Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
Laguna Beach, CA 92651,150 Cress Street
47
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Listed by Derek Larson • Derek Lee Larson
$8,795,000
Est. payment /mo
8 Beds
6 Baths
3,300 SqFt
Active

150 Cress Street Laguna Beach, CA 92651

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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 $2,665

MLS Listing ID CROC25017354

Bedrooms 8

Full Baths 5

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1955

Lot Size 7,241 Sqft

Property Sub-Type Detached

Property Description

Motivated Seller has already purchased another! Discover an unparalleled coastal haven at Cress Street Beach. We proudly present an extraordinary opportunity to acquire a truly unique 3 Bedroom 2.5 bath single level home, that also includes a duplex with amazing ocean views, only steps to the sand. 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 permitted vacation rental duplex alone. 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 additional two villas, separated by only one common wall between them, feature 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, they share a

Location

State CA

County Orange

Interior

Cooling Other

Fireplaces Type Family Room

Fireplace Yes

Laundry Other

Exterior

Garage Spaces 3.0

Pool None

View Ocean

Private Pool false

Building

Lot Description Corner Lot

Story 1

Water Public

Schools

School District Laguna Beach Unified


Bay East AOR and Contra Costa AOR

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agent

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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150 Cress Street