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988 Acapulco St, Laguna Beach, CA, 92651

4beds
4baths
3,115sqft
$3,980,000
$1,278price/sqft
$24,938/moest. monthly cost
$997,520/yrincome needed

About This Home

Enjoy breathtaking panoramic ocean and Catalina Island views from this stunning four-bedroom contemporary home in Laguna Beach. Thoughtfully designed with unique architectural elements, the residence features hardwood flooring, stone accents, and abundant natural light enhanced by multiple skylights. This spacious multi-level home offers premium amenities including a private elevator, gourmet kitchen with walk-in pantry, dedicated office, and a cozy living room with fireplace. The covered patio with outdoor jacuzzi provides the perfect setting for relaxation while enjoying the coastal scenery. Ideally located just minutes from Laguna Beach’s renowned beaches, dining, shopping, and art galleries, this exceptional property combines luxury living with the best of coastal lifestyle.

Getting Around

6
WalkingCar-Dependent
30
TransitSome Transit
2
BikeSomewhat Bikeable

Schools

8/10
Thurston Middle SchoolGrades 6-81.5 mi
10/10
Laguna Beach High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2006

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Bedroom on Main Level,Primary Suite
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 3,115 sqft

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 64446334
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Entry location: Front Door
  • Pool features: None
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 5,000 sqft
  • Features: Back Yard

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Wildfire
Heat Wave
Inland Flooding
Landslide

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $20,125$241,500
Home Insurance *$616$7,392
Property Taxes $3,530$42,360
Electricity $667$8,015
Total$24,938$299,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$855,017/yr
40% on housing$748,140/yr
45% on housing$665,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,278This listing

vs Other Active Listings

Avg $/sqft

ZIP 92651$2,116
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92651$1,559
Orange County$707

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

DateEventPrice
2026-07-16Listed for sale$3,980,000
2026-05-07Listing removed$4,600,000
2026-03-17Listed for sale$4,600,000
2020-08-28Sold$1,959,000
2020-08-10Pending sale$1,995,000
2020-08-01Price change$1,995,000
2020-07-18Price change$2,025,000
2020-02-12Price change$2,095,000
2020-01-09Price change$2,140,000
2019-10-05Price change$2,150,000
2019-07-03Price change$2,290,000
2019-05-01Price change$2,345,000
2019-03-22Listed for sale$2,450,000
2016-05-09Sold$2,050,000
2016-03-29Pending sale$2,188,000
2016-02-04Price change$2,188,000
2016-01-10Price change$2,288,000
2015-10-16Price change$2,291,000
2015-07-09Price change$2,295,000
2015-04-28Price change$2,385,000
2015-03-06Price change$2,395,000
2015-02-13Listed for sale$2,495,000
2014-11-05Listing removed$2,699,000
2014-10-12Price change$2,699,000
2014-08-12Listed for sale$2,899,000
2007-07-17Sold$1,900,000
2003-08-29Sold$426,000
2003-06-02Sold$420,000

For Sale by Agent

AgentGongxun Tang
BrokeragePinnacle Real Estate Group

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