Situated on one of Laguna Beach's most desirable streets, this exceptional property offers a rare chance to create your dream coastal home in an unbeatable walkable location. With a beautiful 2 bedroom, 2 bath front residence, plus a 2 bedroom/1 bath apartment over the 2 garage garage behind the main house, the possibilities are endless! Purchase the home during construction for $2,850,000, and complete it with your own finishes, fixtures, and design details, or let the developer complete the vision with you and purchase the finished home for $3,250,000. Opportunities like this are extraordinarily rare in Laguna Beach, where approved construction projects in the Village are increasingly difficult to navigate on your own. Designed for today's lifestyle, the residence includes a beautifully planned main home along with a private two-bedroom apartment above the detached two-car garage, perfect for guests, extended family, a home office, or potential rental income. Bonus - there is a possibility of a 3rd unit in back as an ADU (not guaranteed and will depend on the architect and the city zoning rules at that time). This is the Laguna Beach lifestyle buyers dream about. Start your morning with coffee at your favorite caf, walk to the beach for a surf or sunset stroll, enjoy dinner at one of Laguna's renowned restaurants, browse local art galleries and boutiques, or catch Friday night football at Laguna Beach High School - all just a short walk from your front door. 495 St. Anns Drive is one of the Village's most cherished streets, known for its charm, convenience, and timeless appeal. This is one of the last opportunities to personalize a fully renovated home in one of Laguna's most coveted neighborhoods, creating a residence that reflects your own style while enjoying the convenience of modern construction AND a rear unit for potential rental income or just more living space! Whether you're searching for a full-time residence, a weekend escape, or a long-term investment in one of Southern California's most iconic beach communities, this property represents an extraordinary opportunity to secure a premier Village location before it's finished. **Offered at $2,850,000 in its current under-construction condition, or $3,250,000 upon developer completion.**