Back to Search Nalren

Sold for $20,000,000 · Sep 2025

SOLD
Sold

2125 Ocean Way, Laguna Beach, CA 92651

Laguna Beach, CA

MLS# LG25155939

4,710 Sq Ft • Single Family Home4bd • 5ba
51 days on market

Listing Agent

Shauna Covington

Listing Agent

Berkshire Hathaway HomeServices California Properties

DRE #: 00991380

Brokerage: Berkshire Hathaway HomeServices California Properties

Property Details

4

Bedrooms

5

Bathrooms

4,710 sqft

Square Feet

1947

Year Built

0.24 acres

Lot Size

$4,246

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

This once-in-a-lifetime oceanfront estate in the heart of Laguna Beach offers an extraordinary opportunity to own a legacy property with its own peninsula expanding out to the sea. The home featuring approximately 4,700 square feet, 4 bedrooms, 4.5 bathrooms, and 2 dedicated offices, one of which was formerly the creative workspace of Stephen J. Cannell, the legendary writer, director, and producer behind some of television’s most iconic shows and the author of over 100 books. This was the Cannell family’s cherished beachside estate, a place where creativity and coastal serenity came together. The property sits on a spectacular lot with private gates, a large grassy lawn front and back, sparkling spa, barbecue island, and exclusive steps down to your own peninsula extending into the Pacific Ocean. Recently renovated throughout, the home boasts new hardwood flooring, designer lighting and fixtures, brand-new HVAC. The gourmet kitchen is a dream, outfitted with an oversized quartz island, Thermador appliance package, wine cooler, warming oven, Shaws farmhouse sink, and custom cabinetry, perfect for entertaining or everyday living. The primary suite encompasses the entire upper level, featuring a retreat/office, a private deck with sweeping coastline views from Palos Verdes to San Diego, and a spa-inspired bathroom with a new soaking tub, shower, new counters and flooring, modern fixtures, and a private sauna. The lower level includes two additional bedrooms, a full second kitchen, and its own spacious great room area, ideal for hosting guests or multigenerational living. All of this is just a short distance to Laguna Village, where you’ll find galleries, fine dining, and boutique shopping. This is more than a home, it’s a true piece of coastal history.

Listing description from the September 2025 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
CentralAir, Zoned
Heating
Central
View
Catalina, CityLights, Neighborhood, Ocean, Panoramic, Water

Sale history for 2125 Ocean Way

1 recorded sale

$20,000,000
Sold September 2025 · on market July 2025, 51 days on market · MLS #LG25155939 · Source: CRMLS
Listing Agent: Shauna Covington · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: 949-412-8088 · Bought with: Spencer Wall · Pacific Sotheby’s International Realty

How this sale compares

2125 Ocean Way sold for $20,000,000 in September 2025, at its full list price, after 51 days on the market. That works out to $4,246 per square foot on 4,710 square feet. Across 236 closed sales in 92651 over the last 12 months, the median sold price is $3,242,213 and the median is $1,561 per square foot, 63% below this sale's $4,246. 4-bedroom rentals in 92651 currently list at a median of $20,000 a month (67 listings).

$4,246
This sale, per sq ft
$1,561
92651 median per sq ft (12 mo)
$3,242,213
92651 median sold price (12 mo)
236
Closed sales in 92651 (12 mo)
51
Days on market
QuarterClosed sales in 92651Median sold price
Q1 202616$2,637,500
Q2 202689$3,350,000
Q3 2026102$3,262,500
Q4 202629$3,295,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Laguna Beach · Homes for sale in 92651

Recent sales near 2125 Ocean Way

Closed sales reported in 92651, nearest first, last 12 months. All recent sales in Laguna Beach →

Explore Laguna Beach