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21095 Raquel Road, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$6,950,000
21095 Raquel Road, Laguna Beach, California 92651
0Bed
0Bath
7,000Sqft
27,072Lot
Year Built
1979
Close
-
List price
$6.95M
Original List price
$8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25071849
Home ConditionExcellent
Features
Good View: Canyon, Mountain(s)
Deck
Spa
ViewCanyon, Mountain(s)

About this home

The Pearl Laguna is an internationally acclaimed Yoga & Health Retreat nestled in the serene surroundings of LagunaCanyon. Spanning approximately 7,000 square feet on a 0.63-acre lot, this exceptional property features 12 bedrooms and 14 bathrooms, making it an ideal destination for wellness retreats, boutique hospitality, or specialized treatment facilities. Designed for luxury and tranquility, the retreat boasts a state-of-the-art commercial kitchen, a dedicated gym, a saltwater spa, two saunas, and an expansive yoga deck. Its prime location offers immediate access to Downtown Laguna Beach,world-class hiking trails, and renowned cultural attractions such as the Festival of Arts. The property benefits from a Conditional Use Permit (CUP) issued in 2008 for a 12-bed Yoga & Health Retreat, with a prior CUP (expired) in 1991 for a 15-bed residential treatment facility. Whether envisioned as a boutique B&B, a premier wellness destination, or a specializedtreatment center, The Pearl Laguna Beach presents an extraordinary investment opportunity in one of Southern California’s most sought-after locations.

Nearby schools

9/10
El Morro Elementary School
Public,•K-5•3.1mi
9/10
Thurston Middle School
Public,•6-8•1.4mi
9/10
Laguna Beach High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
08/21/25
Price Change
$6,950,000
04/02/25
Listing
$7,995,000
Condition Rating
Excellent
Despite being built in 1979, this property has undergone extensive, high-quality renovations, evident from the 'state-of-the-art commercial kitchen' and modern bathrooms with contemporary fixtures and tiling. The overall condition, including flooring, lighting, and general aesthetics, appears pristine and virtually new, consistent with its function as an 'internationally acclaimed Yoga & Health Retreat' that demands continuous upkeep and modern amenities. All components meet current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Premier Laguna Beach Location: Nestled in the serene Laguna Canyon, the property offers immediate access to Downtown Laguna Beach, world-class hiking trails, and renowned cultural attractions, enhancing its desirability and value.
Established & Permitted Commercial Use: Operating as an 'internationally acclaimed Yoga & Health Retreat' with an active Conditional Use Permit (CUP), this property provides a turnkey solution for a specialized business.
Extensive & Specialized Amenities: The 7,000 sqft facility is fully equipped with 12 bedrooms, 14 bathrooms, a state-of-the-art commercial kitchen, gym, saltwater spa, two saunas, and an expansive yoga deck, catering perfectly to its retreat purpose.
Versatile Investment Potential: Beyond its current use, the property is ideally suited for various ventures including boutique hospitality, specialized treatment facilities, or a high-end B&B, offering diverse income streams.
Generous Lot Size & Tranquil Setting: Spanning a substantial 0.63-acre lot, the property provides ample space and privacy, complemented by serene canyon and mountain views, fostering a peaceful retreat environment.

Cons

Highly Specialized Buyer Pool: The property's specific design and commercial zoning for a retreat or treatment facility significantly limit the potential buyer demographic to investors or operators in this niche market.
Property Age & Potential for Updates: Built in 1979, the property is over 40 years old, which may necessitate future capital expenditures for system upgrades, maintenance, or aesthetic modernization to meet contemporary luxury standards.
Significant Price Reduction: A substantial reduction from the original list price ($7.995M to $6.95M) could indicate extended market time or a motivated seller, potentially raising questions for prospective buyers regarding its market value or condition.

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