Classic Laguna Beach cottage offering big ocean views. Situated on an approx. 4,000 sf lot near Thousand Steps Beach, this updated home boasts an open floor plan inviting sunshine and views from the spacious living room, gourmet kitchen, dining, primary bedroom, new ocean view decking and terraced gardens. The secondary bedroom is over-sized and provides built-in storage. Beamed ceilings, wood flooring, free-standing fireplace, recessed lighting, stone counters, dual-glazed Anderson windows & doors and a new FAU system are just some of the interior features. The lower level presents a massive 20×50 level entertainment patio with expansion potential for the residence and/or ADU. Plans are available. The lower area also leads to the oversized single-car garage, laundry and storage areas. The upper terraced yard presents the landscaped entry from a private parking pad on Virginia Way. This area also provides a large patio off the living room with ocean view garden walkways, fruit trees, and resting areas. The driveway is exclusive via an abandoned city street that also provides additional parking spots to compliment the upper parking pad and the garage. There is plenty of beach-close parking. This is a wonderful neighborhood with easy access to hiking trails, shops, restaurants and beach stairs. Crown Valley Parkway is less than a mile drive to the South. Excellent property for development, weekend get-aways or taking up residence in picturesque South Laguna.