Laguna Beach is arguably one of the most desirable and beautiful places to live in Southern California and real estate prices reflect this. For the most part Laguna Beach is filled with Muti-million dollar homes and residential condos that often overlook the Pacific Ocean. There is a small section of Laguna Beach where you can find more affordable housing in the means of a manufactured home. Directly across the street from the famous Montage Resort is a community called Laguna Terrace Park. Here you will find manufactured homes that have one of the better locations in all of Laguna Beach with a short walking distance down to the beach and with local shopping and grocery stores located nearby. Amenities include a heated pool, clubhouse, jacuzzi and fitness center.
Real Estate prices are surprisingly affordable as the lowest current home in this community listed at $55,000 and goes up to $299,000. As with everything in life if it sounds too good to be true then there must be some kind of catch. If you have every looked at manufactured home communities in Southern California you will often run into the scenario where the owners do not own the land underneath the property. That means that you have a land lease and pay a certain amount everything month where the home sits on the lot. So for example, the home that is listed for $55,000 has a current land lease amount of $3,416 a month. So it comes to the point would you rather own a home and pay this amount every month or rent a home for the same amount. There are also others that would prefer to buy a lower cost condo and have that monthly go towards a monthly mortgage payment. Everyone's situation is different so if location is the key to where you want to live then buying a manufactured home in Laguna Beach could make sense. We have listed below the current manufactured homes on the market for sale in Laguna Beach below.