Water Views
Listed By:
Rob Smith with Compass; 949-697-8855
Address
32229 Coast Hwy, Laguna Beach, CA
Price
$ 95,000,000
Property Attributes
  • MLS#NP26126003
  • TypeSingle Family
  • Listing Status Active
  • CountyOrange
  • CityLaguna Beach
  • Area South Laguna
  • NeighborhoodSouth Laguna Bluffs (SLB)
  • Zip92651
  • Style
  • Year Built1930
  • Price$ 95,000,000
  • Bedrooms10
  • Full Bathrooms7
  • Half Bathrooms1
  • Sqr Footage4900
  • Lot Size4.0766 Acres
Data Source:
California Regional MLS (CRMLS)
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.

Price History
6/19/2026 Listed $95,000,000

General Features

Living Area 4900
Sewer Public Sewer
Cooling Zoned
Possession Negotiable
Garage Spaces 5
Pool Features None
Year Built 1930
View Bluff,Catalina,City Lights,Coastline,Ocean,Panoramic,Trees/Woods,Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Curbs,Foothills,Fishing,Gutter(s),Hiking,Preserve/Public Land,Ravine,Street Lights,Suburban,Water Sports
Additional Parcels Description 056-171-37,056-171-38,056-171-39, 056-171-59,056-171-60,056-172-01,056-172-02,056-172-05,056-172-47,056-172-55
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Contingency None.
Subdivision Name South Laguna Bluffs (SLB)
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Coast Hwy to 32229 Coast Hwy. Gate Access Required.
City Laguna Beach
Entry Location 1, 2
Senior Community Y/N false
High School District Laguna Beach Unified
Number Of Units Total 3
MLS Area SL - South Laguna
Lot Size Units Square Feet
Lot Size Square Feet 177578
Listing Terms Cash,Cash to New Loan,1031 Exchange,Submit
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N true
Lease Considered Y/N true
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Estimated
Tax Lot 5
Property Sub Type Additional Single Family Residence
PostalCity LAGUNA BEACH

Interior Features

Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N true
Half Baths 1
3/4 Baths 4
Laundry Features Inside
Total Bedrooms 10
Entry Level 1
Main Level Bedrooms 6
Main Level Bathrooms 5
LivingAreaSource Estimated
Total Baths 8

Exterior Features

Exterior Amenities Fire Pit
Lot Features 0-1 Unit/Acre,Bluff,Sloped Down,Lawn,Lot Over 40000 Sqft,Landscaped,Value In Land
Water Source Public
Total Parking 5
Lot Size Area 177578
Lot Size Acres 4.0766
Private Pool false
Lot Size Source Survey

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92651

Price
AVG $8.8M
$95M
Year Built
AVG 1975
1930

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