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389 ParkLaguna Beach, CA 92651

Single Family · 3 Beds · 2 Full Baths · 986 Sq. ft. | 0.08 Acres
$2,600,000 Active

389 Park Overview

Time on Site:
139 days
Visits:
0

This rare offering features TWO DETACHED, fully updated BEACH COTTAGES on one lot -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from Forest Avenue, the Promenade, the Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Adding to the upside, the owner has already submitted plans to the city for a THIRD COTTAGE, a 533-square-foot Auxiliary Dwelling Unit (ADU) with photo and video renderings as well as detailed building plans available for review. Both cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history, originating as Olympic Cottages relocated after the 1930s Los Angeles Olympics. While not yet officially designated as historic, there are potential historic designations and possible Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach. Call Today!

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389 Park Facts & Features

  • Type Single Family
  • Sq. ft. 986
  • Price/Sq.ft. $2,637
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Laguna Beach Unified
  • Middle Or Junior School: Thurston
  • High School: Laguna Beach

Building Information

  • New Construction: No
  • Year Built: 1923

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: LV - Laguna Village
  • Postal City: LAGUNA BEACH
  • Subdivision Name: The Village (VIL)

Community/Development

  • Community Features: Hiking,Park

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash to New Loan
  • Parcel Number: 64401102
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3

General Information

  • Accessibility Features: No Stairs
  • Appliances: Dishwasher,Dryer,Washer
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Street/Sidewalk
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Foundation Details: Slab
  • Interior Features: Bedroom on Main Level
  • Laundry Features: Outside
  • Levels: One
  • Living Area: 986.0
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Drapes

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 3624.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3624.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Craftsman,Traditional
    • Patio And Porch Features: Rear Porch,Covered,Front Porch,Porch
    • Property Attached: No
    • Roof: Asphalt
    • Structure Type: House

    General Information

    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Natural Gas Connected,Water Connected

    389 Park Neighborhood

    Community

    92651 (LAGUNA BEACH) Demographics

    52
    Median Age
    1,067
    Population Density (per sq. mile)
    75%
    College Educated
    $129,164
    Estimated Median Income
    6,736
    Estimated Total Home Owners
    3,719
    Estimated Total Renters
    64% / 36%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    389 Park Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    389 Park Market Data

    Based on the last 30 days in this zip code

    $6,781,121
    Average List Price
    $2,400
    Average Price per Square Foot
    25
    Properties Sold
    116
    Average Days on Market
    413
    Properties for Sale
    Calculations provided by Reliance Network

    389 Park History

    Date Event Value Agent
    6/9/2026Source: CRMLS Price Reduction
    $2,600,000 -1.0%
    6/9/2026Source: CRMLS Price Reduction
    $2,600,000 -1.0%
    6/1/2026Source: CRMLS Price Reduction
    $2,625,000 -0.9%
    6/1/2026Source: CRMLS Price Reduction
    $2,625,000 -0.9%
    5/22/2026Source: CRMLS Price Reduction
    $2,650,000 -0.9%
    5/22/2026Source: CRMLS Price Reduction
    $2,650,000 -0.9%
    5/15/2026Source: CRMLS Price Reduction
    $2,675,000 -0.2%
    5/15/2026Source: CRMLS Price Reduction
    $2,675,000 -0.2%
    5/6/2026Source: CRMLS Price Reduction
    $2,680,000 -0.6%
    5/6/2026Source: CRMLS Price Reduction
    $2,680,000 -0.6%
    3/27/2026Source: CRMLS Price Reduction
    $2,695,000 -6.9%
    3/27/2026Source: CRMLS Price Reduction
    $2,695,000 -6.9%
    3/3/2026Source: CRMLS Added to Database
    March 03, 2026
    2/10/2026Source: CRMLS Added to Database
    February 10, 2026
    Listing provided courtesy of Pacific Sotheby’s International RealtySpencer Wall- MLS# LG26030620MLS ProviderContact Information: [email protected] - 949-494-3600