
Laguna Beach, California 92651
This Brand New Custom Residence represents a Strong Value Opportunity, listed at $7,995,000—positioned well below the $8,592,723 Fair Market Value by 6%. This valuation gap offers $597,723 in Instant Equity for the discerning buyer. Featuring a 2026 Condition Rating, the home showcases premium Thermador appliances, Taj Mahal quartzite, and a private courtyard with jacuzzi pool. Located in the prestigious Laguna Beach Unified district, this property is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a turnkey coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 478 Locust Subject | $7,995,000* List Price | 4 | 6 | 3,800 | $2,261 | - |
A 320 Emerald Bay Sold | $8,458,394 | 4 | 4 | 3,581 | $2,362 | 0.9 mi |
B 420 Emerald Bay Active Under Contract | $9,500,000 List Price | 4 | 4 | 3,508 | $2,708 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 custom construction featuring high-end modern finishes, premium Thermador appliances, and luxury materials like Taj Mahal quartzite. All systems are state-of-the-art and in mint condition with no maintenance required.
A brand-new 2026 custom build by architect Anders Lasater, featuring high-end finishes like Taj Mahal quartzite, a floating steel staircase, and an indoor koi pond that blends coastal charm with modern luxury.
Includes a fully self-contained one-bedroom guest suite with its own entrance, kitchen, and ocean-view balcony, providing exceptional flexibility for multi-generational living or premium guest hosting.
Situated in the prestigious North Laguna area, the property offers a rare combination of proximity to Shaw’s Cove and Heisler Park with the added convenience of a two-car garage plus a generous driveway.
Listed at nearly $8 million, the property commands a significant premium that may face scrutiny compared to direct oceanfront alternatives in the same price bracket.
With a 3,800 sqft home on a 6,098 sqft lot, the outdoor space is primarily concentrated in a private courtyard, which may lack the expansive lawn area desired by some luxury buyers.
Situated on the highly sought after tree-lined 400 block of Locust Street in North Laguna, this custom brand new construction home designed by architect Anders Lasater bridges a timeless coastal exterior with clean, modern interiors. The property features a generous front yard with tasteful landscaping that enhances its curb appeal, leading into a residence with four bedrooms and five and a half bathrooms that frame views of evening city lights and the Pacific. The heart of the home is an open-concept great room anchored by a custom kitchen with a large waterfall-edge island and suite of premium Thermador appliances. A bold floating steel staircase connects the ground level to the upstairs, while an indoor koi pond adds a unique architectural element. Multiple sections of pocketing glass doors retracts to open the main living area to a private courtyard with jacuzzi pool. Upstairs, the primary bedroom suite offers a serene atmosphere and a functional layout with dual closets and a spacious bath wrapped in Taj Mahal quartzite, complete with a freestanding soaking tub and a seamless walk-in shower. The property provides excellent flexibility with a completely self-contained one-bedroom guest suite, which features its own private entrance, a dedicated kitchen, and a private balcony with ocean views. A separate studio is a multipurpose space currently used as a home gym. Parking is highly accommodating for the area, featuring a two-car garage accessed off the quiet rear alley, plus a generous driveway for additional vehicles. Located just blocks from prominent North Laguna beaches like Shaw’s Cove, Crescent Bay, and Heisler Park, this home offers sophisticated design in a premier coastal neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 3,800 | 2,120 | 93% |
| Lot Size | 6,098 | 6,125 | 49% |
| Price | $8.00M | $3.20M | 89% |
| Price per sq ft | $2.1K | $1.6K | 82% |
| Built year | 2026 | 1964 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 171 | 3% |
May 22, 2026
$7,995,000
Initial Listing
Jan 25, 2022
$2,300,000
Public Record