See Home Value
$20,000,000
● House - Off Market

2125 Ocean Way

Laguna Beach, CA 92651
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,710 Ft²
$98,204
Est. Monthly

About This Property

This once-in-a-lifetime oceanfront estate in the heart of Laguna Beach offers an extraordinary opportunity to own a legacy property with its own peninsula expanding out to the sea. The home featuring approximately 4,700 square feet,  4 bedrooms, 4.5 bathrooms, and 2 dedicated offices, one of which was formerly the creative workspace of Stephen J. Cannell, the legendary writer, director, and producer behind some of television's most iconic shows and the author of over 100 books. This was the Cannell family's cherished beachside estate, a place where creativity and coastal serenity came together. The property sits on a spectacular lot with private gates, a large grassy lawn front and back, sparkling spa, barbecue island, and exclusive steps down to your own peninsula extending into the Pacific Ocean. Recently renovated throughout, the home boasts new hardwood flooring, designer lighting and fixtures, brand-new HVAC. The gourmet kitchen is a dream, outfitted with an oversized quartz island, Thermador appliance package, wine cooler, warming oven, Shaws farmhouse sink, and custom cabinetry, perfect for entertaining or everyday living. The primary suite encompasses the entire upper level, featuring a retreat/office, a private deck with sweeping coastline views from Palos Verdes to San Diego, and a spa-inspired bathroom with a new soaking tub, shower, new counters and flooring, modern fixtures, and a private sauna. The lower level includes two additional bedrooms, a full second kitchen, and its own spacious great room area, ideal for hosting guests or multigenerational living. All of this is just a short distance to Laguna Village, where you'll find galleries, fine dining, and boutique shopping. This is more than a home, it's a true piece of coastal history.
Unit Size
4,710 Ft²
Days on Market
53 days
Land Size
0.24 acres
Price per sqft
$4,246
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

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Last updated: 2 years ago (CRMLS #LG25155939)

Price History

Date / Event Date Event Price
Sep 5, 2025 In contract -
In contract
Sep 5, 2025 Sold
Sold
Jul 14, 2025 Listed by Berkshire Hathaway HomeServices California Properties $20,000,000
Listed by Berkshire Hathaway HomeServices California Properties

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,632
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 650
  • Total Building Area: 4,710
  • Building Area: 4,710
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 4,710
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARCH BEACH
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR ARCH BEACH BLK A LOT 5 ARCH BEACH LOT 5 BLK A ALL -INC 5 FT ADJ ON N-

Neighborhood

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

Geography

  • Assessors Map Reference: 34-E3
  • Subdivision Tract Number: 23
  • Parcel: 644-281-02
  • Block: A
  • Lot: 5
  • Latitude: 33.5259
  • Longitude: -117.769

    Address

  • Full Address: 2125 Ocean Way
  • Address - House Number: 2125
  • Address - Street Name: Ocean
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 3241
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,367,418
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 4,096,310
  • High Value: 5,005,278
  • Low Value: 3,187,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,128,656
  • Assessed Land Value: $8,748,841
  • Assessed Improvements Value: $379,815

    Sales

  • Current Sale Contract Date: May 14, 1999
  • Current Sale Recording Date: Jun 25, 1999
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 19990471698
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Woods Cove


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Frequently Asked Questions

When was property at 2125 Ocean Way built and last sold?
The property at 2125 Ocean Way was built in 1947 and last sold on May 14, 1999 for $5,150,000.
How much is this home worth?
The estimated value of the home located at 2125 Ocean Way is $19,920,818.
What are some comparable homes to 2125 Ocean Way?
There are currently no comparable homes to 2125 Ocean Way.

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