Check Availability
$2,399,000
House - For Sale

862 Summit Drive

Laguna Beach, CA 92651
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2280 Sqft
$11,780
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome home to the perfect blend of location, lifestyle, views and privacy! 862 Summit Drive allows ease of proximity to the beach, while also feeling tucked away in your own private haven. Surrounded by lush trees and landscape, this street to street lot is a unique find! Green views are enhanced by views of the blue water ocean, Catalina Island and seasonal vibrant sunsets. An entertainer's home indoors and out, with a large great room that will accommodate memorable gatherings large or small. High vaulted ceiling with wood detail, gas burning fireplace, skylight and large picture windows. Several sets of French doors lead to the wrap around deck, featuring a built-in barbecue, private spa and two alfresco dining areas. A granite kitchen with long countertop assures ample preparation space, complete with double stainless sink and stainless steel appliances. A breakfast nook for early coffee and a den retreat for restful evenings are conveniently off the kitchen with ocean view. Featuring a primary suite on the upper level main floor with built-in closet organizers plus double door closet with storage room access. The suite has a wonderful ocean cross breeze, en suite remodeled bath and access to deck. Three additional bedrooms on the lower level, including one with en suite shower/tub bathroom and one currently used as office. Laundry room with additional shower and prep sink are additional conveniences. In addition to the home's square footage is a separate access, bonus room with flexible possibilities as an art studio, office, exercise or ADU space, subject to city. Covered carport and lengthy driveway allow for multiple vehicles. Just minutes to Bluebird Park with tot lots, grassy fields, summer concerts in the park. Some of the best beaches in town are blocks down off the Woods Cove & Village areas. Nearby trolley stops, convenient Laguna local shuttle

The manager has listed the unit size as 2280 square feet.
Unit Size
2,280Ft²
Days on Market
111 days
Land Size
0.11 acres
Price per sqft
$1,052
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
Listed By
Last updated: 17 hours ago (MRMLSCA #LG24003423)

Price History

Date / Event Date Event Price
Apr 24, 2024 Relisted $2,399,000
Relisted
Apr 16, 2024 In contract -
In contract
Jan 11, 2024 No longer available -
No longer available
Jan 9, 2024 Listed by Surterre Properties $2,399,000
Listed by Surterre Properties
Sep 20, 2023 Price Decreased $2,399,000
↓ $89K (3.6%)
Price Decreased
Show More

Property Highlights

Fireplace
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Wood Siding

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,920
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 480
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,280
  • Gross Building Area: 2,280
  • Building Area: 2,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 764 BLK LOT 223

Ownership

  • Current Owner : GUFAROTTI JEFFREY G
  • Current Owner 2: GUFAROTTI MADY G
  • Previous Owner : BROWNER CAROLE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Assessors Map Reference: 34-F2
  • Subdivision Tract Number: 764
  • Parcel: 644-245-02
  • Lot: 223
  • Latitude: 33.5335
  • Longitude: -117.765

    Address

  • Full Address: 862 Summit Dr
  • Address - House Number: 862
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 3421
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,189
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.0505
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 99
  • Final Value: 2,314,773
  • High Value: 2,431,853
  • Low Value: 2,197,693

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,335,503
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 16, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,235,503
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2037
  • Second Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • Second Open Lien Mortgage Recording Date: Apr 16, 2007
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 16, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,086,429
  • Assessed Land Value: $913,868
  • Assessed Improvements Value: $172,561

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2003
  • Current Sale Recording Date: Aug 20, 2003
  • Current Sale Transaction ID: 1166094666
  • Current Sale Price: $795,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003001010239

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Aug 20, 2003
  • First Mortgage Loan Amount: $636,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2033

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
3 Beds
3 Baths
2,176 ft²
$1,038/ft²
$2,259,000 Dec 10, 2021
-
-
House
3 Beds
2 Baths
2,061 ft²
$1,162/ft²
$2,395,000 Apr 25, 2024
-
-
House
3 Beds
1.5 Baths
1,866 ft²
$1,178/ft²
$2,199,000 Feb 14, 2024
-
-
House
3 Beds
2.5 Baths
1,759 ft²
$1,305/ft²
$2,295,000 Mar 15, 2024
-
-
House
3 Beds
2 Baths
1,663 ft²
$1,158/ft²
$1,925,000 Apr 19, 2024
-
-
In Contract
House
3 Beds
2 Baths
1,145 ft²
$2,092/ft²
$2,395,000 Mar 7, 2024
-
-
House
3 Beds
2 Baths
1,105 ft²
$2,167/ft²
$2,395,000 Apr 5, 2024
-
-
House
2 Beds
1 Bath
961 ft²
$2,284/ft²
$2,195,000 Apr 13, 2022
-
-
Land
Loft
-
-
$2,495,000 Feb 21, 2024
-
-

About Summit Ridge


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Frequently Asked Questions

When was property at 862 Summit Drive built and last sold?
The property at 862 Summit Drive was built in 1962 and last sold on Jun 12, 2003 for $795,000.
How much is this home worth?
The estimated value of the home located at 862 Summit Drive is $2,481,919.
What are some comparable homes to 862 Summit Drive?
Homes that are comparable to 862 Summit Drive include a house property at 1080 Noria Street, 992 Noria Street, 1104 Baja Street.

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