
Laguna Beach, California 92651
This Stunning Coastal Estate is a Strong Value Opportunity, listed at $9,995,000—positioned well below the $10,100,550 Fair Market Value by 1%. This valuation gap offers $105,550 in Instant Equity. Featuring a Mint Condition Rating, the home offers a grotto-style pool, spa, and panoramic ocean views. Located in the prestigious Laguna Beach Unified School District with all schools rated 9/10, this residence is a premier choice for discerning luxury buyers or owner-occupants seeking a sophisticated, move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 673 Mystic Way Subject 4 bd · 5 ba · 5,200 sqft · $1,942 | $9,995,000* List Price | 4 | 5 | 5,200 | $1,942 | - |
A 478 Locust Sold 4 bd · 6 ba · 3,800 sqft · $2,026 · 0.8 mi | $7,700,000 | 4 | 6 | 3,800 | $2,026 | 0.8 mi |
B 1302 Skyline Drive Pending 4 bd · 5 ba · 4,545 sqft · $1,979 · 0.2 mi | $8,995,000 List Price | 4 | 5 | 4,545 | $1,979 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1996, the property has been recently refreshed and revitalized with high-end finishes. The kitchen and bathrooms feature modern, top-tier renovations including marble surfaces, premium integrated appliances, and contemporary fixtures that appear to be less than 5 years old, placing it in mint condition.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
The estate offers unobstructed, panoramic vistas of the Pacific Ocean, Catalina Island, and Laguna Beach city lights from nearly every interior vantage point and expansive outdoor terraces.
Featuring a grotto-style pool, spa, and over 5,200 square feet of recently refreshed living space, the home is masterfully designed for high-end entertaining and sophisticated coastal leisure.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5200, other record living area = 4999. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
A $500,000 price reduction within the first 34 days on market suggests the initial list price may have been aggressive relative to current luxury market absorption rates.
With a substantial 5,200 square foot residence situated on an 8,800 square foot lot, the outdoor space is primarily dedicated to hardscape and the pool, offering limited traditional yard or garden area.
Perched within the prestigious enclave of Mystic Hills, this recently refreshed estate strikes a masterful balance between sophisticated grandeur and the effortless ease of coastal living. The residence is a sanctuary of leisure, centered around an inviting grotto-style pool and spa that sets the tone for a resort-like lifestyle. Sited to capture a breathtaking panorama, the home offers unobstructed views of the Pacific Ocean, Catalina Island, and shimmering lights of Laguna Beach from nearly every interior vantage point and expansive outdoor terraces. Spanning more than 5,200 square feet of revitalized living space, the property transitions seamlessly from grand entertaining areas to private sleeping quarters. A gated courtyard provides a stately sense of arrival, leading to an interior defined by high-end finishes and timeless architectural details. The floor plan is anchored by formal living and dining rooms, a rich wood-paneled office which could double as a bedroom, and four wood-burning fireplaces that provide warmth to the home’s expansive proportions. The decadent primary suite serves as a serene sanctuary, while the secondary living room on the lower level and exterior grounds with multiple viewing decks are designed for year-round hosting. This estate represents a rare opportunity for the discerning buyer seeking a residence that is equally suited for high-profile entertaining and sophisticated daily life.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,200 | 2,265.258 |
| Lot Size | 8,800 | 6,028.677 |
| Price | $9.99M | $3.56M |
| Price per sq ft | $1.9K | $1.7K |
| Built year | 1996 | 1971 |
| HOA | $0 | $3.7K |
| Days on market | 37 | 74 |
Oct 22, 2026
$9,995,000
Initial Listing
Sep 18, 2026
$10,495,000
Initial Listing
Apr 25, 2025
$7,100,000
Public Record
Nov 30, 2011
$3,050,000
Public Record
Sep 4, 2002
$3,100,000
Public Record
Apr 26, 1999
$2,200,000
Public Record