766 Pelican, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath

766 Pelican, Laguna Beach, California 92651 home-pic-0

766 Pelican

Laguna Beach, California 92651

ACTIVE
CONDITION: GOOD
4Beds
4Baths
3,869Sq Ft
17,424Lot Size

Property Price

LIST PRICE$4,650,000
EST. MARKET VALUE
$5,474,837
15% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$5,474,837 +$824,837 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features thoughtful modern updates to the kitchen and living areas. While originally built in 1988, the home has been well-maintained with refined finishes, high-quality flooring, and updated fixtures that align with current luxury standards, though it retains its original architectural character.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 3869.

  • 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).

  • Exceptional Panoramic Views

    The residence is perfectly positioned to capture sweeping, unobstructed views of the Pacific Ocean, Catalina Island, and coastline from nearly every room, a premier value driver in Laguna Beach.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • 1980s Architectural Era

    While the home features modern updates, the 1988 construction and dramatic architectural angles may require additional capital investment to fully align with contemporary luxury design trends.

  • Multi-Level Navigation

    The home’s vertical design across multiple levels and decks may present accessibility challenges or be less appealing to buyers seeking a more traditional single-level flow.

About 766 Pelican

Welcome to 766 Pelican Drive, an extraordinary custom residence nestled at the end of a private cul-de-sac in the prestigious Portafina neighborhood of Laguna Beach. Perched to capture sweeping panoramic ocean, Catalina, city light, canyon, and coastline views, this architectural gem blends timeless design with thoughtful modern updates. This 4-bedroom, 3.5-bath home boasts approximately 3,869 sq ft of refined living space on a generous 0.40-acre lot, offering both privacy and spacious indoor-outdoor living. Designed with dramatic angles, high ceilings, and abundant natural light, the floor plan features formal living areas, a stylish kitchen, cozy family room, dual master suites each with private decks and views, and multiple outdoor entertaining spaces. Enjoy resort-style amenities including multiple decks and patios, a private spa above ground, lush landscaping, and panoramic ocean vistas from nearly every level. Ample parking is provided with a 3-car garage and extended gated driveway. This exceptional offering presents an unparalleled opportunity to experience upscale coastal living just minutes from world-class dining, beaches, shopping, and entertainment.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1988
Lot Size
17,424 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Laguna Beach Unified Schools

Top Of The World Elementary School

Grades K-5 • 1.3 mi

9/10

El Morro Elementary School

Grades K-5 • 3.8 mi

9/10

Thurston Middle School

Grades 6-8 • 1.6 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths4.03.0
68%
Square foot3,8692,054
94%
Lot Size17,4246,041.5
96%
Price$4.65M$3.06M
77%
Price per sq ft$1.2K$1.6K
24%
Built year19881965
77%
HOA$0$0
50%
Days on market9200
2%

Pricing History

Listed for Sale

Feb 27, 2026

$4,650,000

Initial Listing

Price Change

Feb 26, 2026

$4,525,000

Initial Listing

Sold

Jul 20, 2020

$3,225,000

Public Record

Sold

Apr 8, 2015

$497,000

Public Record

Sold

Sep 24, 2007

$2,800,000

Public Record

Sold

Oct 4, 1994

$787,500

Public Record

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