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.
Property Details
Price:
$20,000,000
MLS #:
LG25155939
Status:
Active
Beds:
4
Baths:
5
Address:
2125 Ocean Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Woods Cove WC
Neighborhood:
lvlagunavillage
City:
Laguna Beach
Listed Date:
Jul 14, 2025
State:
CA
Finished Sq Ft:
4,710
ZIP:
92651
Lot Size:
10,400 sqft / 0.24 acres (approx)
Year Built:
1947
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Schools
School District:
Laguna Beach Unified
Elementary School:
Top Of The World
Middle School:
Thurston
Interior
Accessibility Features
None
Appliances
6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
Cooling
Central Air, Zoned
Fireplace Features
Family Room, Kitchen, Circulating, Primary Bedroom, Primary Retreat, Gas
Flooring
Carpet, Tile, Wood
Heating
Central
Interior Features
Balcony, Living Room Balcony, Living Room Deck Attached, Pantry, Wired for Sound
Exterior
Community Features
Biking, Hiking, Park, Watersports
Electric
Standard
Garage Spaces
2.00
Lot Features
Back Yard, Bluff, Front Yard, Garden, Landscaped, Lawn, Park Nearby, Sprinkler System, Yard
Parking Features
Garage
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Spa Features
Private, Heated, In Ground
Stories Total
3
View
Catalina, City Lights, Neighborhood, Ocean, Panoramic, Water, White Water
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Map
Community
- Address2125 Ocean Way Laguna Beach CA
- AreaLV – Laguna Village
- SubdivisionWoods Cove (WC)
- CityLaguna Beach
- CountyOrange
- Zip Code92651
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2125 Ocean Way
Laguna Beach, CA
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