Nestled along the sun-kissed shores of Southern California, Laguna Beach is a coastal gem renowned for its breathtaking ocean views, vibrant art scene, and laid-back luxury. At the heart of this picturesque city lies The Village—a neighborhood that perfectly balances the charm of small-town living with the allure of seaside sophistication. While Laguna Beach is often associated with multimillion-dollar estates and exclusive enclaves, The Village stands out as a rare opportunity for those seeking affordable homes without sacrificing proximity to the cultural and natural wonders that define this iconic destination. In this blog post, we’ll explore what makes The Village a unique and accessible entry point into Laguna Beach living, why it’s an ideal choice for homebuyers, and how it embodies the spirit of this beloved coastal community.
A Snapshot of The Village
The Village is the beating heart of Laguna Beach, a walkable neighborhood that seamlessly blends residential charm with the energy of downtown life. Stretching just blocks from the shoreline, it’s a place where the salty breeze mingles with the scent of blooming flowers, and the sound of waves crashing against Main Beach is never far away. Unlike the hillside retreats or gated communities that dominate other parts of Laguna Beach, The Village offers a grounded, community-oriented vibe that appeals to a diverse range of residents—from young professionals and families to retirees and artists drawn to the area’s creative legacy.
What sets The Village apart is its accessibility. While “affordable” is a relative term in a city where median home prices often soar into the millions, this neighborhood offers a surprising range of housing options that cater to buyers looking for value without compromising on location. From cozy cottages to charming bungalows and even a handful of condos, The Village provides a foothold into Laguna Beach’s real estate market that feels attainable compared to the oceanfront mansions or hilltop estates found elsewhere.
The Allure of Affordable Living in The Village
So, what does “affordable” mean in the context of The Village? In a city where entry-level homes can easily exceed $1.5 million, The Village offers properties that often start closer to the $1 million mark—or even slightly below for smaller condos or fixer-uppers. For example, a quaint two-bedroom cottage just a few blocks from the beach might list for around $1.2 million, a price that, while still significant, is a bargain compared to the $7 million-plus oceanfront homes or the sprawling estates in neighborhoods like Emerald Bay or Three Arch Bay.
This affordability stems from a few key factors. First, The Village’s topography is relatively flat, meaning homes here don’t always boast the sweeping ocean views that drive up prices in hillside areas like Temple Hills or Top of the World. Instead, the value lies in its proximity to the action—think walkability to Main Beach, local galleries, and the bustling downtown core. Second, many of the homes in The Village are older, built in the early 20th century during Laguna’s days as an artist colony. These properties often come with smaller square footage and a need for updates, which keeps costs down while offering buyers a chance to personalize their space.
For those willing to invest a little sweat equity, The Village is a goldmine of opportunity. A vintage bungalow with Spanish Revival details or a craftsman-style cottage could be transformed into a modern coastal retreat—all while retaining the character that makes this neighborhood so special. And because The Village is zoned for both single-family homes and some multi-unit properties, there’s even potential for savvy investors to purchase a duplex or triplex, live in one unit, and rent out the others to offset costs.
A Lifestyle Rooted in Culture and Community
Beyond its affordability, The Village offers a lifestyle that’s hard to replicate anywhere else. Living here means immersing yourself in Laguna Beach’s rich cultural tapestry. The neighborhood is steps away from the Laguna Art Museum, the Sawdust Art Festival grounds, and dozens of independent galleries showcasing everything from plein air paintings to contemporary sculptures. During the summer, the streets come alive with the Festival of Arts and the Pageant of the Masters, world-renowned events that draw visitors from across the globe but feel like a backyard celebration for Village residents.
Dining and shopping are equally enticing. A short stroll takes you to local favorites like cozy cafes serving artisanal coffee, seafood spots with ocean-fresh catches, and boutique shops offering handmade goods. Whether you’re grabbing a pastry from a family-owned bakery or sipping wine at a sidewalk bistro, The Village exudes a sense of community that’s rare in today’s fast-paced world. It’s not uncommon to see neighbors chatting on front porches or artists setting up easels along the street, capturing the golden light of a Laguna sunset.
