Water Views
Address
2937 Terry Rd, Laguna Beach, CA
Price
$ 2,599,000
Property Attributes
- MLS#OC26120844
- TypeSingle Family
- Listing Status Active
- CountyOrange
- CityLaguna Beach
- Area South Laguna
- NeighborhoodSouth Laguna Village (SLV)
- Zip92651
- Style
- Year Built1927
- Price$ 2,599,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1118
- Lot Size0.06 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Welcome to your dream coastal lifestyle and premier investment opportunity at 2937 Terry Road, an exceptional beach-cottage duplex in the highly coveted Victoria Highlands neighborhood of South Laguna Beach. Perfect for an income-generating property, a multi-generational sanctuary, or an owner-occupant looking to live in one and rent the other, this versatile multi-family residence features a distinct one-unit-up, one-unit-down layout with ocean views from both levels. The upper unit boasts soaring vaulted ceilings and exposed wood beams full of character, while the expansive lower unit offers direct access to a beautifully manicured backyard, complete with a cozy gas fire pit and a dedicated outdoor dining area perfect for al fresco entertaining. Embracing the true essence of Southern California living, this property balances a peaceful neighborhood setting with effortless proximity to Laguna's world-famous amenities. Just a short distance away lies the pristine shoreline of Victoria Beach, home to the iconic pirate tower, easily accessible via a convenient pedestrian tunnel under Coast Highway. Residents will enjoy being moments from the legendary Montage Resort for five-star dining and cliffside sunsets, as well as the newly built Laguna Beach Community & Recreation Center for fitness and local events. Highlighting the unmatched convenience of this location, a nearby stop for the complimentary Laguna Beach trolley makes exploring the vibrant downtown village, upscale boutiques, and renowned art galleries entirely effortless. Discover a spectacular chance to capture the ultimate beach lifestyle and secure a prime piece of real estate in one of the world's most beautiful coastal destinations.
| Price History | |
|---|---|
| 6/11/2026 | Listed $2,599,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Cooling | Zoned |
| Garage Spaces | 2 |
| Pool Features | None |
| Year Built | 1927 |
| Tenant Pays | None |
| View | Coastline,Ocean |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Duplex |
| Gross Income | 127800 |
| Community Features | StreetLights,Sidewalks |
| County | Orange |
| Net Operating Income | 119276 |
| Operating Expense | 8524 |
| Insurance Expense | 1616 |
| New Construction | false |
| Property Type | ResidentialIncome |
| HOA | false |
| Contingency | Sale subject to Seller finding and closing on a replacement property. |
| Subdivision Name | South Laguna Village (SLV) |
| Garage Y/N | true |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Pacific Coast Highway to Hinkle to Terry Rd |
| City | Laguna Beach |
| Entry Location | 1 |
| Senior Community Y/N | false |
| Open Parking Spaces | 1 |
| Number Of Units Total | 3 |
| MLS Area | SL - South Laguna |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 2614 |
| Number of Units Leased | 3 |
| Listing Terms | Cash,CashToNewLoan,Conventional,Exchange1031 |
| Spa Features | None |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Electric Expense | 1700 |
| Fuel Expense | 360 |
| Trash Expense | 648 |
| Water Sewer Expense | 1620 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | false |
| Building Area Units | SquareFeet |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 37 |
| Total Actual Rent | 10200 |
| Property Sub Type Additional | Duplex |
| PostalCity | LAGUNA BEACH |
Interior Features
| Fireplace Features | None |
|---|---|
| Total Stories | 2 |
| Common Walls | OneCommonWall |
| Air Conditioning Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | LaundryCloset,Outside |
| Entry Level | 1 |
Exterior Features
| Parking Features | Garage |
|---|---|
| Lot Features | BackYard |
| Water Source | Public |
| Total Parking | 3 |
| Lot Size Area | 2614 |
| Number of Buildings | 2 |
| Spa | false |
| Building Area Total | 1118 |
| Lot Size Acres | 0.06 |
| Private Pool | false |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92651
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 13, 2026 3:36 AM UTC 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. 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, 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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MetroList CA data last updated: September 12, 2026 8:28 PM UTC 
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