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Kat Smith

kat.smith@pinpointproperties.com +1(949) 209-9004

$2,600,000

Est. payment - /mo

3,624 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision The Village (Vil)

MLS Listing ID LG26046547

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 3,624 Sqft

Property Sub-Type Duplex

Property Description

TWO DETACHED, fully updated BEACH COTTAGES on one lot -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from Forest Avenue, the Promenade, the Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Adding to the upside, the owner has already submitted COMPLETE PLANS to the city for a THIRD COTTAGE, a 533-square-foot Auxiliary Dwelling Unit (ADU) with photo and video renderings as well as detailed building plans available. Both existing cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history, originating as Olympic Cottages relocated after the 1930s Los Angeles Olympics. While not yet officially designated as historic, there are potential historic designations and possible Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.

Location

State CA

County Orange

Area Lv - Laguna Village

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Range, Tankless Water Heater, Water Heater

Laundry Common Area, Outside

Exterior

Exterior Feature Lighting

Parking Features None

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Roof Type Asphalt

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Craftsman, Traditional

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 64401102

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Lease Land No

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Listed by Spencer Wall Pacific Sotheby’s International Realty 949-375-7768, DRE #01840729

NEARBY SCHOOL & BUSINESS

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Kat Smith

+1(949) 209-9004

Broker | DRE#01915697

Broker DRE#01915697

389 Park Laguna Beach, CA 92651

Kat Smith

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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389 Park