617 Lombardy Ln, Laguna Beach, CA 92651

Studio, 1,939 sqft
Sold: $1,595,000
Sold on 05/30/13
Zestimate®: $1,606,607
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Charming property features a cottage and two apartments. 2 bedrooms/1 bath main house, detached 1 bedroom/1 bath rear upper level apartment, and 1 bedroom/.75 bath ground level apartment. Property offers a delightful white picket fenced cottage and separate two apartment units. Cottage is highlighted by an open-beam spacious living area with fireplace opening to the dining and kitchen area. There are 2 bedrooms, and 1 bathroom with tile floor and accents. Cottage features hardwood floors, beautiful brickwork walkways and front patio. Apartments are separated from the cottage by a large used-brick patio area. Upper apartment unit features ocean view from sizeable balcony and living area, high open-bean ceilings, hardwood floors, kitchen and eating area with French doors to balcony, 1 bedroom, 1 bathroom with tile floor and shower. Lower unit is 1 bedroom, 1 bathroom with tile floor and shower, and has a kitchenette. Entire property features beautiful brickwork driveway and landscaped planter beds. Close to shops, restaurants and beaches. Brokered And Advertised By: HOM Sotheby's International Re Listing Agent: Inge Goericke-Bunn  MoreLess
 
Facts
  • Lot: 3,916 sqft
  • Single Family
  • Built in 1936
  • Cooling: None
  • Last sold: May 2013 for $1,595,000
  • Price/sqft: $823
Features
  • Parking: Garage, 1 space
    Construction
    • Roof type: Other
    • Room count: 3
    • # Stories: 2.0
    • Structure type: Other
    • Unit count: 3
    Other
    • Floor size: 1,939 sqft
    • Parcel #: 64409825
    • Zillow Home ID: 25557336
    Home Values
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    $1,606,607
    +$122,173 Last 30 daysd
    $1.43M
    $1.72M
    Zestimate range
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    $4,061/mo
    -$146 Last 30 daysd
    $2.3K
    $6.9K
    Zestimate range
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    Neighborhood for 617 Lombardy Lane

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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 10% more than the midpoint (median) home, but is valued 23.2% less 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 dropped 7.1% in the last year. The number of unsold foreclosures is 5.9% greater 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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