241 - 243- 245 WAVE. LARGE, LUXURY TRIPLEX. FLAWLESS CONTEMPORARY, FULLY REINVISIONED/RENOVATED MASTERPIECE PREMIER NORTH LAGUNA LOCATION, CLOSE TO SHAWS COVER/CRESCENT BAY, BEACHES, PARKS, SHOPS, RESTAURANTS, ETC. 3 LARGE UNITS WITH EXPANSIVE OCEAN VIEWS ON NEARLY DOUBLE LOT, QUIET STREET. ULTIMATE FAMILY COMPOUND OR 3 LUXURY PENTHOUSE-STYLE APARTMENTS ON HUGE LOT WITH MANICURED, IMPECCABLY DESIGNED, FULLY GATED GROUNDS. TWO 3BD/2.5 BA LUXURY UNITS WITH FIREPLACE, ONE 2BD/2.5BATH PENTHOUSE WITH VIEWS. 5 GARAGES PLUS 6 ADD'L OFFSTREET PRIVATE PARKING SPACES. BUILT FOR OWNER'S FAMILY AS A "FOREVER" INVESTMENT, NO EXPENSE WAS SPARED OR DETAIL OVERLOOKED. CUSTOM CABINETRY THROUGHOUT, TAJ MAHAL STONE COUNTERS, CUSTOM BATHS, ALL NEW: ELECTRICAL (INCLUDING NEW UNDERGROUND AND PANEL), PLUMBING (INCLUDING MAIN LINE, PEX), HVAC (INCLUDING CENTRAL AIR IN EACH UNIT), FIRE SPRINKLERS, DECKS, "FLOATING" IRON STAIRWAYS, SMOOTH STUCCO, STONE FIREPLACES, DUCHATEAU WOOD FLOORING, OPEN BEAM CEILINGS, EXPANSIVE "LA CANTINA" WALLS OF GLASS OPEN TO OVERSIZED DECKS, TWO CUSTOM FIREPITS, CUSTOM HARDSCAPE & LANDSCAPE. CODED GATES, 5 GARAGE SPACES FULLY FINISHED INCLUDING EPOXY FLOORING. EV VEHICLE CHARGERS IN EACH GARAGE. TANKLESS WATER HEATERS. EXPANSIVE OCEAN VIEWS. TOTAL PRIVACY AND LARGE LOT WITH BOTH PRIVATE AND COMMUNITY GATHERING SPACES. EACH UNIT COMES WITH IT'S OWN NEW LG WASHTOWER LAUNDRY UNIT. TOO MANY DETAILS TO LIST. INTERIOR FINISHES/TILE/LIGHTING DESIGNED BY TUVALU HOME. EACH UNIT HAS OPEN KITCHEN/GREAT ROOM CONCEPT WITH LARGE CENTRAL ISLAND. EACH UNIT HAS A DESIGNER POWDER ROOM. PRICED BELOW REPLACEMENT COST THE RENOVATION TOUCHED EVERY ELEMENT OF THE STRUCTURE AND PROPERTY AND TOOK 2 YEARS TO COMPLETE. SOFT-WHITE SMOOTH STUCCO WITH BLACK ACCENTS, NEW BLACK STANDING SEAM ROOF. LITERAL PERFECTION AND THE FINEST MULTI-UNIT PROPERTY IN LAGUNA BEACH. ALL UNITS ARE BRAND NEW, NEVER OCCUPIED AND READY FOR A NEW OWNER.
