704 Nyes Place, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath

704 Nyes Place, Laguna Beach, California 92651 home-pic-0
ACTIVE$5,500,000
704 Nyes Place, Laguna Beach, California 92651
4Beds
4Baths
3,639Sqft
7,070Lot

Price Vs. Estimate

The estimated value ($4,475,261.38) is $1,024,738.62 (18%) lower than the list price ($5,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Top Cons:
Significant Overpricing Relative to Market Value: The current list price of $5.5M is considerably higher than the estimated market value of $4.47M and several recently sold comparable properties, suggesting potential overpricing despite a prior reduction.

Compared to the nearby listings

Price:$5.50M vs avg $3.12M (+$2,375,000)82%
Size:3,639 sqft vs avg 2,018 sqft83%
Price/sqft:$1.5K vs avg $1.6K46%

More Insights

Built in 2001 (24 years old).
Condition: Built in 2001, this property has been extensively and recently 'reimagined by the acclaimed Leo Parrella Design Group,' showcasing a seamless fusion of modern luxury and sophistication. The kitchen is state-of-the-art with top-tier Wolf & Sub-Zero appliances, custom cabinetry, sleek quartz countertops, and a waterfall-edge island. The primary bath is spa-inspired with minimalistic luxury, featuring a freestanding soaking tub, oversized glass shower, dual floating vanity, and custom lighting. Throughout the home, dark wood flooring, floor-to-ceiling glass panels, and recessed lighting contribute to a pristine, contemporary aesthetic. All components appear new or virtually new, reflecting current high-quality standards with no visible deferred maintenance.
Year Built
2001
Close
-
List price
$5.5M
Original List price
$5.95M
Price/Sqft
$1,511
HOA
-
Days on market
-
Sold On
-
MLS number
LG25041159
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Ocean, Panoramic
Deck
ViewCity Lights,Coastline,Ocean,Panoramic

About this home

Welcome to 704 Nyes Place, an architectural triumph meticulously envisioned by renowned Laguna Beach architect Horst and reimagined by the acclaimed Leo Parrella Design Group. A seamless fusion of raw sophistication and modern luxury, this bespoke residence sits perched above Victoria Beach, offering panoramic ocean, canyon, and Catalina Island views that unfold from nearly every room. A bold yet inviting façade of concrete and glass sets the tone, opening to a dramatic multi-level interior where contemporary textures meet effortless coastal living. The double-height living room, wrapped in industrial-chic concrete walls, exudes gallery-like grandeur, softened by rich dark wood flooring and curated designer elements. Sunlight pours through expansive floor-to-ceiling glass panels, creating an interplay of shadow and light while framing the serene beauty of Laguna’s coastline. At the heart of the home, the state-of-the-art kitchen is a masterpiece of form and function, outfitted with custom cabinetry, sleek quartz countertops, top-tier Wolf & Sub-Zero appliances, and a statement waterfall-edge island with seamless bar seating. The adjacent elevated dining area overlooks a private terraced hillside with lush, sculptural landscaping, setting an exquisite stage for intimate gatherings. Ascend to the primary suite – a sanctuary in the sky. Wake up to unobstructed ocean vistas, unwind by the modern linear fireplace, or step onto the private terrace, where the sun meets the sea in a mesmerizing display. The spa-inspired primary bath is a study in minimalistic luxury, featuring a freestanding soaking tub, oversized glass shower, dual floating vanity, and custom lighting. With seamless indoor-outdoor flow, multiple ocean-facing terraces, and curated modern design, this home feels like a private resort—a place where architectural brilliance and coastal elegance harmonize. Located minutes from Laguna’s world-class beaches, galleries, and culinary hotspots, 704 Nyes Place offers a true modernist statement in one of Southern California’s most exclusive enclaves.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.5mi
9/10
El Morro Elementary School
Public,K-54.0mi
9/10
Thurston Middle School
Public,6-81.9mi
9/10
Laguna Beach High School
Public,9-121.8mi
Condition Rating
Excellent

Built in 2001, this property has been extensively and recently 'reimagined by the acclaimed Leo Parrella Design Group,' showcasing a seamless fusion of modern luxury and sophistication. The kitchen is state-of-the-art with top-tier Wolf & Sub-Zero appliances, custom cabinetry, sleek quartz countertops, and a waterfall-edge island. The primary bath is spa-inspired with minimalistic luxury, featuring a freestanding soaking tub, oversized glass shower, dual floating vanity, and custom lighting. Throughout the home, dark wood flooring, floor-to-ceiling glass panels, and recessed lighting contribute to a pristine, contemporary aesthetic. All components appear new or virtually new, reflecting current high-quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Panoramic Ocean & Catalina Views: The property boasts exceptional panoramic views of the Pacific Ocean, Catalina Island, and city lights from nearly every room, a highly coveted feature in Laguna Beach.
Renowned Architectural Design & Modern Luxury: Designed by acclaimed architect Horst and reimagined by Leo Parrella Design Group, the residence offers a unique, sophisticated modernist aesthetic with high-end finishes and a dramatic multi-level interior.
State-of-the-Art Gourmet Kitchen: The kitchen is equipped with top-tier Wolf & Sub-Zero appliances, custom cabinetry, sleek quartz countertops, and a waterfall-edge island, catering to a luxury culinary experience.
Luxurious Primary Suite with Private Terrace: The primary suite serves as a private sanctuary featuring unobstructed ocean vistas, a modern linear fireplace, and a spa-inspired bath with a freestanding soaking tub and oversized glass shower.
Prime Coastal Location & Proximity to Amenities: Perched above Victoria Beach, the home offers a desirable location minutes from Laguna's world-class beaches, art galleries, and culinary hotspots.

Cons

Significant Overpricing Relative to Market Value: The current list price of $5.5M is considerably higher than the estimated market value of $4.47M and several recently sold comparable properties, suggesting potential overpricing despite a prior reduction.
Absence of Key Luxury Outdoor Amenities: While offering terraces, the property description does not mention a pool or spa, which are often expected luxury features in this price point and location, and are present in some competing properties.
Multi-Level Layout Without Mention of Elevator: The 'dramatic multi-level interior' implies numerous stairs, and the absence of an elevator could be a functional drawback for some buyers, particularly in a luxury home of this scale.

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