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

Laguna Beach
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
506 N. Coast Hwy.,Laguna Beach, CA 92651
$17,500,000
  • - Beds
  • - Baths
  • 5,500 sq. ft.
  • Multi-family
  • Active
Listed by: connie maxsenti
Office: coldwell banker realty949-644-1600
MLS#:LG26020416
Source:CRMLS

Price summary

  • Price:$17,500,000
  • Price per sq. ft.:$3,181.82

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

  • Year built:1920
  • Subdivision & Development:North Laguna (NL)
  • Listing ID #:LG26020416
  • Added:179 day(s) ago
  • Updated:July 30, 2026 at 01:17 PM

Rooms and interior

  • Flooring:Stone, Wood
  • Kitchen Description:Barbecue, Convection Oven, Dishwasher, Double Oven, Free Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Indoor Grill, Microwave, Pantry, Refrigerator, Stone Counters, Vented Exhaust Fan, Walk In Pantry, Water To Refrigerator
  • Living area:5,500 sq. ft.

Heating and cooling

  • Cooling:Dual, Electric, Wall Window Units
  • Heating:Combination, Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Building area:5,500 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Corner Lot, Front Yard, Garden, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Trees
  • Architectural Style:Bungalow
  • Construction Materials:Flagstone, Stucco, Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$17,500,000
  • Price per sq. ft.:$3,181.82

Features and amenities

  • Appliances:Barbecue, Convection Oven, Dishwasher, Disposal, Double Oven, Free Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
  • Laundry features:Common Area, Laundry Room
  • Amenities:Beamed Ceilings, Ceiling Fans, Crown Molding, Lighting, Open Floorplan, Pantry, Storage Space

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:8
Based on information from California Regional Multiple Listing Service, Inc. as of August 1, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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