$2,675,000

389 Park, Laguna Beach, CA 92651

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,624sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

LOWEST PRICED MULTI-UNIT OFFERING IN LAGUNA BEACH. TWO DETACHED, fully updated BEACH COTTAGES on one lot -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from Forest Avenue, the Promenade, the Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Adding to the upside, the owner has already submitted COMPLETE PLANS to the city for a third COTTAGE, a 533-square-foot Auxiliary Dwelling Unit (ADU) with photo and video renderings as well as detailed building plans available. Both existing cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history, originating as Olympic Cottages relocated after the 1930s Los Angeles Olympics. While not yet officially designated as historic, there are potential historic designations and possible Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.

Listing Status:
Active
Date Added:
February 10, 2026
Data Last Updated:
May 20, 2026 at 11:12PM
Listing Office:
Pacific Sotheby’s International Realty : 949-494-3600
Listing Agent:
Spencer Wall : 949-375-7768
MLS ID:
LG26046547
  • A/C: Central Forced Air
  • Pool: N/K
  • General: 1 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Orange
  • Zoning: Assessor64401102
  • Source: California Regional MLS

This listing courtesy of Spencer Wall , Pacific Sotheby’s International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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