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$3,950,000
LG26057151 MLS ⋅ Active Status
An opportunity to build a dream ocean-view estate on an impressive, oversized parcel in the highly desirable North Laguna Beach location. The potential of this lot has been translated into a vision for a breathtaking contemporary property by an architectural firm helmed by the renowned Anders Lasater. Permits pulled and shovel ready! Grading has already been completed and new owner can begin construction of an approximately 5,200-square-foot three-bedroom residence with a private, separate ADU immediately after assuming ownership. Maximizing the incredible coastline views as far as Dana Point and Catalina Island sunsets, this home would also feature massive outdoor decks, including a covered verandah off the family room, complete with a fireplace. To capitalize on the mild Southern California climate, the rear yard was envisioned with an outdoor shower, a spa, a BBQ area, and a convenient full bathroom accessed from the outside. A three-car garage, 10’ ceilings, and a rare elevator to all three levels complete the list of design features. 990 Hillcrest combines the privacy of an elevated lot with a convenient North Laguna location: minutes away from its beaches and downtown, as well as within easy access to Newport Beach, local freeways, and the airport.

990 Hillcrest Drive, Laguna Beach
$17,500,000
LG26020416 MLS ⋅ Active Status
Opportunity Knocks. Arabella Laguna is a rare trophy property, held under the same ownership since 1976, offering exceptional versatility and irreplaceable income potential. Currently operating as a highly successful short-term rental compound, it may also serve as a private residence with income, multi generational family compound, or long-term rental investment. Located at the north end of Gallery Row, the property is minutes to Heisler Park, the beach, downtown Laguna Beach, shopping, and dining. Comprised of two legal parcels and four buildings, including two historic cottages listed on the City of Laguna Beach Historic Inventory. Buyers may qualify for Mills Act benefits, subject to their own investigation. The Myrtle Cottage is a 3-bedroom, 3-bath historic residence configured as two units: • Upper level: 2 bedrooms, 2 baths, kitchen, sun porch • Lower level: 1 bedroom with caterer’s kitchen and expansive veranda/sunroom, used for special events and owner’s quarters or office The Jacaranda Cottage is a charming single-level 1-bedroom, 1-bath home with large living room, sun porch, full kitchen, and laundry room. Two additional rear buildings (circa 1940) include two studio apartments, three one-bedroom apartments, and an additional sleeping room currently used as storage. The residences surround a lush, private central courtyard. Amenities include eight garages (one converted to laundry/storage) and three laundry areas. Operating continuously as short-term rentals since 2001, the property benefits from a rare, grandfathered, transferable permit that cannot be obtained again. A 14% Transient Occupancy Tax is paid to the City of Laguna Beach on stays under 31 days. Reservations are generated via Airbnb, Expedia, Booking.com, Visit Laguna Beach, and the property’s private website. Seller will only sell both parcels together. Sale subject to a concurrent 1031 exchange

506 N. Coast Hwy., Laguna Beach
$2,795,000
LG25194171 MLS ⋅ Active Status
Welcome to 455 Bonvue Terrace, a blank canvas ready to be created. A rare opportunity to acquire a 4.13-acre parcel in North Laguna, offering beautiful ocean and serene canyon views. Situated at the end of a cul-de-sac on Bonvue Terrace, this buildable lot combines privacy with proximity to Laguna Beach amenities. The property features a natural landscape with mature trees and shrubs that create a private setting. With its generous size, the parcel presents the potential to design and construct a custom single-family residence with space for a pool, expansive outdoor living areas, and an additional accessory dwelling unit. The current owner, alongside a local architect, has created conceptual renderings to illustrate potential design possibilities for a large single-family residence; these renderings are for visualization purposes only and have not been reviewed or approved by the City of Laguna Beach. In addition, the lot offers two distinct access points—an upper entrance from the cul de sac at Bonvue Terrace and a lower entrance from a private street off Hillcrest. This rare dual access not only enhances convenience but also provides the flexibility to design an estate-caliber residence with separate arrival points, offering privacy and distinction rarely found in Laguna Beach. The lot's location provides convenient access to local beaches, shopping, restaurants, galleries, and nearby parks, offering a unique balance of seclusion and connectivity. This is one of the first times this parcel has been available for public purchase, presenting a significant opportunity to establish a custom estate in a highly sought-after location in this coastal town.

455 Bonvue Terrace, Laguna Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.