2838 Wards Terrace, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$4,495,000
2838 Wards Terrace, Laguna Beach, California 92651
4Beds
3Baths
2,191Sqft
2,250Lot
Year Built
1940
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25196752
Home ConditionFair
Features
Excellent View: Coastline, Ocean, Water
Deck
Patio
ViewCoastline, Ocean, Water

About this home

Moments from the sands of Victoria Beach in South Laguna, this four-bedroom, three-bath property features a main home and a detached cottage, offering exceptional versatility in a coveted coastal setting. Positioned near one of Laguna’s most iconic stretches of shoreline, it combines breathtaking surroundings with the flexibility to accommodate a variety of lifestyles. The top level of the main home showcases expansive windows and a private balcony perfectly positioned to capture sweeping views of the Pacific and Catalina Island. With two bedrooms, one bath, and a fireplace, this light-filled retreat is designed to fully embrace its stunning coastal setting. The lower level includes one bedroom, one bath, and a loft, while the detached cottage offers another bedroom and bath, complete with a private stone patio and deck for a secluded escape. Complete with full kitchens and living areas, the three independent living spaces are thoughtfully designed to accommodate relatives, guests, or rental opportunities, offering privacy and flexibility for a variety of needs. Throughout the spaces, open-beam ceilings add character and warmth, while two single-car garages provide convenience and valuable parking. This unique configuration presents a rare opportunity to reimagine the property as a spacious single-family residence, create a multi-generational retreat, or enjoy the penthouse level as your private coastal haven while generating income from the other two spaces. Just a short distance from the Montage Resort, popular restaurants, and Laguna’s vibrant galleries and boutiques, this home offers the chance to live the iconic Victoria Beach lifestyle—whether as a primary residence, a family getaway, or a unique blend of personal use and investment potential.

Nearby schools

9/10
El Morro Elementary School
Public,K-53.8mi
9/10
Thurston Middle School
Public,6-82.0mi
9/10
Laguna Beach High School
Public,9-121.7mi

Price History

Date
Event
Price
09/03/25
Listing
$4,495,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds43
58%
Baths33
50%
Square foot2,1912,015
55%
Lot Size2,2505,450
6%
Price$4.5M$3.15M
71%
Price per square foot$2,052$1,571
72%
Built year19401965
21%
HOA
Days on market63194
5%
Condition Rating
Fair

Built in 1940, this property shows a mix of updates and dated elements. While the main living areas appear fresh and staged with newer flooring and recessed lighting, the kitchens and bathrooms are inconsistent. One kitchen features dark wood cabinets, granite countertops, and an older white range, suggesting a renovation from 15-25 years ago. Another bathroom has a very dated tiled countertop and backsplash, likely from 25-40 years ago, despite a vessel sink. Some windows also appear old and worn. The detached cottage/loft area seems more recently updated with laminate flooring and a basic kitchenette. Overall, the property is maintained but requires minor updates to bring the kitchens and bathrooms to current quality standards, aligning with the 'Fair' condition criteria for an older home with renovations between 15-30 years ago.
Pros & Cons

Pros

Prime Coastal Location: Situated moments from the sands of Victoria Beach and near Laguna’s iconic shoreline, offering unparalleled access to the beach, Montage Resort, and vibrant local amenities.
Panoramic Ocean Views: The top level of the main home boasts expansive windows and a private balcony with sweeping views of the Pacific Ocean and Catalina Island.
Versatile Living Configuration: Comprising a main home and a detached cottage with three independent living spaces, each with full kitchens, providing flexibility for multi-generational living, guest accommodations, or rental income potential.
Architectural Character: Throughout the property, open-beam ceilings add warmth and unique architectural character, enhancing its coastal charm.
Valuable Parking: The inclusion of two single-car garages offers convenient and valuable off-street parking, a significant advantage in a dense coastal community.

Cons

Age of Property: Built in 1940, the property may feature older infrastructure and systems that could require significant updates or maintenance to meet modern standards.
Small Lot Size: With a lot size of 2250 sqft, outdoor living space is limited, which might be a consideration for buyers seeking more expansive grounds.
Potential for Outdated Interiors: While charming, the description does not highlight recent high-end renovations or modern amenities, suggesting that parts of the interior may require substantial investment to achieve contemporary luxury finishes expected at this price point.

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