
Laguna Beach, California 92651
Analysis of 478 Saint Anns, Laguna Beach, California 92651 is currently available with a list price of $2,195,000. 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.
Tucked into the heart of Laguna Beach’s iconic Village, 478 St. Ann’s Drive captures everything people love about coastal living—charm, walkability, and that effortless beachside feel. This beautifully remodeled cottage is the kind of place that immediately feels like home, offering a rare opportunity to own a true slice of Laguna’s lifestyle at an approachable price point. The 1-bedroom, 1-bath residence blends timeless character with thoughtful modern updates, featuring a fully renovated kitchen and bathroom, plus two versatile bonus office spaces—ideal for working remotely or creating a quiet retreat. Every detail has been curated to maximize comfort while preserving the home’s inviting, coastal charm. Outside, the property transforms into a private oasis. Lush, reimagined landscaping and an expansive rear deck create the perfect setting for relaxing afternoons, entertaining friends, or enjoying the ocean air after a day at the beach. Just moments from Laguna’s renowned beaches, restaurants, boutiques, and galleries, the location is truly unbeatable. Whether you’re searching for a full-time residence, a weekend escape, or a property with proven rental appeal, this home checks every box with its strong history as an income-producing coastal retreat. For those looking to think long-term, the property also offers additional upside. Situated on a 4,800-square-foot R-2 lot, it presents a rare opportunity for future expansion or redevelopment—whether that means building a custom home, creating a duplex, or enhancing what already exists. A charming beach cottage today, with exciting potential for tomorrow—properties like this rarely come along in Laguna Beach.
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 | 6% |
| Square foot | 516 | 2,107 | 2% |
| Lot Size | 4,800 | 6,000 | 32% |
| Price | $2.19M | $3.04M | 17% |
| Price per sq ft | $4.3K | $1.6K | 95% |
| Built year | 1925 | 1964 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 180 | 14% |
Feb 17, 2026
$2,195,000
Initial Listing
Sep 7, 2023
$1,425,000
Public Record