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$20,000,000

2125 Ocean Way Laguna Beach, CA 92651

4 beds
4 full, 1 partial
4,710 sqft
0.2 acres
$4,246 / sqft
House

Property details

About 2125 Ocean Way

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.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Zoned
Size4,710 sqft
Lot size0.2388 Acres
Year built1947
ParkingGarage
MLS #LG25155939
Garage2 spaces
FireplaceCirculating, Family Room, Gas, Kitchen, Primary Bedroom
ViewIsland, City Lights, Neighborhood, Ocean, Panoramic, Water

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Stove, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Balcony, Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, Living Room Deck Attached, Pantry, Wired for Sound, Bedroom on Main Level, Multiple Primary Suites, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Circulating, Family Room, Gas, Kitchen, Primary Bedroom
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: No
  • Parking: Garage
  • View: Island, City Lights, Neighborhood, Ocean, Panoramic, Water
  • Architectural Style: Custom, Traditional
  • Heating: Central
  • Cooling: Central Air, Zoned
  • List Price: $20,000,000
  • Price/SqFt: $4,246
  • HOA Amount: $0
  • Annual Tax Amount: $95,567
  • Tax Year: 2024
  • Lot: Bluff, Back Yard, Front Yard, Garden, Lawn, Landscaped, Sprinklers
  • Directions: PCH to Moss St, right on Ocean Way
  • Year Built: 1947
  • Stories: 3
  • Living Area: 4,710 SqFt
  • Lot Size: 0.2388 Acres
  • MLS Number: LG25155939
  • MLS Name: CRMLS
  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (949) 412-8088
  • Listing Agent: Shauna Covington

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: 7/15/2025, 2:45:33 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
Jun 25, 1999
Home Sold
$5,150,000

Tax history

YearAssessmentProperty Tax
2024$9,311,229$95,567
2023$9,128,656$93,674
2022$8,949,663$91,856
2021$7,493,815$77,059
2020$7,416,976$76,199
2019$7,271,546$73,398
2018$7,128,967$73,398
2017$6,989,184$71,941

History based on county public records data.

Nearby schools

9

Top of the World Elementary School

Public District KG-5

1.7 mi

21601 Treetop Ln

9

Moulton Elementary School

Public District KG-5

2.6 mi

29851 Highlands Ave

9

Canyon Vista Elementary School

Public District KG-5

3.1 mi

27800 Oak View Dr

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 $75,329. The majority of Laguna Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
34%
35k-100k
18%
100k-200k
22%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
51%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • NordstromNordstrom
  • Chico'sChico's
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • BMWBMW
  • CadillacCadillac
  • LexusLexus

What do the neighbors listen to?

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

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Frequently asked questions

About 2125 Ocean Way

The listing price of 2125 Ocean Way property is $20,000,000.

The property 2125 Ocean Way is a house located in Laguna Beach, California, 92651.

Active Listing: 2125 Ocean Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2125 Ocean Way are: Top of the World Elementary School (GreatSchools Rating 9/10), Moulton Elementary School (GreatSchools Rating 9/10), Canyon Vista Elementary School (GreatSchools Rating 9/10), Thurston Middle School (GreatSchools Rating 8/10), Journey (GreatSchools Rating 6/10), Community Roots Academy (GreatSchools Rating 7/10), Laguna Beach High School (GreatSchools Rating 9/10), Aliso Niguel High School (GreatSchools Rating 9/10), Dana Hills High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $95,567 (source: MLS/based on county public records data).

The last sale was on June 25, 1999 for $5,150,000 (source: MLS/tax record).

The property at 2125 Ocean Way has 4 bedrooms and 4 full and 1 half bathrooms.

The property 2125 Ocean Way is 4,710 SqFt (source: MLS/tax record).

The year of construction for 2125 Ocean Way is 1947.

This home is located at 2125 Ocean Way in Laguna Beach, CA and zip code 92651 in the Woods Cove neighborhood. This 4,710 square foot home, which was built in 1947, sits on a 0.24 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $20,000,000.

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. In June 2025 in Laguna Beach, CA there were 4.7% more homes for sale than in May. In June 2025, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $2,900,000.

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

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