
Laguna Beach, California 92651
This Stunning Coastal Residence is a Strong Value Opportunity, listed at $7,295,000—positioned well below the $7,635,123 Fair Market Value by 4%. This valuation gap offers $340,123 in Instant Equity for the discerning buyer. Featuring a Good Condition Rating, the home boasts Panoramic Ocean Views, a Chef’s Kitchen, and a Single-Level Living Layout. Located in the prestigious Laguna Beach Unified district, this property is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a premier coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 Panorama Drive Subject 3 bd · 4 ba · 2,948 sqft · $2,438 | $7,295,000* List Price | 3 | 4 | 2,948 | $2,438 | - |
A 156 Chiquita Sold 4 bd · 3 ba · 2,542 sqft · $2,557 · 0.3 mi | $6,500,000 | 4 | 3 | 2,542 | $2,557 | 0.3 mi |
B 738 Cliff Drive Sold 4 bd · 6 ba · 3,200 sqft · $2,422 · 0.5 mi | $7,750,000 | 4 | 6 | 3,200 | $2,422 | 0.5 mi |
C 420 Emerald Bay Sold 4 bd · 4 ba · 3,508 sqft · $2,594 · 0.2 mi | $9,100,000 | 4 | 4 | 3,508 | $2,594 | 0.2 mi |
D 320 Emerald Bay Sold 4 bd · 4 ba · 3,581 sqft · $2,362 · 0.3 mi | $8,458,394 | 4 | 4 | 3,581 | $2,362 | 0.3 mi |
E 472 Holly Street Sold 5 bd · 4 ba · 3,356 sqft · $2,071 · 0.8 mi | $6,950,000 | 5 | 4 | 3,356 | $2,071 | 0.8 mi |
F 478 Locust Sold 4 bd · 6 ba · 3,800 sqft · $2,026 · 0.7 mi | $7,700,000 | 4 | 6 | 3,800 | $2,026 | 0.7 mi |
G 1680 Louise Active 4 bd · 4 ba · 3,197 sqft · $2,346 · 0.2 mi | $7,500,000 List Price | 4 | 4 | 3,197 | $2,346 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the property was rebuilt in 2002 (22 years ago), it is exceptionally well-maintained and features high-end finishes that appear more recent. The chef's kitchen is equipped with premium Sub-Zero and Viking appliances and Carrara marble, while the bathrooms and stained white oak floors show minimal wear, placing it in the 'Good' category as a move-in ready home with functional, high-quality systems.
The property features exceptional, unobstructed views of the Pacific Ocean, Catalina Island, and the coastline, maximized by floor-to-ceiling glass walls throughout the living spaces.
The highly desirable floor plan places the primary suite and main living areas on the entry level, offering convenience and accessibility that is highly sought after in the luxury market.
Rebuilt by architect Scott Laidlaw, the home boasts premium materials including Carrara marble, Viking and Sub-Zero appliances, and Riviera Bronze doors, ensuring a high-end aesthetic.
At a list price of $7.295M for approximately 2,948 square feet, the property commands a significant premium that may limit the pool of value-conscious buyers.
With only three formal bedrooms, the home may lack the necessary space for larger families or buyers requiring multiple dedicated guest rooms and home offices.
PANORAMIC OCEAN VIEWS — Perched on a private ridge in North Laguna, this exceptional coastal residence enjoys a spectacular panorama stretching across the Pacific to Catalina Island, with miles of coastline, sparkling city lights and unforgettable sunsets. Completely rebuilt in 2002 with an open floor plan by architect Scott Laidlaw, the home was thoughtfully designed around its extraordinary setting, with walls of glass connecting the interiors to expansive terraces, ocean views and beautifully landscaped gardens. The highly desirable floor plan places the primary living spaces and primary suite on the entry level. At the heart of the home, the spacious great room features soaring ceilings, two distinct seating areas, a limestone fireplace and dining area—all framed by dramatic floor-to-ceiling views. The chef’s kitchen is equally well appointed with Carrara marble countertops, Sub-Zero refrigerator and wine cooler, Viking range, center island and walk-in pantry. The main-level primary suite is a private retreat with a fireplace, oversized walk-in closet, sweeping ocean views and its own terrace. Also on this level is a den that can easily function as a fourth bedroom. Downstairs, two additional guest bedrooms with en-suite baths open to ocean views and lush gardens, creating a private space for family and guests. Additional details include stained white oak floors and Riviera Bronze doors. This is a rare opportunity to enjoy privacy, distinctive architecture and some of North Laguna’s most captivating views—just minutes from Laguna’s beaches, coves and downtown, with easy access to Crystal Cove, Corona del Mar and Newport Beach.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,948 | 2,265.258 |
| Lot Size | 7,800 | 6,028.677 |
| Price | $7.29M | $3.56M |
| Price per sq ft | $2.5K | $1.7K |
| Built year | 2000 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 39 | 74 |
Sep 16, 2026
$7,295,000
Initial Listing
Jul 30, 2014
$4,000,000
Public Record
Nov 26, 1996
$507,500
Public Record
Feb 28, 1996
$415,000
Public Record