1337 Gaviota Dr, Laguna Beach

$17,000,000

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0 Bed
0 Bath
.24 Acre
0 Garage

“Where Vision Meets the View” | Laguna Beach Oceanfront Investment Compound

(Ideal for 1031 Exchange | Multi-Family | Development Opportunity)

Some assets redefine what’s possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna’s legendary HIP District.

Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world.



The Property --

Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls



Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income



Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit



Private Pool Terrace + 4-Car Garage



Multiple Addresses + Gated Compound Layout



Investment Highlights --

Four existing income producing residences with diverse use potential



Bonus space with 5th unit potential adds immediate value add opportunity



1031 exchange ready with strong (income to land) value ratio



Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use



Prime location: Steps to Surf & Sand Resort, art galleries, cafés, and the cultural heart of Laguna Village



Whether held as a cash flowing investment, repositioned as a boutique oceanfront portfolio, or reimagined as a trophy redevelopment, this property is a once in a generation acquisition for those who understand that true oceanfront land is the rarest asset of all

Where vision meets the view and opportunity meets the ocean!

Essential Information

MLS® #
OC25247807
Price
$17,000,000
Bathrooms
0.00
Acres
0.24
Year Built
1972
Type
Commercial Sale
Sub-Type
Multi Family
Status
Active

Community Information

Address
1337 Gaviota Dr
Area
LV - Laguna Village
City
Laguna Beach
County
Orange
Zip Code
92651

Amenities

Parking Spaces
3

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Waterfront

Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway

Interior

Heating
Forced Air
Cooling
Wall/Window Unit(s)
# of Stories
2

Exterior

Exterior
Drywall, Concrete
Roof
Flat
Construction
Drywall, Concrete

Lot Description

Bluff, Near Public Transit, Street Level, Walkstreet

Additional Information

Date Listed
October 24th, 2025
Days on Market
83

Listing Details

Agent
Nick Brown
Office
Kase Real Estate

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of January 17th, 2026 at 2:50pm PST. 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.