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1907 Ocean Way
About This Property
Showcasing Abel's signature craftsmanship, the home spans more than 3,600 square feet and includes four bedrooms and three-and-a-half baths, all designed for effortless indoor-outdoor living. Soaring wood-beamed ceilings, sleek lines, skylights and expansive glass walls bathe every space in natural light, while multiple fireplaces create inviting, intimate areas to relax and gather.
From sunrise to sunset, the Pacific Ocean provides a stunning backdrop for daily living. The spacious living and dining areas unfold onto broad ocean-facing decks, including a separate lower deck overlooking the cove which was grandfathered-in and never be duplicated again. This oceanfront estate is perfect for hosting or unwinding. The chef's kitchen is outfitted with high-end appliances and custom cabinetry, and the primary suite offers a peaceful sanctuary with its own ocean-view terrace, spa-style bath, and generous walk-in closet.
A rare blend of setting and design, 1907 Ocean Way represents a once-in-a-lifetime chance to own a truly iconic property in the heart of Laguna Beach. Stroll to downtown Laguna from this home and enjoy renown restaurant cuisine, art galleries, shopping, not to mention the wonderful coves and tide pools!
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2026 | Price Decreased |
$17,495,000
↓ $1M
(5.4%) | |
| Price Decreased | |||
| Apr 18, 2026 | Price Decreased |
$18,500,000
↓ $2M
(7.5%) | |
| Price Decreased | |||
| Dec 4, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $19,995,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Aug 30, 2025 | Price Decreased |
$19,995,000
↓ $3M
(11.1%) | |
| Price Decreased | |||
| May 9, 2025 | Listed | $22,500,000 | |
| Listed | |||
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Perched atop a rare oceanfront peninsula, 1907 Ocean Way is a landmark estate masterfully envisioned by iconic architect Chris Abel. One of only two residences gracing this ultra-private, gated enclave above Woods Cove-the former seaside escape of Bette Davis-this timeless property blends architectural pedigree with panoramic views that sweep from Dana Point to Palos Verdes. Crafted with Abel’s signature aesthetic, the residence spans over 3,600 square feet and offers four bedrooms and three-and-a-half baths, all infused with an effortless indoor-outdoor flow. Vaulted wood-beamed ceilings, clean lines, and walls of glass invite natural light into every corner, while multiple fireplaces add warmth and sophistication to the home’s intimate gathering spaces. Whether it’s sunrise coffee or sunset cocktails, each moment is framed by a cinematic backdrop of the Pacific. Gracious living and dining areas open to expansive, ocean-facing terraces-ideal for elegant entertaining or quiet reflection. The chef’s kitchen is appointed with premium appliances and custom cabinetry, while the primary suite serves as a serene retreat, complete with a private ocean-view terrace, spa-inspired bath, and a generous walk-in closet. A rare confluence of location and architecture, 1907 Ocean Way is more than a home-it’s a once in a lifetime opportunity to own a legacy property in the heart of Laguna Beach!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017