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1337 Gaviota Dr
For Sale $17,000,000
$17,000,000
- 4 Units
- Unknown Sq Ft
- 10,454 Sq Ft
- Unknown Cap Rate
Description
“Where Vision Meets the View” | Laguna Beach Oceanfront Investment Compound
(Ideal for 1031 Exchange | Multi-Family | Development Opportunity)
Some assets redefine what’s possible. This one does both delivering immediate income, long-term upside, and irreplaceable oceanfront frontage in the heart of Laguna’s legendary HIP District.
Perched above the sand on a rare double blufftop lot exceeding 10,000 sq ft, this property offers 50 ft. of linear ocean frontage and a private staircase directly to Cress Cove putting you front row to one of the most iconic coastlines in the world.
The Property --
Detached SFR: 4 Bedrooms + Office | 4 Baths | No shared walls
Three Condos: Each 2 Bedrooms | 2 Baths - ideal for luxury leasing or long-term income
Bonus Level: Flexible pool house / studio / gym / media retreat with potential to become a 5th legal unit
Private Pool Terrace + 4-Car Garage
Multiple Addresses + Gated Compound Layout
Investment Highlights --
Four existing income producing residences with diverse use potential
Bonus space with 5th unit potential adds immediate value add opportunity
1031 exchange ready with strong (income to land) value ratio
Redevelopment upside: One of the few oceanfront double lots zoned for multi-family/multi-address use
Prime location: Steps to Surf & Sand Resort, art galleries, cafés, and the cultural heart of Laguna Village
Whether held as a cash flowing investment, repositioned as a boutique oceanfront portfolio, or reimagined as a trophy redevelopment, this property is a once in a generation acquisition for those who understand that true oceanfront land is the rarest asset of all
Where vision meets the view and opportunity meets the ocean!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $17,000,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 3 spots |
| Year Built | 1972 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 64421610 |
| MLS # | OC25247807 |
| Property ID | 322303518 |
| Lot Sqft | 10,454 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 107 |
| Original List Price | $17,000,000 |
| Date Updated | November 30, 2025 |
| Date Created | October 24, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Nick Brown an agent of . Lic #01858632
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 30, 2025 The information being provided is 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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Robert Crawford
REAL ESTATE AGENT