CA > Laguna Beach > The Village (Vil)
Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
50
See all 50 photos
$6,994,950
Est. payment /mo
Save Virtual Tour
8 Beds
5.5 Baths
3,300 SqFt
Active

150 Cress Street Laguna Beach, CA 92651

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
31
Oct
Sat
1
Nov
Sun
2
Nov
Betsy Heller

Betsy Heller

+1(858) 583-1413

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $2,119

Subdivision The Village (Vil)

MLS Listing ID OC25233708

Bedrooms 8

Full Baths 5

Half Baths 1

Year Built 1955

Lot Size 7,241 Sqft

Property Sub-Type Detached

Property Description

PRICED TO SELL! This is an extraordinary opportunity to live steps to Cress Street Beach in world famous Laguna Beach, or a builders dream property, and build up to 6, 1500sf luxury ocean view condos, easily valued at $16,500,000 combined. Currently, there are 2 ocean view homes on 1 oversized lot. The first home is a 3 Bedroom 2.5 bath 1400sf, completely detached, single level, 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. Currently operating as an investment property, earning in excess of $400,000 annually, or perfect for the buyer that wants to live in paradise, while effortlessly earning approximately $300,000 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, t

Location

State CA

County Orange

Direction From South Coast Highway, turn toward ocean, last home on the right.

Interior

Fireplaces Type FP in Family Room

Fireplace No

Exterior

Garage Spaces 3.0

View Y/N Yes

Water Access Desc Public

View Ocean

Total Parking Spaces 3

Building

Story 1

Sewer Sewer Paid

Water Public

Level or Stories 1

Others

Tax ID 64407406

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/54fb2f6b51ab1mcgp

MLS Router / San Diego MLS
Listed by Derek Larson California Dream Luxury Homes & Investments

GET MORE INFORMATION

Betsy Heller

Betsy Heller

Broker | License ID: 01074985

+1(858) 583-1413

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Achievers Realty, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

150 Cress Street