Discover an exceptional investment opportunity in North Lagunaa recently refreshed home with fully approved plans, ideal for a custom build or as a stunning retreat. Located within walking distance to downtown and the beach, this rare property features an open floor plan that flows from a modernized kitchen to an outdoor deck with ocean views, showcasing vaulted ceilings, wood flooring, fresh paint, and an updated bathroom. The main level includes two bedrooms and a bathroom, while a private guest retreat on the lower level features a kitchenette and a 3/4 bath. Enjoy a tranquil backyard with a garden, plus 4 car parking and a storage room. This is a rare chance to own a gem in one of Laguna Beachs most prestigious neighborhoods, just moments from world class dining, galleries, and beaches.