RENTED MAR 18, 2025

862 Summit Dr Laguna Beach, CA 92651

Estimated Value: $2,337,000 - $3,160,000

4 Beds
3 Baths
2,445 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold October 30, 2024

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

Est. 22% increase in value since last sale

Current estimated payment $14,693/month

Highlights

  • Ocean View
  • Spa
  • Private Yard
  • Top Of The World Elementary School Rated A+
  • Bonus Room
  • No HOA

About This Home

As of March 2025

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

Last Agent to Rent the Property

Steve Colvin

Premier Cal Realty, Inc. Brokerage Phone: 949-633-7014 License #01851955 Listed on: 03/14/2025

Last Renter's Agent

Steve Colvin

Premier Cal Realty, Inc. Brokerage Phone: 949-633-7014 License #01851955 Listed on: 03/14/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 4,800 Sq Ft Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Private Yard
  • Density is 6-10 Units/Acre

Parking

  • Gentle Sloping Lot

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,445 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Summit Ridge Subdivision

Listing and Financial Details

  • Security Deposit $7,995
  • Rent includes gardener, sewer
  • 12-Month Minimum Lease Term
  • Available 3/14/25
  • Tax Lot 223
  • Tax Tract Number 764
  • Assessor Parcel Number 64424502

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-03-14
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 7995
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Summit Ridge (SR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 64424502
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2445.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.27
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office
  • Spa Features: Private

Exterior Features

  • View: Catalina, Coastline, Ocean
  • Pool Private: No
  • Spa: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre, Gentle Sloping, Landscaped, Paved, Up Slope from Street, Yard
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Sewer

Tax Info

  • Tax Census Tract: 626.20
  • Tax Lot: 223
  • Tax Tract Number: 764

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
$2,641,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,994
Avg. Annual Appreciation
17.46%
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

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

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:

--
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
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 $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
09/12/2024 09/12/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $2,299,000 -- $1,008 / 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 $12,172 $2,171,000 $1,987,063 $183,937
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25056372

California Regional Multiple Listing Service (CRMLS)

APN: 644-245-02