Perfectly positioned just moments from the sands of Victoria Beach in South Laguna, this rare coastal triplex offers exceptional flexibility, ocean views, and compelling income potential in one of Orange County’s most desirable seaside enclaves. Ideal as a lifestyle investment, vacation getaway, or long-term hold with strong upside, the property is uniquely configured with three independent living spaces, each featuring full kitchens and living areas. An increasingly rare opportunity near the beach.
The upper residence enjoys sweeping Pacific Ocean and Catalina Island views through expansive windows, creating a light-filled retreat with two bedrooms, one bath, a cozy fireplace, and a front-row seat to coastal sunsets. Below, a one-bedroom, one-bath residence with a charming loft provides additional versatility, while a detached one-bedroom cottage offers a private escape complete with its own stone patio and sun-drenched deck . Ideal for guests or rental use.
Throughout the property, open-beam ceilings, abundant natural light, wood flooring, and inviting architectural details add warmth and timeless character. Two single-car garages provide valuable off-street parking. An undeniable asset this close to the sand.
Whether enjoyed as a full-time residence with supplemental income, a multi-generational compound, or a pure investment play, the property offers multiple revenue streams and strong ARV potential in a premier coastal setting. Located just minutes from the Montage Resort, Victoria Beach with its iconic Pirate’s Tower, acclaimed restaurants, art galleries, and boutiques of downtown Laguna Beach, this is a rare opportunity to own a versatile, income-producing asset while embracing the quintessential Laguna Beach lifestyle.
Listed by David Espino
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License #02014458
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Coldwell Banker Realty
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949-547-5181
Last updated January 28, 2026
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Source: CRMLS #NP25196752
Listing Facts
TypeSingle-family
NeighborhoodVictoria Beach
Bedrooms4
Bathrooms3
Days on Prevu150
Size2,191 sqft
Price per sqft$1,960
Amenities
Dishwasher
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
01/28/2026
Price Decreased
$4,295,000
10/29/2025
Status changed to Active
$4,495,000
10/22/2025
Status changed to Removed from Feed
$4,495,000
10/18/2025
Status changed to Active
$4,495,000
10/17/2025
Status changed to Removed from Feed
$4,495,000
10/05/2025
Status changed to Active
$4,495,000
10/03/2025
Status changed to Removed from Feed
$4,495,000
09/18/2025
Status changed to Active
$4,495,000
09/17/2025
Status changed to Removed from Feed
$4,495,000
09/03/2025
Listed by Coldwell Banker Realty
$4,495,000
Property Details for 2838 Wards Terrace
Association
Amenities
Community Features: Curbs, Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Stories: 2
Stories Total: 2
Structure Type: House
Year Built: 1940
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Features
Patio And Porch Features: Deck, Patio
Road Frontage Type: City Street
View: Coastline, Ocean, Water
Waterfront Features: Beach Access
Measurements
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.05
Lot Size Area: 2,250
Lot Size Source: Appraiser
Lot Size Square Feet: 2,250
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 65615169
Interior
Features
Appliances: Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Refrigerator
How many bedrooms and bathrooms does this single-family home have?
There are 4 bedrooms and 3 bathrooms in this single-family home at 2838 Wards Terrace.
What schools are nearby to 2838 Wards Terrace?
Nearby schools include the El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.
Does this single-family home have parking?
Yes, there are 2 parking spaces available for 2838 Wards Terrace.
How does 2838 Wards Terrace compare to other single-family homes in Victoria Beach?
This single-family home is listed 59% below the average price for single-family homes in Victoria Beach and has been on the market for 50 more days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,191 sqft.
2838 Wards Terrace is a 4-bedroom, 3-bath single-family home for sale in Laguna Beach CA 92651. Available on Prevu for 150 days at $4,295,000. This includes a recent price decrease of $200,000. This property features 2,191 square feet of living space, located in Victoria Beach. The median listing price for single-family homes in this area is $7,345,000. Nearby schools include El Morro Elementary School, Thurston Middle School, and Laguna Beach High School. Property amenities include private outdoor space, dishwasher, and parking. Explore more single-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.