REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

Sold

245 Wave Street sold on March 11, 2025 for $6,555,000. The details are below for reference.

TriplexSold · Mar 11, 2025

245 Wave Street, Laguna Beach, CA 92651

  • 4,000 sq ft
  • Built 2024

Own 245 Wave Street? Request a free home valuation to see what it is worth today.

$6,555,000

MLS# LG24236294

Subdivision North Laguna

North Laguna anchors the northern end of Laguna Beach, where Heisler Park follows the bluffs along Cliff Drive above Crescent Bay, Shaw's Cove, and Diver's Cove.

See homes for sale in North Laguna

The home

About 245 Wave Street

241 - 243- 245 WAVE. LARGE, LUXURY TRIPLEX. FLAWLESS CONTEMPORARY, FULLY REINVISIONED/RENOVATED MASTERPIECE PREMIER NORTH LAGUNA LOCATION, CLOSE TO SHAWS COVER/CRESCENT BAY, BEACHES, PARKS, SHOPS, RESTAURANTS, ETC. 3 LARGE UNITS WITH EXPANSIVE OCEAN VIEWS ON NEARLY DOUBLE LOT, QUIET STREET. ULTIMATE FAMILY COMPOUND OR 3 LUXURY PENTHOUSE-STYLE APARTMENTS ON HUGE LOT WITH MANICURED, IMPECCABLY DESIGNED, FULLY GATED GROUNDS. TWO 3BD/2.5 BA LUXURY UNITS WITH FIREPLACE, ONE 2BD/2.5BATH PENTHOUSE WITH VIEWS. 5 GARAGES PLUS 6 ADD'L OFFSTREET PRIVATE PARKING SPACES. BUILT FOR OWNER'S FAMILY AS A "FOREVER" INVESTMENT, NO EXPENSE WAS SPARED OR DETAIL OVERLOOKED. CUSTOM CABINETRY THROUGHOUT, TAJ MAHAL STONE COUNTERS, CUSTOM BATHS, ALL NEW: ELECTRICAL (INCLUDING NEW UNDERGROUND AND PANEL), PLUMBING (INCLUDING MAIN LINE, PEX), HVAC (INCLUDING CENTRAL AIR IN EACH UNIT), FIRE SPRINKLERS, DECKS, "FLOATING" IRON STAIRWAYS, SMOOTH STUCCO, STONE FIREPLACES, DUCHATEAU WOOD FLOORING, OPEN BEAM CEILINGS, EXPANSIVE "LA CANTINA" WALLS OF GLASS OPEN TO OVERSIZED DECKS, TWO CUSTOM FIREPITS, CUSTOM HARDSCAPE & LANDSCAPE. CODED GATES, 5 GARAGE SPACES FULLY FINISHED INCLUDING EPOXY FLOORING. EV VEHICLE CHARGERS IN EACH GARAGE. TANKLESS WATER HEATERS. EXPANSIVE OCEAN VIEWS. TOTAL PRIVACY AND LARGE LOT WITH BOTH PRIVATE AND COMMUNITY GATHERING SPACES. EACH UNIT COMES WITH IT'S OWN NEW LG WASHTOWER LAUNDRY UNIT. TOO MANY DETAILS TO LIST. INTERIOR FINISHES/TILE/LIGHTING DESIGNED BY TUVALU HOME. EACH UNIT HAS OPEN KITCHEN/GREAT ROOM CONCEPT WITH LARGE CENTRAL ISLAND. EACH UNIT HAS A DESIGNER POWDER ROOM. PRICED BELOW REPLACEMENT COST THE RENOVATION TOUCHED EVERY ELEMENT OF THE STRUCTURE AND PROPERTY AND TOOK 2 YEARS TO COMPLETE. SOFT-WHITE SMOOTH STUCCO WITH BLACK ACCENTS, NEW BLACK STANDING SEAM ROOF. LITERAL PERFECTION AND THE FINEST MULTI-UNIT PROPERTY IN LAGUNA BEACH. ALL UNITS ARE BRAND NEW, NEVER OCCUPIED AND READY FOR A NEW OWNER.

Property details for 245 Wave Street

This triplex sits in the North Laguna neighborhood of Laguna Beach in Orange County. It has 4,000 square feet of living space. The home was built in 2024. The MLS record lists the assessor parcel number as 053-143-23. Highlights include ocean and coastline views, a fireplace, a five-car garage, central air, new construction, and contemporary architecture.

