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Live the Laguna Beach lifestyle—without the Laguna Beach price tag! This 2-bedroom, 2-bath home in the ocean-view community of Laguna Terrace offers stunning ocean and canyon views in one of Southern California’s most iconic coastal settings. Located in South Laguna Beach, just across Coast Highway from the world-renowned Montage resort and beautiful sandy beaches, this home puts you right in the heart of it all—close by the ocean, sunset views, and easy access to local shops and dining. Just recently painted inside and out, new finished kitchen cabinets, and new laminate wood flooring! Laguna Terrace is a land lease community, offering a unique and more accessible way to enjoy coastal living. With a monthly land lease of $5,408/month with annual increases of 3% or CPI (whichever is greater). There are no traditional property taxes, this is a great opportunity for buyers looking for a different path to homeownership in an area where prices are typically much higher. Whether you're looking for a full-time residence or a beachside getaway, this home invites you to think a little differently—and live a lot better. Laguna Terrace residents enjoy access to resort-style amenities including a pool, spa, fitness center, and clubhouse. Home Serial #'s:17615128AP/BP
Listing agent: Patricia McMillan DRE #02022705 pattymcmillan@bhhscal.com, Listing office: Berkshire Hathaway Home Services
MLS data updated 10/31/2026, 8:40:36 AM PT
Source: CRMLS, MLS #: OC26075434
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 11, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$315,000Asking price recorded · Sep 11, 2026ZIP 92651 · Sep 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.