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501 Lombardy Ln, Laguna Beach, CA 92651

Sale Price: $3,100,000
Nov 15, 20241,323 sqft2 beds2 baths
Listed by: Michael Johnson
License #: 01429647
Phone #: 949-207-3735
Compass
Source:
CRMLS Logo
MLS #: LG24234425

Property Description

Welcome to 501 Lombardy Lane in Laguna Beach. Sitting on an enchanting street that locals revere for its nostalgic row of cottages and flowering gardens, this thoughtfully designed bungalow embodies the Laguna soul so many seek. Behind a white picket fence and abundantly charming but incredibly livable - this spectacularly updated home has been revitalized without a detail overlooked. Upon entering the French doors, you are greeted by a soaring pitched living room ceiling and an inviting fireplace. Restored original hardwood floors and seagrass carpets are found throughout. The home receives natural light throughout the day, drenching the generously sized living and dining rooms. Major systems like electricity, plumbing, and HVAC have been thoroughly updated or replaced. The home is a study in understated cottage elegance - copper flashing and drainpipes, Ralph Lauren lighting fixtures and window covers, custom cabinetry, and a wonderful design sense throughout. This is the ideal ‘lock and leave’ part-time beach getaway or full-time residence, with an upgraded security system, Google Nest camera, Sonos sound system, and Lutron-controlled lighting system. The well appointed outdoor space is reminiscent of an English garden, while the private brick patio receives Southern California sun nearly all day and is an oasis to relax and enjoy the ocean breeze. A rare perk for a Village home, this property features three dedicated off street parking spaces. Only a block or two to the beach, restaurants, Laguna Coffee, and shopping - this is truly a rare offering in a landmark location.
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

$37,845

TurboHome Estimated Value

$2,959,000

$2,237 sqft

High Valuation
$3,106,950
$2348/sqft
Normal Valuation
$2,959,000
$2237/sqft
Low Valuation
$2,811,050
$2125/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2237/sqft$2,959,000

Neighborhood: The Village (VIL)

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Comparative Value

$1.93M

$2.20M

$2.32M

$2.45M

$3.10M

$3.40M

551 Anita St, Laguna Beach, CA 92651

Sale Price: $1,925,000

Selected Comparable

1445 Santa Cruz St, Laguna Beach, CA 92651

Sale Price: $2,200,000

Selected Comparable

541 Thalia St, Laguna Beach, CA 92651

Sale Price: $2,318,500

Selected Comparable

962 Glenneyre St, Laguna Beach, CA 92651

Sale Price: $2,450,000

Selected Comparable

501 Lombardy Ln, Laguna Beach, CA 92651

Sale Price: $3,100,000

Selected Comparable

501 Lombardy Ln, Laguna Beach, CA 92651

List Price: $3,395,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
501 Lombardy Ln, Laguna Beach, CA 92651

501 Lombardy Ln, Laguna Beach, CA 92651

List: $3,395,000

Listed: 11/15/2024

Area:1,323 sqft
Price/sqft:$2,566
Beds:2
Baths:2
Year Built:
Lot Size:2,884

Comparable Properties

COMPARABLE
Choose comps
501 Lombardy Ln, Laguna Beach, CA 92651

501 Lombardy Ln, Laguna Beach, CA 92651

Sale: $3,100,000

5/8/20250.00 mi

Area:1,323 sqft
Price/sqft:$2,343
Beds:2
Baths:2
Year Built:
Weight:22.1%
962 Glenneyre St, Laguna Beach, CA 92651

962 Glenneyre St, Laguna Beach, CA 92651

Sale: $2,450,000

5/8/20250.11 mi

Area:1,400 sqft
Price/sqft:$1,750
Beds:2
Baths:2
Year Built:
Weight:21.0%
1445 Santa Cruz St, Laguna Beach, CA 92651

1445 Santa Cruz St, Laguna Beach, CA 92651

Sale: $2,200,000

12/6/20240.24 mi

Area:1,365 sqft
Price/sqft:$1,612
Beds:2
Baths:2
Year Built:
Weight:20.0%
541 Thalia St, Laguna Beach, CA 92651

541 Thalia St, Laguna Beach, CA 92651

Sale: $2,318,500

7/7/20250.10 mi

Area:1,102 sqft
Price/sqft:$2,104
Beds:2
Baths:2
Year Built:
Weight:19.9%
551 Anita St, Laguna Beach, CA 92651

551 Anita St, Laguna Beach, CA 92651

Sale: $1,925,000

7/21/20250.05 mi

Area:1,144 sqft
Price/sqft:$1,683
Beds:3
Baths:2
Year Built:
Weight:17.1%

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