22172 Rico Road, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$8,995,000
22172 Rico Road, Laguna Beach, California 92651
4Beds
4Baths
3,700Sqft
8,375Lot
Year Built
2025
Close
-
List price
$8.99M
Original List price
$8.99M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25141917
Home ConditionExcellent
Features
Excellent View: Neighborhood, Ocean
Pool
Patio
ViewNeighborhood, Ocean

About this home

Introducing Villa Azul, an extraordinary ocean-view development opportunity located in the prestigious hills of Laguna Beach. This fully entitled luxury project includes approved architectural plans by world-renowned Horst Architects, with construction currently underway. Set above the coastline, the property captures expansive west-facing views of the Pacific Ocean and is ideally situated just minutes from Southern California’s most iconic beaches and hidden coves. The approved design features an approximately 3,000 square foot main residence and a 700 square foot detached Casita, privately tucked beneath a dramatic 42-foot infinity-edge lap pool that overlooks the ocean. The main level includes a formal entry, open-concept chef’s kitchen, dining and living areas, and a two-car garage, all flowing seamlessly to a covered outdoor entertaining terrace. The lower level hosts the private sleeping quarters, including a resort-caliber primary suite with panoramic ocean views, a spa-inspired bath, and a generous walk-in closet. Each room on this level opens directly to the private pool terrace, creating a seamless indoor-outdoor living experience. The detached Casita offers its own living and sleeping quarters and opens into a serene, landscaped garden setting—ideal for guest use or as a private retreat. Designed with a timeless and natural material palette including ocean silver travertine, marine-grade cedar, exposed concrete, glass, and steel, Villa Azul reflects a warm modern aesthetic that harmonizes with the surrounding coastal terrain. The architectural vision emphasizes clean lines, expansive floor-to-ceiling glass, and fluid transitions to outdoor terraces and spa-style amenities. This is a rare opportunity to realize a signature residence that blends luxury, design, and coastal living in one of Laguna Beach’s most desirable enclaves.

Price History

Date
Event
Price
06/24/25
$8,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds43
58%
Baths43
62%
Square foot3,7002,015
86%
Lot Size8,3755,581
83%
Price$8.99M$3.15M
93%
Price per square foot$2,431$1,571
88%
Built year20251965
99%
HOA
Days on market134194
27%
Condition Rating
Excellent

This property is a luxury new construction project with a 'year_built' of 2025, indicating it will be brand new upon completion. The description confirms 'construction currently underway' and details high-end features such as an 'open-concept chef’s kitchen,' 'spa-inspired bath,' and a 'timeless and natural material palette' with a 'warm modern aesthetic.' Although images show the property is still under construction, the final product will be newly built with all new components, meeting the highest quality standards, thus qualifying for an 'excellent' condition score.
Pros & Cons

Pros

Unparalleled Location & Ocean Views: Situated in the prestigious hills of Laguna Beach, the property offers expansive west-facing Pacific Ocean views and is minutes from iconic beaches and coves.
World-Class Architectural Design: A fully entitled luxury project with approved plans by world-renowned Horst Architects, featuring a warm modern aesthetic, clean lines, and extensive floor-to-ceiling glass.
Brand New Luxury Construction: As a 2025 build with construction underway, the property will deliver a state-of-the-art residence with modern systems and finishes, requiring no immediate maintenance.
Exceptional Amenities & Indoor-Outdoor Living: Designed with a dramatic 42-foot infinity-edge lap pool, open-concept chef's kitchen, resort-caliber primary suite, and seamless transitions to outdoor entertaining terraces.
Valuable Detached Casita: The inclusion of a 700 sqft detached Casita provides versatile living quarters, ideal for guests or as a private retreat, enhancing the property's functionality and appeal.

Cons

Under Construction/Delayed Occupancy: The property is currently under construction with a 2025 completion date, meaning immediate occupancy is not possible and requires a buyer willing to wait.
High Investment Threshold: With a list price of nearly $9 million, this property targets an extremely exclusive and niche buyer demographic, potentially limiting the pool of interested parties.
Purchase of a Project in Progress: Described as a 'development opportunity' with 'construction underway,' buyers are acquiring a project in progress rather than a fully completed, ready-to-move-in residence.

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