622 Mystic Way, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$9,599,000
622 Mystic Way, Laguna Beach, California 92651
5Beds
5Baths
6,950Sqft
18,000Lot
Year Built
1991
Close
-
List price
$9.6M
Original List price
$12.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
LG25099258
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Coastline, Hills, Landmark, Ocean, Panoramic, Pool, Water
Deck
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Hills,Landmark,Ocean,Panoramic,Pool,Water

About this home

Introducing the Crown Jewel of Mystic Hills, a truly exceptional property that epitomizes elegance and potential, nestled in one of California's most coveted locations. Encompassing nearly 7,000 square feet of luxurious living space, this home is situated on a rare, expansive 18,000 square foot lot (approx), offering breathtaking 180-degree panoramic views of the mesmerizing whitewater ocean and the charming panorama of downtown Laguna. This property is not only a stunning residence but also an unparalleled investment opportunity, with potential for lot subdivision, making it ideal for investors or those seeking a multi-generational family compound. With its convenient location, this magnificent home offers walking distance access to downtown attractions, the high school, pristine beaches, and renowned art festivals, thus combining seclusion with accessibility. Established as one of the first developed parcels in Mystic Hills and cherished by the same family since 1947, this property is imbued with a rich history and a one-of-a-kind charm, offering a rare opportunity to own a piece of local heritage. Positioned on a prominent corner lot, the estate boasts potential for subdivision, which further enhances its appeal as a versatile investment. This expansive home features five inviting bedrooms and four and a half elegantly designed bathrooms, ensuring ample space for comfort and sophistication. Adding to the allure of this stunning home are five cozy fireplaces that elevate the ambiance, creating a warm and inviting atmosphere. Outside, the property offers a lavish pool and spa, perfect for entertaining or unwinding with serene views and a gentle coastal breeze. The rare combination of luxurious amenities and unbeatable location makes this estate an extraordinary find that promises to captivate discerning buyers quickly. Don't miss the chance to call this remarkable property your own; it is truly an opportunity not to be missed.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.5mi
9/10
El Morro Elementary School
Public,K-52.1mi
9/10
Thurston Middle School
Public,6-80.8mi
9/10
Laguna Beach High School
Public,9-120.3mi

Price History

Date
Event
Price
08/14/25
Price Change
$9,599,000
05/05/25
Listing
$12,900,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds53
90%
Baths53
78%
Square foot6,9502,015
99%
Lot Size18,0005,581
97%
Price$9.6M$3.15M
94%
Price per square foot$1,381$1,559
36%
Built year19911965
82%
HOA
Days on market184194
45%
Condition Rating
Fair

Built in 1991, this property is 33 years old. While well-maintained and featuring stunning views and amenities like a pool and spa, the interior, particularly the kitchen and some flooring, shows signs of being stylistically outdated. The kitchen appears to have been updated with stainless steel appliances, but the flat-panel cabinetry and curved bar design suggest a renovation from 15-25 years ago, rather than a recent modern update. The dark tile/slate flooring in main living areas also reflects an older aesthetic. Although functional and clean, these elements would likely prompt a buyer to undertake minor updates to modernize the home, aligning with the 'Fair' condition criteria of requiring minor updates and showing signs of being outdated.
Pros & Cons

Pros

Panoramic Views: Offers breathtaking 180-degree whitewater ocean, downtown Laguna, and city light views, a premium feature in this coveted location.
Coveted Laguna Beach Location: Situated in one of California's most desirable areas, with convenient walking access to downtown, beaches, and art festivals.
Development Opportunity: Features a rare, expansive 18,000 sqft corner lot with significant potential for subdivision, ideal for investors or multi-generational use.
Generous Dimensions: Boasts nearly 7,000 sqft of luxurious living space on a substantial 18,000 sqft lot, providing ample room and privacy.
High-End Amenities: Includes a lavish pool, spa, and five fireplaces, enhancing the property's luxury appeal and entertainment value.

Cons

Price History: The property has undergone a substantial price reduction from its original list price, which may prompt buyer scrutiny regarding its market value.
Property Age: Built in 1991, the home may require modernization or updates to meet current luxury design and technology standards expected by discerning buyers at this price point.
Subdivision Complexity: While offering subdivision potential, realizing this opportunity involves a complex and potentially lengthy process of zoning, permits, and significant investment, which may not appeal to all buyers.

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