This waterfront dreamy coastal cottage in Laguna Beach is steps away from white sandy beaches with a rare waterfront backyard on a coastal lake. Whether swimming in the emerald waters of the Gulf of Mexico, kayaking the lake, or relaxing by the fire and watching the stars, serenity awaits you. Minutes to groceries, dining, shopping, and Pier Park with fishing pier, sports park, entertainment, parades, and more! This cottage was built to last with solid concrete block construction, new metal roof, 2021 AC & water heater, newer windows, and updates throughout. You may also desire to take advantage of the amazing lot (Density restrictions may allow up to 2 units) by building a new home or business, your imagination is your limit! With a 45 ft height restriction you could have views of the gulf from 2nd or 3rd floors, and lake views from all. Versatile property is zoned C-2 Plaza Commercial, also allowing for numerous commercial uses at an excellent location for your small business! Whether looking for your ready-to-go personal beach getaway, luxury home site, or unique location for your small business, this location has it all. Virtual & video tours, additional zoning, and usage information are available upon request. All uses, zoning, sizes, dimensions, and feasibility to be verified by buyer.