Brand-new and scheduled for completion in the first quarter of
2027, this exceptional coastal residence is sited on a premier
elevated lot with sweeping views of the Pacific Ocean and Catalina
Island, offering a rare opportunity in Laguna Beach's coveted Woods
Cove neighborhood. Currently under construction, with renowned
architect Rory Foubister, and interiors and material curation by
Kaytia Designs, the home is being reimagined into a sophisticated
five-bedroom, five-and-one-half bath retreat. The offering includes
a fully permitted approximately 1,000-square-foot ADU with its own
ocean views and private kitchen. The residence blends timeless
coastal architecture with refined material selections. Exterior
features include clear vertical-grain cedar siding, AAA Stone
Tundra Cream accents, limestone hardscape, Thermory ash wood used
in select exterior applications including fencing and architectural
detailing, and curated exterior lighting. Outdoor living is
designed for entertaining with multiple seating areas, a spa,
outdoor kitchen, and dramatic gas fire features. Interiors showcase
wide-plank European French white oak flooring, limewash walls, and
custom bleached white oak bespoke cabinetry throughout both the
main residence and ADU. The chef's kitchen features Perla Venata
stone countertops, an oversized island, secondary prep kitchen, and
professional-grade appliances including Sub-Zero refrigeration,
BlueStar cooking, and Miele systems. Bathrooms are appointed with
natural stone, Zellige tile, slab stone in the primary bath, steam
shower, Toto fixtures, and washlets. Additional highlights include
custom interior doors, Visual Comfort and Prado lighting, Town &
Country gas fireplaces, zoned HVAC, Lutron lighting, and home
automation. The home is being sold complete, with construction
scheduled for completion in Q1 of 2027.
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%.
How much can I actually make?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Interior Features: Built-in Features, High Ceilings, Stone Counters, Recessed Lighting, Wired for Data, Walk-In Closet(s), Balcony, LivingRoomDeckAttached, PrimarySuite, UtilityRoom
Appliances: Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water Purifier, SixBurnerStove, Barbecue
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