
Laguna Beach, California 92651
This Ultra-Exclusive Coastal Estate is a Strong Value Opportunity, listed at $12,000,000—positioned well below the $13,009,325 Fair Market Value by 7%. This valuation gap provides $1,009,325 in Instant Equity. Boasting an Excellent Condition Rating after a high-end renovation, the home features Wolf appliances, a massive marble island, and ocean-view terraces. Located in the historic, 20-residence Smithcliffs enclave within the Laguna Beach Unified district, it offers elite privacy and significant financial upside. This is a premier acquisition for Luxury Homeowners or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 Smithcliffs Subject | $12,000,000* List Price | 4 | 5 | 5,412 | $2,404 | - |
A 138 Emerald Bay Sold | $9,800,000 | 4 | 5 | 3,431 | $2,856 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1997, the property has clearly undergone an extensive, high-end renovation within the last 5 years. The interior features premium wide-plank hardwood flooring, contemporary recessed lighting, and modern black-framed glass doors. The kitchen is a standout with professional-grade Wolf appliances, a massive marble island, and designer two-tone cabinetry. Every visible component, from the fireplaces to the fixtures, meets the highest current quality standards with no evidence of deferred maintenance.
Situated in the historic Smithcliffs enclave of only 20 residences, this property offers a rare opportunity to own in one of Laguna Beach's most prestigious and tightly held gated communities.
The home is positioned on a quiet cul-de-sac behind an additional automatic security gate, providing an exceptional level of seclusion and safety within an already gated neighborhood.
With over 5,400 square feet of updated interiors and seamless indoor-outdoor flow to view terraces, the home is perfectly configured for high-end entertaining and relaxed blufftop living.
While the property boasts ocean views, the listing metadata notes 'Peek-A-Boo' perspectives, which may be a drawback for buyers expecting unobstructed panoramic vistas at this $12M price point.
The current list price represents a significant jump from its recent sales history, potentially challenging appraisal values and requiring a highly specific buyer to justify the market positioning.
Welcome to Smithcliffs, one of Laguna Beach’s most private and historic coastal enclaves, established in 1915 and comprised of only 20 residences. Located within this ultra-exclusive gated North Laguna community, 34 Smithcliffs Road presents a rare opportunity to own in one of the city’s most tightly held blufftop neighborhoods. Positioned on a quiet cul-de-sac behind an additional automatic security gate, the home captures sweeping ocean, coastline, and sunset views while offering exceptional privacy just moments from Laguna’s renowned beaches, galleries, restaurants, and village amenities. Thoughtfully updated interiors, expansive living areas, view terraces, and seamless indoor-outdoor flow create an ideal setting for both entertaining and relaxed coastal living. Defined by its historic character, architectural pedigree, and elevated position above the shoreline, Smithcliffs represents one of Laguna Beach’s most coveted residential settings—where opportunities to purchase are exceptionally rare.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 5.0 | 3.0 | 84% |
| Square foot | 5,412 | 2,109 | 98% |
| Lot Size | 11,727 | 6,001.5 | 91% |
| Price | $12.00M | $3.08M | 94% |
| Price per sq ft | $2.2K | $1.6K | 79% |
| Built year | 1997 | 1965 | 82% |
| HOA | $600.0 | $0 | 89% |
| Days on market | 11 | 181 | 2% |
Apr 11, 2026
$12,000,000
Initial Listing
Mar 29, 2024
$10,000,000
Public Record
Oct 16, 2019
$5,100,000
Public Record
Jun 13, 1995
$445,000
Public Record