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Sold

323 Magnolia Drive sold on April 12, 2024 for $3,800,000, 3.8% below the $3,950,000 asking price after 90 days on the market; it was first listed at $4,250,000. The buyer financed the purchase with a conventional loan. The details are below for reference.

Single Family ResidenceSold · Apr 12, 2024

323 Magnolia Drive, Laguna Beach, CA 92651

  • 4 beds
  • 3 baths
  • 1,701 sq ft
  • 6,000 sq ft lot
  • Built 1921

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$3,800,000

MLS# LG23222836

Subdivision North Laguna

North Laguna anchors the northern end of Laguna Beach, where Heisler Park follows the bluffs along Cliff Drive above Crescent Bay, Shaw's Cove, and Diver's Cove.

25 single-family homes sold in the past 12 months · median $4,000,000

See homes for sale in North Laguna

The home

About 323 Magnolia Drive

Experience the epitome of coastal luxury with this meticulously crafted, single-story haven in the heart of North Laguna's prestigious "Tree Streets." Completed with the utmost attention to detail in 2023, this fully renovated coastal cottage is situated on a large, flat street to alley lot and stands as a testament to Laguna beach living. Step into a world of seaside elegance with European oak floors, custom tile, and beautiful Milgard windows throughout. The main home was completely redesigned, now with three bedrooms and two bathrooms complete with designer finishes, creating an atmosphere of unparalleled "beach house" sophistication. The property boasts a detached, newly constructed one-bedroom, one-bath dwelling unit, offering an exclusive retreat or guest house adjacent to the new 2-car garage. Ideally located within strolling distance to North Laguna Beaches, Heisler Park, and upscale boutiques and restaurants, this residence invites you to savor the pinnacle of high-end beach living. Seize the opportunity to call this masterpiece home — where elegance meets coastal living.

Property details for 323 Magnolia Drive

This 4-bedroom, 3-bath single-family home sits in the North Laguna neighborhood of Laguna Beach in Orange County. It has 1,701 square feet of living space on a 6,000-square-foot lot. The home was built in 1921. The MLS record lists the assessor parcel number as 496-035-04. Highlights include single-story living, a two-car garage, central air, new construction, and cottage architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
LG23222836
Year Built
1921
Living Area (sq ft)
1,701
Living Area Source
Assessor
Lot Size (sq ft)
6,000
Lot Size (acres)
0.1377
Levels
One
Bedrooms
4
Full Baths
3
Garage Spaces
2
Parking Spaces
2
View
None
Parcel Number
49603504
On Market Date
2023-12-08
Zoning
R2
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Built In Features, Open Floorplan, Stone Counters, Wired For Sound, Bedroom On Main Level, Main Level Primary
Appliances
Six Burner Stove, Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater
Flooring
Wood
Heating
Central
Cooling
Central Air, High Efficiency
Fireplace
None
Laundry
Laundry Closet, Stacked
Main Level Bedrooms
4
Main Level Bathrooms
3
Entry Level
1
Common Walls
No Common Walls
Windows
Energy Star Qualified Windows

Exterior Features

Architectural Style
Cottage
Lot Features
Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Sprinkler System, Street Level, Yard
Parking
Driveway Level, Garage Faces Rear
Pool Features
None
Sewer
Public Sewer
Water
Public
Condition
Turnkey
Units
2

Community Features

Subdivision
North Laguna (NL)
Community Features
Park

The record

Property History for 323 Magnolia Drive

DateEventPriceNote
Apr 12, 2024 Sold $3,800,000
Mar 9, 2024 Status changed to Active Under Contract From Active
Jan 3, 2024 Price reduced $3,950,000 From $4,250,000
Dec 8, 2023 Listed for sale $4,250,000
Mar 2, 2022 Sold $1,795,000 First Team Real Estate
Aug 31, 2017 Sold $1,625,000 Laguna Beach Properties

Next steps

Looking for something similar

323 Magnolia Drive is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 323 Magnolia Drive

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The neighborhood

About North Laguna

North Laguna anchors the northern end of Laguna Beach, where Heisler Park follows the bluffs along Cliff Drive above Crescent Bay, Shaw's Cove, and Diver's Cove. Its Tree Streets, an alphabetical botanical grid beginning at Aster Street, are lined with early-1900s cottages within the Laguna Beach Unified School District.

North Laguna home sales, past 12 months

Homes sold
25
Median price
$4,000,000
Median days on market
40
Median per sq ft
$2,109

Recorded MLS closings of single-family homes, Oct 22, 2025 to Oct 22, 2026. Days on market run from listing to going under contract.

Recent North Laguna sales

AddressClosedPriceSq ftPer sq ftDays on market
477 Hill Oct 15, 2026 $2,200,000 940 $2,340 64
429 Aster Oct 13, 2026 $4,000,000 2,123 $1,884 46
461 Linden Street Sep 15, 2026 $3,725,000 1,611 $2,312 32
486 Locust Street Sep 8, 2026 $3,225,000 2,066 $1,561 40
738 Cliff Drive Aug 28, 2026 $7,750,000 3,200 $2,422 196

Schools

Schools for 323 Magnolia Drive

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Elmorro
Middle
Thurston
High
Laguna Beach
District
Laguna Beach Unified

Moving to Laguna Beach covers its schools, parks and beaches.

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Listed by Jill Lockhart of Livel Real Estate

Listing information updated Jun 7, 2024 at 10:28 AM PT. Source: CRMLS.

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