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705 Gainsborough Pl, Laguna Beach, CA, 92651

$7,750,000

4 Bedrooms
4 Full Baths
3,392 SqFt
$2,285/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Garage
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
FireplaceLiving Room, Primary Bedroom, Outside
ViewIsland, City Lights, Other, Ocean, Panoramic, Water
MLS #LG23197145
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 705 Gainsborough Pl

Just completed with a virtually endless list of today’s most desirable appointments, this brand-new custom home in Laguna Beach offers stunning ocean views from every room. Its elevated setting at the end of a cul-de-sac next to the Orange County coastline welcomes panoramic views that reach as far as Long Beach and Catalina and San Clemente islands and span the village of Laguna Beach, enchanting sunsets and thousands of sparkling lights. Massive windows and large sets of glass accordion doors allow for sublime indoor/outdoor living at the home, which presents four bedrooms and four baths in a generous floorplan measuring approximately 3,392 square feet. A private courtyard entry with a soothing fountain and an original art glass sculpture by Marcus Thesing provides a tranquil introduction to the contemporary residence. Enjoy a main level with priceless ocean views, walls of disappearing glass, a fireplace-warmed living room with built-ins and a vaulted ceiling, and a kitchen that opens to a covered loggia with fireplace that extends living space. Anchored by a large waterfall island, the bespoke kitchen complements mealtime preparation with top-tier Thermador appliances including two dishwashers, custom wood cabinetry, two farmhouse sinks and quartzite countertops are true pieces of art. This entire living, dining and kitchen space, complete with an abundance of natural light and the scenic Pacific Ocean as a backdrop, is ideal for sharing special occasions with those you hold dearest in your heart. Refinements are led by an elevator, skylight, three fireplaces, an enclosed wine room, white rift-oak wide-plank flooring, modern lighting fixtures, solar power, and an EV charger in the garage. Select secondary bedrooms open to a balcony, and the primary suite is framed by numerous windows with ocean views. Enjoy an enormous walk-in closet with custom built-ins, separate vanities, a freestanding tub and a large steam shower. A street-to-street lot features additional spaces for outdoor living. Village shops, galleries, beaches, restaurants and cafés are moments from this extraordinary new custom residence. Whether your primary or second home, it offers the ultimate coastal lifestyle in Laguna Beach.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 2023
  • Stories: 3
  • Living Area: 3,392 SqFt

Listing Office:

  • Office Name: Livel Real Estate
  • Office Phone: 949.922.9552
  • Listing Agent: Meital Taub

Interior Features

Interior Information:

  • Appliances: Stove, Range, Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Balcony, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Bedroom on Main Level, Primary Suite, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Island, City Lights, Other, Ocean, Panoramic, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From PCH turn onto Diamond St, Turn Right on Gainsborough Dr, Left on Gainsborough Pl, Home is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,750,000
  • Price Per SqFt: $2,285/SqFt

Tax Information:

  • Annual Amount: $1,848
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$2.8M

Med. Price/SqFt

$1,508

Avg. Days On Market

68

# of Sold Homes

24

705 Gainsborough Pl vs Laguna Beach

144 DAYS ON ROCKET

+76 Days

$7,750,000

+$4.9M More

$2,285/SqFt

+$777 More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price and $777/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: #LG23197145

Listing Office:

  • Office Name: Livel Real Estate
  • Office Phone: 949.922.9552
  • Listing Agent: Meital Taub

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: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 15, 2021Home Sold
$1,136,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,848$95,637
2020$1,769$94,657
2019$1,796$92,801
2018$1,797$90,982
2017$1,741$89,199

History based on county public records data.

Payment Calculator

$38.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.3K

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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-3167618
10
/10
  • Top of The World Elementary School

  • 21601 Tree Top Ln

  • 1.34 miles

  • Public District Grades KG-5

school-card-donut-3167619
8
/10
  • Moulton Elementary School

  • 29851 Highlands Ave

  • 2.41 miles

  • Public District Grades KG-5

school-card-donut-3167620
10
/10
  • Canyon Vista Elementary School

  • 27800 Oak View Dr

  • 2.69 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,500. Residents of Laguna Beach, CA typically earn between $100k-200k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Gainsborough Pl

What is the listing price of this property?

The listing price of 705 Gainsborough Pl property is $7,750,000.

What type of property is this?

The property 705 Gainsborough Pl is a house located in Laguna Beach, California, 92651.

Is this property for sale now?

Accepting Backup Offers: 705 Gainsborough Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,848 (source: MLS/based on county public records data).

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

The last sale was on July 15, 2021 for $1,136,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 Gainsborough Pl has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 705 Gainsborough Pl is 3,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Gainsborough Pl is 2023.
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Rocket HomesCaliforniaOrange CountyLaguna Beach92651705 Gainsborough Pl

This home is located at 705 Gainsborough Pl in Laguna Beach, CA and zip code 92651 in the Upper Diamond neighborhood. This 3,392 square foot home, which was built in 2023, sits on a 0.17 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $7,750,000.

In March 2024, from all listings sold in Laguna Beach, CA there were more than 3 sold above asking price, over 21 sold below and more than 0 were sold right at the asked price. The number of listings in Laguna Beach, CA increased by 8.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 68 days, the median list price was $2,800,000.

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

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