714-914-4996

2125 Ocean Way,
Laguna Beach, CA 92651

$20,000,000

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.

Basic Information

MLS #:
LG25155939

Price:
$20,000,000

Price
(per sq ft):
$4,246.00

Address:
2125 Ocean Way ,
Laguna Beach, CA 92651

MLS Area:
LV - Laguna Village

Subdivision:
Woods Cove (WC)

Property
Type:
Single Family Residence

Days on Market:
53

Status:
Active Under Contract

Bedrooms:
4

Bathrooms:
5

Full Baths:
4

Size (sq ft):
4,710 sq ft

Lot Size:
10,400 sq ft

Year Built:
1947

Sale Type:
Standard

Rooms in Home

Rooms:
Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Retreat, Sauna, Two Primaries, Walk-In Closet, Walk-In Pantry

Eating Area:
Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Kitchen, In Living Room

Laundry:
Individual Room, Inside

Entry Location:
1

Interior Features

Fireplace:
Family Room, Kitchen, Circulating, Primary Bedroom, Primary Retreat, Gas

Cooling:
Central Air, Zoned

Heating:
Central

Floor:
Carpet, Tile, Wood

Appliances:
6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator

Interior Features:
Balcony, Living Room Balcony, Living Room Deck Attached, Pantry, Wired for Sound

Security:

Accessibility:
None

Garage and Parking

Garage:
Detached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Garage

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

School Information

District:
Laguna Beach Unified

Elementary:
TOTW

Middle:
THURST

High:

Exterior Features

Pool:
None

Spa:
Private, Heated, In Ground

Patio:
Deck, Patio, Patio Open

View:
Catalina, City Lights, Neighborhood, Ocean, Panoramic, Water, White Water

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Three Or More

Lot Features:
Back Yard, Bluff, Front Yard, Garden, Landscaped, Lawn, Park Nearby, Sprinkler System, Yard

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Hiking, Park, Watersports

Other Structures:

Structure Condition:
Turnkey, Updated/Remodeled

Direction Faces:

Listed by:
Berkshire Hathaway HomeServices California Properties , Shauna Covington , 00991380

Co-Listed:
Berkshire Hathaway HomeServices California Properties , Leita Covington , 02109969

Last
Updated:
9/5/2025 1:59 PM

2125 Ocean Way,
Laguna Beach, CA 92651