
Laguna Beach, California 92651
This 1925 Vintage Cottage represents a Strong Value Opportunity, listed at $2,995,000—positioned well below the $2,983,239 Fair Market Value (Note: Market-aligned pricing). Featuring a Condition Rating of 4, the home blends historic charm with modern updates like European oak flooring. Residents enjoy panoramic ocean and Catalina views, expansive decking, and proximity to top-rated Laguna Beach schools. With rare off-street parking for five vehicles, this property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or Long-term Investors prioritizing location.
Stunning 1925 Laguna Beach cottage with panoramic ocean views. 3 bed, 2 bath, prime Village location, top-rated schools, and rare off-street parking for 5 cars.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 769 Manzanita Drive Subject | $2,995,000* List Price | 3 | 2 | 1,461 | $2,042 | - |
A 980 Temple Hills Sold | $3,000,000 | 3 | 3 | 1,700 | $1,765 | 0.4 mi |
B 530 High Drive Sold | $3,037,500 | 2 | 2 | 1,440 | $2,109 | 1.0 mi |
C 541 Oak Street Sold | $3,525,000 | 4 | 3 | 1,900 | $1,855 | 0.5 mi |
D 980 Catalina Sold | $3,275,000 | 4 | 4 | 1,906 | $1,718 | 0.5 mi |
E 380 Thalia Active | $3,195,000 List Price | 3 | 3 | 1,445 | $2,211 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this vintage cottage has received recent cosmetic 'refresh' updates including fresh paint and new engineered oak flooring. However, the kitchen remains dated with older tile countertops and an original O’Keefe & Merritt stove. While well-maintained and move-in ready, the primary systems and core kitchen/bath aesthetics are older than 20 years, requiring modernization to meet current luxury standards.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Laguna Beach High School (9/10).
Ideally situated on a desirable street in the Village of Laguna Beach, the property offers iconic views of Catalina Island, the Pacific Ocean, and whitewater from the main living areas and primary suite.
A rare and highly coveted feature in this high-density neighborhood, the property includes a one-car garage and a large driveway that accommodates four to five additional vehicles.
Given the home's 1925 construction date, buyers may face higher long-term maintenance costs or the need for future upgrades to aging electrical, plumbing, or structural systems.
With only 1,461 square feet of living space at a nearly $3 million price point, the property commands a significant premium that may challenge buyers looking for more interior volume.
Ideally situated on one of the most desirable streets in the Village of Laguna Beach, this enchanting 1925 cottage will capture your heart. Enter in to the light-filled great room featuring a stunning open beam ceiling, ocean and Catalina island views, and original wood-burning brick fireplace. The living room opens to a spacious deck, ideal for outdoor dining or simply enjoying the views. The charming kitchen features a built-in seating area, original O’Keefe & Merritt stove, Bosch dishwasher, and access to the laundry room/pantry. Also on this level are the primary and second bedrooms, a full bath and bonus room. The primary bedroom features an open beam ceiling, views of the ocean, whitewater and Hotel Laguna, and private garden patio. The adjacent bonus room could be used as a media room or home office, and has access to a side patio. The third bedroom and second bath downstairs also have a separate entrance from outside for additional flexibility. Fresh paint and new flooring throughout give the home a bright, updated feel while preserving its vintage character, including engineered European oak flooring in the main living areas and carpet in the secondary bedrooms. Numerous outdoor spaces on the expansive, landscaped lot include a patio in the front garden, a large deck off of the great room, plus two patios in the rear of the property, all inviting you to relax and soak in ocean breezes from this peaceful retreat. A one-car garage and large driveway provide coveted off-street parking for four to five vehicles. 769 Manzanita Drive offers that rare combination of character, views, and location, truly embodying the best of the Laguna Beach lifestyle.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,461 | 2,244.917 |
| Lot Size | 5,000 | 6,150.208 |
| Price | $3.00M | $3.48M |
| Price per sq ft | $2.0K | $1.7K |
| Built year | 1925 | 1973 |
| HOA | $0 | $4.6K |
| Days on market | 5 | 73 |
Sep 4, 2026
$2,995,000
Initial Listing