2838 Wards Terrace, Laguna Beach, CA 92651

$4,495,000
4
BD
3
BA
2,191
SqFt

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List Price
$4,495,000
Price Change
▲ $200,000 1776145431
Status
ACTIVE
MLS#
NP25196752
Year Built
1940
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,191
Lot Size
2,250
Acres
0.05
Lot Location
0-1 Unit/Acre
Days on Market
327
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels, Multi Level
Neighborhood
Victoria Beach (Vb)

Property Description

Perfectly positioned just moments from the sands of Victoria Beach in South Laguna, this rare coastal triplex offers exceptional flexibility, ocean views, and compelling income potential in one of Orange County’s most desirable seaside enclaves. Ideal as a lifestyle investment, vacation getaway, or long-term hold with strong upside, the property is uniquely configured with three independent living spaces, each featuring full kitchens and living areas. An increasingly rare opportunity near the beach. The upper residence enjoys sweeping Pacific Ocean and Catalina Island views through expansive windows, creating a light-filled retreat with two bedrooms, one bath, a cozy fireplace, and a front-row seat to coastal sunsets. Below, a one-bedroom, one-bath residence with a charming loft provides additional versatility, while a detached one-bedroom cottage offers a private escape complete with its own stone patio and sun-drenched deck . Ideal for guests or rental use. Throughout the property, open-beam ceilings, abundant natural light, wood flooring, and inviting architectural details add warmth and timeless character. Two single-car garages provide valuable off-street parking. An undeniable asset this close to the sand. Whether enjoyed as a full-time residence with supplemental income, a multi-generational compound, or a pure investment play, the property offers multiple revenue streams and strong ARV potential in a premier coastal setting. Located just minutes from the Montage Resort, Victoria Beach with its iconic Pirate’s Tower, acclaimed restaurants, art galleries, and boutiques of downtown Laguna Beach, this is a rare opportunity to own a versatile, income-producing asset while embracing the quintessential Laguna Beach lifestyle.

Additional Information

Appliances
Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Heat
Fireplace(s), Wall Furnace
Cooling Description
None
View
Coastline, Ocean, Water
Patio
Deck, Patio
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Laguna Beach Unified
Elementary School
El Morro
Middle School
Thurston
High School
Laguna Beach
Interior Features
Beamed Ceilings, Balcony, Crown Molding, Dry Bar, Separate/Formal Dining Room, Recessed Lighting
Attached Structure
Attached
Number Of Units Total
3

Listing courtesy of Listing Agent: David Espino (david@davidespinorealestate.com) from Listing Office: Coldwell Banker Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.