
Laguna Beach, California 92651
This Iconic Mid-Century Legacy Property is a Strong Value Opportunity with a List Price of $3,895,000—positioned well below the $4,283,795 Fair Market Value by 9%. This valuation gap offers $388,795 in Instant Equity. Despite its Dated Condition Rating, the expansive 9,520-square-foot lot and 270-degree Panoramic Views provide massive development upside. Located near Top-Rated 9/10 Schools, this asset is ideal for Luxury Developers or Mid-Century Enthusiasts looking to restore or rebuild a premier coastal estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 696 Mystic View Subject | $3,750,000* List Price | 3 | 3 | 2,447 | $1,592 | - |
A 1961 Temple Hills Drive Sold | $2,750,000 | 4 | 4 | 2,500 | $1,100 | 0.9 mi |
B 1214 Anacapa Way Sold | $4,175,000 | 4 | 3 | 2,594 | $1,609 | 0.3 mi |
C 1704 Thurston Drive Sold | $4,200,000 | 2 | 2 | 2,202 | $1,907 | 0.7 mi |
D 1969 San Remo Drive Sold | $2,700,000 | 4 | 3 | 2,140 | $1,262 | 0.9 mi |
E 604 Catalina Active | $4,250,000 List Price | 3 | 2 | 2,516 | $1,689 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this mid-century residence is well-maintained and professionally staged, but remains largely in its original architectural state. While the kitchen has received cosmetic updates including stainless steel appliances and stone countertops, the cabinetry and overall infrastructure are dated. The listing itself identifies the property as an opportunity for restoration or a complete rebuild, indicating that while functional, the home requires significant modernization to meet current luxury standards.
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 boasts rare 270-degree views of the Pacific Ocean, Catalina Island, and coastline from nearly every room, providing a premier coastal living experience.
Situated on an expansive 9,520-square-foot lot, the property offers a rare opportunity to restore a classic mid-century home or build a new 4,000+ square-foot residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2447, other record living area = 2079. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1960 and retaining many original features, the home likely requires a substantial capital investment for modernization or a complete structural overhaul.
The 9,520-square-foot lot is terraced, which may present architectural challenges or higher construction costs for those looking to expand the footprint or maximize outdoor utility.
Perched at the end of a quiet cul-de-sac in the coveted enclave of Mystic Hills, this iconic 1960 mid-century residence showcases breathtaking 270-degree panoramic views of White Water, Coastline, Pacific Ocean, Catalina Island, Laguna Canyon, and the Surrounding Mountains Ranges, all from its premier setting above Downtown Laguna Beach. Spanning approximately 2,447 square feet on an expansive 9,520 square-foot terraced lot, this 3-bedroom, 2.5-bathroom home captures stunning views from virtually every room. The main-level wraparound balcony allows you to soak in the breathtaking scenery in complete privacy, while the main-level primary suite offers exceptional convenience. The kitchen is perfectly positioned to enjoy white water ocean vistas and Catalina Island Sunsets that elevate everyday living. The lower level features two additional bedrooms connected by a Jack-and-Jill bathroom, with sliding doors that open to the generous backyard. Ideal for relaxing in nature, soaking in endless views, or hosting holiday gatherings and dinner parties, this outdoor space enhances the home’s seamless indoor-outdoor flow. Each bedroom showcases unforgettable scenery, creating a true coastal retreat experience. Rich with authentic mid-century character, the home features its original fireplace, beautifully exposed beams, and architectural details that celebrate the era’s timeless design. This is a rare opportunity for a mid-century enthusiast to thoughtfully restore and customize a classic — or for a developer to capitalize on the generous lot size, with potential to build a new construction residence of 4,000+ square feet. Conceptual renderings by local Laguna Beach architect Leigh Snow are available in the listing supplements, offering an inspiring vision of the property’s full potential. Enjoy endless coastal/canyon views and close proximity to Laguna Beach High School, downtown Laguna Beach, Laguna Canyon, the beloved Sawdust Art Festival, Festival of Arts, and Main Beach — along with world-class dining, shopping, and coastal living at its finest. Opportunities like this are exceptionally rare. Don’t miss your chance to own or reimagine a true Laguna Beach legacy property.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,447 | 2,109 | 68% |
| Lot Size | 9,520 | 6,001.5 | 84% |
| Price | $3.75M | $3.08M | 63% |
| Price per sq ft | $1.5K | $1.6K | 46% |
| Built year | 1960 | 1964 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 181 | 10% |
Apr 10, 2026
$3,750,000
$3,895,000
-4% Price Drop
Initial Listing
Mar 1, 2026
$3,895,000
Initial Listing
Dec 5, 2016
$1,850,000
Public Record