Market Datavs. 1 year ago
30-year mortgage6.67%▲ +0.09 pts15-year mortgage5.96%▲ +0.25 pts10-year Treasury4.72%▲ +0.38 ptsMortgage spread1.95 pts▼ -0.29 ptsMedian list price$429k▼ -2.4%List $/sqft$226▼ -2.2%Days on market57▼ -1 daysActive listings1.13M▲ +2.1%New listings424k▼ -2.5%Pending sales470k▲ +1.9%Housing starts1.24M▼ -13.5%Building permits1.44M▲ +3.1%New-home sales628k▼ -5.6%Existing-home sales4.06M▲ +0.7%Months of supply9.3▲ +0.3 moMortgage delinquency1.89%▲ +0.12 pts
as of Aug 2026
Top Sales

Los Angeles, California Metro Area Top 5 Home Sales: Laguna Beach Home Sells for $29 Million

A Laguna Beach house on Montage Way sold for $29 million to lead the Los Angeles metro area's top five home sales for the week ending August 16, 2026.

Los Angeles, California Metro Area Top 5 Home Sales: Laguna Beach Home Sells for $29 Million

A five-bedroom house on Montage Way in Laguna Beach sold for $29 million, the highest-priced home sale publicly reported in the Los Angeles, California metro area for the week ending August 16, 2026.

The week’s five highest reported sales combined for $106.16 million, and they span Laguna Beach, Palos Verdes Estates, Corona Del Mar, Irvine and Newport Beach. Water runs through the group: a compound on a coastal bluff in Palos Verdes Estates, a house with front-row views of Newport Harbor in Corona Del Mar, and a bayfront property with a private dock on Lido Isle. The five houses were built between 1994 and 2016.

No. 1 — $29,000,000 · 11 Montage Way, Laguna Beach, California

Top home sale No. 1 in the Los Angeles, California metro area — 11 Montage Way, Laguna Beach, California, week ending August 16, 2026

11 Montage Way in Laguna Beach sold for $29 million, the highest reported price of the week in the Los Angeles metro area. The house was completed in 2009 in the Montage Ocean Estates community and carries five bedrooms, eight bathrooms and a reported 9,305 square feet. The sale closed on August 10, 2026.

Detailed listing remarks were not available for the property, so this account is limited to the verified transaction and property record. The property last changed hands for $10,500,000 in 2007, before the current house was completed.

Robert Giem and Patricia Burrack of Plus Real Estate were the listing agents on the $29 million sale of 11 Montage Way, the highest-priced home sale reported in the Los Angeles metro area for the week ending August 16, 2026, and the No. 1 transaction in RealtyWire’s weekly Top 5 for the metro. Paul Daftarian of Luxe Real Estate represented the buyer.

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No. 2 — $24,258,063 · 245 Rocky Point Rd, Palos Verdes Estates, California

Top home sale No. 2 in the Los Angeles, California metro area — 245 Rocky Point Rd, Palos Verdes Estates, California, week ending August 16, 2026

The gated compound at 245 Rocky Point Rd in Palos Verdes Estates sold for $24,258,063, the second-highest reported price of the week. Completed in 2016, the seven-bedroom, 11-bathroom house holds a reported 7,022 square feet and sits at the western edge of a coastal bluff on more than 1.15 acres. The transaction closed August 14, 2026.

The site takes in 180-degree views of the California coastline. Listing materials identify Tim Clarke as the interior designer, and the house pairs stone and plaster finishes with fully retractable sliding doors that open the main rooms to the grounds and the coast beyond.

Brittney Austin and Cari Corbalis of Vista Sotheby’s International Realty were the listing agents; the $24,258,063 closing placed them on the listing side of the No. 2 sale in RealtyWire’s Los Angeles Metro Area Top 5 for the week. Brittney Austin of Vista Sotheby’s International Realty represented the buyer.

