150 Cress Street Active

Laguna Beach,CA 92651

$ 8995000

8 Beds

5.5 Baths

2879 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,879 sqft

Price per Sqft $3,124

MLS Listing ID CROC25017354

Bedrooms 8

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 1955

Lot Size 7,241 Sqft

Acres 0.1662

Property Sub-Type Single Family Residence

Property Description

Seller will entertain offers beginning at $8,995,000. Discover an unparalleled coastal haven at Cress Street Beach. 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 2 homes on 1 over-sized lot, including 3 elegantly appointed 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 while boasting an impressive annual revenue of $250,000-$300,000 from the duplex alone. The centerpiece of this extraordinary ensemble, is of course, the primary villa, 150 Cress Street, appropriately named "Laguna Vista" 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 additional two villas, separated by only one common wall between them, feature 3 bedrooms and 2 baths, and

Location

State CA

County Orange

Interior

Cooling Other

Fireplaces Type Family Room

Fireplace Yes

Laundry Other

Exterior

Garage Spaces 3.0

Pool None

Utilities Available Other Water/Sewer

View Y/N true

View Ocean

Total Parking Spaces 3

Private Pool false

Building

Lot Description Corner Lot

Story 1

Water Public,Other

Level or Stories One Story

New Construction No

Schools

School District Laguna Beach Unified

Others

Tax ID 64407406

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