A prime Laguna Beach residence, one of only eight homes directly situated on the sand in the exclusive Three Arch Bay area, has been listed for sale at $29.95 million. This three-story house, completed in 2007 and recently remodeled, offers 5,072 square feet of luxurious living space, featuring four bedrooms and six bathrooms.
Located on a 9,040-square-foot cul-de-sac lot, the property provides private access to a backyard that leads directly to Mussel Cove, an area only accessible to residents of the guard-gated community. The home showcases stunning ocean views, enhanced by floor-to-ceiling bifold glass doors that allow for an abundance of natural light.
Property Features and Layout
The entry to the home is positioned on the top level, featuring a loft-style foyer with a sitting area that overlooks the expansive combined living and dining spaces. A wide staircase, adorned with glass railings, leads to the lower levels. The gourmet kitchen is equipped with quartz countertops, a peninsula, an island with breakfast bar seating, high-end stainless steel appliances, and a glass-enclosed wine wall. A separate prep kitchen includes a walk-in pantry for added convenience.
The living room is anchored by a raised linear fireplace, with main living areas opening to an ocean-view balcony that spans the width of the rear of the house. An elevator in the family room ensures easy access to all levels, catering to residents’ comfort.
The lower two levels each host an ocean-view primary suite. One of these suites features a bonus room, while both include a fireplace, a luxurious bathroom, and a walk-in closet with built-in cabinetry. Glass walls lead to covered balconies, creating a seamless transition between indoor and outdoor spaces. One of the two additional bedrooms features built-in bunk beds, ideal for families or guests.
An attached three-car garage adds to the home’s appeal, making it a desirable option for those seeking luxury in a premium location.
Ownership and Historical Context
According to property records, the house is owned by a limited liability company formed in Minnesota and linked to the late Robert J. Lothenbach, a notable commercial printing entrepreneur and thoroughbred horse owner and breeder. Lothenbach Prop IV LLC acquired the property in September 2015 for $15.8 million. Lothenbach passed away in November 2023 at the age of 64.
The listing is held by Tim Smith of Coldwell Banker Realty, who specializes in luxury real estate. This property not only represents a unique opportunity to own a piece of oceanfront paradise but also carries a rich history tied to a prominent figure in the business world.
