$6,495,000

150 Cress Street

Laguna Beach CA, 92651

Description

This gated Laguna Beach residential compound, Laguna Vista, is perhaps the most attractive and versatile "Three Beach Villas" currently available in the Orange County real estate market. This property offers 3 Spectacular beach villas with great income over $300K. Potential to expand and create additional income and increase in Value. Nestled on an approximately 7,200 sq. ft. lot immediately adjacent to the Cress Street Beach steps, and with parking for at least 6 vehicles, it is a rare and incredible value and shines as a possible family complex, multiple lucrative beach rentals, or both. Its 3 lovely single-level villas offer a total of 8 bedrooms, 5 full baths plus a half-bath. The compound rests a short walk or ride from restaurants and shopping in one of the areas trendiest neighborhoods, the Hip District. Completely renovated and incorporating the finest materials and fixtures, each of the homes is worthy of the most discriminating guests or family members. Wide-plank wood and tasteful tile floors, recessed lighting, crown molding and tray ceilings, high-end stainless kitchen appliances, and luxurious bathrooms are only a few of the features contributing to the ambiance of casual sophistication. An expansive, multi-level central courtyard features 4 fire pits and seating, with views of the ocean and spectacular sunsets. The rare Laguna Beach short term rental license conveys with the property.

Details

MLS#LG20242010
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2007
Days On Site99

Features

Bed(s)8
Bath(s) 6 Total
SQ Feet3,415
Garage3
Story(s)1
Acreage0.17
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyOrange
CityLaguna Beach
Zip Code92651
AreaLV - Laguna Village
Community NameThe Village (VIL)
School DistrictLaguna Beach Unified
Listing VS Median (in The Village (VIL))
Price:
$6,495,000
low | high
Med:
$8,000
100% of Average
SqFt:
3,415
low | high
Med:
1,507
100% of Average
$ / SqFt:
$1,902
low | high
Med:
$6
100% of Average
On Site:
99
low | high
Med:
27
100% of Average
Listing Updated: February 10, 2021 3:04:47 PM PST
Seth Nelson LogoMLS Number: LG20242010
Listing Provided By:
Seth Nelson  of  DOUGLAS ELLIMAN OF CALIFORNIA INC.
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