Commanding one of the most extraordinary positions above the Laguna Beach coastline, the Wave House is a one of a kind 1967 residence set in coveted Mystic Hills with sweeping views of Catalina Island, whitewater and the coast. Approximately 5,013 square feet sit on a 14,399 square-foot street to street lot, where walls of glass draw the Pacific into nearly every room and generous view decks carry the living spaces outdoors. At its center, a soaring great room rises beneath dramatic high ceilings, its volume and light oriented entirely toward the ocean. The current layout offers four bedrooms, three and one-half baths, an office, gym and media room. Outside, an oversized pool and spa set against the ocean horizon create a secluded coastal retreat. The opportunity is as compelling as the setting: thoughtfully restore this spectacular home, honoring its original architectural vision while introducing timeless contemporary luxury. A chance to steward a piece of California architectural history. Ideally located moments from Laguna Beach’s renowned beaches, galleries, dining and vibrant village, this remarkable property offers architectural pedigree, privacy and panoramic views in one of Southern California’s most celebrated coastal communities.
Property Details
Price:
$7,900,000
MLS #:
LG26228178
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Mystic Hills MH
Neighborhood:
lvlagunavillage
Listed Date:
Oct 23, 2026
Finished Sq Ft:
5,013
Lot Size:
14,399 sqft / 0.33 acres (approx)
Year Built:
1967
See this Listing
Schools
School District:
Laguna Beach Unified
Elementary School:
Top Of The World
Middle School:
Thurston
High School:
Laguna Beach
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
None
Heating
None
Laundry Features
Inside
Levels
Two
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Suburban
Covered Spaces
2
Garage Spaces
2
Lot Features
0-1 Unit/Acre
Parking Spots
2
Parking Total
2
Stories
2
View
Coastline, Ocean, Catalina, White Water, City Lights, Water, Panoramic
Financial
Map
Community
- Address1255 Skyline Drive Laguna Beach CA
- SubdivisionMystic Hills (MH)
- CityLaguna Beach
- CountyOrange
- Zip Code92651
Subdivisions in Laguna Beach
- Alta Vista AV
- Arch Beach Heights ABH
- Blue Lagoon BL
- Canyon CYN
- Coast Royal CR
- Crown Point CP
- CUST
- Emerald Bay EB
- Irvine Cove IC
- Laguna Ocean Vista Condos LOV
- Laguna Royale LAR
- Laguna Terrace Mobile PkLT
- Lagunita LA
- Lower Bluebird LB
- Main Beach BCH
- Montage Beach Villas MNBV
- Mystic Hills MH
- North Laguna NL
- Ocean Vista Custom OV
- Portafina PF
- Rancho Laguna RL
- Smithcliffs SMC
- South Laguna Bluffs SLB
- South Laguna Village SLV
- Summit Ridge SR
- Temple Hills TH
- Terraces Laguna Beach TER
- The Village VIL
- Three Arch Bay TAB
- Top Of The World TOW
- Upper Diamond UD
- Upper Victoria Beach UVB
- Victoria Beach VB
- Woods Cove WC
Market Summary
Current real estate data for Single Family in Laguna Beach as of Oct 26, 2026
163
Single Family Listed
113
Avg DOM
2,649
Avg $ / SqFt
$8,316,137
Avg List Price
Property Summary
- Located in the Mystic Hills (MH) subdivision, 1255 Skyline Drive Laguna Beach CA is a Single Family for sale in Laguna Beach, CA, 92651. It is listed for $7,900,000 and features 4 beds, 4 baths, and has approximately 5,013 square feet of living space, and was originally constructed in 1967. The current price per square foot is $1,576. The average price per square foot for Single Family listings in Laguna Beach is $2,649. The average listing price for Single Family in Laguna Beach is $8,316,137.
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