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No. 3 — $19,000,000 · 1231 Dolphin Ter, Corona Del Mar, California

Top home sale No. 3 in the Los Angeles, California metro area — 1231 Dolphin Ter, Corona Del Mar, California, week ending August 16, 2026

A house with front-row views of Newport Harbor at 1231 Dolphin Ter, in the Irvine Terrace enclave of Corona Del Mar, sold for $19 million. Completed in 2014, it has four en suite bedrooms, five full bathrooms, two half bathrooms and a reported 6,232 square feet over two levels. The sale closed August 10, 2026.

Listing materials identify Carlton Graham as the architect, with Steve Davidson Construction and Tom Waters credited for the build. Walls of floor-to-ceiling glass and disappearing doors frame a panorama taking in Newport Harbor, Balboa Island, the Pacific Ocean and Catalina Island. The main level holds a great room with a fireplace, an adjoining dining room and a kitchen fitted with an island, white oak ceilings and limestone floors and wall accents. The primary suite, also on the main level, opens to a heated deck that runs the width of the house.

The lower level adds a lounge and media room with a full wet bar, a glass-enclosed office and a temperature-controlled wine cellar. Accordion doors lead to a terrace with an infinity-edge pool, an elevated spa and an outdoor kitchen. Fashion Island, Newport Beach Country Club and Newport Harbor Yacht Club are nearby.

Casey Lesher and Mondana Matthews of Christie’s International R.E. Southern California were the listing agents. The transaction closed $5,000 above its final asking price of $18,995,000 and ranked No. 3 in RealtyWire’s Los Angeles Metro Area Top 5 for the week. John Cain of Pacific Sotheby’s Int’l Realty represented the buyer.

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No. 4 — $17,650,000 · 59 Copper Crk, Irvine, California

Top home sale No. 4 in the Los Angeles, California metro area — 59 Copper Crk, Irvine, California, week ending August 16, 2026

59 Copper Crk, in the Shady Canyon community of Irvine, sold for $17,650,000. The house was built in 2006 and carries seven bedrooms, 12 bathrooms and a reported 10,472 square feet. The sale closed August 10, 2026.

Detailed listing remarks were not available for this property either, so the record here rests on the transaction and the home’s own history: it last changed hands for $11,500,000 in 2022.

Jacqueline Thompson of Coldwell Banker Realty was the listing agent on the $17,650,000 transaction, the fourth-highest reported home sale in the Los Angeles metro area for the week ending August 16, 2026.

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No. 5 — $16,250,000 · 704 Via Lido Nord, Newport Beach, California

Top home sale No. 5 in the Los Angeles, California metro area — 704 Via Lido Nord, Newport Beach, California, week ending August 16, 2026

A bayfront house at 704 Via Lido Nord, on the eastern tip of Lido Isle in Newport Beach, sold for $16,250,000. Built in 1994, it has four bedrooms, five bathrooms, a reported 3,174 square feet and 35 feet of frontage on the Nord channel. The sale closed August 11, 2026.

The house looks out over 180-degree views of Newport Harbor, and Fleetwood sliders open the main level to a waterfront patio with a rebuilt deck and seaside seating. A private dock takes two vessels. High ceilings, stonework and hardwood floors run through the interior, which also holds a first-floor bedroom suite and an elevator; the upstairs primary suite has a balcony, a fireplace, a spa-style bath and a walk-in closet, with two more en suite bedrooms on that level. Recent work included a Fleetwood window system, automated shades and upgraded finishes. Lido Marina Village is nearby, and the Lido Isle private beach, clubhouse and park are steps away. The property last changed hands for $15,125,000 in 2024.

Jon Flagg and Alexandra Rose of Pacific Sotheby’s Int’l Realty were the listing agents. Their Lido Isle closing at $16,250,000 completed RealtyWire’s Los Angeles Metro Area Top 5 for the week ending August 16, 2026. Jon Flagg of Pacific Sotheby’s Int’l Realty represented the buyer.

See this property in Google Street View →


RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, August 16, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.

Were you involved in one of these transactions? Contact RealtyWire to verify or correct your professional credit or submit information for a future edition.

See full market data on our Los Angeles, California market page.

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