389 Park, Laguna Beach, CA 92651
389 Park, Laguna Beach, CA 92651
Property Description
TWO DETACHED, TOTALLY REMODELED BEACH COTTAGES on one parcel -397 Park Ave (2 bed, 1 bath - 539 sq. ft) and 389 Park Ave (1 bed, 1 bath - 456 sq. ft) just a short stroll from the all new Forest Avenue Promenade, Main Beach boardwalk and world famous Heisler Park. Each cottage stands alone, with windows on all sides that flood the interiors with natural light and enhance their airy, coastal feel. Both cottages have undergone extensive renovations, including brand-new roofs, vaulted ceilings, wide-plank hardwood flooring, upgraded kitchens and baths with stone countertops, custom cabinetry, designer tile, modern lighting, and curated window treatments. Additional highlights include wood-burning fireplaces, tankless water heaters, newly built decks, restored exterior woodwork, fresh paint, and thoughtfully designed landscaping throughout the property. These charming homes are part of Laguna Beach history. While not yet officially designated as historic, there are potential historic designations and Mills Act tax benefits. Don't miss out on this exceptional opportunity to buy prime real estate in the heart of Laguna Beach.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Laguna Village · Laguna Beach · Single Family Residence
Listed in line with the median closed sale of $2,500,000. Price per sqft ($2,585) is a 35% premium to closed comps ($1,918). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 888 Summit Drive | Laguna Beach | 1976 | 3 | 3 | 1,600 | 5,167 | $1,484 | $2.38M | 30 | 73 |
| 380 Thalia | Laguna Beach | 1921 | 3 | 3 | 1,445 | 5,000 | $1,972 | $2.85M | 59 | 69 |
| 2430 Glenneyre | Laguna Beach | 1978 | 3 | 2 | 1,986 | 2,500 | $1,435 | $2.85M | 60 | 65 |
| 928 Quivera Street | Laguna Beach | 1988 | 3 | 2 | 2,228 | 2,500 | $1,288 | $2.87M | 5 | 64 |
| 28752 Top of the World Drive | Laguna Beach | 1993 | 3 | 3 | 2,100 | 5,454 | $1,310 | $2.75M | 3 | 60 |
| Total: 5 · Average | 3.0 | 2.6 | 1,871.8 | 4,124.2 | $1,497.8 | $2.74M | 31.4 | |||
| Median | 1,986 | $2.85M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 555 Through Street | Laguna Beach | 1924 | 11/24/2025 | 2 | 1 | 750 | 5,396 | $2.60M | $2.50M | $3,333 | 0.96 | 102 | 72 |
| 667 Glenneyre Street | Laguna Beach | 1918 | 12/26/2025 | 3 | 3 | 1,459 | 2,825 | $2.50M | $2.50M | $1,714 | 1.00 | 0 | 71 |
| 790 Wendt Terrace | Laguna Beach | 1986 | 07/10/2026 | 4 | 4 | 2,371 | 4,700 | $2.69M | $2.40M | $1,012 | 0.89 | 150 | 68 |
| 135 High Drive | Laguna Beach | 1958 | 11/19/2025 | 5 | 3 | 2,449 | 4,400 | $3.00M | $2.92M | $1,192 | 0.97 | 197 | 67 |
| 477 Hill | Laguna Beach | 1938 | 10/15/2026 | 2 | 1 | 940 | 5,000 | $2.68M | $2.20M | $2,340 | 0.82 | 112 | 59 |
| Total: 5 · Average | 3.2 | 2.4 | 1,593.8 | 4,464.2 | $2.50M | $2.50M | $1,918.2 | — | 112.2 | ||||
| Median | 1,459 | $2.50M | $2.50M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.