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506 N. Coast Hwy., Laguna Beach, CA 92651

Laguna Beach
Local realty services provided by:CENTURY 21 Village Realty
506 N. Coast Hwy.,Laguna Beach, CA 92651
$17,500,000
  • - Beds
  • - Baths
  • 5,500 sq. ft.
  • Multi-family
  • Active
Listed by: connie maxsenti
Office: coldwell banker realty
MLS#:LG26020416
Source:CRMLS

Price summary

  • Price:$17,500,000
  • Price per sq. ft.:$3,181.82

About this home

Opportunity Knocks. Arabella Laguna is a rare trophy property, held under the same ownership
 since 1976, offering exceptional versatility and irreplaceable income potential. Currently operating as a
 highly successful short-term rental compound, it may also serve as a private residence with
 income, multi generational family compound, or long-term rental investment.
 Located at the north end of Gallery Row, the property is minutes to Heisler Park, the beach,
 downtown Laguna Beach, shopping, and dining.
 Comprised of two legal parcels and four buildings, including two historic cottages listed on the City
 of Laguna Beach Historic Inventory. Buyers may qualify for Mills Act benefits, subject to their own
 investigation.
 The Myrtle Cottage is a 3-bedroom, 3-bath historic residence configured as two units:
 Upper level: 2 bedrooms, 2 baths, kitchen, sun porch
 Lower level: 1 bedroom with caterer's kitchen and expansive veranda/sunroom, used...

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Home facts

  • Year built:1920
  • Listing ID #:LG26020416
  • Added:60 day(s) ago
  • Updated:April 04, 2026 at 10:31 AM

Rooms and interior

  • Flooring:Stone, Wood
  • Kitchen Description:Barbecue, Convection Oven, Dishwasher, Disposal, Double Oven, Free Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Indoor Grill, Microwave, Pantry, Refrigerator, Vented Exhaust Fan, Water To Refrigerator
  • Living area:5,500 sq. ft.

Heating and cooling

  • Cooling:Dual, Electric, High Efficiency, Wall Window Units
  • Heating:Combination, Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Building area:5,500 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Corner Lot, Front Yard, Garden, Landscaped, Lawn, Trees
  • Architectural Style:Bungalow
  • Construction Materials:Drywall, Flagstone, Stucco, Wood Siding
  • Exterior Features:Lighting
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$17,500,000
  • Price per sq. ft.:$3,181.82

Features and amenities

  • Appliances:Barbecue, Convection Oven, Dishwasher, Disposal, Free Standing Range, Freezer
  • Amenities:Beamed Ceilings, Block Walls, Ceiling Fans, Crown Molding, Gallery Kitchen, Gas Water Heater, Koi Pond, Open Floor Plan, Stone Counters, Storage, Tankless Water Heater, Walk In Pantry, Water Heater

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:8
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