Welcome to your dream coastal lifestyle and premier investment opportunity at 2937 Terry Road, an exceptional beach-cottage duplex in the highly coveted Victoria Highlands neighborhood of South Laguna Beach. Perfect for an income-generating property, a multi-generational sanctuary, or an owner-occupant looking to live in one and rent the other, this versatile multi-family residence features a distinct one-unit-up, one-unit-down layout with ocean views from both levels. The upper unit boasts soaring vaulted ceilings and exposed wood beams full of character, while the expansive lower unit offers direct access to a beautifully manicured backyard, complete with a cozy gas fire pit and a dedicated outdoor dining area perfect for al fresco entertaining. Embracing the true essence of Southern California living, this property balances a peaceful neighborhood setting with effortless proximity to Laguna's world-famous amenities. Just a short distance away lies the pristine shoreline of Victoria Beach, home to the iconic pirate tower, easily accessible via a convenient pedestrian tunnel under Coast Highway. Residents will enjoy being moments from the legendary Montage Resort for five-star dining and cliffside sunsets, as well as the newly built Laguna Beach Community & Recreation Center for fitness and local events. Highlighting the unmatched convenience of this location, a nearby stop for the complimentary Laguna Beach trolley makes exploring the vibrant downtown village, upscale boutiques, and renowned art galleries entirely effortless. Discover a spectacular chance to capture the ultimate beach lifestyle and secure a prime piece of real estate in one of the world's most beautiful coastal destinations.
47 days
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Zillow last checked:
Listing updated:
Listed by:
Lance NassauDRE #01956545562-714-3845,
Think Boutiq Real Estate
Source: CRMLS,MLS#: OC26120844Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 3
Cooling
Zoned
Appliances
Laundry: Laundry Closet, Outside
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 1,118
Total interior livable area: 1,118 sqft
Property
Parking
Total spaces: 3
Parking features: Garage
Garage spaces: 2
Uncovered spaces: 1
Features
Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: Coastline, Ocean
Has water view: Yes
Water view: Coastline,Ocean
Lot
Size: 2,614 Square Feet
Features: Back Yard
Details
Parcel number: 65616309
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Attached to another structure: Yes
Condition
New construction: No
Year built: 1927
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Street Lights, Sidewalks
Subdivision: South Laguna Village (Slv)
Location
Region: Laguna Beach
Financial & listing details
Price per square foot: $2,325/sqft
Tax assessed value: $1,109,939
Annual tax amount: $13,110
Date on market: 6/11/2026
Cumulative days on market: 48 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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