
Laguna Beach, California 92651
This Historic Cannon Electric Estate is a Stunning Move-In Ready Sanctuary listed at $7,595,000, representing a stable valuation at its $7,595,000 Fair Market Value. Following a comprehensive top-to-bottom renovation, the home features panoramic ocean views across three levels and a redesigned chef's kitchen. Boasting an Excellent Condition Rating, the property integrates smart-home technology with historic architectural character. Located in the Laguna Beach Unified district with top-rated 9/10 schools, this estate offers an elite coastal lifestyle. It is the perfect fit for Luxury Home Seekers or Discerning Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 Queda Way Subject | $6,975,000* List Price | 5 | 6 | 4,440 | $1,508 | - |
A 723 Balboa Avenue Sold | $4,950,000 | 4 | 5 | 4,030 | $1,228 | 0.4 mi |
B 791 Nyes Place Sold | $6,100,000 | 4 | 4 | 3,264 | $1,869 | 0.5 mi |
C 739 Marlin Sold | $5,165,000 | 4 | 5 | 3,315 | $1,558 | 0.4 mi |
D 711 Gull Active | $8,599,000 List Price | 5 | 6 | 4,798 | $1,792 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive top-to-bottom renovation (less than 5 years ago) including a fully redesigned modern kitchen with high-end appliances, spa-level bathrooms, and complete upgrades to all major systems including HVAC, electrical, and plumbing.
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 offers expansive, unobstructed views of the Pacific Ocean, Catalina Island, and the coastline across all three levels, maximizing its premium hillside position.
A complete top-to-bottom transformation features high-end finishes, a redesigned chef's kitchen, and fully upgraded major systems including HVAC, electrical, and smart-home integration.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property underwent a substantial price reduction of nearly $1 million from its original list price, indicating a potential misalignment with initial market expectations.
With a lot size of 7,200 square feet, the outdoor space is relatively compact for a residence at this price point, which may limit privacy or extensive garden features.
Ciela Del Mar — "Heaven By The Sea" - The Historic Cannon Electric Estate Where coastal calm meets elevated modern living. Perched in the hills of Laguna Beach and transformed through a top-to-bottom renovation, 2616 Queda Way delivers the kind of coastal living people imagine but rarely find. Clean architectural lines, warm natural textures, and intelligent upgrades come together to create a home that feels effortless from the moment you walk in. Ciela Del Mar is true to its name: Heaven by the Sea, with every finish, fixture, and detail thoughtfully selected to complement both the home and its setting. Expansive ocean views unfold across all three levels, creating a constant visual connection to the coastline and drawing natural light deep into the home. Inside, light moves through the windows and doors, revealing an interior rebuilt with precision: a fully redesigned kitchen with on-trend finishes, spa-level bathrooms, smooth-coat walls, engineered wood flooring, and curated lighting that elevates every space. All major systems were upgraded—electrical, plumbing, HVAC, and audio—providing a modern, future-ready foundation with smart-home features integrated throughout. Originally built in the 1940s as part of the historic Cannon Estate, the home carries a legacy that has been thoughtfully preserved while being fully reimagined for today’s lifestyle. Step outside and the experience continues. New hardscape, reimagined landscaping, new railings, fresh exterior paint, and a custom patio cover shape an outdoor environment designed for connection—morning coffee with ocean air, sunset gatherings, or quiet evenings under soft coastal light.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 3.6 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,440 | 2,351 |
| Lot Size | 7,200 | 6,231 |
| Price | $6.97M | $3.25M |
| Price per sq ft | $1.6K | $1.7K |
| Built year | 1940 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 154 | 71 |
Jun 18, 2026
$6,975,000
$7,195,000
-3% Price Drop
Initial Listing
May 27, 2026
$7,195,000
$7,595,000
-5% Price Drop
Initial Listing
Mar 25, 2026
$7,595,000
$8,500,000
-11% Price Drop
Initial Listing
Feb 18, 2026
$8,500,000
Initial Listing
Aug 16, 2024
$3,650,000
Public Record
Oct 31, 1995
$1,415,000
Public Record