150 Cress Street, Laguna Beach, CA 92651 - MLS#CROC25149921

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Paolo Ocampo

paolo.ocampo@exprealty.com +1(510) 736-3886

Listed by Derek Larson • Derek Lee Larson

$7,495,000

Est. payment - /mo

8 Beds

6 Baths

3,300 SqFt

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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 $2,271

MLS Listing ID CROC25149921

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1955

Lot Size 7,241 Sqft

Property Sub-Type Detached

Source Datashare California Regional

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

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

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Paolo Ocampo

+1(510) 736-3886

Agent | CA BRE #02127190

Agent CA BRE #02127190

150 Cress Street Laguna Beach, CA 92651

Paolo Ocampo

Key Details

Location

Interior

Exterior

Building

Schools

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