




2838 Wards Ter, Laguna Beach, CA, 92651
About This Home
Perfectly positioned just moments from the sands of Victoria Beach in South Laguna, this rare coastal triplex offers exceptional flexibility, ocean views, and compelling income potential in one of Orange County’s most desirable seaside enclaves. Ideal as a lifestyle investment, vacation getaway, or long-term hold with strong upside, the property is uniquely configured with three independent living spaces, each featuring full kitchens and living areas. An increasingly rare opportunity near the beach. The upper residence enjoys sweeping Pacific Ocean and Catalina Island views through expansive windows, creating a light-filled retreat with two bedrooms, one bath, a cozy fireplace, and a front-row seat to coastal sunsets. Below, a one-bedroom, one-bath residence with a charming loft provides additional versatility, while a detached one-bedroom cottage offers a private escape complete with its own stone patio and sun-drenched deck . Ideal for guests or rental use. Throughout the property, open-beam ceilings, abundant natural light, wood flooring, and inviting architectural details add warmth and timeless character. Two single-car garages provide valuable off-street parking. An undeniable asset this close to the sand. Whether enjoyed as a full-time residence with supplemental income, a multi-generational compound, or a pure investment play, the property offers multiple revenue streams and strong ARV potential in a premier coastal setting. Located just minutes from the Montage Resort, Victoria Beach with its iconic Pirate’s Tower, acclaimed restaurants, art galleries, and boutiques of downtown Laguna Beach, this is a rare opportunity to own a versatile, income-producing asset while embracing the quintessential Laguna Beach lifestyle.
Getting Around
Schools
Construction
Condition
- Year built: 1940
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Appliances included: Dishwasher,Freezer,Gas Cooktop,Disposal,Gas Range,Refrigerator
- Laundry features: In Garage
Bathroom
- Features: Separate Shower,Walk-In Shower
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Features
- Beamed Ceilings,Balcony,Crown Molding,Dry Bar,Separate/Formal Dining Room,Recessed Lighting
- Door features: Mirrored Closet Door(s),Sliding Doors
- Flooring: Tile,Vinyl,Wood
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Fireplace(s),Wall Furnace
- Cooling features: None
Interior Area
- Total interior livable area: 2,191 sqft
Property
Details
- Parcel number: 65615169
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two,Multi/Split
- Stories: 2
- Entry location: 1
- Pool features: None
- Patio & porch: Deck,Patio
- Spa features: None
- Has view: Yes
- View description: Coastline,Ocean,Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
- Waterfront features: Beach Access
Lot
- Lot size: 2,250 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 2
- Parking features: Door-Single,Garage,Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Wildfire
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,729 | $272,748 |
| Home Insurance * | $696 | $8,352 |
| Property Taxes | $4,539 | $54,468 |
| Electricity | $469 | $5,637 |
| Total | $28,433 | $341,196 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $4,495,000 |
| 2026-01-28 | Price change | $4,295,000 |
| 2025-04-16 | Listed for sale | $4,495,000 |
| 2022-03-02 | Listing removed | -- |
| 2022-02-10 | Listed for rent | $2,595 |
| 2021-09-20 | Listing removed | -- |
| 2021-08-18 | Listed for sale | $4,695,000 |
| 2021-03-19 | Listing removed | -- |
| 2021-02-03 | Listed for sale | $4,995,000 |
| 2021-01-11 | Listing removed | -- |
| 2020-09-20 | Listed for sale | $4,995,000 |
| 2019-05-10 | Listing removed | $1,995 |
| 2019-04-13 | Listed for rent | $1,995 |
| 2018-01-27 | Listing removed | $4,295 |
| 2018-01-15 | Listed for rent | $4,295 |
| 2017-03-03 | Listing removed | $2,595 |
| 2017-01-31 | Listed for rent | $2,595 |
| 2015-12-20 | Listing removed | $3,750 |
| 2015-11-24 | Price change | $3,750 |
| 2015-10-15 | Listed for rent | $4,850 |
| 2000-05-11 | Sold | $720,000 |
