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32181 Coast Hwy1 / 45 · Click to zoom

About this home

The true feeling and spirit of old Laguna lives on - in the Cypress Compound. Privacy, architectural excellence, and untouched natural splendor converge on maturely landscaped coastal acreage to create a legacy estate. Perched above Thousand Steps Beach, this singular oceanfront compound has been mindfully renovated, with all three structures retaining their original historic footprints. The irreplaceable Chris Abel-designed main residence, anchored by a Monterey Cypress, rests on a bluff 70 feet above the surf, offering seclusion and uninterrupted coastline vistas. This single bedroom architectural gem consists of a spacious living salon, a kitchen overlooking the sand, and a sizable deck for all-season enjoyment. Two fully-equipped bungalows serve as a well-appointed extension of the primary quarters. The upper features a one-bedroom apartment while the lower structure offers a two-bedroom flat on the top level and a one-bedroom accommodation with a large multipurpose living room below, all with individual kitchens. The pristine grounds have been consciously landscaped with native plants and mature trees, creating an unspoiled retreat. The estate s amenities are truly remarkable. An exclusive double-gated staircase with an observation deck leads to a roped-off, 15 ft deep privately owned beach area which extends along the oceanfront property line. Thoughtful consideration was given to not overbuilding this incredible parcel yet it does not lack incredible modern improvements: a 45+ ft long infinity edge pool with first-row views of the Pacific was added in recent years. Adjacent to it, a state-of-the art outdoor kitchen and open air cabana create a perfect setting for high-level entertaining. Those seeking more active recreation will also enjoy the quarter-sized basketball court. Beyond its boundaries, this enclave offers a coveted location near some of the most prestigious resorts in Orange County: the Montage, Ritz Carlton and St.Regis are all merely miles away.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneVE / High Risk - Coastal
🏷 Last sold$7,700,000 · Feb 2010
📋 Assessed value$10,627,367
💵 Annual tax$117,071
🏫 School districtLaguna Beach Unified School District

MLS #LG25231857MR

🔥 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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Estimated total monthly payment
$250,564
Principal & interest$202,236
Property tax$36,662
Home insurance$11,665
Down payment: $7,999,000Loan: $31,996,000

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