Incredible opportunity in the desirable downtown Village location of Laguna Beach. Beautiful newly remodeled 1940's custom mid-century cottage! Single level in design with direct access from the street, vaulted beamed ceilings, remodeled kitchen and bath, natural lighting, a cozy fireplace. Spectacular property located in the heart of Laguna Village, with a private gated entry and fully enclosed grass yard. Walking distance to Downtown, Main Beach, Farmers Market, playhouse and Festivals grounds. Breathtaking ocean view from the front yard and living room, along with a large private rear yard that backs to a lush natural space with no immediate neighbors behind the property. Enjoy the property in its current configuration or utilize the approved plans from renowned designer Gregg Abel to expand the home in whole or part into a 4 bedroom 3 bath property. Great potential in value if you know what to do! Don't miss out this great opportunity and outstanding value!