Coastal commercial buildings beside the ocean, with palm trees and storefronts along a street.

Two Paths to Income, One Exceptional Home

Andrea Ballesteros October 13, 2026

Where Lifestyle Meets Opportunity:

Inside 1953 S Coast Hwy in Laguna Beach's Woods Cove In Laguna Beach, ocean views are a dream.

Ocean views paired with a transferable short-term lodging permit and an income-producing retail suite? That's a rarity. 1953 S Coast Hwy brings all three together in one beautifully renovated residence in the heart of Woods Cove.

A Coveted Woods Cove Location

Woods Cove is one of Laguna's most beloved coastal enclaves, known for its dramatic rock formations, tide pools, and tucked-away beach access. This home sits on the west side of Coast Highway, just one block from Woods Cove Beach, close enough to make morning walks on the sand and sunset swims part of everyday life.

Views That Define the Home

The residence is oriented toward the Pacific, and it shows. Sweeping 180-degree ocean views stretch across the expansive living spaces, bringing the light and movement of the coastline into nearly every part of daily life.

Space to Live Comfortably

Spanning approximately 3,043 square feet across three levels on a 4,000-square-foot lot, the home offers four bedrooms and four bathrooms. The multi-level layout gives residents and guests room to spread out, making it equally well suited to full-time living, hosting family and friends, or a mix of personal use and rentals.

Thoughtful features make the home as practical as it is beautiful:

- Sound-insulated walls to help reduce road noise

- A private backyard with jacuzzi

- Owned solar and EV charging

- A one-car garage plus additional driveway space

- Six City of Laguna Beach street parking permits, a genuine advantage in a beach town where parking is at a premium

A Storefront Opportunity

The ground level features a dedicated retail suite with true storefront presence. It's an ideal setting for a professional office, a studio, a boutique, or another creative business. The space is currently leased month to month, providing immediate income today while preserving the flexibility to occupy it yourself or reposition it in the future.

The Short-Term Lodging Permit: A Rare Asset Perhaps the home's most distinctive feature is its active, transferable short-term lodging permit. Laguna Beach strictly caps its short-term lodging inventory, which makes these permits increasingly difficult to obtain. This permit runs with the land, giving the next owner a meaningful option that most Laguna homes simply can't offer. How you use it is up to you. Rent the home occasionally, generate income while you travel, or put it to more extensive use down the road.

Either way, it adds a layer of value and flexibility that is very hard to replicate.

Schedule Your Private Showing Opportunities like this rarely come to market in Laguna Beach. Contact us today to learn more about 1953 S Coast Hwy or to arrange a private tour.

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.