Sold for $6,555,000
Listing Provided by: Berkshire Hathaway HomeServices California Properties
Bought with: Team Laguna Inc
$6,555,000
245 Wave St, Laguna Beach, CA 92651
8beds
9baths
4,000sqft
Triplex
Built in 2024
-- sqft lot
$-- Zestimate®
$1,639/sqft
$6,399 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,399/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Mark Christy DRE #00776546 mark@hobie.com,
Berkshire Hathaway HomeServices California Properties,
Tyler Alter DRE #02126524 949-371-3085,
Berkshire Hathaway HomeServices California Properties
Bought with:
Danielle Purcell, DRE #01063725
Team Laguna Inc
Source: CRMLS,MLS#: LG24236294
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Gas Cooktop, High Efficiency Water Heater, Range Hood, Tankless Water Heater, Water To Refrigerator, Dryer, Washer
- Laundry: Inside, See Remarks
Features
- Beamed Ceilings, Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Wired for Sound
- Flooring: Tile, Wood
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 11
- Parking features: Assigned
- Garage spaces: 5
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Excellent Condition,New Condition,See Remarks
- Has view: Yes
- View description: Catalina, Coastline, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
Lot
- Size: 7,538 sqft
- Features: Back Yard, Front Yard, Garden, Gentle Sloping, Sprinklers In Front, Level, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Street Level
Details
- Parcel number: 05314323
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Custom,See Remarks
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Plaster, Stone, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Turnkey
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Fire Detection System, Fire Sprinkler System, Smoke Detector(s), Security Lights
Community
- Community features: Hiking, Storm Drain(s), Sidewalks
Location
- Region: Laguna Beach
- Subdivision: North Laguna (Nl)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Listing removed | $15,000$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/23/2025 | Listed for rent | $15,000$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/11/2025 | Sold | $6,555,000-3.5%$1,639/sqft |
Source:  CRMLS #LG24236294 Report a problem | ||
| 2/13/2025 | Contingent | $6,795,000$1,699/sqft |
Source: CRMLS #LG24236294 Report a problem | ||
| 12/9/2024 | Price change | $6,795,000-2.2%$1,699/sqft |
Source: CRMLS #LG24236294 Report a problem | ||
| 11/19/2024 | Listed for sale | $6,950,000+82.9%$1,738/sqft |
Source: CRMLS #LG24236294 Report a problem | ||
| 10/7/2022 | Sold | $3,800,000$950/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $48,070 +11.5% | $4,457,656 +11.2% |
| 2024 | $43,112 +4.2% | $4,010,239 +5.5% |
| 2023 | $41,393 +213.6% | $3,800,000 +267.8% |
| 2022 | $13,199 +3% | $1,033,147 +2% |
| 2021 | $12,813 +2.2% | $1,012,890 +1% |
| 2020 | $12,532 | $1,002,505 +2% |
| 2019 | $12,532 +2.2% | $982,849 +2% |
| 2018 | $12,257 +4.8% | $963,578 +2% |
| 2017 | $11,700 | $944,685 +2% |
| 2016 | $11,700 +2.3% | $926,162 +1.5% |
| 2015 | $11,434 +4.2% | $912,251 +2% |
| 2014 | $10,971 | $894,382 +0.5% |
| 2013 | -- | $890,340 +2% |
| 2012 | -- | $872,883 +2% |
| 2011 | -- | $855,768 +0.8% |
| 2010 | -- | $849,373 -0.2% |
| 2009 | -- | $851,392 +2% |
| 2008 | -- | $834,699 +2% |
| 2007 | -- | $818,333 +2% |
| 2006 | -- | $802,288 +2% |
| 2005 | -- | $786,557 +2% |
| 2004 | -- | $771,135 +1.9% |
| 2003 | -- | $757,002 +2% |
| 2002 | -- | $742,159 +2% |
| 2001 | $8,999 +10% | $727,607 +7.8% |
| 2000 | $8,181 | $675,000 |
Find assessor info on the county website
Neighborhood: 92651
Nearby schools
GreatSchools rating
- 7/10El Morro Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10Thurston Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Laguna Beach High SchoolGrades: 9-12Distance: 1.2 mi
- California
- Orange County
- Laguna Beach
- 92651
- 245 Wave St
Nearby cities
Nearby zip codes
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