Located in the heart of North Laguna, this quintessential cottage perfectly embodies the vibrant character, charm, and spirit of Laguna Beach! Situated on an expansive lot of over 7,500 SQ FT, this delightful residence is comprised of 3 bedrooms, 3 bathrooms, and has a ton of outdoor space for living and entertaining. Features include dual primary suites, one upstairs with a partial ocean view, while the other is downstairs with its own separate entrance, making it ideal for guests and those who value privacy. A spacious living room with a cozy wood burning fireplace, a beautifully remodeled kitchen with separate dining room, and an additional main floor bedroom and bathroom complete the first level. Outside, the large wrap-around yard offers various entertaining options with multiple patios and seating areas to soak up the California sunshine and enjoy al fresco dining. With a detached two-car garage plus four additional uncovered spaces, there is PARKING FOR UP TO 6 VEHICLES which is extremely RARE to find in this area! Plan to leave your car at home though because the walkability is phenomenal. Located within walking distance to Downtown Laguna, Main Beach, Heisler Park, Laguna Art Museum and so much more. You'll have restaurants, shops, galleries, hiking/biking trails, and everything this iconic beach city has to offer all at your fingertips. A truly special property for either a primary residence or second home that has been lovingly cared for and beautifully updated over the years. This rare gem is also a fantastic investment opportunity as a rental property to add to your portfolio or to potentially develop multiple units as it is zoned R-3. A MUST SEE and an incredible chance to own a piece of paradise, a part of history, and live the coveted Laguna Beach lifestyle!