Approx 4 Oceanfront Acres w/ 3 Existing Home
1 / 11

32229 Coast Hwy, Laguna Beach, CA 92651

$95.0M10bd · 8ba · 4,900 sqft
Lot 177,578 sqft•Single Family Residence•
Active
•137d on market•MLS# NP-26126003

Property Description

This iconic oceanfront property represents the opportunity to redefine an entire piece of prime coastline. Comprising approximately 4 acres across eleven contiguous parcels and commanding nearly 320 feet of sandy shoreline, this extraordinary Laguna Beach collection represents one of the most significant residential development opportunities ever offered along the Southern California coast. Positioned above a secluded cove at the southernmost tip of Thousand Steps Beach with panoramic views spanning the Pacific Ocean, Catalina Island, and the dramatic Laguna shoreline, the property combines unparalleled scale, irreplaceable location, and exceptional development potential in a manner rarely encountered and unlikely to be replicated. The true value of this offering lies not in the existing improvements, but in the opportunity to create a landmark coastal residential development capable of establishing a new benchmark for luxury living in one of California's most supply-constrained and globally sought-after markets. With an enviable trove of parcels, substantial ocean frontage, and advanced planning considerations already investigated, the property presents a unique opportunity to develop a transformative family compound or oceanfront community consisting of custom luxury residences, ultra-premium condominiums, or a thoughtfully integrated mixed residential vision designed to maximize both value and long-term market significance. While the property's highest and best use may be realized through its development potential, the estate also offers the rare alternative of creating one of the most significant multigenerational oceanfront compounds on the West Coast; an extraordinary private retreat capable of spanning generations and serving as a lasting family legacy. Further enhancing the investment profile, three newly renovated residences currently occupy the property and may provide interim rental income or executive housing accommodations while development plans, entitlements, and approvals are finalized; helping to offset holding and maintenance costs throughout the planning process. Opportunities of this magnitude are extraordinarily rare. A coastal assemblage of this scale, frontage, and development potential represents more than a real estate acquisition; it is an opportunity to shape the future of one of the most coveted stretches of coastline in Southern California and to create a project destined to become a defining landmark for generations to come.

Features & Amenities

FeeBuilt 1930

Property Details

Land Type
Fee
Year Built
1930
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
5
Cooling
Zoned
View
Bluff, Catalina, City Lights, Coastline, Ocean, Panoramic, Trees/Woods, Water, White Water
City
Laguna Beach
Zip Code
92651
County
Orange
Listed byCompass, Rob Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$480,371.70
Principal & Interest
Loan Amount
$76,000,000
Total Interest
$96,933,811
Total Payment Over 30 Years
$172,933,811
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 0 active · 1 closed

32229 Coast Hwy, Laguna Beach, CA 92651

Laguna Beach · Single Family Residence

$95.0M
Luxury Tier
Beds
10
Baths
8
Sqft
4,900
Lot
4.08 ac
Year
1930
$/Sqft
$19388
Pool: No✓
View: city✓
Garage: 5-car✓

Listed 15.1% above the median closed sale of $82,569,990. Price per sqft ($19,388) is a 239% premium to closed comps ($5,721). Closed comps sold at 74% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $95.00M· $19,388/sqft
Total list price
Closed comps
vs closed median $82.57M
+$12.43M (+15.1%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (1)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
100 Rockledge RoadLaguna Beach197410/14/202681514,43444,650$112.00M$82.57M$5,7210.748229
Total: 1 · Average8.015.014,43444,650$82.57M$82.57M$5,721—82
Median14,434$82.57M$82.57M
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.