Michael Balliet
Luxe Real Estate
(949) 822-9097
41 Total Sales
1 in North Laguna
$35,500,000 Price
297 Wave St Laguna Beach, CA 92651
North Laguna NeighborhoodEstimated Value: $2,098,000 - $3,443,000
1
Bed
1
Bath
600
Sq Ft
$4,392/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- No HOA
- El Morro Elementary School Rated A+
- Corner Lot
- Balcony
About This Home
As of August 2026Live the Laguna Beach Dream – Steps from Shaw’s Cove. Welcome to the heart of coastal luxury and artistic charm – Upper 1 bedroom/ 1 bath nestled in highly coveted North Laguna Beach, just a short stroll from the iconic Shaw’s Cove, one of the most picturesque and beloved beaches in town. Here, the turquoise waves, golden sands, and rugged cliffs become your everyday backdrop – an irresistible invitation to start and end your day with nature’s masterpiece.This stunning property blends the timeless appeal of mid-century modern architecture with thoughtful contemporary upgrades, creating two distinct, desirable living spaces thatoffer comfort, style, and coastal serenity. 1 bed / 1 bath rear unit is perched to take in sweeping ocean and coastline views. The hardwood floors add warmth and character,while the expansive deck invites morning coffee with a view or sunset gatherings over the Pacific. The floor plan is open and airy, offering a tranquil retreat or anideal rental opportunity. Live Where Art Meets Ocean. Laguna Beach is more than a destination—it’s a lifestyle. From the world-famous Pageant of the Masters todozens of galleries that line the streets, art is in the very fabric of this community. Enjoy brunch at oceanfront cafés, dinner at acclaimed restaurants, or cocktailsunder the stars—all just minutes from your door. With boutique shopping, vibrant nightlife, and hiking trails winding through coastal canyons, Laguna Beach offersan unmatched blend of beauty, culture, and coastal living. Whether you’re seeking a smart investment, a beachside escape, or a place to call home, this exceptionalduplex offers the best of it all. Come experience it in person—this is the Laguna Beach lifestyle you’ve been dreaming of.
Last Agent to Rent the Property
Pacific Sterling Properties Brokerage Phone: 949-400-2980 License #00614150 Listed on: 06/20/2026
Last Renter's Agent
Pacific Sterling Properties Brokerage Phone: 949-400-2980 License #01902367
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 4,500 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Parking
- 1 Car Attached Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Entry on the 2nd floor
- Turnkey
Interior Spaces
- 600 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Ocean Views
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Remodeled Bathroom
- 1 Full Bathroom
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Deck
- Patio
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Security Deposit $5,000
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 7/1/26
- Tax Lot 1
- Tax Tract Number 481
Community Details
Overview
- No Home Owners Association
- North Laguna Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2025
Sold by
Zelarney Family Trust and Zelarney Stephen E
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,604,000
Outstanding Balance
$1,585,640
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,049,384
Purchase Details
Closed on
Nov 14, 2023
Sold by
Zelarney Family Trust
Bought by
Zelarney Family Trust and Zelarney
Purchase Details
Closed on
Oct 30, 2018
Sold by
Zalarney Frank R
Bought by
Zelarney Frank R and Zelarney Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Laguna, CA
-
Michael Balliet
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
78 Total Sales
2 in North Laguna
$1,750,000 Price Range
-
Ron Pickett
Ron Pickett
Coldwell Banker Realty
(949) 577-6199
64 Total Sales
2 in North Laguna
$2.1M - $3M Price Range
-
Danielle Wilson
Danielle Wilson
Compass
(949) 919-5939
53 Total Sales
2 in North Laguna
$13,675,000 Price Range
-
Jennifer Halbert
Jennifer Halbert
Berkshire Hathaway HomeServices California Properties
(949) 828-3136
36 Total Sales
2 in North Laguna
$32,500 Price Range
-
Ray E. McAfoose
Ray E. McAfoose
Coldwell Banker Realty
(949) 516-0239
12 Total Sales
2 in North Laguna
$1,325,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,050,000 | Chicago Title Company | ||
| Zelarney Family Trust | -- | None Listed On Document | |
| Zelarney Frank R | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,604,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2026 08/14/26 | Rented | $4,800 | -4.0% | -- |
| 07/29/2026 07/29/26 | Under Contract | -- | -- | -- |
| 06/20/2026 06/20/26 | For Rent | $5,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $22,655 | $2,091,000 | $1,968,600 | $122,400 |
| 2025 | $22,655 | $2,805,000 | $2,688,235 | $116,765 |
| 2024 | $29,660 | $2,750,000 | $2,635,524 | $114,476 |
| 2023 | $3,820 | $165,844 | $92,395 | $73,449 |
| 2022 | $3,647 | $162,593 | $90,584 | $72,009 |
| 2021 | $3,479 | $159,405 | $88,807 | $70,598 |
| 2020 | $3,333 | $157,771 | $87,896 | $69,875 |
| 2019 | $3,233 | $154,678 | $86,173 | $68,505 |
| 2018 | $3,143 | $151,646 | $84,484 | $67,162 |
| 2017 | $3,048 | $148,673 | $82,827 | $65,846 |
| 2016 | $2,957 | $145,758 | $81,203 | $64,555 |
| 2015 | $2,875 | $143,569 | $79,983 | $63,586 |
| 2014 | $2,798 | $140,757 | $78,416 | $62,341 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Domino
Landlord's Agent in 2026
Nancy Domino
Pacific Sterling Properties
(949) 400-9919
43 Total Sales
-
Yutsu Lin
YL
Landlord's Co-Listing Agent in 2026
Yutsu Lin
Pacific Sterling Properties
(949) 870-8423
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26135100
APN: 053-143-27
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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