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31172 Ceanothus Drive, Laguna Beach, CA 92651

$7.5M3bd · 3ba · 2,462 sqft
Lot 19,602 sqft•Single Family Residence•
Active
•40d on market•MLS# 00-26976839

Property Description

The Richard Halliburton | Hangover House, designed by architect William Alexander Levy, circa 1937, is a very rare example of early 20th-century modern architecture using concrete and steel. Originally built for Halliburton, an American travel writer and adventurer, the name, Hangover House, comes from its positioning: perched 600-feet above the Pacific Ocean with incredible sweeping views up and down the coast, transitioning to east-facing views overlooking Aliso Canyon. The residence features a two-bedroom, two-and-a-half-bathroom main floor with a lower-level guest suite, situated on an almost 20,000 sqft. lot. An original spiral staircase leads to the rooftop deck, which offers 360-degree elevated ocean and surrounding views, where a steel-casement window serves as a wind screen for dining, relaxing and entertainment. The entire structure has been restored (concrete and steel were reinforced), and new plumbing and electrical systems are in place. Now the home just awaits the personalized touches of its next steward. The remaining work primarily includes finishing the kitchen and bathrooms (cabinets, fixtures and hardware), in addition to completing the lower guest suite. This unique offering also includes the neighboring lot (approx. 10,000 sqft.), which comes with approved plans (designed by LA architect, Marc Whipple) for a contemporary concrete and glass guest house (1149 sqft.), with an infinity-edge pool between the two residences, all connected by concrete steps. Originally featured in a 1938 edition of Architectural Record, the Hangover House is considered by many architectural historians to be among the early masterpieces of modern residential architecture in Southern California. This is an extremely rare opportunity to own an architectural trophy property with the option to merge the iconic original residence with a side-by-side contemporary example, all overlooking the Pacific Ocean in the heart of South Laguna Beach...

Features & Amenities

FeeBuilt 1937

Property Details

Land Type
Fee
Year Built
1937
Property Type
Residential
Property Subtype
Single Family Residence
Heating
None
View
Canyon, Coastline, Golf Course, Mountain(s), Ocean, Panoramic, Trees/Woods, White Water
Roof
Concrete
City
Laguna Beach
Zip Code
92651
County
Orange
Listed byAgents of Architecture, Inc., Jeff Walker

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$37,924.08
Principal & Interest
Loan Amount
$6,000,000
Total Interest
$7,652,669
Total Payment Over 30 Years
$13,652,669
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

31172 Ceanothus Drive, Laguna Beach, CA 92651

Laguna Beach · Single Family Residence

$7.5M
Luxury Tier
Beds
3
Baths
3
Sqft
2,462
Lot
19,602 sqft
Year
1937
$/Sqft
$3046
Pool: No✓
Spa: No✓
View: golf✓

Listed 96.9% above the median closed sale of $3,810,000. Price per sqft ($3,046) is a 67% premium to closed comps ($1,819). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $7.50M· $3,046/sqft
Total list price
Closed comps
vs closed median $3.81M
+$3.69M (+96.9%)
Active comps
vs active median $2.80M
+$4.70M (+167.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,531
+$2K (+98.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1505 Skyline DriveLaguna Beach1998342,29010,812$1,223$2.80M8166
2901 AlexanderLaguna Beach1999332,3432,550$1,579$3.70M14158
1046 OroLaguna Beach1987332,2736,425$1,099$2.50M8055
306 Loma TerraceLaguna Beach2027431,8765,110$2,388$4.48M4455
1467 Regatta RoadLaguna Beach1963332,0477,714$1,368$2.80M1754
Total: 5 · Average3.23.22,165.86,522.2$1,531.4$3.26M72.6
Median2,273$2.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1375 CerritosLaguna Beach196508/21/2026432,4456,975$3.45M$3.38M$1,3800.984263
1575 Via MajorcaLaguna Beach195307/31/2026331,9006,900$4.00M$4.25M$2,2371.067060
499 LegionLaguna Beach194709/28/2026432,33510,019$4.00M$3.81M$1,6320.9511460
401 LedroitLaguna Beach195409/09/2026432,0196,000$4.85M$5.10M$2,5261.052459
2147 Crestview DriveLaguna Beach192608/07/2026432,4618,664$3.25M$3.25M$1,3211.002057
Total: 5 · Average3.83.02,2327,711.6$3.96M$3.96M$1,819.2—54
Median2,335$3.81M$3.81M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.