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Sold

385 Mermaid Street sold on May 25, 2022 for $3,162,240, 8.3% below the $3,450,000 asking price after 311 days on the market; it was first listed at $3,550,000. The buyer paid cash. The details are below for reference.

TriplexSold · May 25, 2022

385 Mermaid Street, Laguna Beach, CA 92651

  • 5 beds
  • 3 baths
  • 2,000 sq ft
  • Built 1945

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$3,162,240

MLS# OC21112164

Subdivision The Village

The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants.

See homes for sale in The Village

This home has a newer listing: MLS OC25108976 (Sold).

The home

About 385 Mermaid Street

Welcome to 385 Mermaid Street . A rare find in Laguna Village down town location.Three Luxury furnished residences . Steps from the beach, shopping and restaurants. Ready to move in .

This building consists of 3 furnished residences ,2 two bedrooms ,one bath ,and a studio with outdoor deck and balconies with great city views completely renovated in 2015 .

All units have private laundry and garage space in the heart of Laguna Beach village.

Property details for 385 Mermaid Street

This 5-bedroom, 3-bath triplex sits in the Village neighborhood of Laguna Beach in Orange County. It has 2,000 square feet of living space. The home was built in 1945. The MLS record lists the assessor parcel number as 641-265-06. Highlights include city lights and hill views, a fireplace, an attached four-car garage, and Cape Cod architecture.

Specifications

Home Details

General Features

Property Type
Triplex
MLS Number
OC21112164
Year Built
1945
Living Area (sq ft)
2,000
Living Area Source
Estimated
Lot Size (sq ft)
2,614
Lot Size (acres)
0.06
Levels
Multi Split
Bedrooms
5
Full Baths
3
Garage Spaces
4
Parking Spaces
5
View
City Lights, Hills, Mountains
Parcel Number
64126506
On Market Date
2021-05-26
Listing Terms
Standard

Interior Features

Appliances
Tankless Water Heater
Heating
Electric, Wall Furnace
Cooling
None
Fireplace
See Remarks
Laundry
Inside
Common Walls
No Common Walls

Exterior Features

Architectural Style
Cape Cod
Lot Features
Paved
Patio and Porch
Deck, Porch
Parking
Assigned
Pool Features
None
Sewer
Public Sewer
Water
Public
Utilities
Sewer Connected
Units
3

Community Features

Subdivision
The Village (VIL)
Community Features
Sidewalks

The record

Property History for 385 Mermaid Street

DateEventPriceNote
Oct 14, 2025 Sold $2,940,000 Coldwell Banker Realty
May 25, 2022 Sold $3,162,240
Apr 20, 2022 Status changed to Pending From Active Under Contract
Apr 4, 2022 Status changed to Active Under Contract From Active
Feb 27, 2022 Status changed to Active From Active Under Contract
Feb 15, 2022 Status changed to Active Under Contract From Active
Nov 29, 2021 Price reduced $3,450,000 From $3,550,000
May 26, 2021 Listed for sale $3,550,000

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 385 Mermaid 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

Moderate 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 10 of 22 residential locations in this census block. Fiber: Cox Communications, up to 1,000 Mbps, at 15 of 22. DSL: Frontier, up to 10 Mbps, at 1 of 22.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626051015, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.1 miles away (ChargePoint, 2 Level 2 ports). 25 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

385 Mermaid 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.

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Selling near 385 Mermaid Street

Thinking of selling nearby? We bring current The Village 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.

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The neighborhood

About The Village

The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants. It fronts Main Beach Park and the bluff-top trails of Heisler Park, sits within Laguna Beach Unified School District, and keeps its historic gallery-town character along the coast.

Schools

School District for 385 Mermaid Street

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

The MLS record lists the school district as Laguna Beach Unified.

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

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Listed by Azita Sadeghi of Compass

Listing information updated May 26, 2022 at 9:31 AM PT. Source: CRMLS.

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