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Map
$4,283,088*
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Commercial -
Off Market
787 S Coast
Laguna Beach, CA 92651
Studio
0 Bath
1250 Sqft
$3,825,000 - $4,675,000
Reference Base Price*
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
787/797 S. Coast Hwy (ocean side of Coast), a one-of-a-kind
property, gives you - the smart investor/creator - a way of
showcasing your innovative thinking. One of Laguna Beach's most
sought-after micro-markets - south side of the Village District and
entrance to the Historic and Interesting Places (HIP) District.
This is "the" destination for trendsetters, surf enthusiasts,
artisans, and all who take pride in residing in a sustainable
seaside community. Featuring a charming 101-year-old beach cottage
(non-historical), board and batten construction, exposed wood-gable
ceiling, expansive open space, allowing you to hear the waves
crashing 50 steps from St. Ann's Beach. A charming open plan,
approx. 750 sf upper level with tranquil shaded patio and approx.
500 sf in the newly completed carriage unit and bath (room for a
kitchenette). The expansive garden is communing with nature at its
finest – overlooking the ocean and featuring three different gather
spots, patio hardscape, artisan pavers, lush grassy lawn, and
storage shed. Underlying C1 zoning, extraordinary long-term
investment opportunity, with jewel-home improvements, providing the
luxury of time to dream up the property's next 100-year chapter.
Laguna's HIP District is rapidly transforming into a global
destination, inviting inspired get-aways, and creative retreats,
growing in value due to our work-from-anywhere world. Immediately
across St. Ann's, the landmark Laguna Riviera Hotel, (acquired by
SCP Hotels in October 2021), is undergoing a planned
multi-million-dollar renovation to a contemporary/"Scandi-boho"
design and holistic hospitality offering. This location between
Cleo Street and St. Ann's Drive is historically significant –
famous for its distinctive surf scene and gateway to a string of
renowned surf beaches. Two separate parcels: 787 S. Coast (the
"cottage" APN: 644-023-06) and 797 S. Coast (the "garden" APN:
644-023-07). Each parcel features 2,500 sf of land area (25' by
100'), 5,000 sf combined. Offered for sale together. The existing
cottage pre-dates underlying zoning and is defined by the City as a
"legal nonconforming use." Two car parking (three if you add the
carriage unit), steps to the beach, groceries, farmer's markets,
shopping, restaurants, and more – "walk, bike or skateboard to
everything" fully immersed in an artist community like none other.
Setting the standard for health, sustainability, art, and surf
culture for locals and visitors alike.
The manager has listed the unit size as 1250 square feet.
The manager has listed the unit size as 1250 square feet.
Unit Size
1,250Ft²
Days on Market
-
Land Size
-
Price per sqft
$3,400
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1921
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 31, 2022 | Sold | $2,900,000 | |
Sold | |||
Jan 15, 2022 | Listed | $4,250,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
3
Beds
3.5
Baths
2,253 ft²
$1,773/ft²
$3,995,000
Feb 24, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
787 South Coast Hw
787 South Coast Hw, Laguna Beach, CA 92651
- 1 Unit for Sale
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