2125 Ocean Way
Laguna Beach, CA 92651 • 4 Bed • 5 Bath • 4,710 sq.ft.

Property summary

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.

Days on market: 3

Listing updated: July 17, 2025 - 08:10:07

Property details

Property ID
LG25155939
Size
4710 sq.ft.
Home Type
Residential
Year Built
1947
Property Size
0.2388 acre
Garage
2
Levels
Spa
Heated, In Ground, Private
Patio
Deck, Open, Patio
Basement
No
View
Catalina, City Lights, Neighborhood, Ocean, Panoramic, Water
Pool
None

Listed by: Shauna Covington DRE #00991380 949-499-5900, Berkshire Hathaway HomeServices California Properties - Laguna

Source: Laguna, MLS#: LPTI Originating MLS: CRMLS

Interior information

Rooms
Bonus Room, Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Retreat, Sauna, Dining Room
Bathrooms
5
Kitchen
6 Burner Stove, Barbecue, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Cooling
Central Air, Zoned
Heating
Central
Flooring
Carpet, Tile, Wood
Laundry
Inside, Laundry Room
$20,000,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-28 03:09:39 PST 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. Properties may or may not be listed by the office/agent presenting the information.

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