389 Park, Laguna Beach, CA 92651 - Photo 1 of 20, Laguna Beach, CA
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$2,895,000$2,600,000Reduced $295,000

389 Park, Laguna Beach, CA 92651

Pacific Sotheby’s International Realty
MLS® LG26046547
3Beds
2Baths
0
148Days Listed

About This Property

TWO DETACHED, fully updated BEACH COTTAGES on one lot -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from Forest Avenue, the Promenade, the Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Adding to the upside, the owner has already submitted COMPLETE PLANS to the city for a THIRD COTTAGE, a 533-square-foot Auxiliary Dwelling Unit (ADU) with photo and video renderings as well as detailed building plans available. Both existing cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history, originating as Olympic Cottages relocated after the 1930s Los Angeles Olympics. While not yet officially designated as historic, there are potential historic designations and possible Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.

Spencer WallPacific Sotheby’s International Realty949-375-7768MLS® LG26046547

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
2
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
148
Cumulative Days on Market
128
Original Price
$2,895,000
MLS® Number
LG26046547

Location & Neighborhood

What's nearby 389 Park, Laguna Beach, CA 92651

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

POI data updated 7/19/2026

Price History

$2,680,000

May 11, 2026

$15,000

-0.6%

$2,695,000

Apr 4, 2026

$200,000

-6.9%

Original List Price

$2,895,000

Laguna Beach Market Snapshot

462

Active Listings

$42K

Median Price

117

Avg Days on Market

Last updated: Jul 8, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$2,600,000