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A rare opportunity to acquire a distinctive freestanding commercial property in the heart of downtown Laguna Beach. Located at 312 Ocean Avenue, this restored cottage-style building offers prominent street presence and full-building identity, just steps from Main Beach, Forest Avenue, restaurants, galleries, and shopping. An appealing opportunity for an investor seeking a leased commercial property or an owner-user planning a future business location. Architectural details include arched windows, a Dutch entry door, and exposed wood-beam ceilings, creating an inviting setting for a boutique retail concept, gallery, creative office, or artisan business, subject to City approvals. The main commercial space features a single-level layout, complemented by a private courtyard garden and a separate rear studio structure with a kitchenette and adjacent bathroom. The property includes approximately 1,000+ square feet of total improvements, subject to buyer verification, and is directly across from the Peppertree public parking lot, providing convenient access for customers and visitors. A distinctive opportunity for an owner-user or investor seeking a character-rich property within Laguna Beach's walkable downtown coastal district. Buyer to independently verify square footage, zoning, permitted uses, and all property information.
Listing agent: Kenneth Robertson DRE #01136936 krcrei@gmail.com, Listing office: Cove Canyon Realty
MLS data updated 10/23/2026, 2:15:23 AM PT
Source: CRMLS, MLS #: LG26215934
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 24, 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
$3,000,000Original asking price · Feb 24, 2026ZIP 92651 · Feb 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.