
Laguna Beach, California 92651
This Newly Reconstructed Coastal Cottage and ADU is listed at $3,950,000, offering a stable and fair entry point aligned with its $3,982,958 Fair Market Value. Boasting a Mint Condition Rating, the residence features elite craftsmanship including Sub-Zero and Wolf appliances, marble counters, and custom cabinetry. The versatile, fully-equipped ADU and multiple decks with panoramic Ocean Views enhance the coastal lifestyle. Situated in the prestigious Laguna Beach Unified School District, this turnkey sanctuary is an ideal match for luxury lifestyle buyers or Owner-Occupants seeking a sophisticated, move-in-ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2851 Terry Road Subject | $3,950,000* List Price | 3 | 4 | 1,897 | $2,181 | - |
A 358 Flora Sold | $3,200,000 | 4 | 2 | 1,603 | $1,996 | 0.8 mi |
B 2621 Victoria Drive Active | $4,395,000 List Price | 3 | 3 | 1,740 | $2,526 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1938, the property is described as 'newly built' and shows as a complete high-end reconstruction. The kitchen is in mint condition with luxury appliances (Wolf, Sub-Zero, Miele), marble/soapstone counters, and custom cabinetry. The systems and finishes, including solid oak flooring and en-suite baths, are brand new, requiring no maintenance.
The property features exceptional quality with luxury appliances (Sub-Zero, Wolf, Miele), marble and soapstone counters, and custom cabinetry, blending historic charm with modern efficiency.
The inclusion of a separate, fully-equipped one-bedroom ADU provides significant flexibility for guest accommodations, a private home office, or potential rental income.
Located in the desirable Laguna Village, the home offers stunning ocean views, sea breezes, and multiple decks designed for seamless indoor-outdoor living.
The 2,550 square foot lot is quite compact, which limits private yard space and may feel restrictive for buyers seeking more outdoor acreage.
Listed at $3.95M for 1,897 square feet, the property commands a significant premium that may challenge buyers focused on square footage value.
This newly built coastal cottage and ADU blends early American architectural charm with the comfort and efficiency of modern construction, offering a versatile retreat suited for full-time living, a second home, or a design-driven getaway. Brick and wood siding create a timeless exterior, while interiors feature exposed beams, marble and soapstone counters, custom cabinetry, extensive built-ins, and solid oak flooring. High-quality craftsmanship and ocean views define the home throughout. The main two-bedroom cottage centers around the original wood-burning fireplace. Both bedrooms include en-suite bathrooms, and the kitchen and living room are oriented toward the water to capture natural light and sea breezes. The English-inspired kitchen pairs classic detailing with modern amenities and luxury appliances — including Sub-Zero, Wolf, Miele, and Thermador — and opens toward the coastline for effortless indoor-outdoor living. Upstairs, intimate bedrooms with sloped ceilings overlook the shoreline, offering peaceful vantage points for sunrise and quiet evenings by the sea. A separate one-bedroom ADU adds flexibility — ideal for guests, extended family, long-term stays, or a private studio or workspace — and is equipped with its own suite of luxury appliances and a charming coastal outlook. Multiple decks perched above the coast and brick walkways complete the property, creating inviting spaces for entertaining or simply enjoying the ocean views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 1,897 | 2,117 | 35% |
| Lot Size | 2,550 | 6,125 | 9% |
| Price | $3.95M | $3.20M | 63% |
| Price per sq ft | $2.1K | $1.6K | 82% |
| Built year | 1938 | 1963 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 172 | 3% |
May 2, 2026
$3,950,000
Initial Listing
Sep 24, 2003
$652,500
Public Record
Jun 12, 2003
$600,000
Public Record