
Laguna Beach, California 92651
This Contemporary Coastal Sanctuary is a Strong Value Opportunity, listed at $3,995,000—positioned well below the $4,395,000 Fair Market Value by 9%. This valuation gap offers $400,000 in Instant Equity for a property in Mint Condition. Comprehensively reimagined in 2023, the residence features Panoramic Ocean Views, a chef’s kitchen with Bardiglio Versilis marble, and access to Top-Rated 9/10 Schools. It perfectly balances high-end lifestyle with immediate financial upside, making it ideal for Owner-Occupants or Savvy Luxury Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 Skyline Drive Subject | $3,995,000* List Price | 4 | 4 | 2,702 | $1,479 | - |
A 1651 Thurston Dr Sold | $3,990,517 | 3 | 4 | 2,272 | $1,756 | 0.5 mi |
B 1704 Thurston Drive Sold | $4,200,000 | 2 | 2 | 2,202 | $1,907 | 0.4 mi |
C 660 Virginia Park Active | $3,995,000 List Price | 4 | 3 | 3,073 | $1,300 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was comprehensively reimagined in 2023, featuring a high-end kitchen with Bardiglio Versilis marble and Thermador/Sub-Zero appliances, new HVAC, and updated structural engineering. With the renovation being less than 5 years old, it meets the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12760, living area = 2702.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated on the prestigious Skyline Drive, the property offers world-class panoramic views of Catalina Island, the Pacific Ocean, and surrounding canyons from nearly every primary living space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the lot is large for the area, the significant descent and steep elevation may limit usable flat yard space and increase the cost of future outdoor landscaping or expansions.
A recent $400,000 price reduction from the original list price suggests the property may have initially struggled with market positioning relative to its 2023 purchase price and current local comps.
Skyline Drive - an iconic address earning its name every evening when the sun drops behind Catalina and sets the Pacific on fire. Captivating views, layers of scenic canyons, Catalina Island suspended at the edge of the Pacific beyond your own terraces.At the crest of Mystic Hills, on just over a quarter acre overlooking Laguna Beach, this Contemporary-style residence was built in 1994 and comprehensively reimagined in 2023. The 2,780-square-foot home, with four bedrooms and four baths, presents an ideal floor plan that enhances modern living and entertaining while accommodating evolving lifestyles. The principal living spaces and primary suite open directly onto ocean and canyon-facing terraces, where first light moves quietly across the interiors and sunsets command ambience. A dedicated lower level provides private guest accommodations or ancillary bedrooms with independent terrace access — separate, composed, quietly self-contained. Provenza hardwood floors, Onyx Glass windows, volume ceilings, custom millwork, and Sonos whole-home audio shape interiors that feel curated yet effortless. New HVAC and earthquake-resistant structural engineering ensure performance keeps pace with presentation. The kitchen and dining area form the gravitational center of the home — Bardiglio Versilis marble countertops, Raku rift oak cabinetry, Thermador and Sub-Zero appliances, and a waterfall bar elevate everyday living experiences. Beyond the interiors, the lot and exterior descend with uncommon depth, creating opportunity for terraced gardens, expanded outdoor living, or simply the quiet luxury of space at elevation. Further complementing this exceptional property – a picturesque ‘walkable’ enclave, a short distance from the Village, galleries, beaches, and the benefits of a coastal lifestyle, along with the accessibility of Coastal Orange County’s finest amenities, beaches, recreation, and resources.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.4 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,702 | 2,120 | 76% |
| Lot Size | 12,760 | 6,125 | 89% |
| Price | $4.00M | $3.20M | 66% |
| Price per sq ft | $1.5K | $1.5K | 43% |
| Built year | 1994 | 1964 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 172 | 25% |
Apr 23, 2026
$3,995,000
$4,395,000
-9% Price Drop
Initial Listing
Feb 25, 2026
$4,395,000
Initial Listing
Jul 3, 2023
$4,295,000
Public Record
Oct 3, 2022
$3,010,000
Public Record