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$17,000,000

  • For Sale
  • Active
  • Multi-Family
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"Where Vision Meets the View" | Laguna Beach Oceanfront Investment Compound (Ideal for 1031 Exchange | Multi-Family | Development Opportunity) Some assets redefine what's possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna's legendary HIP District. Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world. The Property -- Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit Private Pool Terrace + 4-Car Garage Multiple Addresses + Gated Compound Layout Investment Highlights -- Four existing income producing residences with diverse use potential Bonus space with 5th unit potential adds immediate value add opportunity 1031 exchange ready with strong (income to land) value ratio Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use Prime location: Steps to Surf & Sand Resort, art galleries, cafés, and the cultural heart of Laguna Village Whether held as a cash flowing investment, repositioned as a boutique oceanfront portfolio, or reimagined as a trophy redevelopment, this property is a once in a generation acquisition for those who understand that true oceanfront land is the rarest asset of all Where vision meets the view and opportunity meets the ocean!

Full Property Details for 1337 Gaviota Dr

General

  • Price: $17,000,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC25247805
  • Updated: 12/14/2025
  • Days on Market: 83 days
  • Added to Site: 83 day(s) ago

Interior

  • Rooms/Areas: Entry, Exercise Room, Game Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom, Office
  • Interior Features: Balcony, Built-in Features, Furnished, Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Fireplace(s): Living Room, Primary Bedroom, Gas
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Range Hood, Refrigerator
  • Flooring: Tile

Rooms

Other Rooms

  • Laundry: Individual Room, Inside

Additional Information

  • Pool Description: Private, In-Ground

Exterior

  • Exterior Features: Awning(s), Lighting

Parking

  • Garage Spaces: 4
  • Parking Features: Attached Carport, Concrete, Driveway Level, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Golf Cart Garage, On-Site, Private, Side-by-Side
  • Parking: Attached Carport, Concrete, Driveway Level, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Golf Cart Garage, On-Site, Private, Side-by-Side

Location

  • Area: LV - Laguna Village
  • County: Orange
  • Development Name: LV - Laguna Village
  • Driving Directions: PCH to Mountain, right on Gaviota

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Electric Meters: 5

Structural Information

  • Architectural Style: Custom-Built
  • Foundation: Combination, Slab, Stone
  • Roof: Flat
  • Windows: Skylight(s), Tinted Windows
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,500
  • Year Built: 1972

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 4
  • Bedrooms: 4

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Property View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,454
  • Lot Size Source: Assessor
  • Lot Description: Bluff, Level with Street, Lot 10000-19999 Sqft, Near Public Transit, Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $3,777.78
  • Price Per Unit: 4250000

Listed by Kase Real Estate, Nick Brown

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Listing agent

— 1337 Gaviota Dr —

  • Nick Brown

    Kase Real Estate

949.310.6425

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1337 Gaviota Dr

School District:Laguna Beach Unified School District
NameGradesDistance
Top Of The World Elementary School
21601 Treetop Lane, Laguna Beach, CA 92651
K-51.7 mi
Thurston Middle School
2100 Park Avenue, Laguna Beach, CA 92651
6-81.4 mi
Laguna Beach High School
625 Park Avenue, Laguna Beach, CA 92651
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1337 Gaviota Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/26/2025
Listed
$17,000,000
844.44%
MLS
7/03/1992
Sold
$1,800,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1337 Gaviota Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$46,050
2%
$4,284,186
2%
2024
$45,051
1%
$4,200,183
2%
2023
$44,619
2%
$4,117,827
2%
2022
$43,644
2%
$4,037,086
2%
2021
$42,674
1%
$3,957,928
1%
2020
$42,077
2%
$3,917,345
2%
2019
$41,296
2%
$3,840,535
2%
2018
$40,457
2%
$3,765,231
2%
2017
$39,617
2%
$3,691,403
2%
2016
$38,826
2%
$3,619,023
2%
2015
$38,201
2%
$3,564,662
2%
2014
$37,446
—
$3,494,836
—
2013
$37,274
—
$3,479,042
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kase Real Estate, Nick Brown

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1337 Gaviota Dr, Laguna Beach, CA 92651 (MLS# OC25247805) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1337 Gaviota Dr is currently listed for $17,000,000 and was received on October 26, 2025. Want to learn more about 1337 Gaviota Dr? Do you have questions about finding other Multi-Family real estate for sale in Laguna Village? You can browse all Laguna Village real estate or contact a Coldwell Banker agent to request more information.

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