We got calls all of the time for lot listings that are listed for $200,000 or less in Laguna Beach. These are typically land locked lots that are currently unbuildable in the eyes of the city of Laguna Beach. For the most part, Laguna Beach has a very limited number of buildable lots left available with real estate prices typically starting in the $500,000 range. Of course, having a lot located in a nice neighborhood with ocean views will also command a premium on price. Land is very valuable in Laguna Beach so it's no surprise that many of these lots command a price point of over $1 million dollars just for the land.
We did a quick search and found 3 large buildable lots according to each of the individual real estate listing agents that have described the listing in their remarks this way. The first property is located in the Mystic Hills neighborhood of Laguna Beach and features 0.79 acres of land. Mystic Hills is known for it's incredible ocean and Catalina Island views with an easy drive down to the downtown Village area of Laguna Beach. It's currently listed at $3,990,000 and recently had a $1 million dollar price reduction and is described by the listing agent as "one of the last large buildable lots in Laguna Beach."
Real Estate home prices in Mystic Hills range from $2,395,000 for an approximate 2,006 square foot house to $6,750,000 for an approximate 4,300 square foot home. There is also another Mystic Hills lot for sale that features 0.18 acres and is on the market at $1,795,000. It's being marketed by the listing agent as a "buildable Laguna Lot with Panoramic Ocean and City Lights Views". IMPORTANT DISCLAIMER, Not all Laguna Beach lots are buildable so it's important to check with the city of Laguna Beach planning department to see if any listings are actually in buildable condition. For questions regarding these listings please contact any of our local Laguna Beach Real Estate agents at 949-355-1622.