$20,000,000
4 Bed
5 Bath
4,710
0.24 Acre Lot

2125 Ocean Way, Laguna Beach, California 92651

  • Residential Property Type
  • 4,710 Square Footage
  • Garage Cars Garage
  • 1947 Year Built
Property Description

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.

Basic Details
Residential
For Sale
LG25155939
$20,000,000
Pool
4
5
1
4,710
1947
0.24 Acre
Active
4
Single Family Residence
Features
: None
: Central
: Zoned, Central Air
: Family Room, Gas, Primary Bedroom, Kitchen, Circulating
: Open, Deck, Patio
: Garage
: Custom, Traditional
: Carpet, Tile, Wood
: Bedroom on Main Level, Primary Suite, Walk-In Closet(s), Breakfast Bar, Separate/Formal Dining Room, Balcony, Breakfast Area, Eat-in Kitchen, Walk-In Pantry, Multiple Primary Suites, Living Room Deck Attached, Pantry, Wired for Sound
: Inside, Laundry Room
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Available
$0
Appliances
: Dishwasher, Gas Oven, Gas Range, Double Oven, Gas Cooktop, Microwave, Disposal, Gas Water Heater, Refrigerator, Barbecue, 6 Burner Stove
Address Map
CA
Orange
Laguna Beach
Woods Cove (WC)
92651
Ocean
2125
Way
PCH to Moss St, right on Ocean Way
LV - Laguna Village
Neighborhood
Top Of The World
Laguna Beach Unified
Thurston
Additional Information
$0
$0
$0
$0
$0
: None
: Park, Biking, Hiking, Water Sports
Standard
1
2.0
: Three Or More
: Back Yard, Front Yard, Sprinkler System, Yard, Garden, Landscaped, Near Park, Bluff, Lawn
1
2025-07-14
3
https://www.youtube.com/watch?v=37nxdo Hj1K4
: Public
Broker/Agent Information
Berkshire Hathaway HomeServices California Properties
Shauna Covington
Listing Information
Leita Covington
lgcovilei
LPTI
Berkshire Hathaway HomeServices California Properties
LCOVISHA
LPTI
Cash,Cash to New Loan,1031 Exchange
Active
2025-07-15T13:31:00Z
CRMLS
: Standard
2025-07-14T15:25:10Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069