315 Magnolia Drive, Laguna Beach

$4,200,000

4 Beds
5 Baths
3,348 Sqft
.14 Acres
4 Garages

A very unique and tremendous opportunity. Inspiring Cape Cod style home located in a premier area of the 'Tree Streets' in North Laguna Beach with walkability to shops, restaurants and the beach. Zoned R2, the property provides versatile options. The current owner has converted the property to be configured with a separate rental unit above the garage that has the potential to bring in an additional $3500/mo in rental income! Or it can be easily converted back into one large home with the removal of one wall. Light and bright, the home offers a functional layout and is designed with luxurious and tasteful finishes. Having been reworked by the seller, the front yard offers casual lounging terraces while the central courtyard, accessible through a series of French Doors, provides for private gatherings by the oversized outdoor fireplace. The main level with its gourmet kitchen is flanked by open family and dining room spaces. An upstairs master suite includes a private balcony and luxurious carrara marble clad bathroom with dual sinks, heated floors, steam shower and soaking tub. Two additional ensuite bedrooms accompany the master on the upper level. Even more impressive is the rare four car garage and space for additional parking. Newly added temperature-controlled wine closet in the lounge. Wired for audio throughout, zoned heating and EV charging outlet in garage are additional perks of the property. Professionally designed hardscape and landscape throughout.

Essential Information
MLS® #OC19048189
Price$4,200,000
Bedrooms4
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,348
Acres0.14
Year Built2004
TypeResidential
Sub-TypeSingle Family
StyleCape Cod
StatusActive
Community Information
Address315 Magnolia Drive
AreaNorth Laguna (NL)
SubdivisionNorth Laguna (NL)
CityLaguna Beach
CountyOrange
StateCA
Zip Code92651
Amenities
Parking Spaces6
ParkingGarage
# of Garages4
ViewNeighborhood
PoolNone
Interior
HeatingForced Air
CoolingNone
FireplaceYes
StoriesTwo
Interior Features

Turnkey, Balcony, Built-Ins, Granite Counters, Recessed Lighting, Stone Counters, Wired for Sound

Appliances

Dishwasher, Gas Range, Range/Stove Hood, Refrigerator

Fireplaces

Guest House, Outdoors, Gas, Great Room

Exterior
Lot DescriptionFront Yard, Walkstreet
RoofComposition
School Information
DistrictLaguna Beach Unified
ElementaryELMOR
MiddleTHURST
HighLAGBEA
Additional Information
Date ListedMarch 4th, 2019
Days on Market79
HOA Fees0.00
Listing Details
AgentSean Stanfield(01024996)
OfficePacific Sotheby's Int'l Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 23rd, 2019 at 2:51am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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