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32015 Point Place
About This Property
Wake up to sweeping ocean, white-water, Catalina Island, and year-round sunset views from this exceptional South Laguna Beach retreat overlooking iconic Thousand Steps Beach. Set on the ocean side of Coast Highway within the private 12-home enclave of Point Place, this residence offers a rare combination of privacy, breathtaking views, and effortless coastal living.
Designed as an ideal second home or weekend escape, the light-filled open floor plan features high ceilings and expansive glass that frame stunning beach and ocean vistas.
The updated kitchen, finished with quartz countertops and newer appliances, opens seamlessly to the dining and living areas, creating an inviting flow for entertaining or relaxed coastal living. A full sliding glass wall system opens to ocean-view decks, allowing indoor and outdoor living to blend effortlessly.
Two expansive ocean-view decks and a private backyard terrace offer multiple settings for morning coffee, sunset gatherings, or simply enjoying the sound of the waves below. The flexible floor plan includes four bedrooms, with the upstairs primary suite offering spectacular ocean views and a peaceful retreat. The main level also provides a primary bedroom option or additional living flexibility.
Additional highlights include an uncovered parking court accommodating multiple vehicles, a private gated entrance, a dedicated area for surfboards and beach gear, and an outdoor shower.
The community offers private beach access from within Point Place (currently under repair; status subject to city approval).
Quietly tucked away yet moments from the heart of Laguna Beach, the home is close to renowned dining, galleries, and beaches, with convenient access to John Wayne Airport, Dana Point Harbor, and San Clemente Pier.
A rare opportunity to own a quiet, hidden coastal retreat where panoramic views, privacy, and the Laguna Beach lifestyle take center stage.
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Relisted | $4,695,000 | |
| Relisted | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$4,695,000
↓ $205K
(4.2%) | |
| Price Decreased | |||
Property Highlights
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About South Laguna Bluffs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017