Laguna Beach Real Estate Blog

Aug 17

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Once when you thought a great listing had been sold and no longer available it comes back on the market for sale.  This is the case of the famous "Rock House" that is located at 31107 Coast Highway in Laguna Beach.  Back in November of 2014 is the first time we saw this very unique oceanfront home come on the market that featured curved rooms and angular architectural details that would make this an "ultra-contemporary" home in most design conversations.  At that time the home was on the market for $15,000,000 which was a very aggressive price considering a lot of ocean front properties in that time frame were selling between $5 to $8 million dollars.  The home was on the market for almost a year and had one price reduction down to $12 million which did

Jul 10

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Located in the Laguna Village area is a house that is commonly referred to as "The Mermaid House."  The name refers to a time when a large majority of the homes in Laguna Beach where smaller bungalow style properties that were built in the rise of the 1920's.  Nowadays, we call these "Tiny Houses" expect these historic homes offer a world of charm and character that you won't find in today's newer construction homes.

How small is the home?  Well, for starters it features a total of two bedrooms, one full and one half bath with a total of 788 square feet of living space.  With the current list price of $1,395,000 this equates to $1,770.30 per square foot.  Sound expensive?  It may sound like a bargain depending on what part of the country you live in.

Jun 8

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Technology has really changed the way we live in today's world that allow us to connect to the world through a phone or tablet.  This advanced technology has creeped into our home automation making everything work through an iPhone or iPad.  It makes our life easier and can control many things in the house even if we are not home at the time.  These custom features used in a property is often called a "Smart Home."  The word has become a big selling feature in the real estate industry and seen in many high end homes for marketing purposes.  Younger buyers almost expect this type of technology to be in a home and it's a big negative if it's not.

Laguna Beach offers many luxury properties on the market for sale that market this Smart Home technology in

May 11

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The Laguna Beach high school is ideally located in the heart of the downtown area of Laguna Beach which is often referred as "The Village" area.  The Village offers a lot of older historic homes that date back to the early part of the 1920's with a variety of architectural styles that include Craftsman, Spanish and Tudor styles.  Laguna Beach is basically made up of three different areas that include North Laguna, South Laguna and the Village.  The Village offers real estate prices that are between the more affordable South Laguna and the ultra-expensive North Laguna.  Some of the perks about living in this area is the close proximity to the downtown Village shopping filled with great restaurants, galleries and small boutique shopping.  It's also just

Apr 7

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A home located in the Three Arch Bay community has just gone up for auction with a starting bid at $3 million dollars.  Situated in the Lower Three Arch Bay neighborhood, the four bedroom, three and a half bath home features 2,993 square feet of living space and located on a 13,045 square foot lot.  At this asking price it's just over $1,000 per square foot for a single family home that was built in 1968.

The two story homes features clean lines with lots of windows to let in the natural light.  It's reminiscent of a mid-century modern home expect for being located on two levels.  Everything has been nicely updated in this home with a grommet kitchen with stainless steel appliances accented with black countertops.  The master bedroom features a huge

Mar 10

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Rarely do we see a detached single family home come on the market in Laguna Beach for under $4 million dollars but this week buyers have the opportunity to own a home directly above the sandy beach in South Laguna.  31081 Coast, Laguna Bech is currently on the market for $3,999,000.  It was listed 7 days ago and is the talk of the town among local real estate agents and buyers alike.  The 3 bedroom, 2 bath home features 1,536 square feet and located on a 6,750 ocean front lot that offers beach access.

A lot of buyers have been asking us what is the catch?  Well, the home was built in 1956 and is being sold "as-is" and for land value which means the actual interior living space is possibly far from turnkey.  This is a one level home that can be seen in

Feb 6

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There are several streets in Laguna Beach that have some of the most sought after real estate no matter if you are looking to buy or lease a home.  One of the more popular places to find rental properties in Laguna Beach is on Cliff Drive.  The summer rental season has already gone into full speed with many clients booking there summer travel dates.  Many of the popular ocean view units that overlook Main and Fisherman's Cove Beach have already been booked up.  Laguna Beach is a very high season vacation rental destination with hundreds of thousands of tourists visiting each summer.  These rentals are typically leased out as a furnished rental on a weekly basis.

One of the huge benefits of renting a home on Cliff Drive is being able to walk to

Jan 13

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There are many terms that are solely related to real estate and often are not understood by the general public.  The term pocket listing is generally understood but sometimes confused on how it actually works.  There are two forms of pocket listings with a brief explanation here.  First, a pocket listing is a home that is not on the open market for sale but the owner has told one or more agents that he would be willing to sell at the right price.  The property is not on the open market but communicated between real estate agents and there potential buyers.  One type of pocket listing is where the agent has a signed agreement with the owner to be the exclusive agent but for some reason doesn't want the home on the multiple listing service.  This can be for

Dec 6

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This has been a record year for real estate sales in Laguna Beach.  We have seen some incredible homes sell at amazing prices and some of the most premium properties coming on the market for sale.  By far the most exciting part of the year was seeing the iconic Twin Points home come on the market for sale.  Twin Points is a rare property that sits on a huge ocean front parcel of land that splits into two points, hence the name "Twin Points."  The land can be seen from many coastline spots and we never thought we would see this iconic property come on the market this year.

Twin Points is located at 1101 Marine Drive in Laguna Beach.  The home sold for $45,000,000 and closed escrow on 02/02/2016.  It was originally listed at $75,000,000 and was on the

Nov 8

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One of the more interesting aspects in real estate is buying a lease hold interest in a property.  A lease hold interest is basically defined as having the exclusive right to possession of a property for a certain period of time.  This is often created buy the way of a written lease.  A beach front condo in the Laguna Lido building in South Laguna is now offering a lease hold interest for sale for $799,000.  The seller in this case is referred to as the lessees who has occupies the property until the year 2059 when it reverts back to the lessor.  The seller pays for all homeowners association dues, lease, taxes and utilities on the condo.  The best way to describe this is that it's basically a very long lease of an approximate 42 years.  So if you broke