222 Wave ST new Save Request In-Person Tour Request Virtual Tour
Laguna Beach,CA 92651
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $1,474
Subdivision North Laguna (Nl)
MLS Listing ID OC25165120
Bedrooms 7
Full Baths 6
Year Built 1940
Lot Size 4,356 Sqft
Property Sub-Type Triplex
Property Description
Welcome to 222 Wave Street, a once-in-a-generation opportunity in the heart of North Laguna Beach. Nestled just off Pacific Coast Highway and moments from the iconic shores of Shaw's Cove and Crescent Bay, this exceptional coastal triplex—complete with a bonus studio—has been cherished by the same family for nearly 40 years. Not offered for sale since the 1980s, it now presents a rare chance to own a piece of paradise in one of Laguna's most coveted areas. Set on an expansive lot with two distinct buildings, the front structure features two spacious units. On the upper level, a two-bedroom, two-bath home boasts unobstructed ocean views. Whether you're relaxing in the living room or enjoying the sunset on the private deck, the endless ocean is your constant backdrop. Inside, the vaulted beamed ceilings elevate the open-concept living room and kitchen and offers two bedrooms and two updated bathrooms. Below, the ground-floor three-bedroom, two-bath unit is ideal for those who prefer single-level living without compromising proximity to the ocean. Between the two buildings lies a sitting area, a tranquil courtyard setting perfect for morning coffee or entertaining guests. At the rear of the property, the second building includes a one-bedroom, one-bath unit with a bonus loft—an ideal spot for an additional sleeping area or storage. Tucked behind is a fully equipped bonus studio featuring its own kitchenette, bathroom, and lofted sleeping space. The property has been thoughtfully improved over the years with modern touches, including updated flooring, quartz countertops, stainless steel appliances, custom shaker cabinetry, custom tile backsplashes, shower finishes, new vanities, recessed lighting, windows, sliding doors, and more. The updates blend effortlessly with the home's original character, preserving its classic Laguna charm while offering contemporary comfort. Adding even more value and convenience, 222 Wave includes an oversized front driveway—an incredibly rare feature in this neighborhood—with parking for up to four vehicles. Whether you're looking for an income property, a vacation home, or a combination of both, this Laguna gem is an extraordinary find. Just a short stroll from world-class beaches, renowned dining, boutique shopping, and beloved local events like the Pageant of the Masters and Sawdust Festival, the best of Laguna Beach truly surrounds you. Don't miss this rare coastal treasure—properties like this almost never come to market.
Location
State CA
County Orange
Area Nl - North Laguna
Interior
Cooling None
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Driveway
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Suburban,Sidewalks
View Y/N Yes
View Coastline,Ocean,Water
Building
Lot Description Rectangular Lot
Dwelling Type Triplex
Story 2
Sewer Sewer Tap Paid
Water Public
New Construction No
Schools
School District Laguna Beach Unified
Others
Acceptable Financing Cash,Cash to Existing Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to Existing Loan,Conventional,1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.222wave.com