2840 Zell Drive
Laguna Beach, CA 92651
Listing broker / agent: Berkshire Hathaway HomeServices California Properties · Jennifer Halbert · 949-899-2113 · CRMLS
MLS # LG26214522 · Last checked Oct 22, 2026 08:09 UTC
About this property
An extraordinary opportunity to create a landmark coastal residence in one of Laguna Beach's most coveted neighborhoods. Situated on a rare 5,033-square-foot parcel in Top of the World, Butterfly Residence pairs breathtaking ocean views with Design Review Board-approved plans for an approximately 4,400-square-foot architectural masterpiece. Recognized with a 2026–2027 Americas Property Award for Architecture, Butterfly Residence is the culmination of more than four years of collaboration between internationally recognized developer Hakan Buvan and acclaimed Laguna Beach architect David M. Parker. The award-winning design reflects an exceptional level of architectural vision, thoughtfully conceived to embrace the natural beauty of its coastal setting. Expansive walls of glass, retractable doors, and multiple terraces create an effortless connection between interior and exterior spaces, while a dramatic two-story atrium fills the residence with natural light. A thoughtfully designed reverse floor plan elevates the main living areas to showcase sweeping ocean vistas, transforming the ever-changing colors of the Pacific and sky into a spectacular backdrop for everyday living. An elevator provides convenient access between levels. The proposed residence offers five bedrooms, five full bathrooms, two powder rooms, and a dedicated office, including a beautifully integrated two-bedroom accessory dwelling unit with its own kitchen, living room, and two bathrooms. Within the main residence, an expansive primary suite with a spa-inspired bathroom and two additional bedrooms are privately positioned on the entry level. With the opportunity to select many of the interior materials, finishes, and colors, the future owner can personalize this exceptional architectural vision to reflect their own aesthetic. Located on a peaceful street with minimal through traffic, the property enjoys close proximity to Top of the World Elementary School, scenic hiking trails, and the celebrated beaches, restaurants, galleries, and boutiques of Laguna Beach. An exceptionally rare offering, Butterfly Residence combines an award-winning architectural concept, approved plans, and a coveted ocean-view setting—an extraordinary foundation for a one-of-a-kind coastal home. The property is offered for sale with Design Review Board-approved plans and permitting anticipated. Buyers may pursue the proposed architectural vision or explore an alternative design, subject to applicable approvals.
Property details
- MLS number
- LG26214522
- Status
- Coming Soon
- Type
- Land
- Lot size
- 0.1155 acres
- County
- Orange
More property detailsCollapse
Listing
- Days on market
- 0
Exterior & parking
- Lot features
- Zero To One Unit Acre, Front Yard
- Lot size source
- Assessor
- Fencing
- None
- Property outlook
- Catalina, City Lights, Coastline, Neighborhood, Ocean, Water
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Community features
- Biking, Curbs, Park
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Top of the World Elementary Laguna Beach Unified · Laguna Beach | K–5 | 0.2 mi |
| Thurston Middle Laguna Beach Unified · Laguna Beach | 6–8 | 0.6 mi |
| Laguna Beach High (school website, opens in a new tab) Laguna Beach Unified · Laguna Beach | 9–12 | 1.2 mi |
| Canyon Vista Elementary (school website, opens in a new tab) Capistrano Unified · Aliso Viejo | K–5 | 1.6 mi |
| Orange County Academy of Sciences and Arts III (school website, opens in a new tab) Orange County Department of Education · Aliso Viejo | K–12 | 2.1 mi |
| Wood Canyon Elementary (school website, opens in a new tab) Capistrano Unified · Aliso Viejo | K–5 | 2.1 mi |
| Moulton Elementary (school website, opens in a new tab) Capistrano Unified · Laguna Niguel | K–5 | 2.2 mi |
| Aliso Niguel High (school website, opens in a new tab) Capistrano Unified · Aliso Viejo | 9–12 | 2.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,595,000
- MLS-reported original asking price
- $2,595,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 3, 2026 23:57 | $2,595,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Laguna Beach
Active residential homes for sale in Laguna Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
15 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 09:33 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.