With quintessential Laguna Beach charm, this beautifully remodeled cottage in the heart of the Village is truly rare. With four bedrooms, three bathrooms, plus a large backyard with a pool, this magical property is ideally located walking distance to downtown, beautiful beaches and award-winning schools. Enjoy ocean, Catalina Island and sunset views from the living & dining rooms, kitchen and spacious outdoor deck, perfect for living the Southern California indoor-outdoor lifestyle. The private master suite upstairs includes original hardwood flooring, a large walk-in closet, a spacious master bath and opens onto a balcony to further enjoy ocean views and even sounds of crashing waves. Interior features include real hardwood French oak floors, a chef's kitchen with spacious island, wine refrigerator and gas range, and a poolside home office or 4th bedroom with a bar and full bath on the lower level. The beautifully landscaped backyard has a 10'x20' heated swimming pool with child-safe automatic cover, mature gardens, avocado, lemon and olive trees and a spacious lawn area, and large patio perfect for outdoor living and entertaining. Includes city-approved plans for a separate guest house with kitchenette adding a 5th bedroom, 4th bathroom and outdoor shower. 865 Fen Way is your chance to live the Laguna Beach lifestyle. Note that days on market is closer to 100 days, since we were unable to show while tenant occupied. The home is in excellent condition and move-in ready.