561 Graceland, Laguna Beach, CA 92651
- 2 beds
- 2 baths
- 1,100 sq ft
- 4,000 sq ft lot
- Built 1921
$2,195,000
Est. $14,465/mo with 20% down, 30-year fixed
$1,995 a sq ft against a $1,718 The Village median. Ask how it comparesSubdivision 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.
27 single-family homes sold in the past 12 months · median $3,100,000
The home
About 561 Graceland
Welcome to 561 Graceland Drive — where Laguna Beach's laid-back coastal soul meets serious versatility! This is the one you've been waiting for: a charming 2-bedroom, 1-bath cottage of approximately 800 sq ft PLUS a detached 300 sq ft studio ADU right behind it, all on one fantastic Laguna lot. Two dwellings, one address, and a lifestyle that sells itself!
Step inside the front home and feel the Laguna vibe instantly! This sweet, cozy 2-bed, 1-bath cottage is classic beach-town living at its best — easy to live in, easy to love, and just the right size to kick back and soak up that famous Southern California sunshine. Low-maintenance, high-charm, all Laguna!
And then there's the bonus: a separate 300 sq ft studio ADU right out back! Rental income to help with the mortgage, a private guest suite for visiting friends and family, a creative studio, a home office with a real commute of about 30 steps — you decide! Opportunities like this in Laguna Beach don't come along every day.
So who is this property for? Anyone with a little imagination! Investors, you've got two units on one Laguna lot. It's currently tenant-occupied on a month-to-month basis, so there's income from day one and flexibility down the road. Looking for a multi-generational setup? Keep everyone close while giving each person their own front door. Or dream bigger: a live/work combo, an artist's retreat, a weekend escape with a guest house, a long-term hold in one of California's most coveted coastal towns. If you can imagine it, 561 Graceland can probably do it!
Buyer to verify all tenancy terms and applicable regulations.
Location? It's Laguna. Minutes to world-famous beaches, galleries, coastal hikes, sunset dinners, and the energy of downtown and Main Beach. Pacific Coast Highway, the art scene, the coves — it's all right here, waiting for you.
Two dwellings, endless possibilities, one unbeatable town. Homes like this move fast — call today and come see it for yourself!
Property details for 561 Graceland
This 2-bedroom, 2-bath single-family home sits in the Village neighborhood of Laguna Beach in Orange County. It has 1,100 square feet of living space on a 4,000-square-foot lot and is listed at $2,195,000, about $1,995 per square foot. The home was built in 1921. The MLS record lists the assessor parcel number as 644-065-10. Highlights include a fireplace and single-story living.
Photographs
Photos of 561 Graceland, Laguna Beach
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC26242921
- Year Built
- 1921
- Living Area (sq ft)
- 1,100
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 4,000
- Lot Size (acres)
- 0.0918
- Levels
- One
- Bedrooms
- 2
- Full Baths
- 2
- View
- None
- Parcel Number
- 64406510
- On Market Date
- 2026-11-12
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Down
- Cooling
- None
- Fireplace
- Family Room
- Laundry
- Washer Hookup
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Bedroom
Exterior Features
- Lot Features
- Yard
- Pool Features
- None
- Sewer
- Unknown
- Water
- Public
- Units
- 2
Community Features
- Subdivision
- The Village (VIL)
- Community Features
- Water Sports
The record
Property History for 561 Graceland
| Date | Event | Price | Note |
|---|---|---|---|
| Nov 12, 2026 | Listed for sale | $2,195,000 |
No prior MLS sales on record for this home since 2012.
Cost of ownership
Estimated monthly payment
7.11% · 30-yr fixed$
$16,764/mo
10% down · 30-year fixed · $219,500 down
Principal & interest$13,289
Mortgage insurance (est., over 80% LTV)$823
Property tax (est. 1.1%)$2,012
Home insurance (rough est., varies widely)$640
HOANot reported, not included
$14,465/mo
20% down · 30-year fixed · $439,000 down
Principal & interest$11,813
Property tax (est. 1.1%)$2,012
Home insurance (rough est., varies widely)$640
HOANot reported, not included
$12,988/mo
30% down · 30-year fixed · $658,500 down
Principal & interest$10,336
Property tax (est. 1.1%)$2,012
Home insurance (rough est., varies widely)$640
HOANot reported, not included
Estimated carrying cost
$2,652/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.1%)$2,012
Home insurance (rough est., varies widely)$640
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.11% (week of Nov 12, 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 561 Graceland
Want to see 561 Graceland in person? We have guided buyers through The Village and the wider Laguna Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 561 Graceland
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.
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.
The Village home sales, past 12 months
- Homes sold
- 27
- Median price
- $3,100,000
- Median days on market
- 33
- Median per sq ft
- $1,718
Recorded MLS closings of single-family homes, Nov 5, 2025 to Nov 5, 2026. Days on market run from listing to going under contract.
Price per square foot against recent The Village sales
At $1,995 per square foot, this home's asking price is 16% above the Village median of $1,718 for single-family homes that closed in the past 12 months.
Recent The Village sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 616 Virginia Park Drive | Nov 2, 2026 | $4,750,000 | 3,137 | $1,514 | 14 |
| 699 Wendt Terrace | Oct 19, 2026 | $4,200,000 | 2,827 | $1,486 | 8 |
| 634 Glenneyre | Oct 14, 2026 | $2,995,000 | 1,300 | $2,304 | 0 |
| 499 Legion | Sep 28, 2026 | $3,810,000 | 2,335 | $1,632 | 86 |
| 609 Seaview Street | Sep 28, 2026 | $2,130,000 | 888 | $2,399 | 6 |
See homes for sale in The Village Laguna Beach housing market
Schools
School District for 561 Graceland
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.
Location
Location
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Listed by Dave Troutt of Seven Gables Real Estate
Listing information updated Nov 12, 2026 at 4:53 PM 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.