
Laguna Beach, California 92651
This Coastal Cottage Duplex represents a High-Potential Investment Opportunity, listed at $3,477,000—positioned well below the $4,335,463 Fair Market Value by 19%. This significant valuation gap offers $858,463 in Instant Equity. Featuring a Condition Rating of 3, the property includes a Granite Kitchen and Ocean Views. Its dual-unit configuration provides immense flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a prime Laguna Beach Village location with immediate rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 676 Glenneyre Street Subject 0 bd · 0 ba · 3,300 sqft · $1,314 | $3,477,000* List Price | 0 | 0 | 3,300 | $1,314 | - |
A 1560 Galen Drive Sold 3 bd · 4 ba · 1,983 sqft · $1,336 · 0.7 mi | $2,650,000 | 3 | 4 | 1,983 | $1,336 | 0.7 mi |
B 1560 Galen Drive Sold 0 bd · 0 ba · 1,983 sqft · $1,336 · 0.7 mi | $2,650,000 | 0 | 0 | 1,983 | $1,336 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1948, the property has undergone significant renovations including a kitchen with granite countertops and white cabinetry, updated bathrooms, and wood flooring. It is well-maintained, move-in ready, and shows no signs of the structural neglect typical of its age, placing it in the 5-15 year renovation category.
Situated in the heart of Laguna Beach Village, this property offers exceptional walkability to world-class beaches, art galleries, and upscale dining, maximizing its appeal for both residents and tenants.
The duplex configuration, featuring a 2-bedroom upper unit and a 3-bedroom lower unit, provides significant flexibility for multi-generational living, a primary residence with rental income, or a high-yield investment.
The property boasts stunning views of the Pacific Ocean, the coastline, and Catalina Island, a highly coveted feature in Laguna Beach that significantly bolsters property value and marketability.
Built in 1948, the property may require ongoing maintenance or updates to its aging systems and structural components to meet modern efficiency standards and buyer expectations.
With a lot size of under 5,000 square feet shared between two large units, the outdoor living areas and garden spaces are relatively compact for a property at this premium price point.
GORGEOUS COASTAL COTTAGE DUPLEX WITH OCEAN VIEWS NEAR THE VILLAGE OF LAGUNA BEACH! Experience the timeless charm of a cottage by the sea, featuring two residences filled with coastal character, beautiful wood flooring, inviting living spaces, and picturesque surroundings. The charming upper unit offers 2 bedrooms and 1 full bathroom, capturing the essence of coastal living with abundant natural light and gorgeous ocean views. The bright kitchen features granite countertops, white cabinetry, a breakfast bar, and beautiful views, while the cozy living room showcases a charming brick fireplace and expansive windows framing the coastal scenery. Step outside onto the spacious private deck, perfect for entertaining, relaxing, and enjoying refreshing ocean breezes and picturesque views. The inviting lower unit features 3 bedrooms and 2 full bathrooms, exuding timeless cottage charm with beautiful white-beamed ceilings, warm wood flooring, and an abundance of natural light throughout. The spacious living room features a charming fireplace, custom built-in cabinetry, and French doors opening to the outdoors, creating a seamless indoor-outdoor living experience. Generously sized bedrooms and beautifully appointed bathrooms add to the home's comfort and appeal. A 2 car garage and ample parking adds value! Surrounded by mature landscaping and lush greenery, the inviting patios and garden seating areas provide peaceful settings for relaxation and entertaining. Ideally located near the heart of Laguna Beach Village, enjoy beautiful beaches, art galleries, restaurants, boutiques, and the vibrant coastal lifestyle. Whether seeking a charming seaside residence, an investment opportunity, or the flexibility of two separate living spaces, this exceptional Laguna Beach duplex offers a rare opportunity to experience the beauty and timeless character of coastal cottage living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 3.5 |
| Square foot | 3,300 | 1,840 |
| Lot Size | 4,950 | 5,677.545 |
| Price | $3.48M | $2.85M |
| Price per sq ft | $1.1K | $1.5K |
| Built year | 1948 | 1943 |
| HOA | $0 | $0 |
| Days on market | 13 | 91 |
Oct 12, 2026
$3,477,000
Initial Listing
Aug 14, 1996
$299,000
Public Record