Property listed by Compass, Carter Waite 949-241-0032
$1,999,000
Exceptional investment & lifestyle opportunity in the heart of Laguna Beach. This shovel-ready project is a rare chance to build immediate equity in one of California’s most sought-after coastal communities. Approved plans and permits issued to transform a charming single-story cottage into a modern coastal masterpiece. Situated on a desirable… Read More corner lot, the new design features vaulted ceilings throughout with an open-concept great room perfect for entertaining. Four sets of french doors bring in abundant natural light and provide easy access to enjoy the wraparound outdoor space. Both bedrooms are ensuite with dual vanities, and the primary suite offers a floating tub, walk-in closet, and direct patio access. Opportunity for significant equity upside as the after repair value appraised for $3,200,000 in March '25. Rare LBP zoning allows for flexible use as a short term rental and other residential/commerical uses. Prime location just 2 blocks from the beach and the vibrant heart of downtown Laguna. With a 96 walkscore, the property is surrounded by all the top restaurants, galleries, and shops. Whether you're looking to flip, hold as an income property, or create your dream beach home—this is an unparalleled opportunity to build immediate equity and enjoy the best of Laguna Beach. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
2
Partial Baths
1
Square Ft.
1,238
Lot Size
0.06 Acres
Year Built
1936
MLS Number
LG25177679
30 Days Snapshot Of 92651
$4.19M
+16%
(avg) sold price
27
0%
homes sold
144
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1936, Levels: One, Living area: 1238, 1 story, Common walls: NoCommonWalls
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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