389 Park Laguna Beach, CA 92651 Open 2/25 10AM-1PM

UPDATED: 02/23/2026 07:37 PM ON MARKET: 15 days on market

$2,895,000

3 Beds2 Baths986 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 986 sqft

Price per Sqft $2,936

Subdivision The Village (Vil)

MLS Listing ID LG26030620

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 3,624 Sqft

Property Sub-Type Single Family Residence

Property Description

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!