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1401 Bounty Way, Laguna Beach, CA, 92651

5beds
4baths
3,332sqft
$5,495,000
$1,649price/sqft
$35,039/moest. monthly cost
$1,401,560/yrincome needed

About This Home

Panoramic ocean views, twinkling city lights, and breathtaking Catalina sunsets set the tone for this beautifully expanded and reimagined Laguna Beach residence. Now offering an additional 619 square feet, the home has been thoughtfully enhanced with a remodeled kitchen, updated bathrooms, new flooring, and an expanded floorplan that includes 5 bedrooms, a dedicated gym, and a private office. Living primarily like a single-level home, the main floor is centered around a sophisticated open-concept design with a spacious great room, dining area, and beautifully updated kitchen, all designed to capture the home’s remarkable coastal backdrop. Also on the main level is a secondary bedroom and a stunning primary suite complete with a private balcony and sweeping ocean views. The lower level provides exceptional flexibility, with additional three bedrooms, office and gym opening to a serene backyard patio. Additional highlights include a Tesla charger, a newer roof installed in 2022, and the rare opportunity to enjoy refined coastal living in one of Laguna Beach’s most sought-after settings. Living here means enjoying the very best of Laguna Beach, renowned beaches, exceptional dining, luxury resorts, art galleries, and a lifestyle that is as inspiring as the views themselves.

Getting Around

13
WalkingCar-Dependent
36
TransitSome Transit
5
BikeSomewhat Bikeable

Schools

8/10
Thurston Middle SchoolGrades 6-80.5 mi
10/10
Laguna Beach High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1995

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Oven,Water Heater
  • Laundry features: In Garage

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Wet Bar,Breakfast Bar,Balcony,High Ceilings,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Storage,Bedroom on Main Level,Main Level Primary,Multiple Primary Suites,Primary Suite
  • Flooring: Carpet,Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,332 sqft

Kitchen

  • Features: Kitchen/Family Room Combo

Master Bedroom

  • Features: Primary Suite

Master Bedroom

  • Features: Main Level Primary

Master Bedroom

  • Features: Multiple Primary Suites

Property

Accessibility

  • Accessibility features: See Remarks,Accessible Hallway(s)

Details

  • Parcel number: 64132301
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Concrete,Patio
  • Spa features: None
  • Has view: Yes
  • View description: City Lights,Mountain(s),Neighborhood,Ocean,Panoramic,Water
  • Has water view: Yes
  • Water view: Ocean,Water

Lot

  • Lot size: 8,460 sqft
  • Features: Back Yard,Corner Lot,Front Yard,Garden,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Landslide
Wildfire
Heat Wave
Inland Flooding

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $27,785$333,420
Home Insurance *$851$10,212
Property Taxes $5,689$68,268
Electricity $714$8,574
Total$35,039$420,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,201,337/yr
40% on housing$1,051,170/yr
45% on housing$934,373/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,649This listing

vs Other Active Listings

Avg $/sqft

ZIP 92651$2,114
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92651$1,559
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-13Price change$5,700,000
2026-03-27Listed for sale$5,995,000
2025-02-11Sold$4,125,000
2025-02-04Pending sale$4,195,000
2025-01-17Contingent$4,195,000
2025-01-08Price change$4,195,000
2024-10-14Listed for sale$4,495,000

For Sale by Agent

AgentShauna Covington, Berkshire Hathaway HomeServices California Properties, Leita Covington, Berkshire Hathaway HomeServices California Properties
BrokerageBerkshire Hathaway HomeServices California Properties

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