1255 Skyline Dr

Perched above the coastline in Laguna Beach’s exclusive Mystic Hills, the iconic “Wave House” offers an unparalleled vantage point with 121 feet of unobstructed ocean frontage and sweeping, panoramic views that span the Pacific horizon. Originally designed by renowned architect Harry Gesner and now on the market for the first time in 32 years, this 5,013 (+/-) square-foot architectural icon is immersed in natural light, with walls of glass that frame mesmerizing vistas of Catalina Island, crashing whitewater, and the ever-changing coastline—views that follow you from nearly every room, morning to sunset. Expansive view decks invite seamless indoor-outdoor living, while ocean breezes and the sound of the surf create a sense of calm and connection to the sea. Set on a 14,399 (+/-) square-foot street-to-street lot, this one-of-a-kind property captures the very essence of Southern California’s coastal beauty and tranquility while offering the perfect balance of seclusion and convenience—just moments from Laguna’s renowned beaches, fine dining, galleries, and vibrant village life. The existing layout includes four bedrooms, three and a half baths, a dedicated office, gym, media room, 48 foot pool, spa, cabana and private 6-person sauna—each space offering its own breathtaking outlook over the water. Every element of the home is oriented to celebrate its most valuable feature: the endless, awe-inspiring ocean views. Approved remodel plans and refined architectural renderings by Elle White Architecture envision a respectful yet transformative restoration—preserving the home's mid-century soul while enhancing its livability with contemporary luxury. Imagine the possibilities. Once completed, this will be far more than a home—it will be a front-row seat to the Pacific, a rare opportunity to own a living work of art in the heart of one of California’s most iconic and vibrant coastal communities.