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1076 Skyline Dr1 / 66 · Click to zoom

About this home

Set above one of Laguna Beachs most iconic stretches of coastline, this gated one-third-acre estate offers unobstructed panoramic views of Catalina Island and Main Beachan irreplaceable setting for investors seeking a high-value coastal asset. With more than 6,200 sq. ft. of interior space, the residence provides significant opportunity for modernization, reconfiguration, or design enhancement, including multiple interior zones suitable for creating additional living areas within the existing footprint. The scale, layout, and structural integrity make this property ideal for value-add strategies without requiring expansion. The exterior delivers strong fundamentals: an infinity-edge pool visually merging with the Pacific, expansive hardscape, coastal landscaping, a three-car garage with EV chargers, and a six-car motor court. Inside, the home features vaulted ceilings, multi-fold doors, a glass elevator, Brazilian cherry flooring, a home theater, and a chefs kitchen anchored by Madagascar-quarried stonepremium elements that can be retained, refreshed, or fully reimagined depending on the investment approach. Four ensuite bedroom suites, integrated smart-home systems, solar technology, and a flexible floor plan support both luxury repositioning and long-term rental potential. Located near award-winning Laguna Beach High School and minutes from beaches, dining, and entertainment, this estate offers developers and investors a rare combination of location, scale, and clear upside potential in one of Southern Californias most desirable coastal markets. Furnishings shown are for

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$3,860,000 · Jul 2011
📋 Assessed value$4,848,376
💵 Annual tax$50,298
🏫 School districtLaguna Beach Unified School District

MLS #26161328

🔥 Risk & insurability

🔥 Fire hazard zoneVery High
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
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Estimated total monthly payment
$56,384
Principal & interest$45,509
Property tax$8,250
Home insurance$2,625
Down payment: $1,800,000Loan: $7,200,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.