Co-Listed By

Andrew Graff

Compass License #02024856

Last Buyer's Agent

Victoria Strombom

Surterre Properties License #00886773

Surterre Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 6,180 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Neighborhood

Interior Spaces

  • 4,241 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Recessed Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Utility Sink
  • Instant Hot Water

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Terrace

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Water Softener

Community Details

  • No Home Owners Association
  • Summit Ridge Subdivision

Listing and Financial Details

  • Tax Lot 228
  • Tax Tract Number 764
  • Assessor Parcel Number 64423423

Home Details

Home Type

Single Family

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Security System, Smoke Detector(s)
  • Subdivision Name Other: Summit Ridge (SR)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64423423
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4241.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Two Story Ceilings, Wet Bar, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Den, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 954.96
  • Room Type: Family Room, Formal Entry, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Terrace
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Off Street
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Warming Drawer, Water Line to Refrigerator, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6180.00
  • Lot Size Acres: 0.1419

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6180.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 228
  • Tax Tract Number: 764

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Mar 10, 2023
Sold by
William Blair Meixell Trust and Robert C Jakosh Trust
Bought by
319 Family Trust and Fox
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Victoria Strombom
Surterre Properties
List Price
$4,450,000
Sold Price
$4,050,000
Premium/Discount to List
-$400,000
-8.99%
Views
93
Current Estimated Value
$5,616,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,566,899
Avg. Annual Appreciation
11.53%
Original Mortgage
$2,700,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2002
Sold by
Meixell William Blair and Jakosh Robert C
Bought by
Meixell William Blair and Jakosh Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,900
Interest Rate
5.62%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Meixell William Blair and Jakosh Robert C
Bought by
Meixell William Blair and Jakosh Robert C

Purchase Details

Closed on
Oct 31, 1995
Sold by
Hansen T Robert T
Bought by
Meixell William Blair and Jakosh Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
319 Family Trust $4,017,000 California Best Title
Meixell William Blair -- --
Meixell William Blair -- --
Meixell William Blair -- Chicago Title Co
Meixell William Blair $625,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 319 Family Trust $2,700,000
Previous Owner Meixell William Blair $699,900
Previous Owner Meixell William Blair $562,500
Closed Meixell William Blair $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Sold $4,050,000 -9.0% $955 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
08/22/2022 08/22/22 For Sale $4,450,000 -- $1,049 / 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 $43,692 $4,179,286 $3,325,540 $853,746
2024 $43,692 $4,097,340 $3,260,334 $837,006
2023 $12,413 $997,972 $299,320 $698,652
2022 $12,160 $978,404 $293,451 $684,953
2021 $11,921 $959,220 $287,697 $671,523
2020 $12,171 $949,385 $284,747 $664,638
2019 $13,070 $930,770 $279,164 $651,606
2018 $12,872 $912,520 $273,690 $638,830
2017 $12,660 $894,628 $268,324 $626,304
2016 $12,999 $877,087 $263,063 $614,024
2015 $9,554 $863,913 $259,112 $604,801
2014 $9,358 $846,991 $254,037 $592,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22178326

California Regional Multiple Listing Service (CRMLS)

APN: 644-234-23