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For Sale|Single Family ResidenceActive

217 Wave Street, Laguna Beach, CA 92651

  • 1 bed
  • 1 bath
  • 1,642 sq ft
  • 4,356 sq ft lot
  • Built 1921

MLS# LG26165932 · Listed Jul 30, 2026 · Price cut $96,000 on Sep 7 · 91 Days On Site

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.

25 single-family homes sold in the past 12 months · median $4,000,000

See homes for sale in North Laguna

The home

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.

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 has 1,642 square feet of living space on a 4,356-square-foot lot 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, air conditioning, and cottage architecture.

Specifications

Home Details

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

The record

Property History for 217 Wave Street

DateEventPriceNote
Sep 7, 2026 Price reduced $1,899,000 From $1,995,000
Jul 30, 2026 Listed for sale $1,995,000
Jan 24, 2025 Sold $1,600,000 Compass

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 217 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 0.9 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

Cost of ownership

Estimated monthly payment

7.32% · 30-yr fixed
$
$14,747/mo
10% down · 30-year fixed · $189,900 down
Principal & interest$11,740
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
$12,731/mo
20% down · 30-year fixed · $379,800 down
Principal & interest$10,436
Property tax (est. 1.1%)$1,741
Home insurance (rough est., varies widely)$554
HOANot reported, not included
$11,426/mo
30% down · 30-year fixed · $569,700 down
Principal & interest$9,131
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 7.32% (week of Oct 22, 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 217 Wave Street

Want to see 217 Wave Street in person? We have guided buyers through North Laguna and the wider Laguna Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 217 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.

North Laguna home sales, past 12 months

Homes sold
25
Median price
$4,000,000
Median days on market
40
Median per sq ft
$2,109

Recorded MLS closings of single-family homes, Oct 22, 2025 to Oct 22, 2026. Days on market run from listing to going under contract.

Price per square foot against recent North Laguna sales

This home, asking 12-month median Recent sales, listed below

At $1,157 per square foot, this home's asking price is 45% below the North Laguna median of $2,109 for single-family homes that closed in the past 12 months.

Recent North Laguna sales

AddressClosedPriceSq ftPer sq ftDays on market
477 Hill Oct 15, 2026 $2,200,000 940 $2,340 64
429 Aster Oct 13, 2026 $4,000,000 2,123 $1,884 46
461 Linden Street Sep 15, 2026 $3,725,000 1,611 $2,312 32
486 Locust Street Sep 8, 2026 $3,225,000 2,066 $1,561 40
738 Cliff Drive Aug 28, 2026 $7,750,000 3,200 $2,422 196

Schools

Schools for 217 Wave Street

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
El Morro
Middle
Thurston
High
Laguna Beach
District
Laguna Beach Unified

Moving to Laguna Beach covers its schools, parks and beaches.

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Listed by John Stanaland of The Agency

Listing information updated Sep 20, 2026 at 9:26 AM PT. Source: CRMLS.

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