
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.
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Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Laguna Village · Laguna Beach · Single Family Residence
Listed 7.3% below the median closed sale of $2,750,000. Price per sqft ($2,585) is a 43% premium to closed comps ($1,811). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1143 Catalina Street | Laguna Beach | 1926 | 2 | 2 | 904 | 3,000 | $2,952 | $2.67M | 52 | 86 |
| 2936 Alexander Road | Laguna Beach | 1969 | 2 | 2 | 1,245 | 2,265 | $2,406 | $3.00M | 88 | 77 |
| 1136 Catalina | Laguna Beach | 1929 | 4 | 3 | 1,471 | 3,660 | $2,804 | $4.13M | 9 | 68 |
| 495 Saint Anns Drive | Laguna Beach | 1929 | 4 | 3 | 1,460 | 3,999 | $2,226 | $3.25M | 95 | 65 |
| 1494 Glenneyre | Laguna Beach | 1928 | 3 | 2 | 1,560 | 4,500 | $2,048 | $3.19M | 12 | 65 |
| Total: 5 · Average | 3.0 | 2.4 | 1,328 | 3,484.8 | $2,487.2 | $3.25M | 51.2 | |||
| Median | 1,460 | $3.19M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 263 Upland | Laguna Beach | 2011 | 06/16/2026 | 3 | 2 | 1,352 | 4,500 | $2.80M | $2.92M | $2,163 | 1.04 | 33 | 78 |
| 2810 Alexander | Laguna Beach | 1967 | 07/16/2026 | 2 | 2 | 1,437 | 2,975 | $2.60M | $2.58M | $1,792 | 0.99 | 42 | 76 |
| 2590 Iris | Laguna Beach | 2019 | 09/02/2026 | 3 | 3 | 1,531 | 1,920 | $3.00M | $2.75M | $1,796 | 0.92 | 227 | 70 |
| 924 Park Avenue | Laguna Beach | 1939 | 05/08/2026 | 3 | 2 | 1,388 | 4,505 | $2.10M | $1.95M | $1,405 | 0.93 | 176 | 67 |
| 3059 Bern Drive | Laguna Beach | 1965 | 06/12/2026 | 3 | 2 | 1,450 | 69,696 | $2.90M | $2.75M | $1,900 | 0.95 | 31 | 67 |
| Total: 5 · Average | 2.8 | 2.2 | 1,431.6 | 16,719.2 | $2.59M | $2.59M | $1,811.2 | — | 101.8 | ||||
| Median | 1,437 | $2.75M | $2.75M | ||||||||||
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.