1337 Terrace Way, Laguna Beach, CA 92651
- 4 beds
- 4 baths
- 3,200 sq ft
- 7,375 sq ft lot
- Built 1968
$3,395,000
Subdivision Temple Hills
21 single-family homes sold in the past 12 months · median $3,375,000
The home
About 1337 Terrace Way
Situated on an expansive, private lot perched just above the Village in Lower Temple Hills, this home presents an exceptional opportunity to transform a spacious residence in an incredible setting. Showcasing breathtaking sit-down ocean and canyon views, the home spans approximately 3200 square feet and features four bedrooms plus a lower-level bonus room or potential mother-in-law suite complete with its own entrance, bathroom, kitchenette, and covered patio and deck area with unforgettable views. The expanded kitchen and sunroom area were thoughtfully designed to take full advantage of the spectacular views, while an expansive deck offers the perfect setting for entertaining against the stunning coastal backdrop. Generous square footage, a flexible floor plan, and an exceptional homesite provide the foundation to create something truly special. Ideally located just moments from downtown Laguna Beach and the renowned beaches that make this community so special.
Property details for 1337 Terrace Way
This 4-bedroom, 4-bath single-family home sits in the Temple Hills neighborhood of Laguna Beach in Orange County. It offers 3,200 square feet of living space and is listed at $3,395,000, about $1,061 per square foot. The home was built in 1968. The MLS record lists the assessor parcel number as 644-132-03. Highlights include ocean and canyon views, a fireplace, an attached two-car garage, and a 7,375-square-foot lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $3,395,000
- Days On Site
- 94 Days
- Bedrooms
- 4
- Inside Area (SqFt)
- 3,200 sqft
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Lot Size
- 7,375 SqFt
- Year Built
- 1968
- MLS® Number
- LG26146378
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Estimated
General Features
- Property Type
- Single Family Residence
- MLS Number
- LG26146378
- Year Built
- 1968
- Living Area (sq ft)
- 3,200
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 7,373
- Lot Size (acres)
- 0.1693
- Levels
- Three Or More
- Bedrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 4
- View
- Canyon, Ocean, Water
- Parcel Number
- 64413203
- On Market Date
- 2026-07-06
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Granite Counters, In Law Floorplan, Recessed Lighting, All Bedrooms Up
- Appliances
- Built In Range, Double Oven, Gas Range, Refrigerator
- Heating
- Central
- Cooling
- None
- Fireplace
- Bonus Room, Living Room
- Laundry
- Inside, In Garage
- Main Level Bedrooms
- 4
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Doors
- French Doors, Mirrored Closet Doors, Sliding Doors
- Rooms
- Sunroom, Bathroom, Kitchen, Primary Bedroom, Bonus Room, Bedroom, Living Room, Primary Bathroom
Exterior Features
- Exterior Features
- Lighting, Rain Gutters
- Patio and Porch
- Covered, Deck, Patio
- Parking
- Driveway, Garage
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Fixer
- Units
- 1
Community Features
- Subdivision
- Temple Hills (TH)
- Community Features
- Curbs
The record
Property History for 1337 Terrace Way
| Date | Event | Price | Note |
|---|---|---|---|
| Jul 6, 2026 | Listed for sale | $3,395,000 |
No prior MLS sales on record for this home since 2012.
Cost of ownership
Estimated monthly payment
7.28% · 30-yr fixed$
$26,281/mo
10% down · 30-year fixed · $339,500 down
Principal & interest$20,906
Mortgage insurance (est., over 80% LTV)$1,273
Property tax (est. 1.1%)$3,112
Home insurance (rough est., varies widely)$990
HOANot reported, not included
$22,685/mo
20% down · 30-year fixed · $679,000 down
Principal & interest$18,583
Property tax (est. 1.1%)$3,112
Home insurance (rough est., varies widely)$990
HOANot reported, not included
$20,362/mo
30% down · 30-year fixed · $1,018,500 down
Principal & interest$16,260
Property tax (est. 1.1%)$3,112
Home insurance (rough est., varies widely)$990
HOANot reported, not included
Estimated carrying cost
$4,102/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.1%)$3,112
Home insurance (rough est., varies widely)$990
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Laguna Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 1337 Terrace Way
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Selling near 1337 Terrace Way
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The neighborhood
About Laguna Beach
Laguna Beach is a coastal Orange County city set along a shoreline of coves and bluffs, with beaches including Main Beach, Heisler Park, and Crystal Cove State Park reached from Pacific Coast Highway. Rooted in an early-1900s artists' colony, it hosts the Festival of Arts and Pageant of the Masters within the Laguna Beach Unified School District.
Temple Hills home sales, past 12 months
- Homes sold
- 21
- Median price
- $3,375,000
- Median days on market
- 44
- Median per sq ft
- $1,380
Recorded MLS closings of single-family homes, Oct 1, 2025 to Oct 1, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Temple Hills sales
At $1,061 per square foot, this home's asking price is 23% below the Temple Hills median of $1,380 for single-family homes that closed in the past 12 months.
Recent Temple Hills sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 2365 Hillview Drive | Sep 14, 2026 | $2,750,000 | 2,945 | $934 | 63 |
| 1375 Cerritos | Aug 21, 2026 | $3,375,000 | 2,445 | $1,380 | 3 |
| 980 Canyon View Drive | Jul 8, 2026 | $3,000,000 | 1,700 | $1,765 | 97 |
| 1992 San Remo | Jul 6, 2026 | $3,700,000 | 3,158 | $1,172 | 33 |
| 1961 San Remo Drive | Jun 15, 2026 | $3,400,000 | 2,430 | $1,399 | 68 |
Schools
Schools for 1337 Terrace Way
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Top Of The World
- Middle
- Thurston
- High
- Laguna Beach
- District
- Laguna Beach Unified
Living in Laguna Beach covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 1337 Terrace Way, Laguna Beach
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Listed by Andrea Ballesteros of Coldwell Banker Realty
Listing information updated Oct 7, 2026 at 11:17 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.