RealKey
‪(213) 433-7766‬

1285 Cortez Avenue, Laguna Beach, California 92651, Laguna Beach, 92651 - 2 bed, 2 bath

1285 Cortez Avenue, Laguna Beach, California 92651 home-pic-0
ACTIVE$4,350,000
1285 Cortez Avenue, Laguna Beach, California 92651
2Beds
2Baths
1,088Sqft
749,101,312Lot
Year Built
1960
Close
-
List price
$4.35M
Original List price
$4.4M
Price/Sqft
$3,998
HOA
-
Days on market
-
Sold On
-
MLS number
OC25193627
Home ConditionGood
Features
Excellent View: Canyon, Ocean
Deck
Patio
ViewCanyon, Ocean

About this home

We found 3 Cons,7 Pros. Rank: price - $4.35M(69th), sqft - 1088(9th), beds - 2(20th), baths - 2(36th).

A unique bulk sale of three separate parcels in Laguna Beach—1285 Cortez Ave, 829 Miramar St, and 855 Miramar St. All three sites are confirmed buildable per municipal code and county records, making this an exceptional opportunity for investors, builders, or visionaries. The Cortez parcel currently features a charming single-story 2 bedroom, 2 bathroom home with sweeping ocean and canyon views. Enjoy a tranquil garden setting complete with a dwarf avocado tree and fruit cocktail tree, offering a peaceful retreat. Nestled on a quiet street with no streetlights, evenings here are serene and uninterrupted. Whether you envision developing multiple custom homes, designing a private coastal compound, or holding the parcels as a long-term investment, the possibilities are endless. This is a rare chance to own three prime properties in one of Laguna Beach’s most desirable neighborhoods.

Nearby schools

9/10
Top Of The World Elementary School
Public,•K-5•1.3mi
9/10
El Morro Elementary School
Public,•K-5•3.6mi
9/10
Thurston Middle School
Public,•6-8•1.5mi
9/10
Laguna Beach High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
11/18/25
Price Change
$4,350,000-1.1%
08/29/25
Listing
$4,400,000
Condition Rating
Good
The property, built in 1960, features a significantly updated kitchen with modern white shaker cabinets, stainless steel appliances, and contemporary lighting, making it highly functional and aesthetically pleasing. The bathrooms are also updated with modern vanities and fixtures, though one shower's tile style appears slightly older. The main living areas have clean, light-colored tile flooring and recessed lighting. While not a brand-new construction or a full, recent top-to-bottom renovation, the visible areas are well-maintained and move-in ready, aligning with the criteria for a 'Good' condition score. The property's age is noted as a potential weakness in the listing, suggesting that while key areas are updated, other major systems may not have undergone recent extensive renovation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 749101312, living area = 1088.
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Development Opportunity: The unique bulk sale of three separate, confirmed buildable parcels offers exceptional potential for developing multiple custom homes or a private coastal compound.
Prime Location: Situated in Laguna Beach's highly desirable Arch Beach Heights, this property benefits from a prestigious address and strong market demand.
Scenic Views: The Cortez parcel boasts sweeping ocean and canyon views, a premium feature that significantly enhances desirability and value.
Investment Versatility: The property offers diverse investment strategies, from immediate development to long-term holding, catering to various investor profiles.
Tranquil Environment: Enjoy a peaceful and private setting with a tranquil garden, mature fruit trees, and quiet streets free from streetlights.

Cons

Property Age: The existing 1960-built home on the Cortez parcel may require significant renovation or demolition, adding to initial investment costs.
Niche Market Appeal: The bulk sale of three parcels at a high price point targets a specific niche of investors or developers, potentially narrowing the buyer pool.
Existing Home Size: The current 1088 sqft home is relatively small for a prime Laguna Beach property, which might not meet the needs of buyers seeking a larger primary residence without redevelopment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state