Laguna Beach, California · Offered Exclusively

Three Frogs
Point

Thousand Steps Beach  ·  Laguna Beach, CA  ·  ±4 Acres  ·  11 Parcels

Offered For Sale
$95,000,000
Fee Simple · As-Is
Ocean Frontage
~320 ft
Sandy Shoreline
Total Site
4 ac
11 Contiguous Parcels
Explore
The Property

One of Southern California's
Most Significant Coastal Offerings

This iconic oceanfront property represents the opportunity to redefine an entire piece of prime coastline. Comprising approximately 4 acres across eleven contiguous parcels and commanding nearly 320 feet of sandy shoreline, this extraordinary Laguna Beach collection represents one of the most significant residential development opportunities ever offered along the Southern California coast.

Positioned above a secluded cove at the southernmost tip of Thousand Steps Beach with panoramic views spanning the Pacific Ocean, Catalina Island, and the dramatic Laguna shoreline, the property combines unparalleled scale, irreplaceable location, and exceptional development potential in a manner rarely encountered and unlikely to be replicated.

4
Total Acres
Eleven Contiguous Parcels
~320ft
Sandy Shoreline
Direct Ocean Frontage
11
Contiguous Parcels
Rare Coastal Assemblage
2
Dev. Scenarios
Community or Compound
The Opportunity

A Defining Moment
on the California Coast

The true value of this offering lies not in the existing improvements, but in the opportunity to create a landmark coastal residential development capable of establishing a new benchmark for luxury living in one of California's most supply-constrained and globally sought-after markets. With an enviable trove of parcels, substantial ocean frontage, and advanced planning considerations already investigated, the property presents a unique opportunity to develop a transformative family compound or oceanfront community consisting of custom luxury residences, ultra-premium condominiums, or a thoughtfully integrated mixed residential vision designed to maximize both value and long-term market significance.

While the property's highest and best use may be realized through its development potential, the estate also offers the rare alternative of creating one of the most significant multigenerational oceanfront compounds on the West Coast — an extraordinary private retreat capable of spanning generations and serving as a lasting family legacy.

Further enhancing the investment profile, three newly renovated residences currently occupy the property and may provide interim income or executive housing accommodations while development plans, entitlements, and approvals are finalized — helping to offset holding and maintenance costs throughout the planning process.

"Opportunities of this magnitude are extraordinarily rare. A coastal assemblage of this scale, frontage, and development potential represents more than a real estate acquisition — it is an opportunity to shape the future of one of the most coveted stretches of coastline in Southern California and to create a project destined to become a defining landmark for generations to come."

Property Video

Experience Three Frogs Point

Vision & Opportunity

Two Visions for
Three Frogs Point

The estate's scale, location, and entitlement potential support two dramatically compelling development visions — an unrivaled private family legacy or a landmark residential community. Either path represents a once-in-a-generation opportunity to shape the future of one of the most coveted stretches of coastline in Southern California.

Family Compound Rendering
Primary Development Scenario

The Ultimate
Multigenerational Compound

One of the most significant multigenerational oceanfront compounds on the West Coast — an extraordinary private retreat capable of spanning generations and serving as a lasting family legacy. A singular 40,000 sq ft main residence anchors the southern lot, flanked by companion homes and additional luxury villas, creating an irreplaceable private world above the Pacific.

Main Residence
±40,000 sq ft
Companion Homes
3 × 6–8K sq ft
North Lot Homes
2 × 8–10K sq ft · Separate Access
48-Unit Residential Rendering
Alternative Development Scenario

48-Unit Coastal
Residential Community

Utilizing the State of California Density Bonus Law, the property supports a transformative 48-unit luxury residential community — 7 ocean front homes directly on the water's edge, and 41 premium condominiums rising above, with eight units designated as affordable housing per state requirements. An ultra-premium development designed to establish a new benchmark for luxury living on the Southern California coast.

Total Units
48 Residences
Waterfront Villas
7 Ocean Front Homes
Condominiums
41 Units Above
Affordable Units
8 (per CA Law)
Property Details

Specifications &
Investment Overview

The Assemblage

  • Property NameThree Frogs Point
  • LocationThousand Steps Beach, Laguna Beach CA
  • Total Acreage±4 Acres
  • Parcels11 Contiguous Parcels
  • Ocean FrontageNearly 320 Feet of Sandy Shoreline
  • PositionAbove Private Cove · Southernmost Tip
  • ViewsPacific Ocean, Catalina Island, Laguna Coast
Positioned above a secluded cove at the southernmost tip of Thousand Steps Beach with panoramic views spanning the Pacific Ocean, Catalina Island, and the dramatic Laguna shoreline — a location that is irreplaceable and unlikely to be replicated.

Acquisition & Development

  • Asking Price$95,000,000
  • Scenario I±40,000 sq ft Compound + 5 Homes
  • Scenario II48-Unit Coastal Community
  • Waterfront Villas7 Ocean Front Homes
  • Density BasisCA Density Bonus Law
  • ShowingsBy Appointment Only
All information deemed reliable but not guaranteed. Prospective purchasers are advised to conduct their own investigations. Development scenarios are conceptual and subject to applicable entitlement approvals.
Est. 1973

A Legacy
Half a Century in the Making

This extraordinary property has commanded its dramatic position above the Pacific for over fifty years. This rare 1973 aerial photograph captures the estate in its earliest chapter — the same irreplaceable land, the same secluded cove, the same endless Pacific horizon that makes Three Frogs Point one of the California coast's most enduring and coveted addresses.

Aerial photograph, 1973

Aerial photograph 1973
Private Inquiries

Request Information
or Showing

Three Frogs Point is offered exclusively and discreetly. Qualified inquiries are welcomed. All showings are by appointment only. Please complete the form or contact us directly to receive a full offering memorandum.

Property
Three Frogs Point · Thousand Steps Beach, Laguna Beach, CA
Asking Price
$95,000,000
Assemblage
±4 Acres · 11 Parcels · ~320 ft Shoreline
Listed By
Rob Smith
Founding Partner
Member · Compass Sports & Entertainment Division
DRE# 01113111