Laguna Beach Real Estate Blog

Jan 25

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We recently had an inquiry for the vacation rental properties located in the Blue Lagoon community.  She was inquiring about 64 Blue Lagoon which is a wonderful ocean view unit.  All of the condo rentals currently located at the Blue Lagoon are furnished vacation rentals that are rented out on a monthly basis.  Prices will vary a lot depending on the size but more importantly the location of the unit in relation to the beach and if the unit has an ocean view or not.  Rental prices currently start at $4,250 a month for a two bedroom unit with 1,560 square feet and a courtyard view.  Ocean View units currently start at $10,000 a month which will get you a two bedroom condo with an approximate 1,680 square feet.  We have put together a screen shot of the

Dec 19

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The luxury real estate market in Laguna Beach, California saw some monumental sales with 2 of the top 3 sales selling for more than the highest sale last year in 2021.  One of the reasons for these sales as the big shift that we have been seeing in the past couple of years with low inventory and owners of properties looking to shift their money into different properties.  This changes are typically homes located near the water in prime locations throughout Laguna Beach including the luxury Emerald Bay gated community as well as the Montage Ocean Estates and the Three Arch Bay ocean front community.  The highest sale last year was just over $24 million with the following two properties topping that number.

66 Emerald Bay gets the nod for the highest

Nov 29

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The Laguna Beach Real Estate market is starting to see changes in the way homes are sold with rising interest rates causing things to slow down, especially for those who need the assistance of getting a loan.  It was only a short year ago when homes were flying off the shelf and multiple bids on properties were a common place.  This was due to the low inventory of homes available in Laguna Beach along with record low interest rates.  All of this has quickly changed and the sellers market has slowly turned into a buyers market.  Buyers now have more time to compare properties when the first come on the market without being pressured by other home buyers looking to make a bid on the same property.  The inventory of homes is still relatively low which is

Oct 21

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When it comes to having any ocean view there are many different neighborhoods to choose from as the topography of Laguna Beach located on a hillside naturally affords a lot of view properties.  Of course, if you want to be at one of the highest points in Laguna Beach there is probably no better spot than the "Top of the World" community.  Nestled up in this area high on a hill are single family homes that range from the 1920's to brand new construction properties.  Laguna Beach is filled with a ton of vacation rental homes but this is really not the case in this neighborhood as it's easy to find a traditional lease of 12 months to start.  Most landlords in this area will be asking for the first months rent, security deposit and a credit check fee.  With

Sep 20

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One of the premier streets in Laguna Beach when looking for an ocean view is Temple Hills Drive.  Real Estate prices in the Temple Drive community currently start just under $2.4 million dollars for mid-century modern one story ocean view home with three bedrooms, two bath and over 1,800 square feet of living space.  This is a pretty good price point for Laguna Beach considering it does have nice ocean views and location on a premier street in Laguna Beach.  What makes this area unique is it's hillside location that is one of the closest to the Downtown Laguna Beach area that is often referred to as the "Village" area of Laguna Beach.  If you have every spent any time in this area you know it's the hub of Laguna Beach with a lot of art galleries,

Aug 23

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One of the amenities that we are starting to see in many of the new construction luxury estate properties coming on the market for sale is having a private theater.  It seems like many of the upscale builders like to include a wine cellar, fitness room and a theater as some of the most requested bonus amenities in higher end homes.  From what I have seen these Theater rooms tend to be pretty grand with a large viewing screen, soft leather chairs and room for at least 10 people or more.  We did a quick search of properties that are currently for sale and found 8 homes that have a private Theater ranging from $4.5 to over $31 million dollars.  Several of these properties are located in the community of Three Arch Bay in Laguna Beach.  Three Arch Bay is a 24

Jul 21

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The typography of Laguna Beach is really interesting as it arguably offers more ocean view properties due to it's rolling hillsides that overlook the Pacific Ocean.  When it comes to properties located on the ocean front there are many properties that are located high on a cliff that overlook the ocean but very few homes that are actually located on the sandy beach.  Neighboring towns like Dana Point and Newport Beach do have many properties located on the sand but finding one in Laguna Beach can be really tough.  There are a couple exceptions to this and the homes that are located on the sand are truly spectacular.

The first place to look is the Thousands Steps Beach area in the South Laguna area of Laguna Beach.  The area gets its name since there

Jun 24

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We are starting to see a turn in the real estate market as mortgage interest rates continue to go higher which ultimately slow down the number of properties selling.  Another major factor is the number of buyers would need the assistance of getting a loan in order to buy a home are now not participating in the market but the cost of mortgage payments have almost doubled since last year.  This is around the time where we start to see creative financing being offered as the cost of getting a loan is to expensive for most buyers.  One option that is coming around again is seller financing which negates the need to get a traditional mortgage loan from the bank.  Let me explain how this typically works.

First, the owner of the property essentially becomes

May 25

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The real estate market in Laguna Beach has started to make a shift as in most of the country with home staying on the market for a little longer than what we have seen in recent years.  One of the main reasons for this shift is a combination of factors which include increasing higher interest rates, decline in the stock market and an oversees International war.  It feels like we may be heading to more of a slow down here in Laguna Beach which will result in more inventory of homes on the market and the possibility of declining real estate asking prices.  For buyers who have to get a loan in order to buy a home here the cost and gone up significantly from just a year ago and it is expected to get more expensive as well.  Buyers will be looking for the best

Apr 29

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The Real Estate market in Laguna Beach has been really crazy over the last several years which is leaving many to wonder how long this real estate boom will last. It's not uncommon in today's real estate market to have multiple offers on them which typically drives up the asking price.  The question then comes into many homeowners minds is do we really need to use a real estate agent?  We are starting to see more for sale by owners popping up in this hot market and if they can save a little bit of money by doing it themselves then more power to them.  If you are thinking about selling your home by yourself you need to make sure you aware of these simple mistakes than many for sale by owners make.  If you can avoid these then you will be in good shape.