
Laguna Beach, California 92651
This property presents a High-Potential Investment Opportunity with a List Price of $7,950,000—positioned well below the $8,273,363 Fair Market Value by 3%. This valuation gap offers $323,363 in Instant Equity. Featuring a Fair Condition Rating, the residence offers significant upside for modernization. With Panoramic Ocean Views and a location in the Laguna Beach Unified School District (all schools rated 9/10), this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a premier coastal estate.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, placing it in the 'Fair' category. While the structure is well-maintained, the interior finishes, cabinetry, and outdoor kitchen are dated. The listing description explicitly notes 'tremendous upside potential' and an opportunity to 'reimagine' the estate, indicating a need for modernization.
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 boasts rare, multi-directional vistas including the Pacific Ocean, Catalina Island, and the coastline, expertly captured through soaring ceilings and extensive walls of glass.
With 4,292 square feet and a flexible lower level, the floor plan accommodates a variety of uses such as a fitness studio, media room, or a potential ADU conversion for multi-generational living.
The marketing emphasis on 'upside potential' and the need to 'reimagine' suggests that the 2003-built residence may require significant cosmetic or structural updates to meet contemporary luxury standards.
At a list price of $7.95 million, the property is positioned at a premium that may be difficult to justify for buyers who must also factor in the substantial costs of the suggested renovations.
Perched above the coastline in Coast Royal, this ocean-view residence captures the essence of Laguna Beach living, where sweeping Pacific vistas, dramatic sunsets, and an effortless indoor-outdoor lifestyle converge. Designed to maximize natural light and ocean views, the main living spaces unfold beneath soaring ceilings and walls of glass, creating a bright, airy atmosphere throughout. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, offering an ideal setting for both everyday living and entertaining. At the heart of the home, the kitchen features premium appliances, custom cabinetry, and an oversized center island, all positioned to take advantage of the home's spectacular coastal backdrop. Sliding doors extend the living space outdoors to expansive view terraces, where the ocean becomes the focal point of every gathering. The primary suite serves as a private retreat, offering breathtaking views, a spa-inspired bath, and generous closet space. Additional bedrooms are thoughtfully positioned to enjoy abundant natural light and picturesque outlooks. A flexible lower-level space presents opportunities for a guest suite, fitness studio, media room, home office, or potential ADU conversion. Combining an exceptional location, captivating views, and tremendous upside potential, this is a rare opportunity to reimagine and elevate an already remarkable property into a truly exceptional coastal estate.
No exterior & parking available.
Grades K-5 • 5.1 mi
Grades 6-8 • 3.1 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,292 | 2,351 |
| Lot Size | 8,174 | 6,231 |
| Price | $7.95M | $3.25M |
| Price per sq ft | $1.9K | $1.7K |
| Built year | 2003 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 44 | 71 |
Jun 8, 2026
$7,950,000
Initial Listing
Nov 6, 2002
$1,080,000
Public Record
Nov 21, 2000
$800,000
Public Record