495 Saint Anns Drive, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 3 bath
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495 Saint Anns Drive
Laguna Beach, California 92651
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,460Sq Ft
3,999Lot Size
Property Price
LIST PRICE$3,250,000
EST. MARKET VALUE
$3,171,537
SUMMARY
This Hybrid Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $3,250,000—positioned above the $3,171,537 Fair Market Value. While currently priced at a premium, the property offers significant Income & Versatility through its main residence and detached two-bedroom apartment. With a Condition Rating of 2 (final phase of renovation), this asset allows for immediate customization in a Prime Village Location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a walkable coastal lifestyle with supplemental rental income potential.
Estimated Market Value
$3,171,537
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 495 Saint Anns Drive Subject | $3,250,000* List Price | 4 | 3 | 1,460 | $2,172 | - |
A 684 Seaview Sold | $3,800,000 | 4 | 3 | 1,840 | $2,065 | 0.2 mi |
B 980 Catalina Sold | $3,275,000 | 4 | 4 | 1,906 | $1,718 | 0.2 mi |
C 397 Poplar Street Sold | $2,850,000 | 2 | 3 | 1,000 | $2,850 | 0.8 mi |
D 461 Linden Street Active Under Contract | $3,895,000 List Price | 3 | 3 | 1,611 | $2,418 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1929, the property is currently undergoing a full developer renovation and is in the final phase of modern construction. It features brand-new systems, high-end finishes, and updated kitchens/baths, meeting the criteria for a mint-condition home with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Village Location
Situated on one of Laguna Beach's most desirable streets, the property offers exceptional walkability to the beach, local dining, art galleries, and the high school.
- Income & Versatility
The configuration includes a main residence plus a separate 2-bedroom apartment over the garage, providing excellent potential for rental income, multi-generational living, or a private home office.
- Customization Opportunity
Being under construction allows the buyer to work with the developer on final design phases, bypassing the notoriously difficult Laguna Beach permitting and approval process.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Active Construction Status
The property is currently unfinished, requiring the buyer to navigate completion timelines and the inherent uncertainties of an active construction project.
- Compact Living Space
With only 1,460 total square feet divided between two separate units on a 3,999 square foot lot, the living areas and outdoor space are relatively small for the $3.25M price point.
About 495 Saint Anns Drive
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. NOTE: Listing photo is an AI generated rendering.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 3,999 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,460 | 2,244.917 |
| Lot Size | 3,999 | 6,150.208 |
| Price | $3.25M | $3.48M |
| Price per sq ft | $2.2K | $1.7K |
| Built year | 1929 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 64 | 73 |
Pricing History
Listed for Sale
Jul 20, 2026
$3,250,000
$2,850,000
+14% Price Increase
Initial Listing
Price Change
Jul 7, 2026
$2,850,000
Initial Listing
Sold
Aug 19, 2025
$1,800,000
Public Record