1289 Skyline Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 3 bath
1289 Skyline Drive
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 1289 Skyline Drive, Laguna Beach, California 92651 reveals a Prime Investment Opportunity with a current list price of $3,799,999—significantly undercutting the $4,077,909 Fair Market Value by 7%. This valuation gap indicates a +$277,910 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1289 Skyline Drive Subject | $3,799,999* List Price | 4 | 3 | 2,020 | $2,019 | - |
A 1380 Skyline Drive Sold | $3,325,000 | 4 | 2 | 1,826 | $1,821 | 0.2 mi |
B 1056 Madison Place Sold | $3,025,000 | 3 | 2 | 1,515 | $1,997 | 0.9 mi |
C 1981 San Remo Active | $3,399,000 List Price | 4 | 3 | 2,069 | $1,643 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1964, this property has undergone an extensive, high-quality renovation, evident in the 'stunning contemporary residence' description and images. The gourmet kitchen features high-end Subzero and Miele appliances, Rational German cabinets, and modern finishes. Bathrooms are also updated with contemporary fixtures and tiling. Hardwood floors, LUTRON lighting, and modern architectural details throughout indicate a recent and comprehensive overhaul, presenting a virtually new condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2020.
- Great Schools
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
- Unrivaled Panoramic Views
The property boasts breathtaking panoramic ocean and canyon views from an ideal lot, a highly sought-after feature in Laguna Beach, significantly enhancing its appeal and value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10019, other record lot size in square feet = 9910. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2020, other record living area = 1617. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Original Construction Year (1964)
Despite contemporary updates, the home's original build year of 1964 may imply older underlying infrastructure or systems that could require future maintenance or upgrades not immediately apparent.
- High Price Point
The nearly $3.8 million list price positions the property in a highly exclusive market segment, potentially limiting the pool of prospective buyers.
About 1289 Skyline Drive
Single Level Ranch home in Prime Laguna Beach. Located in the desirable Mystic Hills, this stunning contemporary residence is situated on an ideal lot with ocean and panoramic canyon views. Only a few minutes from Laguna Main Beach. 3 bed, 2 bath entertainers dream main house with an additional DETACHED 1 bed and 1 bath guest house/casita comes with many architectural designs such as beamed high ceilings, built-in entertainment cabinets, soft LUTRON lighting, hardwood floors, and modern rounded wall edges and colors. Once inside, the spacious living room and dining room opens to a grand deck with a breathtaking panoramic canyon, ocean views and the swimming pool. Indoor outdoor living at it's best as well as a lawn area for the pets. Gourmet kitchen with Subzero and Miele appliances including a wine fridge, Rational German kitchen cabinets and pocket doors from the dining room kitchen separation. Guest house built like a modern retreat with shoji sliding screens with views of the pool, ocean and canyon. It provides a flexible space for possible ADU conversion, a home office, or artist studio, expanding the total living area to approximately 2020 square feet. Main house has hidden TV in cabinet over the fireplace. Garage has a stainless steel door and an electrical outlet for electric car charging. Ample street parking.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Laguna Beach Unified Schools
Top Of The World Elementary School
Grades K-5 • 1.4 mi
El Morro Elementary School
Grades K-5 • 2.1 mi
Thurston Middle School
Grades 6-8 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,020 | 2,048 | 48% |
| Lot Size | 10,019 | 6,041.5 | 86% |
| Price | $3.80M | $3.06M | 65% |
| Price per sq ft | $1.9K | $1.6K | 68% |
| Built year | 1964 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 200 | 3% |
Pricing History
Listed for Sale
Jan 15, 2026
$3,799,999
Initial Listing