A Rare South Laguna Retreat Designed for Investment, Lifestyle & Legacy! Completely reimagined from the ground up, this exceptional South Laguna Beach coastal retreat offers panoramic ocean views, unmatched versatility, and endless possibilities. Situated on an oversized, tiered lot with over 5 different patios just one block from Thousand Steps Beach, this extensively remodeled single-family residence lives like a duplex with two completely separate living spaces—ideal for multigenerational living, rental income, or a luxury investment opportunity. Upstairs features 2 bedrooms, 2 bathrooms, a fireplace, detached ocean-view laundry room, private patio, remodeled kitchen and baths, and sweeping Pacific views. The lower level offers a private 1 bedroom, 1 bathroom residence with its own entrance, fireplace, in unit laundry, remodeled kitchen and bath, and dazzing ocean views that can be seen from the shower to the bedroom. Both levels enjoy expansive ocean vistas where dolphins, fishing boats, and seasonal whales can be seen from the comfort of home. The generous lot offers two outdoor patio areas, mature landscaping providing privacy from Coast Highway while preserving the views, low-maintenance turf, and ample space for making memories. Additional highlights include new plumbing, LG refrigerators, a two-car carport with abundant built-in storage, and no HOA. Located within the award-winning Laguna Beach Unified School District, this exceptional property offers access to some of Orange County's most sought-after public schools, further enhancing it's appeal. Enjoy the ultimate Laguna Beach lifestyle just moments from Thousand Steps Beach and a short stroll to several beloved restaurants, cafés, and local favorites all within a 10-minute walk. Whether you're grabbing coffee, meeting friends for brunch, or enjoying dinner by the beach, everything you need is just moments from your front door.. A truly rare opportunity to own a beautifully renovated coastal property offering luxury, flexibility, and long-term value.