The Perfect Laguna Beach Cottage, 3 blocks to the beach!!! This remodeled home sits on a 5,000 sq.ft. flat lot zoned R2. This is very rare in the village. This gives you the opportunity to build two units or one large home. Conceptual Architectural plans have just been completed for a 3,400 sq.ft home with a pool and spa! This home has beautiful hardwood floors, a large master suite, spacious bathroom, huge great room, office area, an amazing kitchen with a spacious eating area adjacent to the outdoor deck, which has another large eating area, perfect for outdoor dining, a brick cozy fireplace and lots of storage. Can easily be converted back to a 2 bedroom. The back yard has a covered patio area which accommodates a table and chairs, barbecue, lounge chairs, etc.... There is a long drive way which leads to the garage. This allows parking for up to 4-5 cars! The landscaping is beautiful. This home is perfect for the beach home you always wanted, a second home, a long term or vacation rental or a property that can be developed into a 2 unit or a large single family residence. This is a must see.