150 Cress Street, Laguna Beach, CA 92651

$7,788,000 Approx. USD 8 beds, 6 baths
3,415 sqft

Agent Remarks

World Class Family Compound on the beach!! This spectacular, trophy property offers three (3) world class beach villas with at least six (6) parking (very rare) nestled on a prime beachfront location in World Famous Laguna Beach. Appointed to the nines, this luxury property offers the very best in form, function and location. The three beach villas boast single level floorplans enhanced with the finest designer finishes. Spectacular outdoor spaces include 4 fire pits, multi-level conversation spaces, with incredible ocean-view verandas. Mere feet from beach access, & within walking distance of many fine restaurants & shops. Mixes of three villas are 2 bed r & 1 bath; 3 bed & 2 baths: & 3 bed rooms & 2.5 baths. Each villa has the appointments rivaling better than the most prestigious hotels in town. Excellent use as a beach house for family & friends; as a second home when needed & rent the villas as vacation rentals and/or rent them as needed to supplement the income to offset property and other taxes. Villas offer a viable 1031 exchange for your investment dollars & enhances your great investment opportunity in one of the best & classy beach City in the United States. The villas are utilized as high end vacation rentals with excellent income stream.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# OC16138535
List price is $7,788,000
Beds: 8
Baths: 6 (5 full) (1 half)
Gas,Living Room fireplaces
Built in 2007
3,415 sqft
1 stories
0.16 acres
Lot size: 7241.000
County: Orange
Property style: Cottage
Interior features: Granite Counters
Appliances: Refrigerator,Recirculated Exhaust Fan
Parking description: Parking Space,See Remarks
Heating description: Central Furnace
MLS area: LV - Laguna Village

Last Updated: 8/14/2016

 Find more Laguna Beach homes and real estate

 Find more homes in 92651 zip code

This listing belongs to the LV - Laguna Village MLS area

The style of this listing is Cottage.
Find more Cottage style homes for sale

Lat/Long: 33.532192, -117.776359.
Find nearby listings

Broker: Courtesy of Tri-Star Realty
Listing Agent: Carl Wuestehube

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings