Living room with charming wood burning fireplace. Windows, French doors and retractable skylight bring natural light and ocean breezes inside.
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31521 Summit Road, Laguna Beach, CA 92651

$1.70M2bd · 2ba · 700 sqft
Lot 2,362 sqft•Single Family Residence•
Active
•30d on market•MLS# LG-26198613

Property Description

Charming, restored, immaculate BEACH COTTAGE from the 1930's when Laguna Beach was discovered as the idyllic seaside community it is today! Gorgeous one bedroom, one bath cottage with natural sunlight and ocean breeze flowing in through the windows, French doors and retractable skylights. High pitched beamed ceilings create a spacious feel in the already open floor plan. The recently remodeled kitchen has stainless steel appliances, sink and fresh white cabinets. Cozy fireplace and wood floors throughout warm the ambiance of the property. Indoor/ outdoor living is extended with decks, fruit trees, an outdoor shower and welcoming fresh air spaces to relax and entertain. The separate studio, one bedroom, one bath guest cottage makes the property functional for a variety of creative uses... Welcoming for guests, grown children, an art studio, workout space, music room, or an office away from home! Newer wood fence completely encloses the peaceful retreat for privacy in your own coastal dream property. Located in the desirable South Laguna Village with locals' favorite restaurants, eclectic shops and the most pristine beaches and coves. Jump on the free Laguna Beach trolley to enjoy all that Laguna Beach has to offer! Newer roof on both the main cottage and guest cottage. Newer tankless water heater. Turn key and ready for move in.

Features & Amenities

FeeBuilt 1935

Property Details

Land Type
Fee
Year Built
1935
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Combination
Cooling
None
View
Peek-A-Boo
Flooring
Wood
Roof
Composition
City
Laguna Beach
Zip Code
92651
County
Orange
Listed byUnknown Office, Tracy Browne

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,570.84
Principal & Interest
Loan Amount
$1,356,000
Total Interest
$1,729,503
Total Payment Over 30 Years
$3,085,503
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

31521 Summit Road, Laguna Beach, CA 92651

Laguna Beach · Single Family Residence

$1.70M
Luxury Tier
Beds
2
Baths
2
Sqft
700
Lot
2,362 sqft
Year
1935
$/Sqft
$2421
Pool: No✓
Spa: No✓
View: Peek-A-Boo✓

Listed 13.0% above the median closed sale of $1,500,000. Price per sqft ($2,421) is a 16% premium to closed comps ($2,087). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.70M· $2,421/sqft
Total list price
Closed comps
vs closed median $1.50M
+$195K (+13.0%)
Active comps
vs active median $2.67M
−$974K (−36.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,744
−$323 (−11.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
31566 JewelLaguna Beach1935225742,100$2,430$1.40M2091
1143 Catalina StreetLaguna Beach1926229043,000$2,952$2.67M5481
310 Hawthorne RoadLaguna Beach1917117272,625$4,120$3.00M6376
31862 Cypress LaneLaguna Beach1963221,1002,100$1,814$2.00M17463
2936 Alexander RoadLaguna Beach1969221,2452,265$2,406$3.00M9058
Total: 5 · Average1.81.89102,418$2,744.4$2.41M80.2
Median904$2.67M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
31886 HillsideLaguna Beach194807/10/2026114782,100$1.29M$1.29M$2,7091.003680
609 Seaview StreetLaguna Beach193909/28/2026128882,492$1.85M$2.13M$2,3991.153475
31992 Virginia WayLaguna Beach194709/23/2026216361,728$1.56M$1.50M$2,3580.963975
31911 Crestwood PlaceLaguna Beach200905/08/2026221,2332,100$2.35M$2.30M$1,8650.984567
28345 WoodlandLaguna Beach192808/18/2026114531,950$700,000$500,000$1,1040.712567
Total: 5 · Average1.41.4737.62,074$1.54M$1.54M$2,087—35.8
Median636$1.50M$1.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.