




1902 Ocean Way, Laguna Beach, CA, 92651
About This Home
Brand-new and scheduled for completion in the third quarter of 2026, this exceptional coastal residence is sited on a premier elevated lot with sweeping views of the Pacific Ocean and Catalina Island, offering a rare opportunity in Laguna Beach’s coveted Woods Cove neighborhood. Currently under construction, with renowned architect Rory Foubister, and interiors and material curation by Kaytia Designs, the home is being reimagined into a sophisticated five-bedroom, five-and-one-half bath retreat. The offering includes a fully permitted approximately 1,000-square-foot ADU with its own ocean views and private kitchen. The residence blends timeless coastal architecture with refined material selections. Exterior features include clear vertical-grain cedar siding, AAA Stone Tundra Cream accents, limestone hardscape, Thermory ash wood used in select exterior applications including fencing and architectural detailing, and curated exterior lighting. Outdoor living is designed for entertaining with multiple seating areas, a spa, outdoor kitchen, and dramatic gas fire features. Interiors showcase wide-plank European French white oak flooring, limewash walls, and custom bleached white oak bespoke cabinetry throughout both the main residence and ADU. The chef’s kitchen features Perla Venata stone countertops, an oversized island, secondary prep kitchen, and professional-grade appliances including Sub-Zero refrigeration, BlueStar cooking, and Miele systems. Bathrooms are appointed with natural stone, Zellige tile, slab stone in the primary bath, steam shower, Toto fixtures, and washlets. Additional highlights include custom interior doors, Visual Comfort and Prado lighting, Town & Country gas fireplaces, zoned HVAC, Lutron lighting, and home automation. The home is being sold complete, with construction scheduled for completion in Q3 of 2026.
Getting Around
Schools
Construction
Condition
- Property condition: Additions/Alterations,Updated/Remodeled,Turnkey
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Architectural style: Modern,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: 6 Burner Stove,Built-In Range,Barbecue,Convection Oven,Dishwasher,ENERGY STAR Qualified Appliances,Freezer,Disposal,Gas Oven,Gas Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Range Hood,Water Softener,Tankless Water Heater,Water To Refrigerator,Water Purifier
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Features
- Built-in Features,Balcony,High Ceilings,Living Room Deck Attached,Stone Counters,Recessed Lighting,Wired for Data,Primary Suite,Utility Room,Walk-In Closet(s)
- Door features: Sliding Doors
- Window features: ENERGY STAR Qualified Windows
- Flooring: Wood
- Fireplace features: Gas,Living Room
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total interior livable area: 3,062 sqft
Kitchen
- Features: Built-in Trash/Recycling,Kitchen Island,Kitchen/Family Room Combo,Stone Counters,Remodeled,Updated Kitchen
Master Bedroom
- Features: Primary Suite
Other
- Features: Walk-In Closet(s)
Property
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Details
- Parcel number: 64427616
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Entry location: front
- Pool features: None
- Patio & porch: Deck
- Exterior features: Lighting
- Spa features: None
- Fencing: Excellent Condition
- Has view: Yes
- View description: Catalina,City Lights,Neighborhood,Ocean,Panoramic,Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Ocean Access,Ocean Side Of Freeway,Ocean Side Of Highway
Lot
- Lot size: 6,477 sqft
- Features: Back Yard,Landscaped,Rectangular Lot,Sprinkler System,Walkstreet,Yard
Parking
- Total spaces: 5
- Parking features: Door-Multi,Garage Faces Front,Garage,Deck
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Wildfire
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $67,226 | $806,712 |
| Home Insurance * | $2,060 | $24,720 |
| Property Taxes | $11,147 | $133,764 |
| Electricity | $656 | $7,879 |
| Total | $81,089 | $973,068 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-06 | Price change | $13,295,000 |
| 2025-06-23 | Price change | $6,749,000 |
| 2025-01-20 | Price change | $7,495,000 |
| 2025-01-03 | Price change | $7,150,000 |
| 2024-12-08 | Listed for sale | $7,495,995 |
| 2022-04-20 | Sold | $5,500,000 |
| 2022-03-15 | Listing removed | -- |
| 2021-12-15 | Listed for rent | $17,500 |
| 2021-11-19 | Listing removed | -- |
| 2021-10-19 | Listed for rent | $20,000 |
| 2021-09-30 | Listing removed | -- |
| 2021-08-30 | Listed for rent | $20,000 |
| 2021-04-13 | Sold | $20,000 |
| 2021-01-12 | Listing removed | -- |
| 2020-04-29 | Price change | $20,000 |
| 2020-04-21 | Listed for rent | $17,500 |
| 2010-04-23 | Sold | $2,669,000 |
| 2010-02-08 | Listed for sale | $2,999,000 |
| 2004-06-04 | Sold | $2,900,000 |
