1015 Madison Place
About This Property
Glassed entry doors open to an elevated great room ideal for ocean-view lounging, dining, and taking in sunset tranquility over Catalina Island. The professional chef's kitchen features a striking quartzite fusion island, Sub-Zero wood-clad refrigerator, 48" Wolf range, and inset white-oak cabinetry. Fifteen-foot La Cantina doors connect seamlessly to an expansive courtyard with al fresco dining, BBQ center, flagstone paths, fountain, specimen trees, private alcoves, and lush professional landscaping-indoor-outdoor living at its finest.
The spacious ocean-view dining area with Sub-Zero wine bar leads to a generous view deck. This level also includes a flexible bedroom/den and a private primary suite with deck access, sitting area, large bath with separate shower and tub, and walk-in closet. A sea-green Zellige tile bath and laundry room complete the main level.
An open staircase descends to a warm, versatile lower level offering a family/office nook, separate media lounge, ensuite bedroom with 3/4 bath, additional bedroom, another 3/4 bath, and a dedicated yoga/meditation room wrapped in glass and tranquil views. Finishes include wide-plank oak flooring, Zellige tile, Sierra Pacific doors and windows, white-oak cabinetry, Sonos sound, central heat and AC, tankless water heater, security system, fire sprinklers, and high-end details throughout.
Outdoor access continues with a spacious lower grass yard featuring a stone fountain, outdoor shower, flagstone, copper accents, and three private sitting retreats-each capturing peaceful ocean and hillside vistas. The oversized driveway accommodates four cars, while the two-car garage includes an EV charger and potential for an ADU.
Positioned just minutes from Laguna Beach's pristine coastline, iconic Main Beach, Heisler Park, boutique shopping, notable galleries, fine dining, and the vibrant art district, this home offers both serene privacy and effortless access to the cultural and recreational heart of the city.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Coldwell Banker Realty | $4,995,000 | |
| Listed by Coldwell Banker Realty | |||
| Feb 26, 2025 | Listed | $5,995,000 | |
| Listed | |||
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Big Sur inspired, Rancho Laguna Contemporary ocean view retreat. This spectacular fully renovated Marshall Ininns Architect, Andra Miller Designed and Bill Dalke constructed home is special even for Laguna standards. The home hosts 4bds/4baths, panoramic ocean, coastline, Catalina and hills views, generous indoor & outdoor entertaining spaces and ultra private artfully designed layout and finishes. This is the perfect fusion of contemporary, coastal comfort and mid-century. Other features include an approved ADU option, expansive entry courtyard, Entertainers kitchen with SubZero wood appliances & 15 ft La Cantina doors that seamless connect with the courtyard BBQ bar, fire-pit, beautiful gardens with outdoor spa and located on a quiet Cul-de-sac. The home is under construction and will be completed late October.
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| Dec 31, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017