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Perched at the end of an elevated, single-loaded cul-de-sac shared by just four homes, this rare Mystic Hills estate presents an extraordinary opportunity to create a private coastal retreat or showpiece entertainer’s residence. Set on a 22,000-square-foot, half-acre point lot, the property captures sweeping 180-degree ocean, whitewater and hillside views with exceptional privacy, open sightlines and no rooftop visual clutter. Offered for the first time in over sixty years, the residence has been fully cleared on the interior and is ready for a complete custom remodel. Seller has secured January 2026 Design Review Board approval for a major three-level transformation of approximately 6,800 square feet, offering a remarkable head start for the next owner’s vision. A once-in-a-generation Laguna Beach offering, this property combines scale, privacy, views and location in a setting that simply cannot be replicated. All remodeled and furnished images are digitally created to illustrate the home’s potential; the property is currently vacant, unfurnished and ready for renovation.
Listing agent: Marcel Ford DRE #01064293 marcel@oldnewportrealty.com, Listing office: Old Newport Realty
MLS data updated 10/16/2026, 10:22:37 PM PT
Source: CRMLS, MLS #: NP26205184
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 18, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$5,985,000Original asking price · Sep 18, 2026ZIP 92651 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.