1337 Terrace Way

Laguna Beach, CA
$ 3,395,000 Beds 4 Baths 3.5 Sq 3,200
Monthly Estimate* How much can I afford?

Situated on an expansive, private lot perched just above the Village in Lower Temple Hills, this home presents an exceptional opportunity to transform a spacious residence in an incredible setting. Showcasing breathtaking sit-down ocean and canyon views, the home spans approximately 3200 square feet and features four bedrooms plus a lower-level bonus room or potential mother-in-law suite complete with its own entrance, bathroom, kitchenette, and covered patio and deck area with unforgettable views. The expanded kitchen and sunroom area were thoughtfully designed to take full advantage of the spectacular views, while an expansive deck offers the perfect setting for entertaining against the stunning coastal backdrop. Generous square footage, a flexible floor plan, and an exceptional homesite provide the foundation to create something truly special. Ideally located just moments from downtown Laguna Beach and the renowned beaches that make this community so special.

Active

  • Price
  • $ 3,395,000
  • City
  • Laguna Beach
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Orange
  • Half Bathrooms
  • 1
  • Area
  • Laguna Village
  • Lot Size
  • 0.1693 Acres
  • Zip
  • 92651
  • Sqr Footage
  • 3,200
  • Year Built
  • 1968
  • Style
  • MLS#
  • LG26146378
Listed By: Andrea Ballesteros with Coldwell Banker Realty; 949-690-5159
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 3200
Sewer Public Sewer
Heating Central
Cooling None
Appliances Built-In Range,Double Oven,Gas Range,Refrigerator
Garage Spaces 2
Patio/Porch Features Covered,Deck,Patio
Pool Features None
Year Built 1968
View Canyon,Ocean,Water
Levels Three Or More
Property Subtype Single Family Residence
Waterfront Features Ocean Side Of Freeway
Community Features Curbs
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Temple Hills (TH)
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Temple Hills to Cerritos, right on Cerritos, left on Terrace Way to home on right.
High School Laguna Beach
City Laguna Beach
Entry Location 1
Senior Community Y/N false
High School District Laguna Beach Unified
Open Parking Spaces 2
Number Of Units Total 1
MLS Area LV - Laguna Village
Lot Size Units Square Feet
Lot Size Square Feet 7373
Listing Terms Cash,Cash to New Loan,Conventional
Spa Features None
Elementary School Top Of The World
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Thurston
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Tax Lot 15
Property Sub Type Additional Single Family Residence
PostalCity LAGUNA BEACH

Interior Features

Interior Amenities Ceiling Fan(s),Granite Counters,In-Law Floorplan,Recessed Lighting,All Bedrooms Up
Fireplace Features Bonus Room,Living Room
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Inside,In Garage
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 4
Main Level Bathrooms 1
LivingAreaSource Estimated
Total Baths 4

Exterior Features

Exterior Amenities Lighting,Rain Gutters
Parking Features Driveway,Garage
Water Source Public
Total Parking 4
Lot Size Area 7373
Spa false
Lot Size Acres 0.1693
Private Pool false
Lot Size Source Assessor
Door Features French Doors,Mirrored Closet Door(s),Sliding Doors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Top Of The World Elementary School
Middle School Thurston Middle School
High School Laguna Beach High School

Price History

7/7/2026 Listed $3,395,000

Property vs Zip Code Average in 92651

Price
AVG $8.85M
$3.4M
Year Built
AVG 1976
1968

In The Neighborhood

Areas That We Cover

1337 Terrace Way Laguna Beach, CA is a Single Family Home for sale at $3395000 with 3200 sqft and a lot size of 0.1693 Acres Acre(s). 1337 Terrace Way Laguna Beach has 4 bedrooms, 3 baths and was built in 1968. The property's zip code is 92651 which is in Laguna Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

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