506 N. Coast Hwy., Laguna Beach, CA 92651

Local realty services provided by:ERA North Orange County Real Estate
506 N. Coast Hwy.,Laguna Beach, CA 92651
$17,500,000
  • 4 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: connie maxsenti
Office: coldwell banker realty
MLS#:LG26020416
Source:San Diego MLS via CRMLS

Price summary

  • Price:$17,500,000

About this home

Opportunity Knocks. Arabella Laguna is a rare trophy property, held under the same ownership
 since 1976, offering exceptional versatility and irreplaceable income potential. Currently operating as a
 highly successful short-term rental compound, it may also serve as a private residence with
 income, multi generational family compound, or long-term rental investment.
 Located at the north end of Gallery Row, the property is minutes to Heisler Park, the beach,
 downtown Laguna Beach, shopping, and dining.
 Comprised of two legal parcels and four buildings, including two historic cottages listed on the City
 of Laguna Beach Historic Inventory. Buyers may qualify for Mills Act benefits, subject to their own
 investigation.
 The Myrtle Cottage is a 3-bedroom, 3-bath historic residence configured as two units:
 Upper level: 2 bedrooms, 2 baths, kitchen, sun porch
 Lower level: 1 bedroom with caterer's kitchen and expansive veranda/sunroom, used

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Home facts

  • Listing ID #:LG26020416
  • Added:1 day(s) ago
  • Updated:February 03, 2026 at 12:45 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5

Heating and cooling

  • Cooling:Wall/Window
  • Heating:Combination Heating

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$17,500,000
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