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Sold

31423 Coast P5 sold on March 12, 2026 for $5,950,000, 5.6% below the $6,300,000 asking price after 5 days on the market. The buyer paid cash. The details are below for reference.

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CondominiumSold · Mar 12, 2026

31423 Coast P5, Laguna Beach, CA 92651

  • 3 beds
  • 2 baths
  • 1,902 sq ft
  • Built 1962
$5,950,000

MLS# OC26035782

Subdivision Laguna Royale

5 condos sold in the past 12 months · median $3,500,000

See 1 home for sale in Laguna Royale

The home

About 31423 Coast P5

Experience a level of coastal living rarely reached - wake up to the sound of the tide and the glow of an unobstructed sunrise. Positioned directly on the sand at the top level with no one above, this meticulously reimagined rare corner Penthouse is a symphony of light and white-water views. With its 180-degree panorama of the horizon from the three expansive wraparound terraces, it offers the ultimate in an indoor-outdoor lifestyle. The transition from your living room to the salty breeze is seamless. Whether you are hosting an alfresco dinner or working from the integrated ocean-view office, the home adapts to your pace. The chef’s kitchen is a culinary stage, anchored by Wolf and Sub-Zero appliances and custom cabinetry. Every inch of this 3-bedroom sanctuary has been professionally designed. The primary suite features a custom ArtItalia walnut installation, while the guest wing offers versatile sleeping or working arrangements. Beyond the aesthetic, the home has enhanced private-entry security. All furnishings are negotiable. This is not just a residence; it is a private retreat or a full-time coastal haven for the most discerning buyer. Located within a secure, guard-gated complex with private beach access, private pool, and private spa, this is the pinnacle of Laguna Beach luxury seaside living. Just bring your suitcase - the lifestyle is already here.

Property details for 31423 Coast P5

This 3-bedroom, 2-bath condo sits in the Laguna Royale neighborhood of Laguna Beach in Orange County. It offers 1,902 square feet of living space. The home was built in 1962. The MLS record lists the assessor parcel number as 931-682-97. Highlights include ocean and coastline views, ocean frontage, a community pool and spa, single-story living, a two-car garage, and an updated home. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$5,950,000
Days On Site
N/A
Bedrooms
3
Inside Area (SqFt)
1,902 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
N/A
Year Built
1962
MLS® Number
OC26035782
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
$3,159 monthly
Sq Ft Source
Assessor

General Features

Property Type
Condominium
MLS Number
OC26035782
Year Built
1962
Living Area (sq ft)
1,902
Living Area Source
Assessor
Levels
One
Bedrooms
3
Full Baths
2
Garage Spaces
2
Parking Spaces
2
View
Catalina, Coastline, Ocean, Panoramic
HOA Dues
$3,159
HOA Frequency
Monthly
HOA Name
Laguna Royale
Parcel Number
93168297
On Market Date
2026-02-24
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Built In Features, Balcony, Eat In Kitchen, Elevator, Open Floorplan, Partially Furnished, Recessed Lighting, Storage, All Bedrooms Down, Bedroom On Main Level, Entrance Foyer, Main Level Primary, Primary Suite
Appliances
Six Burner Stove, Built In Range, Dishwasher, Disposal, Refrigerator, Dryer, Washer
Flooring
See Remarks
Heating
Central
Cooling
None
Fireplace
None
Laundry
Laundry Room
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
One Common Wall, End Unit
Windows
Custom Coverings
Doors
Sliding Doors
Accessibility
Accessible Elevator Installed, No Stairs, Accessible Doors

Exterior Features

Architectural Style
Contemporary
Exterior Features
Barbecue
Roof
See Remarks
Foundation
Permanent
Lot Features
Corner Lot
Patio and Porch
Deck, Wrap Around
Parking
Assigned, Controlled Entrance, Covered, Underground, Guarded, Community Structure
Fencing
Wrought Iron
Pool Features
Community, Heated, In Ground, Association
Spa
Association, Community, Heated, In Ground
Sewer
Public Sewer
Water
Public
Utilities
See Remarks
Condition
Updated Remodeled, Turnkey
Faces
West
Units
1

Community Features

Subdivision
Laguna Royale (LAR)
Community Features
Preserve Public Land, Pool
Association Amenities
Fitness Center, Fire Pit, Maintenance Grounds, Management, Barbecue, Pool, Pet Restrictions, Guard, Spa Hot Tub, Security, Trash, Water
Security
Twenty Four Hour Security

The record

Property History for 31423 Coast P5

DateEventPriceNote
Mar 12, 2026 Sold $5,950,000
Mar 4, 2026 Status changed to Active Under Contract From Active
Feb 24, 2026 Listed for sale $6,300,000
Sep 10, 2019 Sold $5,075,000 Regency Real Estate Brokers
Sep 7, 2012 Sold $2,500,000 HOM Sotheby's International

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 31423 Coast P5

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0438K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Very High Fire Hazard Severity Zone, Local Responsibility Area.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, San Juan Capistrano quadrangle, released December 21, 2001. Checked October 15, 2026.

Landslide zone

Inside a Seismic Hazard Zone for earthquake-induced landslides.

California Geological Survey, Seismic Hazard Zones map, San Juan Capistrano quadrangle, released December 21, 2001. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Cable: Cox Communications, up to 2,000 Mbps, at 32 of 32 residential locations in this census block. DSL: Frontier, up to 70 Mbps, at 2 of 32. Fixed wireless: Verizon, up to 300 Mbps, at 31 of 32.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590423051003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 1.6 miles away (EV Connect, 2 Level 2 ports). 34 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

31423 Coast P5 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 31423 Coast P5

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The neighborhood

About Laguna Beach

Laguna Beach is a coastal Orange County city set along a shoreline of coves and bluffs, with beaches including Main Beach, Heisler Park, and Crystal Cove State Park reached from Pacific Coast Highway. Rooted in an early-1900s artists' colony, it hosts the Festival of Arts and Pageant of the Masters within the Laguna Beach Unified School District.

Laguna Royale home sales, past 12 months

Homes sold
5
Median price
$3,500,000
Median days on market
35
Median per sq ft
$2,830

Recorded MLS closings of condos, Oct 16, 2025 to Oct 16, 2026. Days on market run from listing to going under contract.

Recent Laguna Royale sales

AddressClosedPriceSq ftPer sq ftDays on market
31423 Coast Hwy 61 Sep 14, 2026 $4,475,000 1,581 $2,830 66
31423 S Coast Hwy 57 Mar 16, 2026 $3,500,000 1,150 $3,043 6
31423 Coast P5 Mar 12, 2026 $5,950,000 1,902 $3,128 5
31423 Coast Hwy 18 Feb 11, 2026 $2,950,000 1,398 $2,110 35
31423 Coast Highway 34 Oct 30, 2025 $3,100,000 1,150 $2,696 238

Schools

School District for 31423 Coast P5

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

The MLS record lists the school district as Laguna Beach Unified.

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

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Listed by Amin Zameni of Regency Real Estate Brokers

Listing information updated Mar 12, 2026 at 4:13 PM PT. Source: CRMLS.

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