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A Rare Opportunity Above the Village

Andrea Ballesteros July 8, 2026

There are properties that check boxes. And then there are properties that open doors to a lifestyle, a vision, and a future that's entirely yours to shape. 1337 Terrace Way is the latter.

Perched just above the Village in the coveted Lower Temple Hills neighborhood, this exceptional home sits on an expansive, private lot with the kind of setting that simply doesn't come along very often. Breathtaking sit-down ocean and canyon views stretch out before you . . . the sort of views that stop you mid-sentence every single time.


The Canvas

At approximately 3,200 square feet, this is a home with serious bones and even more serious potential. Four generous bedrooms provide space for family, guests, and everything in between, while a thoughtfully designed layout gives you the flexibility to make it entirely your own.

What sets this property apart (beyond the views) is the lower-level bonus room. With its own private entrance, full bathroom, kitchenette, and covered patio and deck area overlooking the coast, it functions beautifully as a mother-in-law suite, guest quarters, rental opportunity, or a private retreat for whoever needs one. It's a rare find in Laguna Beach, and one that adds enormous versatility to an already compelling property.


Designed Around the View

The expanded kitchen and sunroom were intentionally designed to frame the spectacular scenery, because when you have views like these, every room should take advantage of them. Natural light pours in, the Pacific shimmers in the distance, and everyday moments become something worth savoring.

Step outside onto the expansive deck and you have the perfect setting for entertaining, sunset dinners, or simply taking in the coastal backdrop that makes Laguna Beach one of the most sought-after communities in California.


The Opportunity

This is the kind of property that rewards vision. The generous square footage, flexible floor plan, and exceptional homesite provide a remarkable foundation, whether you're looking to move in and enjoy it as-is, renovate to your exact taste, or create something truly custom from the ground up. In a market where land and location are everything, this one delivers on both.


The Location

Moments from downtown Laguna Beach and the world-renowned beaches, galleries, restaurants, and boutiques that make this community so special; yet tucked away on a quiet, private street that feels a world apart from the buzz below. It's the best of both worlds, and it's rare.


If you've been waiting for a property in Laguna Beach with room to dream, 1337 Terrace Way deserves your attention. Reach out to the Ballesteros Real Estate Group today, we'd love to show you around.

Work With Us

We will work tirelessly to ensure you have the best experience whether you are selling your home, looking to purchase an investment property or searching for your forever house. We are here for you and don’t just walk away after closing. We pride ourselves on our long term relationships with our clients and will guide you through all the necessities you need before, during and after your selling or buying experience.