Active Open Saturday 06/13 4 PM-7 PM

1337 Gaviota Dr

Laguna Beach, CA 92651
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Bed 0

Bed

Bath 0

Bath

SqFt4,500

Sqft

SqFt10,454

Sqft(Lot)

“Where Vision Meets the View” | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi-Family | Development Opportunity) Some assets redefine what’s possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna’s legendary HIP District. Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world. The Property -- Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income Bonus Level: Flexible pool house / stu dio / gym / media retreat with potential to become a 5th legal unit Private Pool Terrace + 4-Car Garage Multiple Addresses + Gated Compound Layout Investment Highlights -- Four existing income producing residences with diverse use potential Bonus space with 5th unit potential adds immediate value add opportunity 1031 exchange ready with strong (income to land) value ratio Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use Prime location: Steps to Surf & Sand Resort, art galleries, cafés, and the cultural heart of Laguna Village Whether held as a cash flowing investment, repositioned as a boutique oceanfront portfolio, or reimagined as a trophy redevelopment, this property is a once in a generation acquisition for those who understand that true oceanfront land is the rarest asset of all Where vision meets the view and opportunity meets the ocean!

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Detail Ic Property Details

Property Type : Residential Income

Price : $10,000,000

AD Id : 68121732

MLS Id : OC25247805

Lot Size : 10,454 Sqft

Living Area Size : 4,500

Year Built : 1972

Garage : 4

County : Orange

Subdivision: Fallbrook

Open House Open House

  • 06/13 4 PM-7 PM
  • 06/14 4 PM-7 PM
  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Flat Exterior Property Features: Awning(s),Lighting Interior Features: Built-in Features,Balcony,Furnished,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Bedroom on Main Level,Primary Suite Windows: Skylight(s),Tinted Windows Property Appliances: Built-In Range,Convection Oven,Dishwasher,Freezer,Disposal,Gas Range,Refrigerator,Range Hood Fireplace: Gas,Living Room,Primary Bedroom Flooring: Tile
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Forced Air Has Heating

    Fireplace

    Fireplace Features: Gas,Living Room,Primary Bedroom Has Fireplace: 1

  • Building Information

    Year Built: 1972 Building Area Total: 4,500 Construction: Drywall,Concrete Roof: Flat
  • Exterior Features

    Awning(s),Lighting

    Foundation

    Combination,Slab,Stone

    Security Features

    Security System,Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
  • Accessibility Features

    See Remarks

    Pool Features

    In Ground,Private

    Laundry Features

    Inside,Laundry Room

    Fencing

    Security,Wrought Iron

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.24
  • Lot Size Source: Assessor Lot Size Square Feet: 10454

  • Listing Price Information

    Original List Price: 10,000,000 Listing Contract Date: 2025-10-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 64421610

  • Garage and Parking

    Garage Description: Attached Carport,Concrete,Driveway Level,Electric Vehicle Charging Station(s),Garage,Golf Cart Garage,Garage Door Opener,On Site,Private,Side By Side

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: See Remarks

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: LV - Laguna Village Directions: PCH to Mountain, right on Gaviota Source Property Type: Residential Income Area: LV - Laguna Village Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 54 Common Walls: No Common Walls Property Condition: Additions/Alterations,Updated/Remodeled,Turnkey Structure Type: Single Family Residence Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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28832 Shady Lane, Laguna Beach, CA, 92651 $3,100,000 3 2 2,031 2,031 SqFt
22315 3rd Avenue, Laguna Beach, CA, 92651 $3,995,000 3 3 2,325 2,325 SqFt
31862 Cypress Lane, Laguna Beach, CA, 92651 $2,145,000 2 2 1,100 1,100 SqFt
111 S La Senda Drive, Laguna Beach, CA, 92651 $29,995,000 4 6 4,061 4,061 SqFt
2870 Zell Drive, Laguna Beach, CA, 92651 $2,998,000 3 2 1,952 1,952 SqFt
31981 Virginia Way, Laguna Beach, CA, 92651 $2,600,000 3 3 1,326 1,326 SqFt
3208 Bern Court, Laguna Beach, CA, 92651 $4,495,000 4 3 2,674 2,674 SqFt
32101 S Coast Hwy, Laguna Beach, CA, 92651 $17,995,000 6 6 4,672 4,672 SqFt
32181 Coast Highway, Laguna Beach, CA, 92651 $50,000,000 5 8 5,815 5,815 SqFt
32015 Point Place, Laguna Beach, CA, 92651 $4,695,000 4 2 2,425 2,425 SqFt

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ByOwner last updated this listing 06/12/2026 @ 23:48

MLS: OC25247805 LISTED BY: Nick Brown, Kase Real Estate 949-200-9818 SOURCE: CRMLS

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