
Laguna Beach, California 92651
This Dual-Dwelling Compound presents a High-Potential Investment Opportunity with a List Price of $3,495,000—positioned well below the $3,502,089 Fair Market Value by 0.2%. Featuring a Condition Rating of 5, the property requires comprehensive rehabilitation to modernize its 1929 vintage infrastructure. Located in the prestigious Woods Cove neighborhood, it offers proximity to Top-Rated Schools (9/10) and ocean views. This versatile asset is ideal for Buy-and-Hold Investors seeking a multi-unit project or Owner-Occupants looking to renovate a historic Laguna beach retreat.
Vintage 6-bed Laguna Beach compound in Woods Cove. Rare dual-dwelling opportunity near top-rated schools and ocean beaches. Perfect for renovation and value-add.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Agate Subject | $2,950,000* List Price | 6 | 3 | 1,882 | $1,861 | - |
A 2160 2160 Ocean Way Sold | $4,235,000 | 4 | 4 | 2,240 | $1,891 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1929, this property is nearly a century old and retains many original, dated features. The kitchen is extremely basic and lacks modern appliances, and the overall condition of the interior and systems suggests a need for a comprehensive rehab rather than minor repairs.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Situated in the highly coveted Woods Cove neighborhood, this property offers exceptional walkability to world-class beaches, local coffee shops, and sunset vistas, epitomizing the quintessential Laguna Beach lifestyle.
The unique configuration of two separate homes on one lot provides incredible flexibility for multi-generational living, a private guest retreat, or a dedicated home office environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
As a structure from 1929, the property may require significant ongoing maintenance or costly upgrades to utility systems and energy efficiency to meet modern standards.
Fitting six bedrooms into 1,882 square feet on a 3,049 square foot lot results in 'cozy' interior dimensions and limited private outdoor yard space, which may feel constrained for the price point.
Welcome to 455 Agate Street, a true vintage Laguna Beach treasure tucked into the heart of beloved Woods Cove. Originally built in 1929, this authentic beach compound is filled with the charm, character, and timeless appeal that make old Laguna so special. The property offers 1,882 square feet of flexible living space across two homes. The rear house features a private primary suite upstairs with an ocean view living room, while downstairs you'll find three cozy bedrooms and a spacious family room perfect for guests, creating the ultimate beach retreat. Hop outside to the upstairs sun-soaked hangout deck, where ocean breezes and sunset skies become part of your routine. The front cottage offers two additional bedrooms and all the warmth and personality of a classic Laguna beach home, complete with its original shingled siding and authentic architectural details. Life here is all about location. Leave the car parked in one of your two off-street parking spaces and you're off to Bluebird Beach for a morning swim or Woods Cove Beach for an afternoon surf with friends. Coffee, beaches, sunsets, and the very best of Laguna are all just moments from your front door. Whether you're looking for a full-time residence, a family compound, or the quintessential Laguna Beach getaway, 455 Agate Street is the kind of property that rarely comes along, a genuine vintage charmer in one of the city's most coveted neighborhoods.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 3.0 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,882 | 2,351 |
| Lot Size | 3,049 | 6,231 |
| Price | $2.95M | $3.25M |
| Price per sq ft | $1.6K | $1.7K |
| Built year | 1929 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 13 | 71 |
Jul 21, 2026
$2,950,000
$3,495,000
-16% Price Drop
Initial Listing
Jul 9, 2026
$3,495,000
Initial Listing
Feb 13, 2001
$595,000
Public Record