2838 Wards Terrace, Laguna Beach

$4,495,000

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4 Beds
3 Baths
2,191 Sqft
.05 Acre
2 Garages

Perfectly positioned just moments from the sands of Victoria Beach in South Laguna, this rare coastal triplex offers exceptional flexibility, ocean views, and compelling income potential in one of Orange County’s most desirable seaside enclaves. Ideal as a lifestyle investment, vacation getaway, or long-term hold with strong upside, the property is uniquely configured with three independent living spaces, each featuring full kitchens and living areas. An increasingly rare opportunity near the beach.



The upper residence enjoys sweeping Pacific Ocean and Catalina Island views through expansive windows, creating a light-filled retreat with two bedrooms, one bath, a cozy fireplace, and a front-row seat to coastal sunsets. Below, a one-bedroom, one-bath residence with a charming loft provides additional versatility, while a detached one-bedroom cottage offers a private escape complete with its own stone patio and sun-drenched deck . Ideal for guests or rental use.



Throughout the property, open-beam ceilings, abundant natural light, wood flooring, and inviting architectural details add warmth and timeless character. Two single-car garages provide valuable off-street parking. An undeniable asset this close to the sand.



Whether enjoyed as a full-time residence with supplemental income, a multi-generational compound, or a pure investment play, the property offers multiple revenue streams and strong ARV potential in a premier coastal setting. Located just minutes from the Montage Resort, Victoria Beach with its iconic Pirate’s Tower, acclaimed restaurants, art galleries, and boutiques of downtown Laguna Beach, this is a rare opportunity to own a versatile, income-producing asset while embracing the quintessential Laguna Beach lifestyle.

Essential Information

MLS® #
NP25196752
Price
$4,495,000
Bedrooms
4
Bathrooms
3.00
Full Baths
3
Square Footage
2,191
Acres
0.05
Year Built
1940
Type
Residential
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
2838 Wards Terrace
Area
LV - Laguna Village
Subdivision
Victoria Beach (VB)
City
Laguna Beach
County
Orange
Zip Code
92651

Amenities

Parking Spaces
2
# of Garages
2
View
Ocean, Water, Coastline
Waterfront
Beach Access
Pool
None

Parking

Garage, Door-Single, Off Street

Garages

Garage, Door-Single, Off Street

Interior

Interior
Tile, Vinyl, Wood
Heating
Fireplace(s), Wall Furnace
Cooling
None
Fireplace
Yes
Fireplaces
Living Room
# of Stories
2
Stories
Two, Multi/Split

Interior Features

Separate/Formal Dining Room, Recessed Lighting, Balcony, Beamed Ceilings, Crown Molding, Dry Bar

Appliances

Dishwasher, Disposal, Gas Range, Freezer, Gas Cooktop, Refrigerator

Exterior

Lot Description
ZeroToOneUnitAcre

School Information

District
Laguna Beach Unified
Elementary
El Morro
Middle
Thurston
High
Laguna Beach

Additional Information

Date Listed
August 7th, 2025
Days on Market
228

Listing Details

Agent
David Espino
Office
Coldwell Banker Realty
Property History
Price Increased from $4,295,000 to $4,495,000
Price Reduced from $4,495,000 to $4,295,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2026 at 1:57am 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.