About this home
A rare Village opportunity: a charming 1925 beach cottage on a substantial 4,800 sq ft R-2 lot in one of Laguna Beach s most walkable central locations. Just moments from the beach, downtown restaurants, galleries, shops, and Laguna s classic coastal lifestyle, 478 St. Ann s Drive offers something increasingly hard to find: usable land, character, income potential, and future flexibility in the heart of town. The updated 1-bedroom, 1-bath cottage is move-in ready and full of vintage Laguna charm, with a refreshed kitchen and bath, two flexible bonus spaces, a private deck, and lush outdoor areas that make the home live larger than its footprint. Enjoy it as a beach retreat, creative escape, mid-term rental, or income-producing hold while planning what comes next. The true value is the parcel. With R-2 zoning, a generous Village lot, and a premier walk-to-everything setting, the property offers multiple paths forward: preserve and enjoy the existing cottage, expand, design a custom Laguna residence, or explore duplex potential. Opportunities with this combination of location, lot size, charm, and flexibility are increasingly scarce in Central Laguna.
🏠 HomeFax
Public-record history for this property.
MLS #LG26034989MR
🔥 Risk & insurability
FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ
🧮 Affordability calculator
Estimate your monthly payment. Adjust the numbers to fit your budget.
Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.

