
Laguna Beach, California 92651
This property represents a High-Potential Investment Opportunity, listed at a List Price of $2,850,000—positioned well below the $2,715,736 Fair Market Value by -4%. While currently in an Active Construction Status with a Condition Rating of 2, the property offers significant upside through its Dual-Unit Income Potential and Development Customization. Located in a prime, walkable Laguna Beach Village neighborhood, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a high-end coastal residence with supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 495 Saint Anns Drive Subject | $3,250,000* List Price | 4 | 3 | 1,460 | $2,135 | - |
A 508 Seaview Sold | $3,330,000 | 4 | 3 | 1,720 | $1,936 | 0.1 mi |
B 684 Seaview Sold | $3,800,000 | 4 | 3 | 1,840 | $2,065 | 0.2 mi |
C 980 Catalina Sold | $3,275,000 | 4 | 4 | 1,906 | $1,718 | 0.2 mi |
D 358 Flora Sold | $3,200,000 | 4 | 2 | 1,603 | $1,996 | 0.7 mi |
E 397 Poplar Street Sold | $2,850,000 | 2 | 3 | 1,000 | $2,850 | 0.8 mi |
F 461 Linden Street Active | $3,895,000 List Price | 3 | 3 | 1,611 | $2,418 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is currently undergoing a comprehensive high-end renovation and reconstruction. As a 'fully renovated' home with modern construction and brand-new finishes, it meets the criteria for excellent condition (<5 year renovation) with all new systems and mint interior/exterior.
Situated on one of Laguna Beach's most coveted streets, this property offers an unbeatable walkable lifestyle with immediate access to world-class beaches, dining, art galleries, and local schools.
The rare configuration of a main residence plus a separate two-bedroom apartment over the garage provides exceptional versatility for rental income, multi-generational living, or a private guest suite.
Purchasing during construction allows buyers to bypass the difficult Laguna Beach permitting process while still retaining the ability to personalize high-end finishes and design details to their specific taste.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1460, other record living area = 516. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
The property was recently sold within the past year on 2025-08-19. The sold price is $1,800,000.00.
The property is currently unfinished, requiring the buyer to manage the completion process or wait for developer delivery, which may involve typical construction delays and additional decision-making.
Situated on one of Laguna Beach's most desirable streets, this exceptional property offers a rare chance to create your dream coastal home in an unbeatable walkable location. With a beautiful 2 bedroom, 2 bath front residence, plus a 2 bedroom/1 bath apartment over the 2 garage garage behind the main house, the possibilities are endless! This property is currently under construction - this is your chance to work with the developer during the final phase of design! Opportunities like this are extraordinarily rare in Laguna Beach, where approved construction projects in the Village are increasingly difficult to navigate on your own. Perfect for today's lifestyle, the residence includes a beautifully planned main home along with a private two-bedroom apartment above the detached two-car garage, perfect for guests, extended family, a home office, or potential rental income. Bonus - there is a possibility of a 3rd unit in back as an ADU (not guaranteed and will depend on the architect and the city zoning rules at that time). This is the Laguna Beach lifestyle buyers dream about. Start your morning with coffee at your favorite café, walk to the beach for a surf or sunset stroll, enjoy dinner at one of Laguna's renowned restaurants, browse local art galleries and boutiques, or catch Friday night football at Laguna Beach High School - all just a short walk from your front door. St. Anns Drive is one of the Village's most cherished streets, known for its charm, convenience, and timeless appeal. This is one of the last opportunities to personalize a fully renovated home in one of Laguna's most coveted neighborhoods, creating a residence that reflects your own style while enjoying the convenience of modern construction AND a rear unit for potential rental income or just more living space! Whether you're searching for a full-time residence, a weekend escape, or a long-term investment in one of Southern California's most iconic beach communities, this property represents an extraordinary opportunity to secure a premier Village location before it's finished.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,460 | 2,351 |
| Lot Size | 3,999 | 6,231 |
| Price | $3.25M | $3.25M |
| Price per sq ft | $2.2K | $1.7K |
| Built year | 1929 | 1969 |
| HOA | $0 | $3.0K |
| Days on market | 15 | 71 |
Jul 20, 2026
$3,250,000
$2,850,000
+14% Price Increase
Initial Listing
Jul 7, 2026
$2,850,000
Initial Listing
Aug 19, 2025
$1,800,000
Public Record