150 Cress Street Active

Laguna Beach,CA 92651

$ 9495000

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 $2,877

MLS Listing ID OC25149921

Bedrooms 8

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 1955

Lot Size 7,239 Sqft

Acres 0.1662

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

Rooms

Other Rooms Main Floor Bedroom,Main Floor Primary Bedroom

Master Bathroom 3

Main Level Bedrooms 3

Interior

Cooling Ductless

Fireplaces Type Family Room

Fireplace Yes

Laundry Stackable

Exterior

Garage Spaces 3.0

Pool None

Community Features Biking,Hiking

View Y/N Yes

View Ocean

Private Pool No

Building

Lot Description Corner Lot,Lot 6500-9999

Dwelling Type Triplex

Story 1

Sewer Sewer Paid

Water Public

Level or Stories One

New Construction No

Schools

School District Laguna Beach Unified

Others

Senior Community No

Special Listing Condition Standard

Virtual Tour https://150Cress.com/idx

Lease Land No

Confidential INFO

SIGN ON PROPERTY 1

TERMS Cash,Cash To New Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE None

SHOW INSTRUCTIONS By appt only. Showings must be arranged with courtesy to the guests renting here.

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