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For Sale|Single Family ResidenceActive

1255 Skyline Drive, Laguna Beach, CA 92651

  • 4 beds
  • 4 baths
  • 5,013 sq ft
  • 0.33-acre lot
  • Built 1967

MLS# LG26228178 · Listed Oct 22, 2026 · New Today

Subdivision Mystic Hills

Mystic Hills rises in the terraced hills above the Laguna Beach village, set between Laguna Canyon and Park Avenue Canyon and served by the Laguna Beach Unified School District.

13 single-family homes sold in the past 12 months · median $3,675,000

See homes for sale in Mystic Hills

Open house

Open House

The home

About 1255 Skyline Drive

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 for 1255 Skyline Drive

This 4-bedroom, 4-bath single-family home sits in the Mystic Hills neighborhood of Laguna Beach in Orange County. It offers 5,013 square feet of living space and is listed at $7,900,000, about $1,576 per square foot. The home was built in 1967. The MLS record lists the assessor parcel number as 641-301-06. Highlights include ocean and coastline views, a private pool, a fireplace, an attached two-car garage, and a 0.33-acre lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$7,900,000
Days On Site
New Today
Bedrooms
4
Inside Area (SqFt)
5,013 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
0.3306 Acres
Year Built
1967
MLS® Number
LG26228178
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser

General Features

Property Type
Single Family Residence
MLS Number
LG26228178
Year Built
1967
Living Area (sq ft)
5,013
Living Area Source
Appraiser
Lot Size (sq ft)
14,399
Lot Size (acres)
0.3306
Levels
Two
Bedrooms
4
Full Baths
3
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Private Pool
Yes
Parcel Number
64130106
On Market Date
2026-10-22
Listing Terms
Standard

Interior Features

Interior Features
Bedroom On Main Level
Heating
None
Cooling
None
Fireplace
Living Room
Laundry
Inside
Main Level Bedrooms
2
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls
Rooms
Office, Kitchen, Great Room, Bedroom

Exterior Features

Lot Features
Zero To One Unit Acre
Pool Features
Private
Sewer
Unknown
Water
Public
Units
1

Community Features

Subdivision
Mystic Hills (MH)
Community Features
Suburban

The record

Property History for 1255 Skyline Drive

DateEventPriceNote
Oct 22, 2026 Listed for sale $7,900,000

No prior MLS sales on record for this home since 2012.

Cost of ownership

Estimated monthly payment

7.32% · 30-yr fixed
$
$61,350/mo
10% down · 30-year fixed · $790,000 down
Principal & interest$48,841
Mortgage insurance (est., over 80% LTV)$2,963
Property tax (est. 1.1%)$7,242
Home insurance (rough est., varies widely)$2,304
HOANot reported, not included
$52,960/mo
20% down · 30-year fixed · $1,580,000 down
Principal & interest$43,414
Property tax (est. 1.1%)$7,242
Home insurance (rough est., varies widely)$2,304
HOANot reported, not included
$47,533/mo
30% down · 30-year fixed · $2,370,000 down
Principal & interest$37,987
Property tax (est. 1.1%)$7,242
Home insurance (rough est., varies widely)$2,304
HOANot reported, not included
Estimated carrying cost
$9,546/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.1%)$7,242
Home insurance (rough est., varies widely)$2,304
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.32% (week of Oct 22, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Laguna Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 1255 Skyline Drive

Want to see 1255 Skyline Drive in person? We have guided buyers through Mystic Hills and the wider Laguna Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 1255 Skyline Drive

Thinking of selling nearby? We bring current Mystic Hills sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About Mystic Hills

Mystic Hills rises in the terraced hills above the Laguna Beach village, set between Laguna Canyon and Park Avenue Canyon and served by the Laguna Beach Unified School District. Custom hillside homes in a range of architectural styles climb the slopes with ocean and Catalina Island views, near the Park Avenue Nature Trail.

Mystic Hills home sales, past 12 months

Homes sold
13
Median price
$3,675,000
Median days on market
63
Median per sq ft
$1,559

Recorded MLS closings of single-family homes, Oct 15, 2025 to Oct 15, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Mystic Hills sales

This home, asking 12-month median Recent sales, listed below

At $1,576 per square foot, this home's asking price is close to the Mystic Hills median of $1,559 for single-family homes that closed in the past 12 months.

Recent Mystic Hills sales

AddressClosedPriceSq ftPer sq ftDays on market
1425 Skyline Drive Oct 14, 2026 $3,675,000 2,780 $1,322 33
1401 Bounty Way Oct 1, 2026 $5,075,000 3,332 $1,523 158
1220 Anacapa Way Aug 24, 2026 $3,300,000 1,698 $1,943 0
1289 Skyline Drive Aug 13, 2026 $3,275,000 2,020 $1,621 137
535 Mystic Jun 29, 2026 $2,300,000 2,144 $1,073 0

Schools

Schools for 1255 Skyline Drive

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Top Of The World
Middle
Thurston
High
Laguna Beach
District
Laguna Beach Unified

Moving to Laguna Beach covers its schools, parks and beaches.

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Listed by Meital Taub of Livel Real Estate

Listing information updated Oct 22, 2026 at 5:43 PM PT. Source: CRMLS.

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