31423 Coast Hwy APT P5, Laguna Beach, CA 92651

2 beds, 2 baths, 1,902 sqft
Sold: $2,500,000
Sold on 09/07/12
Zestimate®: $3,211,676
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Condominium for sale by owner in Laguna Beach, CA 92651. Premier Penthouse in prestigious Laguna Royale. Total high quality remodel, beautifully decorated with style and taste. Location of unit affords total privacy from the rest of the complex. 1900 square feet with two bedrooms, two baths and office area. Oversize shower in master with rain and wall shower head. Large Jacuzzi tub in guest bath. 180 degree ocean view with three sided wrap around balcony. Sliding doors in both bedrooms for un-obstructed ocean views with beachfront ambiance. Seven sliding doors for balcony access for great open air flow and ocean breezes. French limestone, travertine flooring, all granite countertops. Berber carpet in LR, FR, BDRS. Three sided glass gas fireplace. Wet-bar with glass door wine cooler. Top of the line Stainless Steel kitchen pro-series appliances (Viking, Sub-Zero etc.) Gas range/oven with full hood,side by side refrigerator/freezer,dual dishwasher drawers, trash compactor & microwave (All  MoreLess
 
Facts
  • Condo
  • Built in 1962
  • Parking: Garage
  • Last sold: Sep 2012 for $2,500,000
  • Price/sqft: $1,314
Construction
  • Room count: 7
  • Unit count: 1
Other
  • Floor size: 1,902 sqft
  • Parcel #: 93168297
  • Zillow Home ID: 25674430
Home Values
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$3,211,676
-$387,046 Last 30 daysd
$2.73M
$3.63M
Zestimate range
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$8,404/mo
+$422 Last 30 daysd
$3.1K
$17K
Zestimate range
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Neighborhood for 31423 Coast Highway APT P5

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Zillow predicts 92651 home values will fall 2.9% next year, compared to a 2.5% decrease for Laguna Beach as a whole. Among 92651 homes, this home is valued 120% more than the midpoint (median) home, and is valued 22.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 92651 market, the number of foreclosures waiting to be sold decreased 7.1% in the last year. The number of unsold foreclosures is 5.9% higher than in Laguna Beach, and 73.1% lower than the national average. This higher local number may prevent 92651 home values from rising as quickly as other regions in Laguna Beach.

Learn more about forecast calculations or 92651 home values.
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