$2,680,000
2Beds1Baths940SqFt
477 HillLaguna Beach, CA 92651North Laguna
$1,899,000
46 Days On Site
217 Wave Street Laguna Beach, CA 92651
1Beds
1Total Baths
1Full Baths
1,642SqFt
$1,157$/SqFt
1921Built
SubdivisionNorth Laguna
About 217 Wave Street
NORTH LAGUNA BEACH - Located in the highly desirable North Laguna Beach neighborhood, this original and charming single-family residence is situated on an approximately 4,350 square foot lot with valuable street-to-alley access. The property features a private rear yard and a detached oversized garage, offering exceptional potential for future improvements.
This one-bedroom, one-bath home presents a rare opportunity to renovate, expand, or create a custom coastal retreat. Adding to its appeal, plans for an Accessory Dwelling Unit (ADU) are 100% through the City approval process, providing a significant head start for the next owner. In addition, plans for the main residence, thoughtfully designed by Olivos Architects, are currently pending City approval.
Ideally located just moments from Laguna Beach's renowned beaches, galleries, restaurants, shops, and local amenities, this property offers the perfect blend of homeownership and the coveted coastal lifestyle. Whether you choose to restore the existing home, build upon the approved vision, or complete the architectural plans already in progress, this exceptional property provides an exciting canvas to create your dream home in one of Laguna Beach's most sought-after neighborhoods.
Call Clark Smith at (949) 494-8830 for more information about 217 Wave Street in Laguna Beach
217 Wave Street, Laguna Beach
- Price
- $1,899,000
- Days On Site
- 46 Days
- Bedrooms
- 1
- Inside Area (SqFt)
- 1,642 sqft
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- N/A
- Lot Size
- 4,356 SqFt
- Year Built
- 1921
- MLS® Number
- LG26165932
- 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
- LG26165932
- Year Built
- 1921
- Living Area (sq ft)
- 1,642
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 4,356
- Lot Size (acres)
- 0.1
- Levels
- One
- Bedrooms
- 1
- Full Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
- Parcel Number
- 05314313
- On Market Date
- 2026-07-30
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Open Floorplan, Main Level Primary
- Appliances
- Dryer, Washer
- Heating
- None
- Cooling
- Electric
- Fireplace
- None
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Primary Bedroom
Exterior Features
- Architectural Style
- Cottage
- Lot Features
- Back Yard, Front Yard, Lawn, Landscaped
- Parking
- Garage, Garage Faces Rear
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- North Laguna (NL)
- Community Features
- Biking, Hiking, Park, Water Sports
Schools
- School District
- Laguna Beach Unified
- Elementary School
- El Morro
- Middle School
- Thurston
- High School
- Laguna Beach
Price and Status Changes
- Price reduced from $1,995,000 to $1,899,000
Realatrends has tracked this listing since September 5, 2026. Changes recorded by the MLS before then are not shown here.
Photos of 217 Wave Street, Laguna Beach
Location
Property Details for 217 Wave Street
This 1-bedroom, 1-bath single-family home sits in the North Laguna neighborhood of Laguna Beach in Orange County. It offers 1,642 square feet of living space and is listed at $1,899,000, about $1,157 per square foot. The home was built in 1921. The MLS record lists the assessor parcel number as 053-143-13. Highlights include ocean and coastline views, single-story living, a three-car garage, a 4,356-square-foot lot, air conditioning, and cottage architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Property History
217 Wave Street last sold in January 2025 for $1,600,000.
- Listed for sale July 30, 2026 at $1,995,000
- Price reduced to $1,899,000
- Sold January 2025 for $1,600,000 (Compass)
About North Laguna
North Laguna anchors the northern end of Laguna Beach, where Heisler Park follows the bluffs along Cliff Drive above Crescent Bay, Shaw's Cove, and Diver's Cove. Its Tree Streets, an alphabetical botanical grid beginning at Aster Street, are lined with early-1900s cottages within the Laguna Beach Unified School District.
Estimated monthly payment
6.71% · 30-yr fixed$
$14,047/mo
10% down · 30-year fixed · $189,900 down
Principal & interest$11,040
Mortgage insurance (est., over 80% LTV)$712
Property tax (est. 1.1%)$1,741
Home insurance (rough est., varies widely)$554
HOANot reported, not included
$12,108/mo
20% down · 30-year fixed · $379,800 down
Principal & interest$9,813
Property tax (est. 1.1%)$1,741
Home insurance (rough est., varies widely)$554
HOANot reported, not included
$10,881/mo
30% down · 30-year fixed · $569,700 down
Principal & interest$8,586
Property tax (est. 1.1%)$1,741
Home insurance (rough est., varies widely)$554
HOANot reported, not included
Estimated carrying cost
$2,295/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.1%)$1,741
Home insurance (rough est., varies widely)$554
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.71% (week of Sep 3, 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.
Buying 217 Wave Street
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Listed by John Stanaland of The Agency
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.
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