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An active, transferable nightly short term lodging permit and sweeping 180-degree ocean views set this beautifully renovated Laguna Beach residence apart. Located on the west side of Coast Highway, the home is just one block from renowned Woods Cove Beach. Spanning approximately 3,043 square feet across three levels on a 4,000-square-foot lot, the home offers four bedrooms, four bathrooms, and expansive living spaces oriented toward the Pacific. The property combines comfortable coastal living with an uncommon degree of flexibility. Sound-insulated walls help reduce road noise, while the private backyard with jacuzzi, owned solar, EV charging, one-car garage, additional driveway space, and six City of Laguna Beach street parking permits add to the home’s functionality. The ground level features a dedicated retail suite with a true storefront presence, creating an opportunity for professionals or creative businesses. The space is currently leased month to month, providing immediate income while preserving flexibility for future use. The short term lodging permit is part of Laguna Beach’s strictly capped inventory and runs with the land. Whether used for occasional rentals, to generate income while traveling, or more extensively in the future, the permit provides an additional income opportunity that is increasingly difficult to replicate. With panoramic ocean views, multiple levels of living space, an existing commercial component, and two distinct avenues for generating income, 1953 S Coast Hwy offers a rare combination of lifestyle and flexibility in Laguna Beach.
Listing agent: Andrea Ballesteros DRE #01246320 andrea@ballesterosgroup.com, Listing office: Coldwell Banker Realty
MLS data updated 10/16/2026, 9:55:54 PM PT
Source: CRMLS, MLS #: LG26217146
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 6, 2026
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This home · nearest recorded event
$4,995,000Original asking price · Oct 6, 2026ZIP 92651 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.