485 Mermaid Street 515, Laguna Beach, CA 92651
Condo
Sold October 2026
Listing Agent: Bridget Doonan (DRE #01506622) · Listing Office: Coldwell Banker Realty · Contact: 714-655-6350 · Bought with: NONE NONE · None MRML · MLS #OC26210933 · Source: CRMLS
How this sale compares
485 Mermaid Street 515 sold for $415,800 in October 2026, at its full list price. That works out to $809 per square foot on 514 square feet. Across 224 closed sales in 92651 over the last 12 months, the median sold price is $3,250,000 and the median is $1,577 per square foot, 95% above this sale's $809. 1-bedroom rentals in 92651 currently list at a median of $3,995 a month (37 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 | 17 | $3,400,000 |
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
Description
Welcome to 485 Mermaid St. #515, a charming one-bedroom condo in the heart of Laguna Beach. Located in the desirable Mermaid Terrace community, this inviting residence offers an efficient floor plan with a living area, private patio, full kitchen, and bedroom with en-suite full bath. Enjoy the best of Laguna Beach with downtown shops, restaurants, galleries, and world-famous beaches just moments away. The property also includes an assigned parking spot in the carport and controlled-access entry. A wonderful opportunity to enjoy the quintessential Laguna Beach lifestyle in a peaceful, well-located community. **Sold before processing
Listing description from the October 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 485 Mermaid Street 515
499 Legion: Sold $3,810,000 · 4 bd · 3 ba · 2,335 sqft · Sep 2026 · 0.2 mi
Compass | DRE #01115339
Buyer's agent: Amanda Horton, Engel & Voelkers Laguna Beach | DRE #01357096634 Glenneyre: Sold $2,995,000 · 2 bd · 3 ba · 1,300 sqft · Oct 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01754015
Buyer's agent: Lauren Cooper, Compass | DRE #02012510495 El Camino Del Mar: Sold $5,100,000 · 5 bd · 4 ba · 2,882 sqft · Sep 2026 · 0.2 mi
Livel Real Estate | DRE #01913762
Buyer's agent: Paul Sjule, Paul Sjule, Broker | DRE #00985392174 Cliff Drive B: Sold $1,475,000 · 2 bd · 2 ba · 932 sqft · Sep 2026 · 0.2 mi
Surterre Properties | DRE #01230360
Buyer's agent: Luke Hagenbach, Pacific Sotheby's Int'l Realty | DRE #01309807477 Hill: Sold $2,200,000 · 2 bd · 1 ba · 940 sqft · Oct 2026 · 0.3 mi
Bren and Furstenfeld Estates, Inc. | DRE #01292909
Buyer's agent: Sommer Killian, Pacific Sotheby’s International Realty | DRE #010763431264 Anacapa: Sold $5,500,000 · 4 bd · 3 ba · 3,299 sqft · Oct 2026 · 0.3 mi
Harvest Realty Development | DRE #02034631
Buyer's agent: John Stanaland, The Agency | DRE #01223768461 Linden Street: Sold $3,725,000 · 3 bd · 3 ba · 1,611 sqft · Sep 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01920332
Buyer's agent: Pryor Summers, Compass | DRE #019262871105 Skyline Drive: Sold $6,800,000 · 4 bd · 5 ba · 4,200 sqft · Sep 2026 · 0.4 mi
Kase Real Estate | DRE #01935951
Buyer's agent: Justin Itzen, The Oppenheim Group | DRE #01993489
Closed sales reported in 92651, nearest first, last 12 months. All recent sales in Laguna Beach →