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Listed by Derek Larson • Derek Lee Larson
$ 8,995,000
Est. payment /mo
Coming Soon
150 Cress Street Laguna Beach, CA 92651
8 Beds
6 Baths
2,800 SqFt
UPDATED:
01/24/2025 08:15 AM
Key Details
Property Type Single Family Home
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $3,212
MLS Listing ID OC-25017354
Bedrooms 8
Full Baths 5
Half Baths 1
Year Built 1955
Lot Size 7,241 Sqft
Property Description
Discover an unparalleled coastal haven at Cress Street Beach. Offer deadline will be updated when Active. We proudly present an extraordinary opportunity to acquire a truly unique and elusive 3 Bedroom 2.5 bath single level home, with a vacation rental oceanfront duplex, at the doorstep of the pristine shores of Cress Street Beach. This highly coveted property features three elegantly appointed ocean-view villas, set on an expansive and meticulously hardscaped lot, elegantly divided between two charming buildings. Perfectly suited for an exquisite owner-occupied retreat, or for the most discerning real estate investor. This remarkable property allows the owner to enjoy one of the most coveted beach house locations in Southern California while boasting an impressive annual revenue of $250,000 from the duplex. The centerpiece of this extraordinary ensemble, is of course, the primary villa, a sophisticated single-level residence offering three spacious bedrooms and 2.5 opulent baths. This villa includes a private one-car garage and a gated driveway accommodating up to three vehicles. The additional two villas, separated by only one common wall between them, feature two bedrooms and one bath, and three bedrooms with two baths respectively, they share a separate two-car garage, accessed from an entirely different street, ensuring privacy and tranquility. Each villa is fully furnished, exuding luxury and comfort, providing both you and your guests with an idyllic beach vacation experience year-round. Whether indulging in the sun-kissed sands just beyond their doorstep, or savoring a sunset glass of wine by one of the four outdoor fire pits that overlook the magnificent ocean, it will be no surprise that your guests are drawn back to the enchanting "Villas of Laguna Vista" time and again, a testament to the property's undeniable allure and year-round demand. Seize this remarkable opportunity to live and invest in a coastal gem that promises elegance, sustainability, and profitability. Your dream of owning a piece of paradise awaits. An offer deadline will be updated when ACTIVE.
Location
State CA
County Orange
Interior
Cooling Ductless
Fireplaces Type Family Room
Laundry Stackable
Exterior
Garage Spaces 3.0
Pool None
Community Features Biking, Hiking
View Y/N Yes
View Ocean
Building
Lot Description Corner Lot, Lot 6500-9999
Sewer Sewer Paid