If you are in the market to buy a fixer upper property in Laguna Beach you are not alone. There is small percentage of buyers who would prefer to put their own stamp on a home rather than have the home completely finished to some one's else taste. Their is typically a trade off for this type of buyer as they are looking for the very best deal that they can find. These savvy buyers analyze the cost of the home plus the renovations they will have to do and figure out if the property will be worth more or less after and the renovations have been done on the home. Most fixer upper home buyers would like to buy at a low price, do the necessary renovations and still be under market value. That is the best case scenario for these buyers. One of the most important things when buying a home is location. In Laguna Beach, the North Laguna area provides one of the best locations to buy a home. Homes with views of the ocean are also an added plus. While searching the homes for sale in Laguna Beach we found a new Laguna Beach home for sale that just came on the market as a short sale in the Emerald Terrace community that requires a fixer-upper buyer with view of the ocean and Emerald Bay for the low price of $1,100,000. If you are a looking for a deal and don't mind the sweat equity of fixing up a home this may the home for you. Laguna Beach has unique real estate and buying a home here requires the skills of a local realtor who can share insight of the community and special building codes that may be require when you do renovate. Our Laguna Beach Real Estate team of Realtors live and work in Laguna Beach and can share with you information that you can only get from a local Laguna Beach professional. Laguna Beach is a great place to live and we are excited about your new home purchase!