Check Availability
$1,899,000
↓ $96K (4.8%)
● House - For Sale

217 Wave Street

Laguna Beach, CA 92651
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,642 Ft²
$9,325
Est. Monthly

About This Property

NORTH LAGUNA BEACH - Located in the highly desirable North Laguna Beach neighborhood, this original and charming single-family residence is situated on an approximately 4,350 square foot lot with valuable street-to-alley access. The property features a private rear yard and a detached oversized garage, offering exceptional potential for future improvements.

This one-bedroom, one-bath home presents a rare opportunity to renovate, expand, or create a custom coastal retreat. Adding to its appeal, plans for an Accessory Dwelling Unit (ADU) are 100% through the City approval process, providing a significant head start for the next owner. In addition, plans for the main residence, thoughtfully designed by Olivos Architects, are currently pending City approval.

Ideally located just moments from Laguna Beach's renowned beaches, galleries, restaurants, shops, and local amenities, this property offers the perfect blend of homeownership and the coveted coastal lifestyle. Whether you choose to restore the existing home, build upon the approved vision, or complete the architectural plans already in progress, this exceptional property provides an exciting canvas to create your dream home in one of Laguna Beach's most sought-after neighborhoods.
Unit Size
1,642 Ft²
Days on Market
95 days
Land Size
0.10 acres
Price per sqft
$1,157
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921

Listed By

Luke Rogers
DOUGLAS ELLIMAN OF CALIFORNIA, INC.

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Last updated: 2 months ago (CRMLS #LG26165932)

Price History

Date / Event Date Event Price
Sep 8, 2026 Price Decreased $1,899,000
↓ $96K (4.8%)
Price Decreased
Jul 30, 2026 Listed by The Agency $1,995,000
Listed by The Agency
Jan 24, 2025 Sold
Sold
Nov 25, 2024 In contract -
In contract
Nov 13, 2024 Relisted $1,895,000
Relisted
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Property Highlights

Garage
Fireplace
With View
Parking Details
Has Garage
Parking Features: Garage, Garage Faces Rear
Garage Spaces: 3
Interior Details
Full Bathrooms: 1
Interior Features: Beamed Ceilings, Open Floorplan, MainLevelPrimary
Appliances: Dryer, Washer
Fireplace Features: None
Exterior Details
Square Footage: 1642
Square Footage Source: $0
Architectural Style: Cottage
Year Built Source: Estimated
Year Built: 1921
Waterfront Features: OceanSideOfFreeway
Levels: One
Pool Features: None
Lot Features: Back Yard, Front Yard, Landscaped, Lawn
Lot Size Area: 4356
Lot Size Units: Square Feet
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Tax Lot: 12
Water Source: Public
Utilities Details
Cooling Type: Electric
Heating Type: None
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 34
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 400
  • Total Building Area: 770
  • Gross Building Area: 770
  • Building Area: 770
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 770
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MC KNIGHTS ADD
  • Land Acres: 0000000103
  • Standard Land Use Code: 1110
  • County Land Use Code: 2
  • Legal Description 1: A TR MC KNIGHTS ADD BLK H LOT 12

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062656

Geography

  • Assessors Map Reference: 34-C1
  • Subdivision Tract Number: 481
  • Parcel: 053-143-13
  • Block: H
  • Lot: 12
  • Latitude: 33.5475
  • Longitude: -117.796

    Address

  • Full Address: 217 Wave St
  • Address - House Number: 217
  • Address - Street Name: Wave
  • Address - Suffix Type: St
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C028
  • 4-Digit Zip Code: 1453
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $759,188
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.4321
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 13
  • Final Value: 690,556
  • High Value: 988,997
  • Low Value: 392,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $624,765
  • Assessed Land Value: $567,980
  • Assessed Improvements Value: $56,785

    Sales

  • Current Sale Contract Date: Feb 09, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 46018
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Laguna


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Frequently Asked Questions

When was property at 217 Wave Street built and last sold?
The property at 217 Wave Street was built in 1921 and last sold on Feb 9, 2023 for $4,400,000.
How much is this home worth?
The estimated value of the home located at 217 Wave Street is $2,024,311.
What are some comparable homes to 217 Wave Street?
There are currently no comparable homes to 217 Wave Street.

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