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2049 Ocean Way, Laguna Beach, CA, 92651

4beds
4baths
2,777sqft
$12,495,000
$4,499price/sqft
$76,396/moest. monthly cost
$3,055,840/yrincome needed

About This Home

Newly renovated and extensively reimagined, the iconic "Gull House" at 2049 Ocean Way is a rare beachfront architectural masterpiece poised directly above the breathtaking beauty of Woods Cove, one of Laguna Beach's most picturesque coves. Designed by renowned, award winning architect Helena Arahuete of John Lautner Associates, this one of a kind contemporary residence is defined by striking angles, seamless indoor outdoor living, and timeless design. Three light filled levels, served by a private elevator, unfold across 4 bedrooms plus an office and 3.5 baths, thoughtfully designed to maximize both form and function. Rich materiality defines the interiors, with plank matched rosewood walls, koa wood accents, and Italian travertine slab flooring creating a warm yet sophisticated coastal aesthetic, while walls of glass frame uninterrupted whitewater and horizon views. At the heart of the home, a chef's kitchen outfitted with top tier appliances by Viking, Sub Zero, and Miele is ideal for both everyday living and grand scale entertaining. The primary suite is a sanctuary unto itself, with a newly reimagined spa inspired bath featuring a dual vanities and a generous walk in closet, along with a private balcony and outdoor shower overlooking the cove. A comprehensive renovation has elevated, with upgrades including a new roof, windows and exterior doors, full repiping, dual AC condensers, Miele appliances, EV charger, fresh interior and exterior paint, a fully remodeled primary bath, and updated travertine and waterproofing at the entry. Steps from direct access to Woods Cove Beach and moments from Laguna’s premier dining and shopping, including oceanfront dining at Splashes at the Surf & Sand Resort, the Gull House offers something exceptionally rare: an architecturally significant beachfront residence, beautifully renovated, on one of Southern California’s most storied coastlines.

Getting Around

81
WalkingVery Walkable
40
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

7/10
8/10
Thurston Middle SchoolGrades 6-81.7 mi
10/10
Laguna Beach High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 2006

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Dishwasher,Freezer,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater,Dryer,Washer
  • Laundry features: Inside,Laundry Closet

Bathroom

  • Features: Bathtub,Separate Shower,Upgraded,Walk-In Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Built-in Features,Balcony,Elevator,Pantry,Bedroom on Main Level,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
  • Flooring: Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,777 sqft

Kitchen

  • Features: Walk-In Pantry

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Pantry

  • Features: Walk-In Pantry

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 64427813
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Catalina,Coastline,Ocean,Panoramic,Water
  • Has water view: Yes
  • Water view: Coastline,Ocean,Water

Lot

  • Lot size: 6,350 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 3
  • Parking features: Driveway Level,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 1

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
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Wildfire
Heat Wave
Inland Flooding
Landslide

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 $63,181$758,172
Home Insurance *$1,936$23,232
Property Taxes $10,684$128,208
Electricity $595$7,145
Total$76,396$916,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,619,291/yr
40% on housing$2,291,880/yr
45% on housing$2,037,226/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

$4,499This listing

vs Other Active Listings

Avg $/sqft

ZIP 92651$2,095
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)

Price History

DateEventPrice
2026-05-05Listed for sale$12,900,000
2025-04-30Sold$7,500,000
2024-09-18Listing removed$20,000
2024-09-08Listed for rent$20,000
2024-08-08Listing removed--
2024-07-25Price change$20,000
2024-07-04Listed for rent$25,000
2024-06-30Listing removed--
2024-06-14Listed for rent$25,000
2020-07-01Listing removed$7,750,000
2019-11-21Listing removed$15,000
2019-10-09Listed for rent$15,000
2019-09-20Price change$7,750,000
2019-08-07Listing removed$25,000
2019-07-30Listed for rent$25,000
2019-06-02Listing removed$25,000
2019-05-16Listed for sale$8,250,000
2018-11-17Listed for rent$25,000
2018-11-17Listing removed$8,600,000
2018-11-01Price change$8,600,000
2018-06-28Price change$8,750,000
2018-06-15Listed for sale$9,250,000
2018-06-15Listing removed$22,000
2018-04-25Price change$22,000
2018-04-11Listing removed$9,250,000
2018-04-11Listed for rent$25,000
2016-06-16Sold$6,300,000
2016-03-10Sold$6,174,000
2014-11-12Sold$6,500,000
1998-08-04Sold$1,220,000

For Sale by Agent

AgentAlexandra Rubow
BrokerageDouglas Elliman of California - Corona Del Mar

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