222 Wave St

Laguna Beach, CA 92651
  • $2,799,000

    Price
  • 7

    Bed
  • 6

    Bath
  • 2,204

    SqFt

About the Listing H03205 - SKANOMAT,OCROACTIM

Welcome to 222 Wave Street, a once-in-a-generation opportunity in the heart of North Laguna Beach. Nestled just off Pacific Coast Highway and moments from the iconic shores of Shaw’s Cove and Crescent Bay, this exceptional coastal triplex/SFR multifamily combo—complete with a bonus studio—has been cherished by the same family for nearly 40 years. Not offered for sale since the 1980s, it now presents a rare chance to own a piece of paradise in one of Laguna's most coveted areas. Set on an expansive lot with two distinct buildings, the front structure features three spacious units. On the upper level, a two-bedroom, two-bath home boasts unobstructed ocean views. Whether you're relaxing in the living room or enjoying the sunset on the private deck, the endless ocean is your constant backdrop. Inside, the vaulted beamed ceilings elevate the open-concept living room and kitchen and offers two bedrooms and two updated bathrooms. Below, the ground-floor three-bedroom, two-bath unit is ideal for those who prefer single-level living without compromising proximity to the ocean. Between the two buildings lies a sitting area, a tranquil courtyard setting perfect for morning coffee or entertaining guests. At the rear of the property, the second building is an SFR with a one-bedroom, one-bath unit with a bonus loft—an ideal spot for an additional sleeping area or storage. Tucked behind is a fully equipped bonus studio featuring its own kitchenette, bathroom, and lofted sleeping space. The property has been thoughtfully improved over the years with modern touches, including updated flooring, quartz countertops, stainless steel appliances, custom shaker cabinetry, custom tile backsplashes, shower finishes, new vanities, recessed lighting, windows, sliding doors, and more. The updates blend effortlessly with the home's original character, preserving its classic Laguna charm while offering contemporary comfort. Adding even more value and convenience, 222 Wave includes an oversized front driveway—an incredibly rare feature in this neighborhood—with parking for up to four vehicles. Whether you're looking for an income property, a vacation home, or a combination of both, this Laguna gem is an extraordinary find. Just a short stroll from world-class beaches, renowned dining, boutique shopping, and beloved local events like the Pageant of the Masters and Sawdust Festival, the best of Laguna Beach truly surrounds you.

Listing Highlights for 222 Wave St

Status Active With Contingency
Days on Site 94
Property Type Residential
MLS ® OC25165120
Year Built 1940
Total Square Footage 2,204
Lot/Acreage 0.1

Interior Details

  • Bedrooms: 7
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Sewer Paid
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05314409
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

222 Wave St Laguna Beach, CA 92651

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CA_CRISNET

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way