“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!
(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!
Property Details
Price:
$17,000,000
MLS #:
OC25247805
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
The Village VIL
Neighborhood:
lvlagunavillage
Listed Date:
Dec 15, 2025
Total Sq Ft:
4,500
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1972
See this Listing
Schools
Interior
Appliances
DW, FZ, GD, RF, GR, BIR, CO, HOD
Cooling
WW
Flooring
TILE
Heating
FA
Laundry Features
IR, IN
Exterior
Architectural Style
CB
Community Features
SDW, SL, CRB, CW, FISH, WATE
Construction Materials
CON, DWAL
Exterior Features
AW, LIT
Parking Spots
7
Roof
FLTR
Security Features
EXL, SS, SD, COD
Financial
Map
Community
- Address1337 Gaviota Dr Laguna Beach CA
- SubdivisionThe Village (VIL)
- CityLaguna Beach
- CountyOrange
- Zip Code92651
Subdivisions in Laguna Beach
- Alta Vista AV
- Arch Beach Heights ABH
- Blue Lagoon BL
- Canyon CYN
- Coast Royal CR
- Crown Point CP
- CUST
- Emerald Bay EB
- Irvine Cove IC
- Laguna Ocean Vista Condos LOV
- Laguna Royale LAR
- Laguna Terrace Mobile PkLT
- Lagunita LA
- Lower Bluebird LB
- Main Beach BCH
- Montage Beach Villas MNBV
- Mystic Hills MH
- North Laguna NL
- Ocean Vista Custom OV
- Portafina PF
- Rancho Laguna RL
- Smithcliffs SMC
- South Laguna Bluffs SLB
- South Laguna Village SLV
- Summit Ridge SR
- Temple Hills TH
- Terraces Laguna Beach TER
- The Village VIL
- Three Arch Bay TAB
- Top Of The World TOW
- Upper Diamond UD
- Upper Victoria Beach UVB
- Victoria Beach VB
- Woods Cove WC
Market Summary
Current real estate data for Single Family in Laguna Beach as of Jan 11, 2026
184
Single Family Listed
45
Avg DOM
841
Avg $ / SqFt
$2,709,022
Avg List Price
Property Summary
- Located in the The Village (VIL) subdivision, 1337 Gaviota Dr Laguna Beach CA is a Single Family for sale in Laguna Beach, CA, 92651. It is listed for $17,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1972. The average price per square foot for Single Family listings in Laguna Beach is $841. The average listing price for Single Family in Laguna Beach is $2,709,022.
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