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  • 140 days on site
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This rare offering features 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 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 for review. Both 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. Call Today!

Source: CRMLS, MLS#: LG26030620

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  • Property Type
    Residential
  • Lot
    0.08 acres

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Kevin Doverspike

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 389 Park

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: CRMLS Price Reduction
$2,600,000 -1.0%
6/9/2026Source: CRMLS Price Reduction
$2,600,000 -1.0%
6/1/2026Source: CRMLS Price Reduction
$2,625,000 -0.9%
6/1/2026Source: CRMLS Price Reduction
$2,625,000 -0.9%
5/22/2026Source: CRMLS Price Reduction
$2,650,000 -0.9%
5/22/2026Source: CRMLS Price Reduction
$2,650,000 -0.9%
5/15/2026Source: CRMLS Price Reduction
$2,675,000 -0.2%
5/15/2026Source: CRMLS Price Reduction
$2,675,000 -0.2%
5/6/2026Source: CRMLS Price Reduction
$2,680,000 -0.6%
5/6/2026Source: CRMLS Price Reduction
$2,680,000 -0.6%
3/27/2026Source: CRMLS Price Reduction
$2,695,000 -6.9%
3/27/2026Source: CRMLS Price Reduction
$2,695,000 -6.9%
3/3/2026Source: CRMLS Added to Database
March 03, 2026
2/10/2026Source: CRMLS Added to Database
February 10, 2026
Listing provided courtesy of Pacific Sotheby’s International RealtySpencer Wall- MLS# LG26030620MLS ProviderContact Information: [email protected] - 949-494-3600