$23,725,000

This newly constructed, coastal mixed-use asset in Laguna Beach was delivered after seven years of development and stands as the only new construction of this scale on the ocean side of Pacific Coast Highway between San Diego and Santa Monica. Positioned at the last signalized intersection in North Laguna and adjacent to ultra-high-net-worth communities including Smithcliffs, Emerald Bay, and Irvine Cove, the property offers exceptional visibility, access, and a landmark presence that supports best-in-class retail, service, or showroom concepts. The offering includes approximately 6,500 square feet of commercial space divided into three units, delivered in shell condition to allow an owner or tenant to tailor the buildout to a specific use, brand, and operating model. Elevator access, a spacious courtyard, and a high-visibility signalized corner create an inviting arrival experience, while 26 on-site parking spaces provide a meaningful advantage in Laguna Beach and support a wide range of commercial strategies. Secure access is enhanced by a LiftMaster 24V main garage gate with sensor loop, keypad entry, and entry stickers, supporting operational control and tenant convenience. Above, two penthouse residences introduce a rare coastal residential component with sweeping ocean views and a private, elevated living experience. Each residence includes a private elevator and three secured parking spaces, offering exceptional convenience and privacy. Set within one of California’s most iconic coastal towns, the property is surrounded by Laguna Beach’s celebrated beaches, galleries, resorts, and dining scene, with year-round destination traffic and an enduring luxury market that continues to attract discerning clientele.