1015 Madison Place, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$5,995,000
1015 Madison Place, Laguna Beach, California 92651
4Beds
4Baths
2,820Sqft
7,410Lot
Year Built
2024
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25043655
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Canyon, Hills, Mountain(s), Ocean, Panoramic
Spa
Patio
ViewCatalina,City Lights,Coastline,Canyon,Hills,Mountain(s),Ocean,Panoramic

About this home

Big Sur inspired, Rancho Laguna Contemporary ocean view retreat. This spectacular fully renovated Marshall Ininns Architect, Andra Miller Designed and Bill Dalke constructed home is special even for Laguna standards. The home hosts 4bds/4baths, panoramic ocean, coastline, Catalina and hills views, generous indoor & outdoor entertaining spaces and ultra private artfully designed layout and finishes. This is the perfect fusion of contemporary, coastal comfort and mid-century. Other features include an approved ADU option, expansive entry courtyard, Entertainers kitchen with SubZero wood appliances & 15 ft La Cantina doors that seamless connect with the courtyard BBQ bar, fire-pit, beautiful gardens with outdoor spa and located on a quiet Cul-de-sac. The home is under construction and will be completed late October.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-50.9mi
9/10
Thurston Middle School
Public,6-80.7mi
9/10
Laguna Beach High School
Public,9-120.8mi

Price History

Date
Event
Price
02/27/25
$5,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (137 Listings)
Beds43
58%
Baths43
62%
Square foot2,8202,008
70%
Lot Size7,4105,516
74%
Price$6M$3.13M
85%
Price per square foot$2,126$1,580.5
78%
Built year20249825983
99%
HOA
Days on market250195
75%
Condition Rating
Excellent

This property is listed with a 'year_built' of 2024 and the description explicitly states it is 'fully renovated' and 'under construction and will be completed late October' (implying 2024 completion). The images, including high-quality renderings of the finished spaces and a construction photo, confirm a brand-new or extensively renovated property. The kitchen is described with 'SubZero wood appliances' and features modern, high-end finishes like marble countertops and custom cabinetry, meeting the highest current quality standards. All components are new or virtually new, with no deferred maintenance.
Pros & Cons

Pros

Unparalleled Panoramic Views: The property offers breathtaking panoramic views of the ocean, coastline, Catalina Island, city lights, and hills, significantly enhancing its desirability and value.
Masterful Renovation & Design: A fully renovated home completed in 2024, meticulously designed by Andra Miller and constructed by Bill Dalke, featuring custom finishes and a sophisticated blend of contemporary, coastal, and mid-century styles.
Exceptional Indoor-Outdoor Living: Boasts generous indoor and outdoor entertaining spaces, including an expansive entry courtyard, BBQ bar, fire-pit, beautiful gardens, and an outdoor spa, perfect for the Laguna Beach lifestyle.
High-End Kitchen & Modern Features: Equipped with an entertainer's kitchen featuring SubZero appliances and 15 ft La Cantina doors, seamlessly connecting to outdoor areas, plus the added value of an approved ADU option.
Prime & Private Location: Situated on a quiet cul-de-sac in the highly sought-after Rancho Laguna subdivision of Laguna Beach, offering both exclusivity and convenience.

Cons

Under Construction Status: The property is currently under construction with completion expected in late October, which means it is not available for immediate occupancy and requires buyers to wait.
Listing Price Discrepancy: The current listing price is 6% higher than the estimated property value, potentially indicating an aggressive pricing strategy that may require justification to prospective buyers.
Niche Architectural Style: While expertly designed, the 'Big Sur inspired, contemporary, coastal comfort and mid-century' fusion may appeal to a specific aesthetic preference, potentially narrowing the buyer pool compared to a more universally appealing design.

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