Laguna Beach, California · Offered Exclusively

Laguna
Unicorn

32221 South Coast Highway  ·  Laguna Beach, CA 92651

Offered For Sale
$95,000,000
Fee Simple · As-Is
Annual Lease
$2,400,000
Per Year
Monthly Tenancy
$350,000
Per Month
Explore
The Property

One of Laguna Beach's
Last Great Estates

An extraordinary coastal compound commanding one of the most dramatic blufftop positions in Southern California. Perched above a private sandy cove on the Pacific Ocean, this rare assemblage spans multiple parcels, three existing residences, basketball court, and lushly terraced gardens cascading to the shoreline below.

With direct beach access, sweeping panoramic ocean views from every vantage, and two distinct paths to world-class development, 32221 South Coast Highway represents an unparalleled opportunity for private ownership or transformative investment at the edge of the Pacific.

10
Total Bedrooms
Across Three Residences
7.5
Total Baths
3
Existing Homes
On-Site Today
2
Dev. Scenarios
Private or Residential
Existing Residences

Three Homes,
One Remarkable Address

Three distinct residences currently occupy the property, each positioned to capture extraordinary ocean and garden views. Together they offer immediate livability while the estate's full development potential awaits.

01
Residence One
4 Bed · 2 Bath
Main House
  • 4 Bedrooms
  • 2 Full Bathrooms
  • Sweeping ocean views
  • Multiple outdoor terraces
  • Lush garden setting
02
Residence Two
3 Bed · 2.5 Bath
Blufftop Villa
  • 3 Bedrooms
  • 2.5 Bathrooms
  • Direct cliff-edge positioning
  • Private deck over the Pacific
  • Mature coastal landscaping
03
Residence Three
3 Bed · 3 Bath
Garden Retreat
  • 3 Bedrooms
  • 3 Full Bathrooms
  • Panoramic ocean vistas
  • Private garden courtyard
  • Separate entrance and parking
~
Vision & Opportunity

Two Paths to
Extraordinary Futures

The estate's scale, location, and entitlement potential support two dramatically compelling development visions — a private family legacy or a landmark residential community. Either path represents a once-in-a-generation opportunity on the California coast.

Family Compound Rendering
Development Scenario I

The Ultimate
Family Compound

A private estate of unrivaled scale — a singular 40,000 sq ft main residence anchors the southern lot, flanked by three companion homes of 6,000–8,000 sq ft each for family or staff. The northern lot adds two additional luxury homes of 8,000–10,000 sq ft, available for individual sale, further enhancing the estate's overall value.

Main Residence
±40,000 sq ft
Companion Homes
3 × 6–8K sq ft
North Lot Homes
2 × 8–10K sq ft
North Lot Status
Offered Separately
48-Unit Residential Rendering
Development Scenario II

48-Unit Coastal
Residential Community

Utilizing the State of California Density Bonus Law, the property supports a transformative 48-unit luxury residential community — seven dramatic oceanfront homes directly on the water's edge, and 41 premium condominiums rising above, with eight units designated as affordable housing per state requirements.

Total Units
48 Residences
Waterfront Homes
7 On-Water Villas
Condominiums
41 Units Above
Affordable Units
8 (per CA Law)
Property Details

Specifications &
Investment Overview

Current Property

  • Address32221 S. Coast Hwy, Laguna Beach CA
  • Total Bedrooms10
  • Total Bathrooms7.5
  • Existing Structures3 Residences
  • Sports CourtFull Basketball Court
  • LocationBlufftop, Laguna Beach
The property's dramatic blufftop position delivers unobstructed Pacific Ocean views from virtually every vantage point. The private sandy cove below is accessible via estate pathways and steps carved into the cliffs.

Acquisition Terms

  • Asking Price$95,000,000
  • Annual Lease$2,400,000 / Year
  • Monthly Lease$350,000 / Month
  • Scenario I — Compound40K sqft + 5 Homes
  • Scenario II — Dev.48 Units via CA Law
  • Waterfront Villas7 Direct Ocean Units
  • Density BasisCA Density Bonus Law
  • ShowingsBy Appointment Only
All information deemed reliable but not guaranteed. Prospective purchasers are advised to conduct their own investigations. Development scenarios are conceptual and subject to applicable entitlement approvals.
Est. 1973

A Legacy
Half a Century in the Making

This extraordinary property has commanded its dramatic blufftop perch above the Pacific for over fifty years. This rare 1973 aerial photograph captures the estate in its earliest chapter — the same irreplaceable land, the same private cove, the same endless Pacific horizon that makes this one of the California coast's most enduring and coveted addresses.

Aerial photograph, 1973

Aerial photograph 1973
Private Inquiries

Request Information
or Showing

This property is offered exclusively and discreetly. Qualified inquiries are welcomed. All showings are by appointment only. Please complete the form or contact us directly to receive a full offering memorandum.

Property Address
32221 S. Coast Highway, Laguna Beach, CA 92651
Offering
$95M Purchase · $2.4M/yr · $350K/mo
Website
32221scoasthwy.com