787 S Coast Laguna Beach, CA 92651

787/797 S. Coast Hwy (ocean side of Coast), a one-of-a-kind property, gives you - the smart investor/creator - a way of showcasing your innovative thinking. One of Laguna Beach's most sought-after micro-markets - south side of the Village District and entrance to the Historic and Interesting Places (HIP) District. This is "the" destination for trendsetters, surf enthusiasts, artisans, and all who take pride in residing in a sustainable seaside community. Featuring a charming 101-year-old beach cottage board and batten construction, exposed wood-gable ceiling, open floor plan, allowing you to hear the waves crashing 50 steps from St. Ann's Beach. A charming open plan with tranquil shaded patio and carriage unit and bath (room for a kitchenette). The expansive garden is communing with nature at its finest overlooking the ocean and featuring three different gathering spots, patio hardscape, artisan pavers, lush grassy lawn, and storage shed. Underlying C1 zoning, extraordinary long-term investment opportunity, with jewel-home improvements, providing the luxury of time to dream up the property's next 100-year chapter. Immediately across St. Ann's, the landmark Laguna Riviera Hotel is undergoing a planned multi-million-dollar renovation to a contemporary/"Scandi-boho" design and holistic hospitality offering. This location is famous for its distinctive surf scene and gateway to a string of renowned surf beaches. Two separate parcels: 787 S. Coast (the "cottage" APN: 644-023-06) and 797 S. Coast (the "garden" APN: 644-023-07). Each parcel features 2,500 sf of land area (25' by 1