217 Wave ST
Laguna Beach, CA, 92651
$1,995,000
1 Beds
1 Baths
1,642 SqFt
0.1 Acres
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MLS #LG26165932 image #0
NORTH LAGUNA BEACH – Located in the highly desirable North Laguna Beach neighborhood, this original and charming single-family residence is situated on an approximately 4,350 square foot lot with valuable street-to-alley access. The property features a private rear yard and a detached oversized garage, offering exceptional potential for future improvements.
This one-bedroom, one-bath home presents a rare opportunity to renovate, expand, or create a custom coastal retreat. Adding to its appeal, plans for an Accessory Dwelling Unit (ADU) are approximately 95% through the City approval process, providing a significant head start for the next owner. In addition, plans for the main residence, thoughtfully designed by Olivos Architects, are currently pending City approval.
Ideally located just moments from Laguna Beach’s renowned beaches, galleries, restaurants, shops, and local amenities, this property offers the perfect blend of homeownership and the coveted coastal lifestyle. Whether you choose to restore the existing home, build upon the approved vision, or complete the architectural plans already in progress, this exceptional property provides an exciting canvas to create your dream home in one of Laguna Beach’s most sought-after neighborhoods.

Property Details

Price:
$1,995,000
MLS #:
LG26165932
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
North Laguna NL
Neighborhood:
nlnorthlaguna
Listed Date:
Jul 30, 2026
Finished Sq Ft:
1,642
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1921
CottageNl – North LagunaNlnorthlagunaNorth Laguna NlLaguna Beach UnifiedEl MorroThurstonLaguna BeachNeighborhood

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Schools

School District:
Laguna Beach Unified
Elementary School:
El Morro
Middle School:
Thurston
High School:
Laguna Beach

Interior

Bathrooms
1 Full Bathroom
Cooling
ELC
Heating
NO
Interior Features
OFP, BC
Laundry Features
DINC, WINC
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
1

Exterior

Architectural Style
COT
Common Walls
NCW
Community Features
PARK, WATE, HIKI, BIKI
Garage Spaces
3
Parking Spots
3
Parking Total
3
Spa Features
NO
View
CA, CI, CO, OC, PA, WA, NE
Waterfront Features
OSF

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Laguna Beach as of Jul 31, 2026
465
Single Family Listed
134
Avg DOM
1,086
Avg $ / SqFt
$3,685,231
Avg List Price

Property Summary

    Located in the North Laguna (NL) subdivision, 217 Wave ST Laguna Beach CA is a Single Family for sale in Laguna Beach, CA, 92651. It is listed for $1,995,000 and features 1 beds, 1 baths, and has approximately 1,642 square feet of living space, and was originally constructed in 1921. The current price per square foot is $1,215. The average price per square foot for Single Family listings in Laguna Beach is $1,086. The average listing price for Single Family in Laguna Beach is $3,685,231.

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