$2,220,000 - $2,796,000
RENTED MAR 18, 2025

862 Summit Dr Laguna Beach, CA 92651

Summit Ridge Neighborhood
4 Beds
3 Baths
2,445 Sq Ft
$998 Price per Sq Ft

Last Sold October 30, 2024

Last sale price $2,171,000 $888 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,969/month

About This Home

As of October 2024

Welcome to this breathtaking 4-bedroom, 3-bathroom home, perfectly situated just moments from the beach and downtown Laguna. Offering sweeping ocean views, this property is a true coastal retreat. The spacious, light-filled home features vaulted ceilings, creating an airy and open atmosphere. The main level is home to a luxurious primary suite, providing a peaceful sanctuary with ocean views and easy access to the private spa. The beautifully designed kitchen and living areas flow seamlessly, making this home perfect for both relaxation and entertaining. The lower level offers three additional bedrooms, providing ample space for family or guests. Step outside to enjoy a massive wrap-around deck, perfect for soaking in the sun, entertaining, or simply enjoying the coastal breeze. Adding to the appeal, this home includes an attached studio with its own private entrance—ideal for guests, a home office, gym or another bedroom. With its prime location close to the beach, downtown Laguna, and all the best amenities, this home truly offers the best of coastal living. Don’t miss out on the opportunity to lease this rare gem! OWNER MAY CONSIDER RENTING HOME FURNISHED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Sep 13, 2024
Sold by
Gufarotti Jeffrey G and Gufarotti Madelynn G
Bought by
Behzad And Tavassol Family Trust and Farahi
Seller's Agent
Amanda Horton
Engel & Völkers
Buyer's Agent
Lisa Zahm
First Team Real Estate
List Price
$2,299,000
Sold Price
$2,171,000
Premium/Discount to List
-$128,000
-5.57%
Views
70
Current Estimated Value
$2,441,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,156
Avg. Annual Appreciation
22.41%
Original Mortgage
$1,628,250
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2007
Sold by
Gufarotti Jeffrey G and Gufarotti Madelynn G
Bought by
Gufarotti Jeffrey G and Gufarotti Madelynn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,503
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Gufarotti Jeffrey G and Gufarotti Madelynn G
Bought by
Gufarotti Jeffrey G and Gufarotti Madelynn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Browner Carole H
Bought by
Gufarotti Jeffrey G and Gufarotti Mady G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1996
Sold by
Rubel Arthur J and Rubel Carole Browner
Bought by
Rubel Arthur J and Browner Carole H

Purchase Details

Closed on
Aug 3, 1993
Sold by
Rubel Arthur J and Browner Carole
Bought by
Rubel Arthur J and Browner Carole
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
Behzad And Tavassol Family Trust $2,171,000 Chicago Title
Gufarotti Jeffrey G -- Accommodation
Gufarotti Jeffrey G -- --
Gufarotti Jeffrey G $795,000 Chicago Title Co
Rubel Arthur J -- --
Rubel Arthur J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Behzad And Tavassol Family Trust $1,628,250
Previous Owner Gufarotti Jeffrey G $1,235,503
Previous Owner Gufarotti Jeffrey G $100,000
Previous Owner Gufarotti Jeffrey G $975,000
Previous Owner Gufarotti Jeffrey G $200,000
Previous Owner Gufarotti Jeffrey G $850,000
Previous Owner Gufarotti Jeffrey G $100,000
Previous Owner Gufarotti Jeffrey G $85,000
Previous Owner Gufarotti Jeffrey G $680,000
Previous Owner Gufarotti Jeffrey G $79,500
Previous Owner Gufarotti Jeffrey G $636,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Rented $7,995 0.0% --
03/18/2025 03/18/25 Under Contract -- -- --
03/14/2025 03/14/25 For Rent $7,995 0.0% --
10/30/2024 10/30/24 Sold $2,171,000 -5.6% $952 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $2,299,000 -- $1,008 / Sq Ft

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 $12,172 $1,108,157 $932,145 $176,012
2023 $12,189 $1,086,429 $913,868 $172,561
2022 $11,899 $1,065,127 $895,949 $169,178
2021 $11,610 $1,044,243 $878,382 $165,861
2020 $11,424 $1,033,536 $869,375 $164,161
2019 $11,202 $1,013,271 $852,328 $160,943
2018 $10,969 $993,403 $835,615 $157,788
2017 $10,733 $973,925 $819,230 $154,695
2016 $10,511 $954,829 $803,167 $151,662
2015 $10,333 $940,487 $791,103 $149,384
2014 $10,122 $922,065 $775,607 $146,458
Source: Public Records

Agents Affiliated with this Home

  • Steve Colvin

    Seller's Agent in 2025

    Steve Colvin

    Premier Cal Realty, Inc.

    (949) 633-7014

    77 Total Sales

    Steve Colvin
    Section Image
  • Amanda Horton

    Seller's Agent in 2024

    Amanda Horton

    Engel & Völkers

    (949) 415-0111

    3 in this area

    66 Total Sales

    Amanda Horton
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jace Horton

    Engel & Völkers

    (949) 464-3200

    3 in this area

    69 Total Sales

    Jace Horton
    Section Image
  • Lisa Zahm

    Buyer's Agent in 2024

    Lisa Zahm

    First Team Real Estate

    (310) 699-3646

    1 in this area

    36 Total Sales

    Lisa Zahm
    Section Image
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Map

California Orange County Laguna Beach 92651 Summit Ridge

862 Summit Dr, Laguna Beach, CA

This home is located at 862 Summit Dr, Laguna Beach, CA 92651 and is currently estimated at $2,441,156, approximately $998 per square foot. 862 Summit Dr is a home located in Orange County with nearby schools including Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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