
Laguna Beach, California 92651
This Stunning Coastal Residence represents a Prime Investment Opportunity, listed at $7,850,000—positioned well below the $8,047,935 Fair Market Value by 2%. This valuation gap provides $197,935 in Instant Equity. Featuring a Condition Rating of 3, the home offers high-end custom finishes, including a Granite Kitchen and Panoramic Ocean Views. Located in the prestigious Laguna Beach Unified district with Top-Rated Schools, this property is an ideal sanctuary for Luxury Homeowners or Discerning Investors seeking a refined coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1409 Samoa Way Subject | $7,395,000* List Price | 4 | 5 | 5,603 | $1,366 | - |
A 622 Mystic Active | $7,299,000 List Price | 5 | 5 | 6,913 | $1,056 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1996 (30 years old), the property is in mint condition and reflects high-end custom maintenance. The kitchen and baths feature premium materials like limestone and top-tier appliances (Sub-Zero, Thermador, Bosch). While the cabinetry and track lighting are stylistically dated, the home is exceptionally well-maintained, functional, and move-in ready, surpassing the 'Fair' criteria.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The property features rare, unobstructed views of the Pacific Ocean, Catalina Island, and city lights from every room, significantly maximizing its coastal appeal and market value.
Built by Mark Falcone with Sheldon Harte interiors, the home boasts premium materials like limestone flooring, Macassar ebony, and a chef’s kitchen equipped with Sub-Zero and Thermador appliances.
Built in 1996, some interior aesthetic elements and architectural styles may feel dated to buyers seeking the ultra-modern minimalist designs currently trending in the luxury Laguna market.
While the lot is over 13,000 square feet, the hillside topography common in Mystic Hills may limit usable flat land for traditional outdoor activities or a large private lawn.
Sweeping ocean views from every room define this substantial custom residence, set on a wide-frontage 13,360-square-foot lot. Encompassing approximately 5,603 square feet, the four-bedroom, four-and-one-half-bath home is thoughtfully designed to maximize light, with dramatic coastal panoramas complemented by Catalina Island and city-light views that enhance the living spaces. Located on a cul-de-sac in the sought-after Mystic Hills neighborhood and crafted by contractor Mark Falcone with interiors by Sheldon Harte, the home presents a refined material palette anchored by limestone flooring throughout most living areas, with select accents of wood. The living room serves as a striking gathering space, highlighted by a gas fireplace with a black granite surround and Macassar ebony mantel. Pacific Ocean, canyon, and city-light views lend ambiance to dinner parties and relaxed evenings. Designed to blur the line between indoors and out, the residence features floor-to-ceiling walls of glass, while the exterior reflects timeless architectural character. Generously sized decking off a secondary grand living room with a bar area extends the living spaces and features an outdoor kitchen and vistas that encompass colorful sunsets and ever-changing skies. The primary suite near the main level boasts ocean-view deck access, a fireplace, generous walk-in closets, and a spa-worthy bath with a steam shower, creating an elegant, retreat-like ambiance. The kitchen is anchored by a large island and equipped with a 5 Star gas range, Thermador double ovens, two Bosch dishwashers, and a Sub-Zero refrigerator. Breathtaking ocean and whitewater views extend to the dining area, creating an inspiring setting for morning coffee. Low-maintenance, water-wise landscaping surrounds the residence, complementing the limestone decks and outdoor living areas. A three-car garage completes the property, offering ample parking and storage. With expansive views, generous proportions, and a thoughtful blend of timeless materials and modern comforts, this residence offers a refined coastal living experience in Laguna Beach. This one-of-a-kind home delivers an exceptional lifestyle with close proximity to beaches, restaurants, and shopping. Montage Resort and The Ranch at Laguna Beach are just minutes away, and Laguna’s village and Main Beach are only moments away. Imagine sharing a residence of this caliber with the people you love.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,603 | 2,351 |
| Lot Size | 13,360 | 6,231 |
| Price | $7.39M | $3.25M |
| Price per sq ft | $1.3K | $1.7K |
| Built year | 1996 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 44 | 71 |
Jul 15, 2026
$7,395,000
$7,850,000
-6% Price Drop
Initial Listing
Jun 8, 2026
$7,850,000
Initial Listing