465 Panorama Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath

465 Panorama Drive, Laguna Beach, California 92651 home-pic-0
ACTIVE$15,500,000
465 Panorama Drive, Laguna Beach, California 92651
4Beds
5Baths
5,201Sqft
10,350Lot

Price Vs. Estimate

The estimated value ($11,460,923.72) is $4,039,076.28 (26%) lower than the list price ($15,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Ocean Views & Prime Location: Perched atop a coveted Laguna Beach vantage point, the property offers unparalleled 180-degree ocean views, capturing breathtaking vistas of the full coastline from every room, arguably the finest in the area.
Top Cons:
Significant Price-to-Estimate Discrepancy: The listing price of $15.5 million is substantially higher than the estimated value of $11.46 million, which may necessitate strong justification to potential buyers and could impact market time.

Compared to the nearby listings

Price:$15.50M vs avg $3.12M (+$12,375,000)98%
Size:5,201 sqft vs avg 2,018 sqft96%
Price/sqft:$3.0K vs avg $1.6K93%

More Insights

Built in 2002 (23 years old).
Condition: Built in 2002, this property has been meticulously maintained and extensively updated with top-tier, modern features and finishes. The gourmet kitchen boasts Poggenpohl cabinetry, Cristallo quartzite island, and Miele/Gaggenau appliances, all in pristine, contemporary condition. Bathrooms feature high-end cabinetry and luxury fixtures. Flooring consists of custom hand-troweled epoxy and hand-finished oak, and the home is equipped with state-of-the-art Control4 smart home technology, automated Fleetwood doors, and a negative-edge pool. All components appear virtually new, meeting the highest current quality standards with no visible deferred maintenance.
Year Built
2002
Close
-
List price
$15.5M
Original List price
$15.5M
Price/Sqft
$2,980
HOA
-
Days on market
-
Sold On
-
MLS number
OC25151450
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
Deck
Pool
Spa
ViewCatalina,City Lights,Coastline,Mountain(s),Ocean,Panoramic,Water

About this home

Architecturally Significant Ocean View Modern In the Sky – Laguna Beach Perched atop one of Laguna Beach’s most coveted vantage points, this architectural tour de force masterfully designed by acclaimed architects Horst Noppenberger and Paul McLean and built to exacting standards by Prestige Builders redefines coastal luxury living. Showcasing unparalleled 180-degree ocean views, this gated estate captures breathtaking vistas spanning the full coastline, both north and south arguably the finest in all of Laguna Beach. A bold expression of contemporary design, the residence rises nearly 60 feet from floor to rooftop, evoking a sense of floating above the ocean below while offering complete privacy and jaw-dropping views from every room. The dramatic entry sequence, defined by monumental vertical white concrete walls and a stone driveway that curves to a crescent-shaped entry, sets a striking tone of sophistication upon arrival. Designed to maximize the immersive ocean experience, the interior blends a refined material palette of custom hand-troweled epoxy flooring with hand-finished oak, creating a warm, minimalist interior that flows effortlessly throughout. Floor-to-ceiling glass and automated disappearing Fleetwood doors seamlessly connect expansive interiors with sun-soaked terraces and a negative-edge pool and spa framed in stone. Elevating the art of home entertainment, the residence features a state-of-the-art theater, full bar, and temperature-controlled wine cellar creating the ultimate environment for hosting friends and family. At the heart of the home, the gourmet kitchen features Poggenpohl cabinetry, a glowing Cristallo quartzite island, Miele and Gaggenau appliances, and a fully equipped butler’s kitchen blending function with refined design for both everyday living and elevated culinary experiences. Smart home technology powered by Control4, including automated lighting, climate control, and a comprehensive security system, enhances ease and peace of mind. Crowning the home, the penthouse-level primary suite spans the entire fourth floor, offering sweeping ocean views, dual walk-in closets, Poggenpohl cabinetry, and an oversized soaking tub for two. An oversized 3.5-car garage, private elevator, direct access to preserve trails, and proximity to Newport Coast, Fashion Island, and John Wayne Airport round out this exceptional offering.

Condition Rating
Excellent

Built in 2002, this property has been meticulously maintained and extensively updated with top-tier, modern features and finishes. The gourmet kitchen boasts Poggenpohl cabinetry, Cristallo quartzite island, and Miele/Gaggenau appliances, all in pristine, contemporary condition. Bathrooms feature high-end cabinetry and luxury fixtures. Flooring consists of custom hand-troweled epoxy and hand-finished oak, and the home is equipped with state-of-the-art Control4 smart home technology, automated Fleetwood doors, and a negative-edge pool. All components appear virtually new, meeting the highest current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Exceptional Ocean Views & Prime Location: Perched atop a coveted Laguna Beach vantage point, the property offers unparalleled 180-degree ocean views, capturing breathtaking vistas of the full coastline from every room, arguably the finest in the area.
Award-Winning Architectural Design: Masterfully designed by acclaimed architects Horst Noppenberger and Paul McLean and built to exacting standards by Prestige Builders, this residence is an architecturally significant, bold expression of contemporary design.
High-End Luxury Amenities: The estate boasts a state-of-the-art theater, full bar, temperature-controlled wine cellar, and a gourmet kitchen featuring Poggenpohl cabinetry, Cristallo quartzite island, Miele/Gaggenau appliances, and a butler’s kitchen.
Seamless Indoor-Outdoor Living & Privacy: Floor-to-ceiling glass and automated disappearing Fleetwood doors seamlessly connect expansive interiors with sun-soaked terraces and a negative-edge pool and spa, all while ensuring complete privacy.
Advanced Smart Home Technology: Equipped with Control4 smart home technology, including automated lighting, climate control, and a comprehensive security system, providing modern convenience and peace of mind.

Cons

Significant Price-to-Estimate Discrepancy: The listing price of $15.5 million is substantially higher than the estimated value of $11.46 million, which may necessitate strong justification to potential buyers and could impact market time.
Niche Architectural Style: While a strength for some, the property's bold contemporary and minimalist design, with its specific material palette, may appeal to a more defined buyer demographic, potentially narrowing the market pool.
Lower Bedroom Count for Price Point: With 4 bedrooms, the property offers fewer sleeping accommodations compared to some comparable luxury estates in this price range and square footage, which might be a consideration for larger families or those desiring more guest space.

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