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31621 Summit Rd, Laguna Beach, CA 92651

Sale Price: $1,500,000
Feb 10, 20251,248 sqft3 beds2 baths
Listed by: Rocio Wagner
License #: 01035685
Phone #: 9494632127
Realty One Group West
Source:
CRMLS Logo
MLS #: OC25025466

Property Description

“Rare Opportunity Won’t Last” A Hidden Gem in South Laguna Village. Some homes are more than just properties—they’re legends waiting to be reimagined. Tucked away in the heart of South Laguna Village, The Gumball House is a one-of-a-kind coastal cottage with a story as colorful as its past. Once the sanctuary of a collector of penny arcades and gumball machines, this treasure is brimming with character, OCEAN VIEWS, and the promise of something extraordinary. This two-story, 3-bedroom retreat offers a rare blend of vintage charm and endless possibilities. Step inside to discover vaulted ceilings, original wood floors, and a wood-burning fireplace that beckons cozy nights by the sea. Sunlight pours through expansive windows, framing ocean vistas and filling the space with a warm, inviting glow. From the private patio—your own secluded oasis—to the ocean-view balcony where sunsets steal the show, every corner of this home whispers potential. The flexible layout is a dream for visionaries: the lower level, with two bedrooms, a walk-in closet in the primary, ample storage, and an indoor laundry area, can transform into a guest suite, income-producing rental, or inspiring creative space. Upstairs, the open design and timeless bones set the stage for your personal touch—whether you envision a modern beach haven or a nod to its eclectic past. Just blocks from the sand and surf, this South Laguna gem puts the best of Laguna Beach at your doorstep. Stroll to charming cafés, savor fresh seafood at local haunts, or hop on the trolley to explore the vibrant main village—home to art galleries, boutiques, and the iconic Sawdust Festival. Wander through Heisler Park, catch a world-class sunset, or lose yourself in the wonder of the Pageant of the Masters. This isn’t just a home; it’s a lifestyle. The Gumball House is a canvas of opportunity in one of California’s most coveted coastal enclaves. Homes with this much soul, history, and jaw-dropping views don’t come along often. Ready to write its next chapter? This Laguna Beach icon could be yours.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,484

TurboHome Estimated Value

$1,460,300

$1,170 sqft

High Valuation
$1,533,315
$1229/sqft
Normal Valuation
$1,460,300
$1170/sqft
Low Valuation
$1,387,285
$1112/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1170/sqft$1,460,300

Neighborhood: South Laguna Village (SLV)

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Comparative Value

$900K

$1.50M

$1.55M

$1.63M

$1.90M

$1.93M

22876 Montalvo Rd, Laguna Niguel, CA 92677

Sale Price: $900,000

Selected Comparable

31621 Summit Rd, Laguna Beach, CA 92651

Sale Price: $1,500,000

Selected Comparable

31621 Summit Rd, Laguna Beach, CA 92651

List Price: $1,555,000

Subject Property

22766 Arbella Rd, Laguna Niguel, CA 92677

Sale Price: $1,625,000

Selected Comparable

31684 Fairview Rd, Laguna Beach, CA 92651

Sale Price: $1,900,000

Selected Comparable

31885 9th Ave, Laguna Beach, CA 92651

Sale Price: $1,925,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
31621 Summit Rd, Laguna Beach, CA 92651

31621 Summit Rd, Laguna Beach, CA 92651

List: $1,555,000

Listed: 2/10/2025

Area:1,248 sqft
Price/sqft:$1,246
Beds:3
Baths:2
Year Built:
Lot Size:2,100

Comparable Properties

COMPARABLE
Choose comps
31621 Summit Rd, Laguna Beach, CA 92651

31621 Summit Rd, Laguna Beach, CA 92651

Sale: $1,500,000

6/27/20250.00 mi

Area:1,248 sqft
Price/sqft:$1,202
Beds:3
Baths:2
Year Built:
Weight:24.6%
31684 Fairview Rd, Laguna Beach, CA 92651

31684 Fairview Rd, Laguna Beach, CA 92651

Sale: $1,900,000

6/26/20250.09 mi

Area:1,136 sqft
Price/sqft:$1,673
Beds:3
Baths:2
Year Built:
Weight:23.0%
31885 9th Ave, Laguna Beach, CA 92651

31885 9th Ave, Laguna Beach, CA 92651

Sale: $1,925,000

5/29/20250.36 mi

Area:1,500 sqft
Price/sqft:$1,283
Beds:3
Baths:3
Year Built:
Weight:17.6%
22876 Montalvo Rd, Laguna Niguel, CA 92677

22876 Montalvo Rd, Laguna Niguel, CA 92677

Sale: $900,000

7/8/20250.79 mi

Area:1,369 sqft
Price/sqft:$657
Beds:2
Baths:2
Year Built:
Weight:17.4%
22766 Arbella Rd, Laguna Niguel, CA 92677

22766 Arbella Rd, Laguna Niguel, CA 92677

Sale: $1,625,000

5/15/20250.79 mi

Area:1,642 sqft
Price/sqft:$990
Beds:3
Baths:2
Year Built:
Weight:17.4%

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