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2378 Crestview Drive
About This Property
Perched in one of Laguna Beach's most breathtaking settings, this four-bedroom, three-and-a-half-bath architecturally rich residence offers endless Pacific Ocean views, from the shimmering waters by day to the dazzling coastal lights by night. Designed to maximize the panoramic scenery, retractable glass doors seamlessly merge indoor and outdoor living, inviting in the ocean breeze and framing the stunning vistas.
Spanning 4,951 square feet on a 6,500 square foot lot, this custom contemporary masterpiece is a sanctuary of style and sophistication. The open living spaces flow effortlessly to a spacious ocean-view terrace and a rare Laguna Hillside Garden, where outdoor seating, lush lawns, mature olive trees, and a vibrant flower garden create a serene retreat.
The chef-inspired kitchen is designed for function and beauty, offering top-tier appliances and stunning ocean views. A separate dining area provides a picturesque setting with views of the coastline and garden. The living space is designed for grand entertaining, enhanced by soaring ceilings, architectural art lighting, and generous gallery-like wall space.
A sculptural interior staircase and 100-year-old patinated maple flooring add to the home's distinctive character. The temperature-controlled wine room, capable of storing up to 700 bottles, provides ample space for wine enthusiasts. The luxurious master suite features a private ocean-view balcony, spa-like bath, and his-and-her dressing areas. Two additional en suite guest rooms, both with ocean views, provide comfort and privacy. A convertible media room offers flexibility for additional living space.
Additional highlights include:
Elevator access to all levels
Oversized garage with a private gym
Whole-house audio and high-end finishes throughout
Multiple ocean-view decks, including a private master suite terrace with sweeping white-water, coastline, Catalina Island, and city-light views, this exceptional residence is a true coastal retreat, offering the best of Laguna Beach living.
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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.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2026 | Listed by Coldwell Banker Realty | $8,250,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 5, 2025 | Price Decreased |
$8,248,000
↓ $1K
(0%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$8,249,000
↓ $1K
(0%) | |
| Price Decreased | |||
| Oct 2, 2025 | Relisted | $8,250,000 | |
| Relisted | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017