$2,095,000

Located in the heart of Laguna Beach’s iconic Village, 478 St. Ann’s Drive presents a rare opportunity to own a substantial 4,800-square-foot R-2 lot in one of Central Laguna’s most sought-after locations. Just steps from the sand, dining, boutiques, and galleries, it offers unmatched walkability and true coastal living. The thoughtfully remodeled 1-bedroom, 1-bath home blends classic beach cottage charm with modern comfort. Updated kitchen and bath, plus two flexible bonus spaces, create a stylish retreat, while a private deck and lush landscaping complete the setting. The property also offers a proven mid-term rental history, generating strong income in Laguna’s high-demand market. What truly sets this offering apart is the size of the parcel and its prime central location. Large Village lots are increasingly scarce, making this 4,800-square-foot homesite one of the few remaining opportunities to expand, build a custom residence, explore duplex potential, or enhance the existing home in a premier walk-to-everything setting.