478 Saint Anns, Laguna Beach, California 92651, Laguna Beach, 92651 - 1 bed, 1 bath
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Laguna Beach, California 92651
Analysis of 478 Saint Anns, Laguna Beach, California 92651 is currently available with a list price of $2,095,000. 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.
Although originally built in 1925, this cottage has undergone an extensive recent renovation that brings it to current modern standards. The kitchen is fully updated with new shaker cabinetry, stone countertops, and stainless steel appliances. The bathroom features high-end contemporary finishes, including floor-to-ceiling marble-patterned tile and modern black fixtures. With updated flooring, recessed lighting, and a well-maintained exterior deck, the property shows no signs of deferred maintenance and is in like-new condition.
Situated in the heart of Laguna Beach’s iconic Village, the property offers exceptional walkability to world-class beaches, renowned restaurants, and local boutiques.
The 4,800-square-foot R-2 zoned lot provides a rare opportunity for future expansion, redevelopment into a duplex, or the construction of a larger custom residence.
This 1925 cottage has been thoughtfully remodeled with a modern kitchen and bathroom, blending historic character with contemporary comfort and proven rental appeal.
With only 516 square feet of interior living area, the home’s small footprint may be restrictive for buyers seeking a more spacious primary residence.
At a list price of $2,195,000, the property commands an exceptionally high price per square foot, which may challenge value perceptions for non-development-focused buyers.
Located in the heart of Laguna Beach’s iconic Village, 478 St. Ann’s Drive presents a rare opportunity to own a substantial 4,800-square-foot R-2 lot in one of Central Laguna’s most sought-after locations. Just steps from the sand, dining, boutiques, and galleries, it offers unmatched walkability and true coastal living. The thoughtfully remodeled 1-bedroom, 1-bath home blends classic beach cottage charm with modern comfort. Updated kitchen and bath, plus two flexible bonus spaces, create a stylish retreat, while a private deck and lush landscaping complete the setting. The property also offers a proven mid-term rental history, generating strong income in Laguna’s high-demand market. What truly sets this offering apart is the size of the parcel and its prime central location. Large Village lots are increasingly scarce, making this 4,800-square-foot homesite one of the few remaining opportunities to expand, build a custom residence, explore duplex potential, or enhance the existing home in a premier walk-to-everything setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 516 | 2,118.5 | 2% |
| Lot Size | 4,800 | 6,125 | 31% |
| Price | $2.10M | $3.20M | 12% |
| Price per sq ft | $4.1K | $1.5K | 96% |
| Built year | 1925 | 1964 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 110 | 170 | 33% |
May 1, 2026
$2,095,000
$2,195,000
-5% Price Drop
Initial Listing
Feb 17, 2026
$2,195,000
Initial Listing
Sep 7, 2023
$1,425,000
Public Record