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. Skip the 2 year design review process and start renovations immediately. Plans have been approved and building permits issued to transform a charming single-story cottage into a modern coastal masterpiece. Situated on a desirable 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.
|
DAYS ON MARKET
|
4
|
LAST UPDATED
|
8/7/2025
|
|
TRACT
|
The Village (VIL)
|
YEAR BUILT
|
1936
|
|
COMMUNITY
|
LV - Laguna Village
|
COUNTY
|
Orange
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
LV - Laguna Village |
| FIREPLACE |
Yes |
| HEAT |
Central |
| INTERIOR |
Master Downstairs, Walk-In Closet(s) |
| LOT |
2805 sq ft |
| LOT DESCRIPTION |
Corner Lot, Landscaped |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
The Village (VIL) |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/9/25 2:48 PM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email