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1292 Cliff Drive
About This Property
Spanish-inspired architecture, terracotta rooflines, stone accents, arched details, and mature coastal landscaping create an inviting first impression. Inside, custom cabinetry, refined millwork, beamed ceilings, tile flooring imported from France, sets of French doors, and a seamless connection to the outdoors reflect thoughtful design throughout.
An ocean-view gourmet kitchen anchors the living and entertaining spaces, appointed with natural limestone countertops, Viking dual ovens with grill, Sub-Zero refrigeration and wine storage, a Bosch dishwasher, and beautifully crafted custom cabinetry.
Outdoor living is a defining element of the property, with expansive decking, generous patios, and multiple areas to relax, dine, and entertain. French doors open to an ocean-view terrace, where a fire pit lounge creates a front-row setting for sunsets over the Pacific as shifting light and color define each evening.
Also located on the main level are the primary suite, a secondary bedroom, and two-and-one-half baths. Privately positioned, the primary suite offers ocean views from its balcony, a spa-inspired bath, walk-in closet, and integrated mirror television.
On the lower level, a generous guest suite, two additional baths, and an oversized secondary living area or bonus room provide flexibility for hosting, relaxing, or everyday living. Additional highlights include a dedicated laundry room with ample storage and a standby generator.
Set within one of Laguna Beach's most desirable enclaves near Crescent Bay, with direct beach access across the street, this rare offering provides proximity to renowned dining, galleries, boutiques, and beaches while blending quality construction, refined design, and the enduring appeal of the California coastal lifestyle.
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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 |
|---|---|---|---|
| May 4, 2026 | Listed by Coldwell Banker Realty | $7,995,000 | |
| Listed by Coldwell Banker Realty | |||
| May 30, 2025 | Relisted | $8,395,000 | |
| Relisted | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $8,395,000 | |
| Listed | |||
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Situated just 100 yards from the sea at Crescent Bay Beach, this masterpiece rebuild features 3,267 sq ft, 3 bedrooms and 5 baths. First time on the market, this exquisitely remodeled coastal property offers an open floor plan with meticulous attention to detail in both design and appointments. A work of art by renowned architect Horst Noppenberger and builder, Andrew Williams Construction ensures both luxury design, timeless elegance and ocean living lifestyle. Imagine the enchantment of breathtaking ocean and Catalina views throughout the home and as the day draws to a close the outdoor deck becomes the front row seat as the ocean and sky transform into vibrant hues.
A total remodel in 2008 with significant renovations and upgrades throughout the home. New roof, windows, doors, walls, electrical systems, new plumbing, cabinetry, counters, appliances, flooring, beams, molding, new lighting & fixtures, audio sound system, security systems w cameras, new sinks, and fixtures, new showers, tubs, tiles, generator, new insulation, ventilation, HVAC, new interior and exterior paint and ocean view deck ensuring construction with value and comfort, enhancing your living experience.
Enjoy entertaining in the ocean view gourmet kitchen, equipped with top-of-the-line appliances, including a Viking dual oven with 4 burners w grill, Bosch dishwasher, Subzero wine fridge, Viking microwave, and Subzero refrigerator. Custom-built cabinets that provide ample storage throughout the home The spacious layout offers the primary bedroom and secondary bedroom, plus 2.5 baths on the main level. The primary suite is a sanctuary with ocean views, luxurious bathroom, walk in closet and mirror with TV. Downstairs features 1 large bedroom, 2 baths with an oversized family bonus room, perfect for accommodating guests or a growing family. Additionally, a dedicated laundry room provides lots of storage.
This exceptional residence captures the true essence of the California Coastal Lifestyle combining superior craftsmanship, high-end finishes, and an unbeatable location. A magnificent property amidst all Laguna has to offer with its fine dining, world renowned art galleries charming shops and beaches!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017