12 days on rocket

1397 Terrace Way, Laguna Beach, CA, 92651

$3,150,000

3 Bedrooms
3 Full Baths
1,833 SqFt
$1,718/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Garage
Attached Garage2 spaces
Year Built1963
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Canyon, Hills, Ocean, Panoramic, Water
MLS #LG24091237
Lot Size0.31 Acres
StatusActive

About 1397 Terrace Way

Fabulous Ocean, Hillside and Canyon Views From This Beautifully Appointed 3 bedroom, 3 bath Mid-Century-Modern Laguna Beach Trophy Home. Spacious Street-To-Street Lot. Two Primary Bedrooms. One On The Main Level and Another On The Lower Level Along With A Secondary Bedroom. All Of the Main Living Areas Open to Outside Ocean View Balconies/Decks. Interior and Exterior Have Been Freshly Painted. Newly Refinished Wood Flooring on Stairs and Lower Level. Sit-Down Ocean Views from The Flat Lower Yard Area. Beautiful Lush Landscaping With Citrus Trees Afford You A Sense Of Privacy. This Amazing Property On Its Street-To-Street Lot Is In Close Proximity To World Renowned Beaches, Art Galleries, Fine Dining, Shopping and 5 Star Resorts.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1963
  • Stories: 2
  • Living Area: 1,833 SqFt

Listing Office:

  • Office Name: First Team Real Estate
  • Office Phone: (949) 702-0888
  • Listing Agent: Simone Moore

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Dryer, Washer
  • Flooring Type: Stone, Tile, Wood
  • Interior: Beamed Ceilings, Balcony, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Track Lighting, Main Level Primary, Multiple Primary Suites, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Canyon, Hills, Ocean, Panoramic, Water
  • Exterior: Balcony, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Thalia to Temple Hills to Cerritos to Terrace Way - House on right side of One-Way street

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,150,000
  • Price Per SqFt: $1,718/SqFt

Tax Information:

  • Annual Amount: $19,342
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Laguna Beach, CA.

Med. Sold Price

$2.9M

Med. Price/SqFt

$1,514

Avg. Days On Market

51

# of Sold Homes

29

1397 Terrace Way vs Laguna Beach

12 DAYS ON ROCKET

-39 Days

$3,150,000

+$245K More

$1,718/SqFt

+$203 More

KEY TAKEAWAY

This property is $245K more than the Median Sold Price and $203/SqFt more than other homes in Laguna Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LG24091237

Listing Office:

  • Office Name: First Team Real Estate
  • Office Phone: (949) 702-0888
  • Listing Agent: Simone Moore

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 9:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 21, 2015Home Sold
$1,570,000
Mar 20, 2006Home Sold
$1,263,000

Tax History

YEARPROP. TAXASSESSMENT
2021$19,342$1,717,022
2020$19,072$1,699,417
2019$18,575$1,666,096
2018$18,575$1,633,428
2017$18,184$1,601,400

History based on county public records data.

Payment Calculator

$15.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,510

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3721232
9
/10
  • Top of The World Elementary School

  • 21601 Tree Top Ln

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-3721233
9
/10
  • Canyon Vista Elementary School

  • 27800 Oak View Dr

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-3721234
9
/10
  • Moulton Elementary School

  • 29851 Highlands Ave

  • 2.62 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $141,204. The most common annual income of people living in Laguna Beach, CA is $200k+. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1397 Terrace Way

What is the listing price of this property?

The listing price of 1397 Terrace Way property is $3,150,000.

What type of property is this?

The property 1397 Terrace Way is a house located in Laguna Beach, California, 92651.

Is this property for sale now?

Active Listing: 1397 Terrace Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $19,342 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 21, 2015 for $1,570,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1397 Terrace Way has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1397 Terrace Way is 1,833 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1397 Terrace Way is 1963.
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Rocket HomesCaliforniaOrange CountyLaguna Beach926511397 Terrace Way

This home is located at 1397 Terrace Way in Laguna Beach, CA and zip code 92651 in the Temple Hills neighborhood. This 1,833 square foot home, which was built in 1963, sits on a 0.31 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $3,150,000.

In April 2024, from all listings sold in Laguna Beach, CA there were more than 6 sold above asking price, over 18 sold below and more than 5 were sold right at the asked price. Between March 2024 and April 2024, Laguna Beach, CA real estate market has seen increase in the number of listings by 3.5%. The median list price of listings available in April 2024 was $2,905,000, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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