Asking Price: $2,095,000 | ​​​​​​​

One of the last R-2 zoned lot opportunities in the Village, 478 St. Ann’s Drive offers an exceptional chance to own and redevelop in Laguna Beach’s most premier location—just steps from the beach, renowned restaurants, boutiques, and galleries. Set on a 4,800-square-foot lot in the heart of the Village, the property presents endless possibilities: redevelop the entire site, expand the existing residence, live on the property while building, or preserve its character as an iconic Laguna beach cottage with strong rental appeal. The existing 1-bedroom, 1-bath home has been thoughtfully remodeled with an updated kitchen and bathroom, two flexible office spaces, lush landscaping, and an expansive rear deck that captures the relaxed coastal lifestyle Laguna is known for. Rarely does an opportunity combine this level of potential, location, and charm in one of Laguna Beach’s most sought-after neighborhoods.