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$20,000,000
1 Day On Site

2125 Ocean Way
Laguna Beach, CA 92651

For Sale|Single Family Residence|Active
4
Beds
5
Total Baths
4
Full Baths
1
Partial Bath
4,710
SqFt
$4,246
/SqFt
1947
Built
Subdivision:
Woods Cove (WC)
County:
Orange
Listed by Shauna Covington of Berkshire Hathaway HomeServices California Properties [email protected]
Upcoming Open Houses
Wed, Jul 16, 10:00 AM - 1:00 PM
2125 Ocean Way2125 Ocean Way2125 Ocean Way2125 Ocean Way
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Mortgage Calculator

Monthly Payment (Est.)

$91,248
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$20,000,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
4,710 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.2388 Acres
Year Built 
1947
MLS® Number 
LG25155939
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.2388
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
3
Parking 
Garage
Parking Spaces 
2
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Three Or More
Style 
CustomTraditional
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Double OvenDishwasherGas CooktopDisposalGas OvenGas RangeGas Water HeaterMicrowaveRefrigerator
Cooling 
Central AirZoned
Fireplace 
Yes
Fireplace Features 
CirculatingFamily RoomGasKitchenMaster Bedroom
Flooring 
CarpetTileWood
Heating 
Central
Interior 
Breakfast BarEat-in KitchenPantryWired for SoundWalk-In Closet(s)
Laundry Features 
InsideLaundry Room
Main Level Bedrooms 
1
Spa 
Yes
Bathroom 
Features - Stone Counters, Soaking Tub
Bedroom 
Bonus Room 
Dining Room 
Family Room 
Kitchen 
Laundry 
Living Room 
Master Bathroom 
Master Bedroom 
Office 
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Exterior Features
Exterior 
BarbecueGardenBalcony
Lot Features 
BluffBack YardFront YardGardenLandscaped
Patio And Porch 
DeckPatio
Pool Features 
None
Road Frontage 
City Street
Spa 
Yes
Spa Features 
HeatedIn GroundPrivate
View 
City LightsNeighborhoodOceanPanoramicWater
Waterview 
City LightsNeighborhoodOceanPanoramicWater
Community Features
Building Access 
1
Community Features 
Park
Financing Terms Available 
Cash1031 Exchange
MLS Area 
LV - Laguna Village
School District 
Laguna Beach Unified
Schools
School District
Laguna Beach Unified
Elementary School
Top Of The World
Middle School
Thurston
High School
Unknown


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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