A waterfront estate in Laguna Beach has been listed for $112 million, positioning it to potentially set a new record for residential property sales in both the city and Orange County. The property, situated on just over an acre atop a bluff with direct views of the Pacific Ocean, offers expansive living space totaling approximately 14,400 square feet.

Marketed by Meital Taub and Jill Lockhart of Livel Real Estate, the luxury compound features eight bedrooms, 12 full bathrooms, and three powder rooms spread between the main residence and separate guest quarters. Designed by architect Fred Briggs, the home incorporates floor-to-ceiling glass walls that frame sweeping vistas extending to Catalina Island. Briggs, noted for his work on luxurious coastal homes, crafted the estate to blend indoor and outdoor spaces seamlessly, with parts of the structure extending over the water.

Included with the property is an ocean-facing pool that enhances the scenic setting. The current owner, David Wilson, CEO of Wilson Automotive Group, acquired the home in 2001 for a then-record price in Orange County. Over the past two decades, Wilson has invested millions in significant renovations and upgrades while maintaining the integrity of Briggs’ original architectural vision.

A comparable estate in nearby Emerald Bay reportedly sold recently for $110 million. Should the Laguna Beach property achieve its asking price, it would surpass that sale to become the most expensive residential transaction in the region.

The listing underscores ongoing demand for exclusive oceanfront properties in Southern California, driven by buyers seeking extraordinary locations combined with high-end architectural design.