848 Hillcrest Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath
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Laguna Beach, California 92651
This Stunning Turnkey Residence is listed at $8,250,000, positioned well below the $8,570,615 Fair Market Value by 3%. This valuation gap offers $320,615 in Instant Equity for the discerning buyer. Featuring a 2021 Rebuild, Chef’s Kitchen, and 180-Degree Ocean Views, the property boasts an Excellent Condition Rating with zero maintenance required. Located in North Laguna near Crescent Bay, this home offers a premier coastal lifestyle. It is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a high-end, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 848 Hillcrest Drive Subject | $7,998,000* List Price | 4 | 4 | 3,312 | $2,491 | - |
A 156 Chiquita Sold | $6,500,000 | 4 | 3 | 2,542 | $2,557 | 0.3 mi |
B 320 Emerald Bay Sold | $8,458,394 | 4 | 4 | 3,581 | $2,362 | 0.6 mi |
C 420 Emerald Bay Sold | $9,100,000 | 4 | 4 | 3,508 | $2,594 | 0.6 mi |
D 738 Cliff Drive Active | $8,495,000 List Price | 4 | 6 | 3,200 | $2,655 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Completely rebuilt and reimagined in 2021, placing it well within the <5-year renovation window for an Excellent rating. The property features a high-end chef's kitchen with Wolf and Sub-Zero appliances, spa-inspired bathrooms with marble and travertine finishes, and modern systems including dedicated climate control and automatic shades. The home is in pristine, mint condition with no maintenance required.
The property offers breathtaking 180-degree views of the Pacific Ocean, coastline, and Catalina Island from nearly every vantage point, significantly enhancing its luxury appeal.
Situated in highly desirable North Laguna, the home is just one block from iconic beaches like Crescent Bay and Shaw's Cove, offering excellent walkability to restaurants, shops, and trails.
Completely reimagined and rebuilt in 2021, the residence features pristine, high-end craftsmanship, premium Wolf and Sub-Zero appliances, and over 1,000 sq ft of seamless indoor-outdoor entertainment space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3312, other record living area = 3133. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The layout distributes three of the four bedrooms to the lower level, which may pose accessibility challenges or be less desirable for buyers seeking single-level living.
At an $8.25M price point, the 6,668 sq ft lot is relatively modest, which limits extensive private yard space or expansive lawn areas typical of estate-sized properties.
STUNNING 180-DEGREE OCEAN VIEWS, PRIME LOCATION, PRISTINE CONDITION & MORE! Meticulously designed with exceptional attention to detail, this remarkable North Laguna residence was completely rebuilt and reimagined in 2021. The home offers 4 bedrooms, a dedicated office, 3.5 bathrooms, a 2-car garage, and an expansive 5-car driveway. Upon entry, abundant natural light, elegant, honed limestone flooring, and breathtaking ocean vistas set the tone. The chef’s kitchen features premium Wolf appliances, a Sub-Zero refrigerator, sunken 5-burner range, warming oven, wine refrigerator, honed marble countertops, quartz backsplash, custom cabinetry, and a walk-in pantry. The kitchen opens to a stunning great room with soaring ceilings, expansive coastline and Catalina views, a dramatic slab basalt fireplace, and automatic shades. Designed for seamless indoor-outdoor living, the home includes over 1,000 sq ft of outdoor entertainment space. Expansive La Cantina doors frame the Pacific Ocean, while the adjacent 388 sq ft covered outdoor pavilion creates a natural extension of the home, complete with a fireplace, recessed TV, dining area, BBQ, and hot tub flowing directly to the backyard lawn. The primary suite offers dedicated climate control, a walk-in closet, and a spa-inspired bath with heated floors, a soaking tub and oversized walk-in shower. The lower level includes three additional bedrooms and two bathrooms, including a private ocean-view suite with its own en-suite bath. Two secondary bedrooms enjoy ocean views, while the hall bath showcases beautiful travertine slab finishes. Rich Australian eucalyptus flooring and a separate laundry room with sink complete the lower level. A rare coastal luxury, the property also includes approximately 490 sq ft of dedicated storage for recreational gear and seasonal items. Offering extraordinary privacy and craftsmanship, this exceptional residence captures panoramic ocean, coastline, Catalina, and sunset views from nearly every vantage point. LOCATION, LOCATION, LOCATION! Perched above the coastline and only one block from iconic beaches including Crescent Bay and Shaw’s Cove, this home delivers an unparalleled lifestyle with walkable access to renowned restaurants, boutiques, galleries, and convenient proximity to Laguna Beach’s premier hiking and mountain biking trails. Welcome Home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,312 | 2,351 |
| Lot Size | 6,668 | 6,231 |
| Price | $8.00M | $3.25M |
| Price per sq ft | $2.4K | $1.7K |
| Built year | 1988 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 38 | 71 |
Jul 17, 2026
$7,998,000
$8,250,000
-3% Price Drop
Initial Listing
Jun 14, 2026
$8,250,000
Initial Listing
Nov 19, 2013
$2,100,000
Public Record
Oct 1, 2009
$2,000,000
Public Record
Apr 17, 2008
$2,075,000
Public Record
Dec 2, 1999
$925,000
Public Record