And then there’s the beach. Main Beach Park, with its iconic lifeguard tower and sandy shores, is just a few minutes’ walk from most Village homes. It’s a place where kids play in the tide pools, couples watch the sunset, and surfers catch early-morning waves—all within reach of your front door. For those who dream of coastal living, The Village delivers it in spades, minus the astronomical price tag of an oceanfront address.
The Homes of The Village: Character and Charm
The housing stock in The Village is as diverse as its residents. Picture tree-lined streets dotted with cottages painted in soft pastels, their gardens overflowing with bougainvillea and roses. Many of these homes date back to the 1920s and 1930s, built by the artists and dreamers who first put Laguna Beach on the map. Architectural styles range from Spanish Revival with red-tiled roofs to Craftsman bungalows with wide porches, each telling a story of the city’s past.
These homes may lack the sprawling layouts of modern builds, but what they lack in size, they make up for in charm. Interiors often feature hardwood floors, exposed beams, and quirky details like built-in bookshelves or stained-glass windows. Some have been lovingly restored, blending vintage aesthetics with contemporary upgrades like open-concept kitchens or energy-efficient appliances. Others await a buyer with vision, offering a blank canvas to create a custom retreat.
For those who prefer low-maintenance living, The Village also includes a small selection of condos and townhomes. These properties, often tucked into quiet corners of the neighborhood, provide an affordable entry point—sometimes dipping below the $1 million mark—while still offering access to all the perks of Village life. Whether you’re downsizing, starting out, or simply seeking a pied-à-terre by the sea, these options make The Village a viable choice.
Why The Village Appeals to Buyers Today
In a real estate market as competitive as Laguna Beach’s, The Village stands out for its balance of value and lifestyle. As of March 2025, the city remains a buyer’s market in some respects, with homes lingering on the market longer than in previous years. This shift gives buyers more negotiating power, especially in a neighborhood like The Village, where properties don’t always command the premium of ocean-view estates. For those who’ve been priced out of other coastal cities like Newport Beach or San Diego, The Village offers a chance to own a piece of the California dream without breaking the bank.
The neighborhood’s appeal also lies in its versatility. It’s ideal for full-time residents who want to live where they play, as well as second-home buyers seeking a weekend escape. Its walkability and central location make it a practical choice—no need for a car when everything from groceries to galleries is within reach. Plus, with Laguna Beach’s tourism industry thriving, Village homes with rental potential can generate income during peak seasons, a bonus for investors or those looking to offset mortgage costs.
Challenges and Considerations
Of course, affordable doesn’t mean cheap, and buying in The Village comes with its own set of considerations. Parking can be tight, especially during summer when tourists flock to downtown. Older homes may require updates to meet modern standards, from seismic retrofitting to plumbing upgrades. And while The Village offers value relative to Laguna Beach as a whole, it’s still a significant investment compared to inland markets.
Yet for many, these trade-offs are worth it. The chance to live in Laguna Beach’s heart, surrounded by art, nature, and community, is a draw that outweighs the challenges. With thoughtful planning and a clear vision, buyers can turn a Village home into a personal sanctuary that appreciates in value over time.
Final Thoughts: Your Gateway to Laguna Beach Living
The Village is more than just a neighborhood—it’s a gateway to the Laguna Beach lifestyle at a price that feels within reach. It’s where history meets modernity, where affordability meets aspiration, and where the rhythm of the ocean sets the pace of daily life. For those who’ve long dreamed of calling this coastal paradise home, The Village offers a rare opportunity to plant roots in its vibrant heart.
As you consider your next move, imagine waking up to the sound of seagulls, strolling to the beach for a morning swim, and ending your day with a glass of wine as the sun dips below the horizon—all from a home that’s uniquely yours. In The Village, that dream is closer than you might think. Ready to explore the possibilities? The heart of Laguna Beach is waiting.
