970 Quivera Street
About This Property
Experience the pinnacle of coastal living in this beautifully designed residence, where panoramic ocean and Catalina Island views take center stage. Thoughtfully crafted for both everyday comfort and elevated entertaining, this exceptional home is ideally located just a scenic trolley ride away from Laguna's renowned beaches, dining, and shopping. The elegant formal living room features a custom stone fireplace, an ocean-view deck, and accordion glass doors that create a seamless indoor-outdoor flow. The light-filled family room opens to a private backyard retreat with lounge seating, a built-in BBQ, and a tranquil Zen garden. Adjacent to the family room, the formal dining area offers warmth and ambiance with its own fireplace. The gourmet kitchen enjoys sweeping ocean views and includes a breakfast bar, wine fridge, and casual dining area. A private office/library with dual built-in desks and a full bath offers flexibility for remote work or guest accommodations. The spacious primary suite boasts an ocean-view deck, a sitting area, a walk-in closet, a soaking tub, and a separate shower. Two additional guest bedrooms share a full bath with a tub/shower combination. Additional highlights include hardwood flooring throughout, central air conditioning, and two custom stone fireplaces. Located near parks, hiking trails, and tennis courts, this is a rare opportunity to own a refined Laguna Beach home that masterfully blends timeless elegance with the best of coastal indoor-outdoor living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Team Laguna Inc | $3,350,000 | |
| Listed by Team Laguna Inc | |||
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About Arch Beach Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017