Specifications

Home Details

General Features

Property Type
Triplex
MLS Number
LG24236294
Year Built
2024
Lot Size (sq ft)
7,538
Lot Size (acres)
0.173
Levels
Two
Garage Spaces
5
Parking Spaces
11
View
Catalina, Coastline, Ocean, Panoramic, Water
Parcel Number
05314323
On Market Date
2024-11-18
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Balcony, Cathedral Ceilings, Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Wired For Sound
Appliances
Built In Range, Dishwasher, Gas Cooktop, High Efficiency Water Heater, Range Hood, Tankless Water Heater, Water To Refrigerator, Dryer, Washer
Flooring
Tile, Wood
Heating
Central
Cooling
Central Air
Fireplace
Living Room
Laundry
Inside, See Remarks
Entry Level
1
Common Walls
Two Common Walls Or More
Doors
Sliding Doors

Exterior Features

Architectural Style
Contemporary, Custom, See Remarks
Exterior Features
Rain Gutters
Roof
Metal
Construction
Plaster, Stone, Stucco
Foundation
Slab
Lot Features
Back Yard, Front Yard, Garden, Gentle Sloping, Sprinklers In Front, Level, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Street Level
Parking
Assigned
Fencing
Excellent Condition, New Condition, See Remarks
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Condition
Turnkey
Units
3

Community Features

Subdivision
North Laguna (NL)
Community Features
Hiking, Storm Drains, Sidewalks
Security
Fire Detection System, Fire Sprinkler System, Smoke Detectors, Security Lights

The record

Property History for 245 Wave Street

DateEventPriceNote
Mar 11, 2025 Sold $6,555,000
Feb 13, 2025 Status changed to Active Under Contract From Active
Dec 10, 2024 Price reduced $6,795,000 From $6,950,000
Nov 18, 2024 Status changed to Active From Coming Soon
Nov 18, 2024 Listed for sale $6,950,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 245 Wave Street

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0416K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Very High Fire Hazard Severity Zone, Local Responsibility Area.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Outside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: Frontier, up to 7,000 Mbps, at 23 of 25 residential locations in this census block. Cable: Cox Communications, up to 2,000 Mbps, at 23 of 25. DSL: Frontier, up to 10 Mbps, at 1 of 25.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626563003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.8 miles away (ChargePoint, 2 Level 2 ports). 24 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

245 Wave Street is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

Browse Laguna Beach homes for saleCall (949) 494-8830

Selling near 245 Wave Street

Thinking of selling nearby? We bring current North Laguna sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

Free home valuation

The neighborhood

About North Laguna

North Laguna anchors the northern end of Laguna Beach, where Heisler Park follows the bluffs along Cliff Drive above Crescent Bay, Shaw's Cove, and Diver's Cove. Its Tree Streets, an alphabetical botanical grid beginning at Aster Street, are lined with early-1900s cottages within the Laguna Beach Unified School District.

Nearby listings

Similar Homes for Sale in Laguna Beach

Nearby sales

Recently Sold Near 245 Wave Street

Just listed

Newest Laguna Beach Homes for Sale

  • 1109 Emerald Bay$12,995,000 · 5 bd · 5 ba · 5,488 sq ft · Emerald Bay · Listed Oct 28
  • 820 Acapulco Street$2,550,000 · 3 bd · 3 ba · 2,144 sq ft · Arch Beach Heights · Listed Oct 28
  • 1380 Temple Hills$7,750,000 · 4 bd · 4 ba · 3,692 sq ft · Temple Hills · Listed Oct 26
  • 31867 Circle Drive$3,849,000 · 2 bd · 2 ba · 1,483 sq ft · South Laguna Bluffs · Listed Oct 23
  • 1255 Skyline Drive$7,900,000 · 4 bd · 4 ba · 5,013 sq ft · Mystic Hills · Listed Oct 22
  • 31272 Ceanothus Drive$3,700,000 · 3 bd · 3 ba · 2,390 sq ft · Aliso Laguna · Listed Oct 22
  • 31512 Bluff$10,000,000 · 5 bd · 5 ba · 3,838 sq ft · South Laguna Bluffs · Listed Oct 22
  • 520 Cliff Drive 202$2,199,000 · 2 bd · 2 ba · 1,300 sq ft · North Laguna · Listed Oct 21
Listing alerts

Be first to see new Laguna Beach listings

What criteria are you looking for?

New Laguna Beach homes by email, often before they reach the big portals.

saved

Looking to
Cities (Laguna Beach is locked in)
Laguna Beach ✓

saved

You are all set.

Listed by Mark Christy of Berkshire Hathaway HomeServices California Properties

Listing information updated Mar 11, 2025 at 3:57 PM PT. Source: CRMLS.

Ask Realatrends AI
Call (949) 494-8830