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Sold

361 Cypress Drive sold on December 12, 2023 for $3,075,000, 12% below the $3,495,000 asking price after 91 days on the market; it was first listed at $3,699,800. The details are below for reference.

QuadruplexSold · Dec 12, 2023

361 Cypress Drive, Laguna Beach, CA 92651

  • 6 beds
  • 5 baths
  • 2,316 sq ft
  • Built 1946

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$3,075,000

MLS# SR23131532

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.

See homes for sale in North Laguna

The home

About 361 Cypress Drive

Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue sky’s and azure blue waters. It is no wonder homes located in the "Tree Streets" neighborhood of historic North Laguna are in such great demand, being only steps to Main Beach, Heisler Park, Boat Canyon, Divers Cove, this lovingly maintained vintage cottage has it all, multiple units, income, and location. Become enamored with all the possibilities when encountering this vintage cottage triplex + 1 has to offer. Enter through a white picket gate and rose trellis of this fully fenced yard and be drawn in by 3 bedroom, 2 bathroom with a jetted spa tub. Invited by walnut hardwood flooring that gently kisses white beadboard paneled walls and opens to an airy sky blue open beam vaulted ceiling and overhead ceiling fans. Pass through the French door flank dual fireplaces into a sun room gazing out onto a fully fenced backyard while enjoying your favorite cup coffee and book. Bask in the morning light of this cozy kitchen dinette in front of floor to ceiling bay windows. The spacious kitchen provides ample granite countertops, French provincial cabinets, stainless steel appliances, and nickel brushed hardware. Backyard gives generously offering a large jacuzzi hot tub shaded by fruit and avocado trees, and a considerable brick patio, ideal for entertaining. Just beyond find an 8 by 16 foot insulated storage shed with windows and French doors for all your beach chairs boards and bikes. Engage in more opportunity with the three turn-key furnished studio apartment’s in the rear building along with a 3 car garage. At full occupancy the current owner rents the property for $19,550/m. A short term rental strategy has potential to rent for over $28,000+ gross. Buyer to verify info and short term licensing details. Take advantage of this rare and unique opportunity to produce income and be a brief stroll from art festivals, galleries, world-class restaurants, shopping, hiking/biking trails, Great Schools, Downtown Laguna, and of course The Beach.

Property details for 361 Cypress Drive

This 6-bedroom, 5-bath fourplex sits in the North Laguna neighborhood of Laguna Beach in Orange County. It has 2,316 square feet of living space. The home was built in 1946. The MLS record lists the assessor parcel number as 496-122-05. Highlights include peek-a-boo ocean views, a fireplace, an attached three-car garage, and air conditioning.

Specifications

Home Details

General Features

Property Type
Quadruplex
MLS Number
SR23131532
Year Built
1946
Living Area (sq ft)
2,316
Lot Size (sq ft)
6,098
Lot Size (acres)
0.14
Levels
Two
Bedrooms
6
Full Baths
4
Half Baths
1
Garage Spaces
3
Parking Spaces
3
View
Ocean, Peek A Boo
Parcel Number
49612205
On Market Date
2023-07-17
Listing Terms
Standard

Interior Features

Interior Features
Workshop
Appliances
Dryer, Washer
Cooling
Gas, Wall Window Units
Fireplace
Gas, Wood Burning
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
Two Common Walls Or More
Windows
Bay Windows

Exterior Features

Lot Features
Zero To One Unit Acre
Pool Features
None
Sewer
Public Sewer
Water
Private, See Remarks
Units
4

Community Features

Subdivision
North Laguna (NL)
Community Features
Curbs, Suburban, Sidewalks

The record

Property History for 361 Cypress Drive

DateEventPriceNote
Dec 14, 2023 Sold $3,075,000 Keller Williams Realty Antelope Valley
Dec 12, 2023 Sold $3,075,000
Oct 18, 2023 Status changed to Pending From Active
Sep 1, 2023 Price reduced $3,495,000 From $3,699,800
Jul 17, 2023 Listed for sale $3,699,800

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 361 Cypress Drive

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

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 12 of 14 residential locations in this census block. Cable: Cox Communications, up to 2,000 Mbps, at 14 of 14. DSL: Frontier, up to 10 Mbps, at 2 of 14.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626054026, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.4 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

Next steps

Looking for something similar

361 Cypress Drive 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 361 Cypress Drive

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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.

Schools

Schools for 361 Cypress Drive

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 Thomas Paulauskas of Keller Williams Realty Antelope Valley

Listing information updated Dec 12, 2023 at 3:53 PM PT. Source: CRMLS.

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