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Laguna Beach. Ocean Views. Single Family Home. $1,250,000?!? Welcome to 31774 5th Avenue – the lowest price single family ocean view home currently on the market in Laguna Beach. In the same family for more than 50 years and three generations, the cottage has hosted memorable weekends, vacations and – most recently – longer term renters. These are not peek ocean views, but solid wide views from the entire upstairs and large view deck. The home is divided into a comfortable two bedroom and one bath upstairs home, and a smaller downstairs bedroom and ½ bath with exterior access only. The parcel is good sized for Laguna Beach, and ripe with opportunities. Off-street parking is a plus, and this property gets bonus points for cute-ness. And, again… the price! 31774 5th Avenue is an incredible opportunity. Don’t let it pass you by!
Listing agent: Michael Johnson DRE #01429647 michael.johnson@compass.com, Listing office: Compass
MLS data updated 11/1/2026, 12:38:53 PM PT
Source: CRMLS, MLS #: LG21184989
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 8, 2021
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,250,000Closed sale · Dec 8, 2021ZIP 92651 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.