1285 Cortez Avenue, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$4,400,000
1285 Cortez Avenue, Laguna Beach, California 92651
2Beds
2Baths
1,088Sqft
749,101,312Lot
Year Built
1960
Close
-
List price
$4.4M
Original List price
$4.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25193627
Home ConditionExcellent
Features
Excellent View: Canyon, Ocean
Deck
Patio
ViewCanyon, Ocean

About this home

A unique bulk sale of three separate parcels in Laguna Beach—1285 Cortez Ave, 829 Miramar St, and 855 Miramar St. All three sites are confirmed buildable per municipal code and county records, making this an exceptional opportunity for investors, builders, or visionaries. The Cortez parcel currently features a charming single-story 2 bedroom, 2 bathroom home with sweeping ocean and canyon views. Enjoy a tranquil garden setting complete with a dwarf avocado tree and fruit cocktail tree, offering a peaceful retreat. Nestled on a quiet street with no streetlights, evenings here are serene and uninterrupted. Whether you envision developing multiple custom homes, designing a private coastal compound, or holding the parcels as a long-term investment, the possibilities are endless. This is a rare chance to own three prime properties in one of Laguna Beach’s most desirable neighborhoods.

Nearby schools

9/10
Top Of The World Elementary School
Public,K-51.3mi
9/10
El Morro Elementary School
Public,K-53.6mi
9/10
Thurston Middle School
Public,6-81.5mi
9/10
Laguna Beach High School
Public,9-121.4mi

Price History

Date
Event
Price
08/29/25
Listing
$4,400,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds23
22%
Baths23
34%
Square foot1,0882,000
9%
Lot Size749,101,3125,581
99%
Price$4.4M$3.15M
68%
Price per square foot$4,044$1,571
98%
Built year19601965
37%
HOA
Days on market68194
6%
Condition Rating
Excellent

Despite being built in 1960, the property has undergone extensive and recent interior renovations. The kitchen features modern white shaker cabinets, stainless steel appliances, and contemporary countertops. Both bathrooms are updated with modern vanities, fixtures, and tiling. The flooring throughout is consistent, clean, and modern tile. Light fixtures are updated with recessed and pendant lighting. The overall aesthetic is fresh, clean, and move-in ready, indicating that all key components are virtually new or extensively renovated within the last 5-10 years, meeting current quality standards.
Pros & Cons

Pros

Exceptional Development Opportunity: This unique bulk sale of three separate, confirmed buildable parcels offers unparalleled potential for multi-home development or a private coastal compound in a high-demand area.
Premier Laguna Beach Location: Situated in Arch Beach Heights, one of Laguna Beach's most desirable neighborhoods, ensuring strong market demand and significant appreciation potential.
Panoramic Ocean and Canyon Views: The Cortez parcel, and likely others, boasts sweeping ocean and canyon views, a premium amenity that significantly enhances property value and desirability.
Significant Investment Upside: A rare chance to acquire three prime properties in a highly sought-after coastal market, presenting a compelling long-term investment opportunity for capital growth.
Peaceful and Private Setting: Nestled on a quiet street with no streetlights, the property offers a serene and tranquil environment, enhancing its lifestyle appeal.

Cons

Substantial Capital Requirement: The $4.4 million list price, combined with the implied significant development costs for three parcels, necessitates a substantial financial commitment from potential buyers.
Age and Size of Existing Structure: The 1960-built, 1088 sqft home on the Cortez parcel is likely outdated and undersized for the location's potential, suggesting it's a tear-down or requires extensive renovation, adding to overall project costs.
Development Complexity: While confirmed buildable, developing three separate parcels will involve navigating complex planning, permitting, and construction processes, requiring specialized expertise and considerable time.

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