1337 Gaviota Dr, Laguna Beach, CA 92651
Local realty services provided by:CENTURY 21 Discovery
1337 Gaviota Dr,Laguna Beach, CA 92651
$10,000,000
- - Beds
- - Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by: nick brown, russell walsh
Office: kase real estate949-200-9818
MLS#:OC25247805
Source:CRMLS
Price summary
- Price:$10,000,000
- Price per sq. ft.:$2,222.22
About this home
“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 / studio / 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!...
Contact an agent
Home facts
- Year built:1972
- Listing ID #:OC25247805
- Added:235 day(s) ago
- Updated:June 16, 2026 at 10:39 AM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Built In Range, Convection Oven, Dishwasher, Disposal, Freezer, Gas Range, Range Hood, Refrigerator
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1972
- Building area:4,500 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Near Public Transit, Street Level, Walkstreet
- Architectural Style:Custom
- Construction Materials:Concrete, Drywall
- Exterior Features:Awnings, Lighting
- Foundation Description:Combination, Slab, Stone
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$10,000,000
- Price per sq. ft.:$2,222.22
Features and amenities
- Appliances:Built In Range, Convection Oven, Dishwasher, Disposal, Freezer
- Laundry features:Inside
- Amenities:Balcony, Carbon Monoxide (CO2) Detector, Koi Pond, Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Skylights
- Pool features:In Ground, Private
Parking
- Total parking spaces:7
- Parking description:1 Carport Space(s), Attached Carport, Concrete, Driveway Level, Electric Vehicle Charging Stations, Garage, Garage Door Opener, On Site, Private, Side By Side
- Garage:Yes
- Garage spaces:4
- Carport spaces:1
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