$16,995,000
921 Gaviota Dr, Laguna Beach, CA 92651
Rare Laguna Beach Oceanfront Compound with Private Beach Access
7 Bed · 7.5 Bath · 6,050 Sq Ft
Three residences, direct sand access, panoramic Catalina views.
7
Beds
7.5
Baths
6,050
Sq Ft
1990
Built
0.181 acres
Lot
Multiple enclosed garages + private driveway (verify count)
Garage
About 921 Gaviota Dr
921 Gaviota Drive is a singular oceanfront offering within Laguna Beach Village’s HIP District — a compound carefully configured for privacy, flexibility, and extraordinary coastal living. Spanning 6,050 square feet across three distinct residences, the property delivers unobstructed Pacific and Catalina Island panoramas and direct, private access to the sandy shore.
Each residence is designed to live independently while contributing to the whole. The top residence (approx. 1,700 SF) combines two bedrooms, two-and-a-half baths and private balconies that face the ocean. The middle residence — the largest — spans roughly 2,613 SF with a two-level layout oriented to the coastline, multiple balconies and a resort-style deck for entertaining. The lower residence (approx. 1,737 SF) features two bedrooms, two baths, an additional living room with a built-in wet bar, and direct access to the beach via an oceanfront patio.
Outdoor spaces define the experience: expansive oceanfront patios, private decks, and multiple terraces provide space to dine, entertain, and watch sunsets over the surf. The compound includes a gated entry, private driveway and multiple garages, offering privacy and convenience in a setting that is exceptionally walkable to Laguna’s restaurants, galleries, and Main Beach.
This property is ideal as a full-time coastal residence, multi-generational retreat, or a second home with strong rental appeal subject to local regulations. Rare in both scale and beach access, 921 Gaviota Drive is one of the few opportunities to own a multi-residence oceanfront parcel in Laguna Beach Village. Private showings through the listing agent.
Home Highlights
Property Features
Interior Features
- Three separate, private residences: Top (~1,700 SF), Middle (~2,613 SF), Lower (~1,737 SF)
- Total: 7 bedrooms, 7.5 bathrooms across the compound
- Additional living rooms and built-in wet bar in lower residence
- Flexible rooms for home office or guest use
- Multiple private balconies with ocean and Catalina views
Exterior & Lot
- Direct oceanfront frontage with private beach access
- Expansive oceanfront patio and resort-style decks
- Gated entry and private driveway
- Multiple enclosed garages (verify count)
- Lot size: 7,885 SF (approx. 0.181 acres)
Location & Neighborhood
- Located in Laguna Beach Village / HIP District
- Short walk to Main Beach, Heisler Park, galleries and boutique dining
- Close to Montage Laguna Beach, Surf & Sand Resort and coastal trails
- Quiet residential street with high privacy and coastal ambiance
Walkability & Recreation
- Walkability Rating: 85/100
- Easy pedestrian access to shops, restaurants and beaches
- Proximity to coastal trails, parks, and water-based recreation
Neighborhood & Location
Laguna Beach Village is an arts-driven, pedestrian-friendly coastal enclave characterized by boutique galleries, independent restaurants and immediate access to beaches and coastal trails. The HIP District blends residential privacy with proximity to Main Beach and downtown amenities — a desirable mix for both full-time residents and second-home buyers seeking coastal culture and convenience.
Market Insights
Laguna Beach’s luxury oceanfront market is defined by scarcity and lifestyle premiums. Inventory of direct beachfront parcels is extremely limited, which supports per-square-foot premiums that typically outpace broader Orange County averages. Over the last year the local market has shown moderate appreciation driven by demand from affluent primary- and second-home buyers. While ultra-high-end listings can have longer marketing periods, properties that combine direct beach access, privacy and turnkey condition — as this compound does — attract strong interest and can command top-dollar when marketed to the right buyer pool. Buyers should consider coastal permitting and title diligence; sellers should pursue a targeted luxury marketing campaign emphasizing the compound’s unique multi-residence configuration and walkable Village location.
Nearby Schools
El Morro Elementary School
Elementary · 1.1 mi (approx.)
Thurston Middle School
Middle · 1.4 mi (approx.)
Laguna Beach High School
High · 1.6 mi (approx.)
Walkability & Recreation
Exceptional access to beaches, coastal trails and parks—ideal for ocean activities, walking, jogging and outdoor dining.
Investment Highlights
- Direct oceanfront location with private beach access and sweeping Catalina and Pacific views.
- Three separate residences (totaling 6,050 SF) offering flexibility for multi-generational use or rental income.
- Located within Laguna Beach Village / HIP District — walkable to restaurants, galleries and Main Beach.
- Recently upgraded interiors and resort-style exterior decks and patios.
- Gated entry and multiple garages/driveway provide privacy and parking (verify exact garage count).
Key Findings
- Total building area: 6,050 SF across three residences.
- Lot size: 7,885 SF (approx. 0.181 acres) — direct beachfront parcel.
- Bedrooms / Baths: 7 beds, 7.5 baths (per listing data).
- List price: $16,995,000; price per SF: $2,809 (as reported).
- Year built: 1990; listing described as recently upgraded.
Things to Consider
- Coastal regulations and permitting may limit structural changes and add cost/time to renovations.
- Verify legal status of three residences on a single parcel — rental and zoning implications may apply.
- Luxury market liquidity: ultra-high-end properties can have longer marketing periods depending on pricing and buyer demand.
Opportunity Analysis
Acquire a rare oceanfront compound in Laguna Beach Village that offers immediate lifestyle value and optional income or multi-generational use; value derives primarily from location and direct beach access, with upside from targeted interior/exterior enhancements and optimized marketing to luxury coastal buyers.
Potential Use Scenarios
- Market aggressively to high-net-worth buyers, private networks and international brokers emphasizing direct beach access and privacy.
- Confirm and document permitted uses and rental rules; if short-term rentals are permissible, establish STR operational plan (subject to local restrictions).
- Consider selective cosmetic upgrades to the largest unit and outdoor entertaining spaces to increase effective marketability and justify premium pricing.
Risk Factors
- Potential coastal commission restrictions on alterations or sea wall/shoreline work.
- Title or easement issues around beach access or shared rights should be reviewed.
- Occupancy and rental restrictions by City of Laguna Beach may limit STR monetization.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$15000K
Midpoint
$16750K
High
$18500K
$2809/SF estimated price per square foot
Estimate anchored to the listing price ($16,995,000) and AVM ($15.31M) with a +/- range reflecting premium for direct oceanfront and unique multi-residence configuration. No live comparable sales search performed; local luxury oceanfront market dynamics and recent luxury sales inform the range.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Laguna Beach is a mature coastal community with limited land supply. Population growth is slow; price growth in luxury coastal properties has historically outpaced regional averages due to scarcity.
Nearby Points of Interest
- Main Beach (0.2 mi)
- Heisler Park (0.3 mi)
- Montage Laguna Beach (0.7 mi)
Immediate access to Laguna Beach Village galleries, restaurants and coastal trails; world-class resorts and beaches within walking distance; arts- and tourism-oriented neighborhood character.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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