Multi-view spectral clustering can effectively reveal the intrinsic cluster structure among data by performing clustering on the learned optimal embedding across views. Though demonstrating promising performance in various applications, most of existing methods usually linearly combine a group of pre-specified first-order Laplacian matrices to construct the optimal Laplacian matrix, which may result in limited representation capability and insufficient information exploitation. Also, storing and implementing complex operations on the $n\times n$ Laplacian matrices incurs intensive storage and computation complexity. To address these issues, this paper first proposes a multi-view spectral clustering algorithm that learns a high-order optimal neighborhood Laplacian matrix, and then extends it to the late fusion version for accurate and efficient multi-view clustering. Specifically, our proposed algorithm generates the optimal Laplacian matrix by searching the neighborhood of the linear combination of both the first-order and high-order base Laplacian matrices simultaneously. By this way, the representative capacity of the learned optimal Laplacian matrix is enhanced, which is helpful to better utilize the hidden high-order connection information among data, leading to improved clustering performance. We design an efficient algorithm with proved convergence to solve the resultant optimization problem. Extensive experimental results on nine datasets demonstrate the superiority of our algorithm against state-of-the-art methods, which verifies the effectiveness and advantages of the proposed algorithm.