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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 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.
Property Type(s):
Single Family
| Last Updated | 8/7/2025 | Tract | The Village (VIL) |
|---|---|---|---|
| Year Built | 1936 | Community | LV - Laguna Village |
| County | Orange |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | LV - Laguna Village |
| FIREPLACE | Yes |
| LOT | 2805 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | The Village (VIL) |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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