$2,695,000
Coastal Compound in the Heart of the Village. Rarely does a multi-structure estate of this caliber become available just blocks from the Pacific. Situated on one of the most coveted streets in town, Villa Lombardy is a sophisticated coastal compound comprising two distinct buildings on a single lot. Blending timeless character with over $600,000 in recent high-end capital improvements, this property represents a premier turnkey opportunity—ideal as a high-yield investment, a multi-generational family estate, or a "live-in-one, rent-the-others" scenario. The property has a single car garage and on site parking for 3 additional cars. The Main Cottage | 617 Lombardy Lane: Beyond the classic white picket fence lies a meticulously renovated 2-bedroom, 1-bathroom residence. No detail was overlooked during its comprehensive transformation, which included extensive upgrades to the roof, windows, plumbing, and electrical systems. Interior Elegance: The airy, open-concept floor plan is anchored by dramatic open-beam ceilings, a cozy fireplace, and rich hardwood flooring. Designer Kitchen & Dining: The living area flows seamlessly into a sun-drenched dining and kitchen space, perfectly suited for modern entertaining. Curb Appeal: Exquisite brickwork walkways lead to a private front patio, offering the quintessential coastal cottage aesthetic. The Rear Duplex | 619 & 621 Lombardy Lane: Privately tucked away and separated from the main house by a spacious brick patio, the rear building offers two versatile units: Upper Level (1BD/1BA): A light-filled sanctuary featuring sweeping ocean views from a sizable private balcony. The interior boasts soaring open-beam ceilings, hardwood floors, and elegant French doors that invite the sea breeze. Lower Level (Studio/1BA): This charming, approved yet non-conforming, unit includes a kitchenette and a tiled bath. Whether utilized for guests, a home office, or additional rental income, this space offers exceptional flexibility. Please do not disturb occupants.
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Listed by Marcus Skenderian with Compass (949) 438-4340
Property Type
Triplex
Status
Active
MLS Number
LG26027311
Year Built
1936
Lot Size
3,916 sq ft