
Laguna Beach, California 92651
This iconic hillside residence represents a High-Potential Investment Opportunity, currently listed at $5,595,000—positioned well above the $4,996,469 Fair Market Value by -11%. While the pricing reflects its unique architectural pedigree and panoramic coastal views, the property maintains a Fair Condition Rating, suggesting significant upside through modernization. Featuring a permitted lower-level guest suite and exceptional structural integrity, this home is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a landmark property in the top-tier Laguna Beach Unified school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 664 Mystic View Subject | $5,595,000* List Price | 4 | 4 | 3,440 | $1,452 | - |
A 1598 Skyline Drive Sold | $4,225,000 | 3 | 4 | 3,543 | $1,192 | 0.7 mi |
B 604 Catalina Sold | $3,975,000 | 3 | 2 | 2,516 | $1,580 | 0.4 mi |
C 499 Legion Active | $3,999,000 List Price | 4 | 3 | 2,335 | $1,713 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old home is well-maintained but features dated architectural elements such as glass block walls, Saltillo tile flooring, and older fireplace finishes. While functional and move-in ready, the kitchen and bathrooms lack recent renovations, placing it in the 'Fair' category due to age and the need for modern updates.
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 occupies a premier hillside position with 'no roofs to look over,' offering rare, front-row vistas of the Pacific Ocean, Catalina Island, and the Laguna Beach coastline.
Engineered by a renowned geophysicist and designed by Sigler-Zane, this home’s exceptional construction is proven by its survival of the 1993 Laguna fire while neighboring homes were lost.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3440, other record living area = 2968. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
Built in 1984 with a unique circular design and 'colorful personality,' the interior may require significant modernization to align with current luxury market trends and buyer preferences.
The property has experienced a recent $300,000 price reduction after 47 days on the market, suggesting that the initial pricing was high relative to its original condition and specialized architecture.
INCREDIBLE BUY! A distinctive landmark on Laguna’s hillside landscape for decades, this iconic property provides a front row seat to watch the city’s downtown, coastal and artistic happenings enfold. Never offered for sale before, the home features a timeless design of circles and captivating views. With no roofs to look over, the house was carefully sited on the spacious lot to build a large structure while maintaining sizeable open areas for decks, gardens, and terraces for fruit trees. Originally designed by Sigler-Zane Architectural Associates, engineering by Siavash Bahador, one of the owners was a renowned geophysicist who oversaw every detail of construction. Built to last, this home survived the big 1993 fire that destroyed many neighboring homes. A later permitted expansion of the lower third level with design by architect Kirk Saunders added guest quarters that could potentially be an income generator. The top level includes a foyer entry, living room, primary bedroom with ensuite bath, half bath, dining area, gourmet kitchen and loft/office area above the kitchen leading to an open-air deck. The second level offers many flex-use rooms with 2-3 bedrooms possible, exercise area, library room with walls of glass door shelving and huge storage rooms that hold laundry and mechanical appliances. If hypnotic views and a colorful personality suit you, this home may be one you will want to make your own!
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,440 | 2,244.917 |
| Lot Size | 8,250 | 6,150.208 |
| Price | $5.59M | $3.48M |
| Price per sq ft | $1.6K | $1.7K |
| Built year | 1984 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 66 | 73 |
Aug 21, 2026
$5,595,000
$5,895,000
-5% Price Drop
Initial Listing
Jul 5, 2026
$5,895,000
Initial Listing