
Laguna Beach, California 92651
Analysis of 2937 Terry Rd, Laguna Beach, California 92651 is currently available with a list price of $2,599,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1927, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a modern kitchen with waterfall quartz countertops, stainless steel appliances, and a farmhouse sink. Bathrooms are updated with contemporary tile and glass enclosures. The presence of modern mini-split HVAC systems and mint-condition finishes throughout indicates the property is in move-in ready, peak condition.
Situated in the prestigious Victoria Highlands, the property offers exceptional proximity to Victoria Beach, the Montage Resort, and the local trolley, ensuring a high-demand lifestyle location.
This beach-cottage duplex provides ocean views from both levels, offering a rare opportunity for rental income, multi-generational living, or an owner-occupant looking to offset their mortgage.
Built in 1927, the residence features unique character elements such as soaring vaulted ceilings and exposed wood beams that provide a distinct aesthetic appeal compared to modern builds.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2614, other record lot size in square feet = 2550.
At a list price of $2,599,000 for just 1,118 square feet, the property commands a significant premium that may exceed the valuation comfort zone for some investors.
The limited total square footage divided across two units results in relatively small living quarters, which may restrict the property's appeal to larger families or those seeking spacious interiors.
Welcome to your dream coastal lifestyle and premier investment opportunity at 2937 Terry Road, an exceptional beach-cottage duplex in the highly coveted Victoria Highlands neighborhood of South Laguna Beach. Perfect for an income-generating property, a multi-generational sanctuary, or an owner-occupant looking to live in one and rent the other, this versatile multi-family residence features a distinct one-unit-up, one-unit-down layout with ocean views from both levels. The upper unit boasts soaring vaulted ceilings and exposed wood beams full of character, while the expansive lower unit offers direct access to a beautifully manicured backyard, complete with a cozy gas fire pit and a dedicated outdoor dining area perfect for al fresco entertaining. Embracing the true essence of Southern California living, this property balances a peaceful neighborhood setting with effortless proximity to Laguna's world-famous amenities. Just a short distance away lies the pristine shoreline of Victoria Beach, home to the iconic pirate tower, easily accessible via a convenient pedestrian tunnel under Coast Highway. Residents will enjoy being moments from the legendary Montage Resort for five-star dining and cliffside sunsets, as well as the newly built Laguna Beach Community & Recreation Center for fitness and local events. Highlighting the unmatched convenience of this location, a nearby stop for the complimentary Laguna Beach trolley makes exploring the vibrant downtown village, upscale boutiques, and renowned art galleries entirely effortless. Discover a spectacular chance to capture the ultimate beach lifestyle and secure a prime piece of real estate in one of the world's most beautiful coastal destinations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,118 | 1,939 |
| Lot Size | 2,614 | 3,916 |
| Price | $2.60M | $3.43M |
| Price per sq ft | $2.3K | $1.6K |
| Built year | 1927 | 1936 |
| HOA | $0 | $0 |
| Days on market | 41 | 100 |
Jun 11, 2026
$2,599,000
Initial Listing
Jun 24, 2019
$995,000
Public Record