See Home Value
$18,889,884*
House - Off Market

1885 OCEAN WAY

LAGUNA BEACH, CA 92651
bedrooms
4 Beds
bathrooms
4 Baths
square feet
5650 Sqft
$16,110,000 - $19,690,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Nov 15, 2022
$16,600,000
Sold Aug 31, 2016
$16,000,000

About This Property

Spectacular oceanfront Laguna Beach home nestled above the bluffs of Wood's Cove. Warmth and sophistication are beautifully paired with extraordinary materials and sleek contemporary lines. Enjoy dramatic ocean and sunset views framed by floor-to-ceiling windows with sublime interior spaces spilling out onto spacious terraces to bring the outdoors in. The floor plan unfolds over two levels and includes an open concept living room with chef's kitchen and butler's pantry, formal dining room with ocean views, large media room with wet bar, wine storage, and a top-of-the-line electronics system. There are four en-suite bedrooms including the master suite with office, private terrace, fireplace, and a sizable bathroom overlooking the crystal blue ocean below. This lavishly appointed home includes controlled gated entry, Crestron whole-house system, exotic wood cabinetry, imported limestone floors, Weiland sliding doors, wood and glass interior doors, and electronic shades.

The manager has listed the unit size as 5650 square feet.
Unit Size
5,650Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$3,168
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Nov 17, 2022 No longer available -
No longer available
Nov 15, 2022 Sold to Janis C Soto, Ronald R Soto $16,600,000
Sold to Janis C Soto, Ronald R Soto
Feb 16, 2022 Listed $17,900,000
Listed
Dec 15, 2021 No longer available -
No longer available
May 26, 2021 Price Decreased $18,500,000
↓ $500K (2.6%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,724
  • Garage Type: Garage
  • Garage Square Area: 662
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,802
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 580
  • Total Building Area: 5,610
  • Gross Building Area: 5,610
  • Building Area: 5,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 5,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 763
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 763 BLK LOT 24

Ownership

  • Current Owner : SOTO RONALD R
  • Current Owner 2: SOTO JANIS C
  • Previous Owner : 18 OCEAN WAY LLC
  • Owner Before Previous Owner: VERDE INVESTMENTS INC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062620

Geography

  • Assessors Map Reference: 34-E3
  • Subdivision Tract Number: 763
  • Parcel: 644-277-05
  • Lot: 24
  • Latitude: 33.5276
  • Longitude: -117.771

    Address

  • Full Address: 1885 Ocean Way
  • Address - House Number: 1885
  • Address - Street Name: Ocean
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 3235
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $173,358
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 4,802,484
  • High Value: 5,868,151
  • Low Value: 3,736,817

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000,000
  • Assessed Land Value: $15,500,000
  • Assessed Improvements Value: $1,500,000

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Transaction ID: 11898709523
  • Current Sale Price: $16,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 363680
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $16,000,000
  • Previous Sale Document Type: Grant Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,288 ft²
$3,941/ft²
$16,900,000 Sep 2, 2022
-
-

About Woods Cove


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Frequently Asked Questions

When was property at 1885 Ocean Way built and last sold?
The property at 1885 Ocean Way was built in 2007 and last sold on Oct 3, 2022 for $16,600,000.
How much is this home worth?
The estimated value of the home located at 1885 Ocean Way is $18,079,000.
What are some comparable homes to 1885 Ocean Way?
There are currently no comparable homes to 1885 Ocean Way.

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