
Laguna Beach, California 92651
This estate represents a High-Potential Investment Opportunity with a List Price of $9,000,000—positioned well below the $9,013,553 Fair Market Value by 0.15%. Featuring an infinity-edge pool, glass elevator, and panoramic ocean views, the property offers a Condition Rating of 4, signaling a need for modernization. Located in the Laguna Beach Unified district with 9/10 rated schools, this asset provides significant upside for Value-Add Investors and Luxury Developers seeking to reposition a premier coastal estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1076 Skyline Drive Subject 4 bd · 5 ba · 6,258 sqft · $1,422 | $8,900,000* List Price | 4 | 5 | 6,258 | $1,422 | - |
A 1409 Samoa Way Active 4 bd · 5 ba · 5,603 sqft · $1,320 · 0.3 mi | $7,395,000 List Price | 4 | 5 | 5,603 | $1,320 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 28-year-old estate falls into the >20y category. While it features high-end elements like an infinity pool, solar technology, and Brazilian cherry floors, the listing explicitly highlights it as a value-add opportunity needing modernization and design enhancement.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The estate offers rare, unobstructed panoramic views of Catalina Island and Main Beach, providing an irreplaceable coastal backdrop that significantly enhances the property's long-term asset value.
With over 6,200 square feet of interior space and a flexible floor plan, the residence provides a significant opportunity for luxury repositioning and modernization within the existing footprint.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6258, other record living area = 5185. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1998, the interior finishes and layout may require a substantial capital investment to align with the contemporary aesthetic standards expected at the $9 million price point.
As a value-add project rather than a turn-key residence, the property targets a specific investor profile, which may limit the pool of immediate owner-user buyers.
Set above one of Laguna Beach’s most iconic stretches of coastline, this gated one-third-acre estate offers unobstructed panoramic views of Catalina Island and Main Beach—an irreplaceable setting for investors seeking a high-value coastal asset. With more than 6,200 sq. ft. of interior space, the residence provides significant opportunity for modernization, reconfiguration, or design enhancement, including multiple interior zones suitable for creating additional living areas within the existing footprint. The scale, layout, and structural integrity make this property ideal for value-add strategies without requiring expansion. The exterior delivers strong fundamentals: an infinity-edge pool visually merging with the Pacific, expansive hardscape, coastal landscaping, a three-car garage with EV chargers, and a six-car motor court. Inside, the home features vaulted ceilings, multi-fold doors, a glass elevator, Brazilian cherry flooring, a home theater, and a chef’s kitchen anchored by Madagascar-quarried stone—premium elements that can be retained, refreshed, or fully reimagined depending on the investment approach. Four ensuite bedroom suites, integrated smart-home systems, solar technology, and a flexible floor plan support both luxury repositioning and long-term rental potential. Located near award-winning Laguna Beach High School and minutes from beaches, dining, and entertainment, this estate offers developers and investors a rare combination of location, scale, and clear upside potential in one of Southern California’s most desirable coastal markets. Furnishings shown are for staging only.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 5.0 | 3.0 |
| Square foot | 6,258 | 2,265.258 |
| Lot Size | 14,652 | 6,028.677 |
| Price | $8.90M | $3.56M |
| Price per sq ft | $1.4K | $1.7K |
| Built year | 1998 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 94 | 74 |
Oct 2, 2026
$8,900,000
$9,000,000
-1% Price Drop
Initial Listing
Jul 23, 2026
$9,000,000
Initial Listing
Oct 12, 2011
$3,860,000
Public Record
Aug 22, 1996
$400,000
Public Record