$13,000,000

WHERE OCEANFRONT LIVING MEETS EXCEPTIONAL POSSIBILITY. A rare opportunity to own an extraordinary oceanfront compound in the heart of Laguna Beach's coveted HIP District, where private beach access, panoramic Pacific views and exceptional walkability come together in one remarkable coastal property. Positioned on a rare double lot exceeding 10,000 square… Read More feet with approximately 50 feet of coastal frontage, the property sits above Cress Cove with sweeping ocean views and its own private stairway directly to the sand and shoreline below. Morning walks on the beach, sunset dinners overlooking the Pacific and spontaneous surf sessions become part of everyday life. Just as compelling is what lies beyond the gates. The property is anchored by a standalone four-bedroom main residence plus office overlooking the ocean, complemented by three attached two-bedroom, two-bath condominium residences surrounding a private pool terrace. A bonus flex space and pool house create yet another opportunity for a gym, wellness space, media room, creative studio or private retreat. Together, the residences create tremendous flexibility. Envision a private multi-generational coastal compound where family and guests have their own accommodations; an artist's retreat with dedicated studios and creative workspaces; private offices steps from the ocean; or an income-producing property with multiple rental residences. For an investor or developer, the scale, configuration and double-lot setting present an equally compelling long-term opportunity, subject to applicable approvals and regulations. A four-car garage and multiple addresses add another level of functionality rarely found along the Laguna Beach coastline. And then there is the location.Leave the car behind and experience one of Southern California's most celebrated coastal communities on foot. The property is moments from Pacific Coast Highway, the Surf & Sand Resort and the restaurants, cafes, boutiques, galleries and everyday conveniences of Laguna Beach's HIP District, while still offering the privacy of a gated oceanfront enclave.Oceanfront land of this scale is scarce. Oceanfront land with direct beach access, multiple residences, a pool and exceptional walkability is rarer still. Whether envisioned as a legacy family compound, creative coastal retreat, income-producing investment or the foundation for a future oceanfront vision, 1337 Gaviota Drive represents an opportunity that is exceedingly difficult to duplicate. 1337 GAVIOTA DRIVE | LAGUNA BEACH Offered at $13,000,000. Buyer to independently verify square footage, lot size, unit configuration, rental potential, permitted uses, development potential, beach access, and all other property information with the appropriate professionals and governmental authorities. Read Less

Property listed by The Agency, Margaux Gibson 424-230-3700

Listing Snapshot

Days Online

Last Updated

Oct 29, 2026

Property Type

SingleFamilyResidence

Beds

Full Baths

Square Ft.

4,500

Lot Size

0.24 Acres

Year Built

1972

MLS Number

26996409

Additional Details

Appliances & Equipment

Barbecue, BuiltIn, ConvectionOven, Disposal, GasOven, Range, Refrigerator, RangeHood, VentedExhaustFan, Dryer, Washer

Building

Built in 1972, Living area: 4500.0, Building faces West, 2 stories, Levels: Two, Entry location: Ground Level w/steps, Construction Materials: Stucco

Community

Gated

Cooling

WallWindowUnits

Doors

DoubleDoorEntry, FrenchDoors, SlidingDoors

Exterior Features

Patio/Porch Features: Open, Patio, RainGutters

Fence

Glass, Partial, StuccoWall

Fireplaces

Gas, LivingRoom

Floors

Stone

Garage

4 spaces

Heating

ForcedAir

Interior Features

BreakfastBar, CeilingFans, EatInKitchen, LivingRoomDeckAttached, OpenFloorplan, RecessedLighting, Storage, WalkInClosets

Laundry

LaundryRoom

Lot

0.24 acres, Dimensions: 50x210, FrontYard, Yard

Parking

2 open parking spaces, 6 total parking spaces, Driveway, Garage, GarageDoorOpener, Private, SideBySide, Uncovered

Pool

InGround, Private

Property

UpdatedRemodeled, Bluff, Catalina, CityLights, Coastline, Ocean, Panoramic

Security Features

CarbonMonoxideDetectors, GatedCommunity, SmokeDetectors

Taxes

Additional parcels description:, Parcel Number: 64421610, Zoning: R-2

Utilities

OverheadUtilities

Water Features

BeachAccess, BeachFront, OceanAccess, OceanFront

Windows

CustomCoverings, PlantationShutters, Skylights

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