2838 Wards Terrace, Laguna Beach

$4,495,000

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4

Beds

3

Baths

2,191

Square feet

0.05

Acres

Listing Agent
David Espino - Coldwell Banker Realty

About 2838 Wards Terrace

Perfectly positioned just moments from the sands of Victoria Beach in South Laguna, this rare coastal triplex offers exceptional flexibility, ocean views, and compelling income potential in one of Orange County’s most desirable seaside enclaves. Ideal as a lifestyle investment, vacation getaway, or long-term hold with strong upside, the property is uniquely configured with three independent living spaces, each featuring full kitchens and living areas. An increasingly rare opportunity near the beach. The upper residence enjoys sweeping Pacific Ocean and Catalina Island views through expansive windows, creating a light-filled retreat with two bedrooms, one bath, a cozy fireplace, and a front-row seat to coastal sunsets. Below, a one-bedroom, one-bath residence with a charming loft provides additional versatility, while a detached one-bedroom cottage offers a private escape complete with its own stone patio and sun-drenched deck . Ideal for guests or rental use. Throughout the property, open-beam ceilings, abundant natural light, wood flooring, and inviting architectural details add warmth and timeless character. Two single-car garages provide valuable off-street parking. An undeniable asset this close to the sand. Whether enjoyed as a full-time residence with supplemental income, a multi-generational compound, or a pure investment play, the property offers multiple revenue streams and strong ARV potential in a premier coastal setting. Located just minutes from the Montage Resort, Victoria Beach with its iconic Pirate’s Tower, acclaimed restaurants, art galleries, and boutiques of downtown Laguna Beach, this is a rare opportunity to own a versatile, income-producing asset while embracing the quintessential Laguna Beach lifestyle.

Features of 2838 Wards Terrace

MLS® # NP25196752
Price $4,495,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,191
Acres 0.05
Year Built 1940
Type Residential
Sub-Type Triplex
Status Active

Community Information

Address 2838 Wards Terrace
Area LV - Laguna Village
Subdivision Victoria Beach (VB)
City Laguna Beach
County Orange
Zip Code 92651

Amenities

Parking Spaces 2
Parking Door-Single, Garage, Off Street
# of Garages 2
Garages Door-Single, Garage, Off Street
View Coastline, Ocean, Water
Is Waterfront No
Waterfront Beach Access
Has Pool No
Pool None

Interior

Interior Tile, Vinyl, Wood
Interior Features Beamed Ceilings, Balcony, Recessed Lighting, Crown Molding, Dry Bar, Separate/Formal Dining Room
Appliances Dishwasher, Gas Cooktop, Disposal, Refrigerator, Freezer, Gas Range
Heating Fireplace(s), Wall Furnace
Cooling None
Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 2
Stories Multi/Split, Two

Exterior

Lot Description ZeroToOneUnitAcre

School Information

District Laguna Beach Unified
Elementary El Morro
Middle Thurston
High Laguna Beach

Additional Information

Date Listed August 7th, 2025
Days on Market 312
Foreclosure No
Short Sale No
RE / Bank Owned No
Leased Land Fee
Senior Community No

Listing Details

AgentDavid Espino
OfficeColdwell Banker Realty

Listing Map

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