Property recently appraised at 9M THE HISTORIC COAST ICON ART DECO LANDMARK WITH ENDLESS POSSIBILITIES Where history meets the horizon this iconic Art Deco building sits just one block from Cress Beach, right along Lagunas world famous Coast Highway. Originally a boutique hotel, this architectural gem has been thoughtfully updated and reimagined over time, now offering endless possibilities for creative reuse, investment, or redevelopment. Designated under the Mills Act, this property enjoys substantial property tax savings while preserving the timeless charm and character that define Laguna Beachs architectural heritage. Spanning approximately 8,346 sq ft, the building features eleven 23 bedroom suites (nine upstairs, two down), five private offices, a large common area, kitchen, and outdoor patio perfect for gatherings or guest enjoyment. Interior corridors connect the spaces, creating natural flow and flexibility for multi use configurations boutique hospitality, creative workspaces, live/work studios, or a flagship coastal retreat. With unbeatable Coast Highway visibility and proximity to world class beaches, dining, art galleries, and resort destinations, this is a rare opportunity to own a piece of Lagunas living history. A historic Laguna Beach landmark. A legacy property with creative future potential. Welcome to 1316 South Coast Highway where art, architecture, and opportunity align.