Rare opportunity to own a Laguna Beach oceanfront compound in the heart of The Village. This unique property includes two separate parcels with a combined lot size of over 10,000 square feet located at famous Thalia Street beach. Nestled on the oceanfront is a charming three bedroom, two bath beach house offering abundant natural lighting and deck space to enjoy the stunning ocean and coastline views. Conveniently situated on Pacific Coast Highway is a commercial zoned parcel with a two bedroom, two bath unit with vaulted ceilings, ocean views, deck space, and a living room fireplace. The property includes plentiful parking with a six car garage and an enchanting garden area featuring stately, mature trees. Enjoy ocean front living at its finest at this unique property in an ideal location. The combination of residential and commercial zoning in this fabulous setting will provide a multitude of opportunities for the new owner.