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2851 Terry Rd, Laguna Beach, CA, 92651

3beds
4baths
1,897sqft
$3,695,000
$1,948price/sqft
$22,938/moest. monthly cost
$917,520/yrincome needed

About This Home

This newly built coastal cottage and ADU blends early American architectural charm with the comfort and efficiency of modern construction, offering a versatile retreat suited for full-time living, a second home, or a design-driven getaway. Brick and wood siding create a timeless exterior, while interiors feature exposed beams, marble and soapstone counters, custom cabinetry, extensive built-ins, and solid oak flooring. High-quality craftsmanship and ocean views define the home throughout. The main two-bedroom cottage centers around the original wood-burning fireplace. Both bedrooms include en-suite bathrooms, and the kitchen and living room are oriented toward the water to capture natural light and sea breezes. The English-inspired kitchen pairs classic detailing with modern amenities and luxury appliances — including Sub-Zero, Wolf, Miele, and Thermador — and opens toward the coastline for effortless indoor-outdoor living. Upstairs, intimate bedrooms with sloped ceilings overlook the shoreline, offering peaceful vantage points for sunrise and quiet evenings by the sea. A separate one-bedroom ADU adds flexibility — ideal for guests, extended family, long-term stays, or a private studio or workspace — and is equipped with its own suite of luxury appliances and a charming coastal outlook. Multiple decks perched above the coast and brick walkways complete the property, creating inviting spaces for entertaining or simply enjoying the ocean views.

Getting Around

48
WalkingCar-Dependent
40
TransitSome Transit
26
BikeSomewhat Bikeable

Schools

7/10
8/10
Thurston Middle SchoolGrades 6-82.0 mi
10/10
Laguna Beach High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Additions/Alterations,Building Permit
  • New construction: Yes
  • Year built: 1938

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Shake
  • Construction materials: Board & Batten Siding,Brick,Lap Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Colonial,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Dishwasher,Free-Standing Range,Freezer,Disposal,Gas Range,High Efficiency Water Heater,Ice Maker,Refrigerator,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Sump Pump
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Inside,Stacked

Basement

  • Basement: Sump Pump

Bathroom

  • Features: Bathtub,Dual Sinks,Linen Closet,Stone Counters,Remodeled,Tub Shower,Upgraded,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Beamed Ceilings,Wet Bar,Built-in Features,Balcony,Dry Bar,Living Room Deck Attached,Open Floorplan,Stone Counters,Recessed Lighting,Primary Suite,Walk-In Closet(s)
  • Door features: French Doors,Mirrored Closet Door(s)
  • Window features: Casement Window(s),Double Pane Windows
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Ductless,Electric,Heat Pump
  • Cooling features: Central Air,Ductless,Electric

Interior Area

  • Total interior livable area: 1,897 sqft

Kitchen

  • Features: Kitchen Island,Stone Counters,Self-closing Cabinet Doors,Self-closing Drawers

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 65616413
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: Street level, down steps/1
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: Rain Gutters,Brick Driveway
  • Fencing: Wood
  • Has view: Yes
  • View description: Neighborhood,Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 2,550 sqft
  • Features: Garden,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Garage
  • 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
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Landslide
Wildfire
Heat Wave
Inland Flooding

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $18,683$224,196
Home Insurance *$572$6,864
Property Taxes $3,277$39,324
Electricity $406$4,881
Total$22,938$275,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$786,445/yr
40% on housing$688,140/yr
45% on housing$611,680/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,948This listing

vs Other Active Listings

Avg $/sqft

ZIP 92651$2,112
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92651$1,559
Orange County$707

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

DateEventPrice
2026-05-02Listed for sale$3,950,000
2015-07-15Listing removed$1,195,000
2015-06-05Price change$1,195,000
2015-05-27Listed for sale$1,249,000
2003-09-24Sold$652,500
2003-06-12Sold$600,000

New Construction

AgentSheri Matigian
BrokerageStuga Properties

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