389 Park, Laguna Beach

$2,695,000

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3 Beds
2 Baths
.08 Acre
0 Garage

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 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.

Essential Information

MLS® #
LG26046547
Price
$2,695,000
Bedrooms
3
Bathrooms
2.00
Acres
0.08
Year Built
1923
Type
Residential Income
Sub-Type
Duplex
Style
Traditional, Craftsman
Status
Active

Community Information

Address
389 Park
Area
LV - Laguna Village
Subdivision
The Village (VIL)
City
Laguna Beach
County
Orange
Zip Code
92651

Amenities

Parking
None
Garages
None
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Interior

Heating
Central
Cooling
Central Air
Fireplace
Yes
Fireplaces
Living Room
# of Stories
1
Stories
One

Appliances

Dishwasher, Gas Range, Tankless Water Heater, Water Heater

Exterior

Exterior Features
Lighting
Lot Description
ZeroToOneUnitAcre
Roof
Asphalt
Foundation
Slab

Windows

Custom Covering(s), Double Pane Windows

Additional Information

Date Listed
February 10th, 2026
Days on Market
47

Listing Details

Agent
Spencer Wall

Office

Pacific Sotheby’s International Realty

Property History
Price Reduced from $2,895,000 to $2,695,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2026 at 1:30am PDT. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.