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$2,950,000

1385 Terrace Way Laguna Beach, CA 92651

4 beds
2 full
2,750 sqft
0.2 acres
$1,073 / sqft
House

Property details

About 1385 Terrace Way

Refined panoramic ocean view home situated on an oversized lot in the coveted neighborhood of Temple Hills in Laguna Beach. This sophisticated, four-bedroom, two-bathroom chic modern residence showcases sweeping ocean views from nearly every room—offering a serene, picturesque lifestyle. Step into freshly remodeled interiors. A welcoming foyer opens to an inviting living room, where floor-to-ceiling windows frame sweeping ocean views, complemented by a gas-starter, wood-burning fireplace and open to the ocean-view terrace. The formal dining room offers an elegant space for gatherings and is adjacent to the ocean-view kitchen. The first level also includes a convenient main floor bedroom and a remodeled bathroom with custom cabinetry, quartz countertops, tub, and shower. Downstairs, the expansive primary suite is a true retreat, complete with a second fireplace, private balcony, and mesmerizing ocean views. Two additional bedrooms, a second updated bathroom with dual sinks and quartz finishes, an upgraded laundry room, and a versatile home office/flex space complete the lower level. The attached two-car garage features an electric car charging station and direct access to the home. The oversized, street-to-street lot offers rare potential to add an ADU, expand the existing home, or explore a possible lot subdivision. All just moments from Laguna’s iconic beaches, top-rated schools, scenic trails, tennis courts, renowned galleries, and celebrated dining destinations.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
Size2,750 sqft
BasementYes
Lot size0.2382 Acres
Year built1963
ParkingAssigned, Door-Multi, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Private, One Space
MLS #LG25128525
Attached garage2 spaces
FireplaceFamily Room, Gas Starter, Primary Bedroom
ViewCity Lights, Other, Canyon, Hills, Mountain(s), Ocean, Panoramic, Water

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Freezer, Refrigerator, Dryer, Washer
  • Basement: Yes
  • Interior: Balcony, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Unfurnished, Entrance Foyer
  • Fireplace: Family Room, Gas Starter, Primary Bedroom
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Assigned, Door-Multi, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Private, One Space
  • View: City Lights, Other, Canyon, Hills, Mountain(s), Ocean, Panoramic, Water
  • Exterior: Lighting, Rain Gutters
  • Architectural Style: Mid-Century Modern, Modern
  • Heating: Central
  • Cooling: None
  • List Price: $2,950,000
  • Price/SqFt: $1,072
  • HOA Amount: $0
  • Annual Tax Amount: $18,042
  • Tax Year: 2024
  • Lot: Sprinklers, Trees
  • Directions: Take Temple Hills to Terrace Way. Right side of Terrace Way
  • Year Built: 1963
  • Stories: 2
  • Living Area: 2,750 SqFt
  • Lot Size: 0.2382 Acres
  • MLS Number: LG25128525
  • MLS Name: CRMLS
  • Office Name: Pacific Sotheby’s International Realty
  • Office Phone: (949) 295-0212
  • Listing Agent: KELLY BROCHU

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 6:45:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 10, 2015
Home Sold
$1,425,000

Tax history

YearAssessmentProperty Tax
2024$1,679,052$18,042
2023$1,646,130$17,926
2022$1,613,853$17,529
2021$1,582,209$17,134
2020$1,565,986$16,892
2019$1,535,281$16,241
2018$1,505,178$16,241
2017$1,475,665$15,903

History based on county public records data.

Nearby schools

9

Top of the World Elementary School

Public District KG-5

0.9 mi

21601 Treetop Ln

9

Canyon Vista Elementary School

Public District KG-5

2.3 mi

27800 Oak View Dr

9

Moulton Elementary School

Public District KG-5

2.6 mi

29851 Highlands Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $141,204. The most common annual income of people living in Laguna Beach, CA is $200k+. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

7%
<35k
24%
35k-100k
32%
100k-200k
37%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
5%
Single, with Kids
37%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
10%
18-34 yrs old
52%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1385 Terrace Way

The listing price of 1385 Terrace Way property is $2,950,000.

The property 1385 Terrace Way is a house located in Laguna Beach, California, 92651.

Accepting Backup Offers: 1385 Terrace Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 1385 Terrace Way are: Top of the World Elementary School (GreatSchools Rating 9/10), Canyon Vista Elementary School (GreatSchools Rating 9/10), Moulton Elementary School (GreatSchools Rating 9/10), Thurston Middle School (GreatSchools Rating 8/10), Don Juan Avila Middle School (GreatSchools Rating 8/10), Journey (GreatSchools Rating 6/10), Laguna Beach High School (GreatSchools Rating 9/10), Aliso Niguel High School (GreatSchools Rating 9/10), Laguna Hills High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $18,042 (source: MLS/based on county public records data).

The last sale was on April 10, 2015 for $1,425,000 (source: MLS/tax record).

The property at 1385 Terrace Way has 4 bedrooms and 2 bathrooms.

The property 1385 Terrace Way is 2,750 SqFt (source: MLS/tax record).

The year of construction for 1385 Terrace Way is 1963.

This home is located at 1385 Terrace Way in Laguna Beach, CA and zip code 92651 in the Temple Hills neighborhood. This 2,750 square foot home, which was built in 1963, sits on a 0.24 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $2,950,000.

In June 2025 more than 1 listings in Laguna Beach, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 20 were sold below. The number of listings in Laguna Beach, CA increased by 4.7% between May and June 2025. While the average time on the market in June 2025 was 62 days, the median list price was $2,900,000.

From Rocket Homes Real Estate and based on county public records data.

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