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848 Hillcrest Drive, Laguna Beach, CA 92651

$8.00M4bd · 4ba · 3,312 sqft
Lot 6,668 sqft•Single Family Residence•
Active
•122d on market•MLS# OC-26129637

Property Description

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!

Features & Amenities

North LagunaFeeBuilt 1988

Property Details

Subdivision
North Laguna
Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
7
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Flooring
Stone, Tile, Wood
Roof
Tile
City
Laguna Beach
Zip Code
92651
County
Orange
Listed byUnknown Office, Amy Balsz

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$40,442.24
Principal & Interest
Loan Amount
$6,398,400
Total Interest
$8,160,807
Total Payment Over 30 Years
$14,559,207
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 · 5 active · 5 closed

848 Hillcrest Drive, Laguna Beach, CA 92651

North Laguna · Laguna Beach · Single Family Residence

$8.00M
Luxury Tier
Beds
4
Baths
4
Sqft
3,312
Lot
6,668 sqft
Year
1988
$/Sqft
$2415
Pool: No✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 3.9% above the median closed sale of $7,700,000. Price per sqft ($2,415) is a 11% premium to closed comps ($2,185). Closed comps sold at 95% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $8.00M· $2,415/sqft
Total list price
Closed comps
vs closed median $7.70M
+$298K (+3.9%)
Active comps
vs active median $8.00M
+$3K (+0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,981
−$566 (−19.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
594 Cliff DriveLaguna Beach1993443,8167,380$3,014$11.50M7583
425 Panorama DriveLaguna Beach2000342,9487,800$2,475$7.29M2482
130 McknightLaguna Beach1957442,80610,677$4,544$12.75M13974
1680 LouiseLaguna Beach1937443,1976,000$2,424$7.75M5672
1292 Cliff DriveLaguna Beach2008353,2673,417$2,447$8.00M15864
Total: 5 · Average3.64.23,206.87,054.8$2,980.8$9.46M90.4
Median3,197$8.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
478 LocustLaguna Beach202607/22/2026463,8006,098$8.00M$7.70M$2,0260.966086
738 Cliff DriveLaguna Beach201608/28/2026463,2006,534$8.49M$7.75M$2,4220.9122783
32 Emerald BayLaguna Beach198506/16/2026343,7173,726$8.25M$7.60M$2,0450.9212277
320 Emerald BayLaguna Beach193705/20/2026443,5816,210$8.50M$8.46M$2,3620.993473
472 Holly StreetLaguna Beach202108/24/2026543,3566,125$7.39M$6.95M$2,0710.946872
Total: 5 · Average4.04.83,530.85,738.6$7.69M$7.69M$2,185.2—102.2
Median3,581$7.70M$7.70M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

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.