4
Bedrooms
Sold for $3,650,000 · Aug 2024
SOLDListed at $4,795,000
Laguna Beach, CA
MLS# LG23226412
James Ardery
Listing Agent
Compass
DRE #: 00576041
Brokerage: Compass
4
Bedrooms
6
Bathrooms
4,440 sqft
Square Feet
1940
Year Built
7,200 sqft
Lot Size
$822
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Single Family Home
Property Type
This Historic Mediterranean style Villa was built in 1940 by James H. Cannon (Cannon Electric) it was the focal point for the social events of the day. The Cannon Estate was named and known as Ciela del Mar "Heaven by the Sea". The estate originally consisted of four separate homes, with this being the main home and entertainment hub. Included in the estate was a Guest House, a Gardener's Cottage and a Chauffeur's Quarters with garages located on Glenneyre. The building site at the end of Queda Way, a cul-de-sac, provides tranquility and privacy with spectacular ocean views. The home boasts four bedrooms, five and one half baths, plus the gymnasium or office with a separate entrance, over 4,400 square feet of living space. Elegantly laid out, with the maids quarters on the ground level, two guest suites and gym on the second level, the third floor is the huge primary suite, kitchen, formal and informal dining rooms. The top level is a fabulous Living Room, with hardwood floors and high vaulted hand carved wood beamed ceilings. A reading nook, wet bar and and European style view balcony with panoramic ocean views. All three floors have glorious, panoramic ocean views from San Clemente to Palos Verdes, Catalina Island and coastline, as well as Laguna Village. In the gardens, you will find private brick and stone patios and a charming hidden Koi Pond. A short stroll to Victoria Beach....Be a part of history and be the next proud owner of Ciela del Mar. Note:
Listing description from the August 2024 sale, as reported to CRMLS.
Location not available for this listing.
1 recorded sale
2616 Queda Way sold for $3,650,000 in August 2024, 24% under its $4,795,000 list price, after 219 days on the market. It was first listed at $6,995,000. That works out to $822 per square foot on 4,440 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, 90% above this sale's $822. 4-bedroom rentals in 92651 currently list at a median of $20,000 a month (67 listings).
| Quarter | Closed sales in 92651 | Median sold price |
|---|---|---|
| Q1 2026 | 16 | $2,637,500 |
| Q2 2026 | 89 | $3,350,000 |
| Q3 2026 | 102 | $3,262,500 |
| Q4 2026 | 29 | $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
Closed sales reported in 92651, newest first, last 12 months. All recent sales in Laguna Beach →
2616 Queda Way
Contact James Ardery
Contact via Nalren messaging
Contact Listing Agent
Compass
DRE #00576041
Contact information is not available for this listing.