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ActivePrice Reduced 93 days on market

389 Park

Laguna Beach, CA 92651

$2,680,000

$2,895,000

389 Park
389 Park photo 2
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+21 more
3Beds
2Baths
986Sq Ft
0.08Acres
1923Built

About This Home

Located in the center of downtown Laguna Beach, this rare offering features 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 plans to the city for a third residence, a 533-square-foot Auxiliary Dwelling Unit (ADU) with photo and video renderings as well as detailed building plans available for review. Both 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. Call Today!

Property Details

Property TypeSingleFamilyResidence
Year Built1923
Living Area986 sq ft
Lot Size0.08 acres
Bedrooms3
Bathrooms2 full
Garage Spaces0
Parking Total0
HeatingForcedAir
CoolingCentralAir
PoolNo
MLS #1152802208
Days on Market93 days

Schools

Middle School

Thurston

High School

Laguna Beach

Location

Listed by

Spencer Wall

Pacific Sotheby’s International Realty

MLS# LGWALLSPE

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.