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478 Saint Anns Dr1 / 30 · Click to zoom

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.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,425,000 · Aug 2023
📋 Assessed value$1,453,500
💵 Annual tax$15,740
🏫 School districtLaguna Beach Unified School District

MLS #LG26034989MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$12,498
Principal & interest$10,088
Property tax$1,829
Home insurance$582
Down payment: $399,000Loan: $1,596,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.