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389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
389 Park
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Listed by Spencer Wall with Pacific Sotheby’s International Realty 949-375-7768
$2,895,000

389 Park

986 Sq.Ft. 3,624 Sq.Ft.

Description

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 COMPLETE PLANS to the city for a third COTTAGE, a 533-square-foot Auxiliary Dwelling Unit (ADU) with photo and video renderings as well as detailed building plans available. Both existing 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.

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Location

389 Park, Laguna Beach, CA 92651

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 389 Park, Laguna Beach, CA 92651. We are reviewing your request and will be in touch shortly!

Laguna Beach

Laguna Beach offers a suburban feel and a fantastic arts and culture scene that has a bohemian chic vibe, and local boutiques.

Property Amenities

Interior
Laundry room Common Area, Outside
Fireplace Living Room
Appliances Dishwasher, Gas Range, Tankless Water Heater, Water Heater
Area & Lot
Total area 986 Sq.Ft.
Lot Area 3,624 Sq.Ft.
Living area 986 Sq.Ft.
MLS® ID LG26046547
Year Built 1923
Architecture Styles Craftsman, Traditional
Type Multi-Family
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Other Exterior Features Lighting
Parking None
Lot Features 0-1 Unit/Acre
Roof Asphalt
Utilities Electricity Connected, Natural Gas Connected, Water Connected
Finance
Sales Price $2,895,000

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