With just a handful of bank owned and foreclosure properties on the market, finding a good deal that is a bank foreclosure is something that takes time and patience. A newly listed bank owned home has come on the market in Laguna Beach that boasts incredible ocean and coastline views in the popular Arch Beach Heights community in Laguna Beach, California. Arch Beach Heights is a great area in the Laguna Village area in Laguna Beach that has great ocean view homes set against the hillside. Be prepared that many of the homes are located very close to each other and getting to know your neighbors if something you do when you live in Arch Beach Heights. The community has a large park area which is ideal for kids and pets to play as well as multiple tennis courts. If you are in the market to buy an ocean view home under $900,000 we recommend the Arch Beach area. Even with the downturn in the real estate market, finding an ocean view home under $1,000,000 is still hard to find. If you would like more information on where to find ocean view homes and Laguna Beach Real Estate please contact any of our real estate agents today at 949-355-1622. We can give you a lot of insight into the local marketplace and help you find the perfect home.