150 Cress Street Active

Laguna Beach,CA 92651

$ 7495000

8 Beds

6 Baths

3300 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $2,271

MLS Listing ID OC-25149921

Bedrooms 8

Full Baths 5

Half Baths 1

Year Built 1955

Lot Size 7,241 Sqft

Property Sub-Type Single Family Residence

Property Description

This is an extraordinary opportunity to acquire a unique, 2 homes on 1 oversized lot, only steps to Cress Street Beach. The first home is a 3 Bedroom 2.5 bath 1400sf, completely detached, single level home, and the second home is an 1800sf Duplex with amazing ocean views. The 3 elegantly appointed, and fully furnished ocean-view villas, 120, 130, & 150 Cress Street are set on an expansive and meticulously hardscaped lot. Perfectly suited for an exquisite owner-occupied residence, 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, with the option to occupy both homes, or rent the duplex. What's more impressive, all 3 Villas are permitted for vacation rentals. Live in paradise and effortlessly earn $250,000+ from the duplex. The short term lodging permits will never expire! The centerpiece of this extraordinary ensemble, is of course, the primary villa, 150 Cress Street, it is a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The Duplex features 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, they share a separate two-car garage, accessed from an entirely different street, ensuring privacy and tranquility for the primary villa. This is a once in a lifetime opportunity. Your dream of owning a piece of paradise on the world famous shores of Laguna Beach awaits.

Location

State CA

County Orange

Area Lv - Laguna Village

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

Others

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