Property Description
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.
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“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 Savings
$57,618
TurboHome Estimated Value
$11,920,600
$2,531 sqft
High Valuation
$12,516,630
$2657/sqft
Normal Valuation
$11,920,600
$2531/sqft
Low Valuation
$11,324,570
$2404/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $2531/sqft | $11,920,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood: Woods Cove (WC)
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Comparative Value
$8.20M
$20.00M
1759 Alisos Ave, Laguna Beach, CA 92651
Sale Price: $8,198,000
Selected Comparable
2125 Ocean Way, Laguna Beach, CA 92651
List Price: $20,000,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT2125 Ocean Way, Laguna Beach, CA 92651
List: $20,000,000
Listed: 7/14/2025
Area:4,710 sqft
Price/sqft:$4,246
Beds:4
Baths:4
Year Built:—
Lot Size:10,400
Comparable Properties
COMPARABLEChoose comps
1759 Alisos Ave, Laguna Beach, CA 92651
Sale: $8,198,000
1/17/2025 • 0.72 mi
Area:6,017 sqft
Price/sqft:$1,362
Beds:4
Baths:4
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2125 Ocean Way, Laguna Beach, CA 92651 | $20,000,000 | 4,710 | $4,246 | 10,400 | — | 7/14/2025 | 4 | 4 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1759 Alisos Ave, Laguna Beach, CA 92651 | $8,198,000 | 6,017 | $1,362 | 11,025 | 0.72 mi | 1/17/2025 | 4 | 4 | — | 100.0% |
Nearby Listings
6 similar properties within 5 miles

List Price: $22,500,000
1907 Ocean Way, Laguna Beach, CA 92651
4 bd 4 ba 3,628 sqft
TurboHome Est. Value:
$11,808,400

List Price: $19,887,500
31091 Coast Hwy, Laguna Beach, CA 92651
4 bd 5 ba 4,300 sqft
TurboHome Est. Value:
$10,557,100

List Price: $17,998,000
31 N Vista De Catalina, Laguna Beach, CA 92651
4 bd 5 ba 5,223 sqft
TurboHome Est. Value:
$16,647,100
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