Laguna Beach Oceanfront Homes

The 2020 year has almost come to an end and it's been a year like no other.  With all the ups and downs to everything that has happened this year the Laguna Beach Real Estate market continued to have a strong pool of buyers who were ready to make a purchase this year.  Although we have seen much higher sales in previous years there were still many homes in Laguna Beach that sold for over $10 million dollars which is amazing considering what 2020 has thrown at us.  There were actually two properties that sold for the exact same amount so we have included the top 4 sales this year.

2661 Victoria Drive was one of the third highest sales that occurred in Laguna Beach this year and was truly an amazing home.  The three level property sold for $12,500,0000

One thing Laguna Beach is well known for having is a great views.  I personally think there is no better beach town in Southern California that can offer the outstanding views that many homes throughout this famous beach town of Laguna Beach.  The views can really be awe inspiring that often times include ocean, Catalina Island and sunset views.  Many local real estate agents like to advertise these homes as offering a 180 degree view.  If you look at the topography of Laguna Beach you will soon quickly realize this is actually true since many of the properties are located on a hillside that offer wonderful panoramic views.  Neighborhoods like Temple Hills are great places to find many of these type homes that command a premium in price due to the large

One of the newest features added to our MLS is being able to view coming soon listings.  These properties are technically not active on the market and are in the pre-marketing stage of being put on the market.  The coming soon feature was added so agents can get there home available to other real estate agents and potential clients while they are getting their professional photos and other marketing materials together.  The advantage of doing it this way for agents is that the days on the market will not start counting until it's officially switches to active.  If you have been familiar with real estate for awhile these were commonly known as pocket listings where real estate agents would only share these potential properties to clients they are currently

Laguna Beach is one of the few locations in Orange County, California where you can find homes that are located on the sand.  Neighboring beach towns like Newport Beach will also have beach front homes but often times have a boardwalk right in front of them.  Back in the 1960's it wasn't uncommon to build homes that were located literally on the sand in Laguna Beach.  Popular neighborhoods like Victoria Beach are a perfect example of where you can find these beachfront homes that have a lot to offer.  Of course, real estate in Laguna Beach is never cheap and you will pay a huge premium to have one located right on the beach.  A great example of this is a new listing that just came on the market in Victoria Beach and located at 2800 Ocean Front.  It

One of the hottest trends right now are 3D virtual home tours.  Since most showings are very limited agents in Laguna Beach are now making sure they every listing they have on the market comes with a virtual tour.  We checked all of the recent listings in Laguna Beach that have come on the market in the last week and every single one had a virtual tour.  The most popular virtual tour company by far is by Matterport which shows a 3D image of the property as if you were looking above the house and allows the consumer to walk through every single room as if they were at the house.  This makes a lot of sense since we have been getting a lot of calls lately of potential buyers asking for the virtual tour links of any given property.

One of the additional

We recently had a client who was interested in purchasing a condo in the Laguna Lido complex in Laguna Beach.  The listing had mentioned that the condo was on a leasehold interest.  The listing broker remarks on the listing goes on to say that the "Sellers (Lessees) have the LEASE HOLD Interest until 2059". It goes on to say that the "Lessee pays for HOA, Annual Lease fee of $11,643,21. plus Taxes, Insurance and Utilities. At the end of lease Term, Lease Hold Interest reverts back to Lessor."  Our client wanted to get more information on this since they thought they say some other listings in the Laguna Lido that did not have leasehold interest so we did some checking.  After reviewing previous listings in this complex we noticed a fair number of units

We were just contacted by a client who is looking for off market condos in the Laguna Beach area.  Her main criteria is that she wanted a condo with spectacular views with a lot of building amenities.  Right now is considered our off season as many owners have decided to take their home off the market for the holidays.  Our typical selling season starts right after the first of the year and continues through the end of September.  The months of October, November and December are normally slower even through homes continue to sell just at a slower pace.  Even though a lot of owners take their home off the market for the holidays doesn't mean that they don't want to sell anymore.  A good real estate agent will have access to these properties and be able to

There has never been a better time to buy an ocean front condo in the famous Table Rock complex.  Inventory always tends to be very low in this complex due to the small number of oceanfront condos that are in existence here.  Right now, buyers have 4 condo listings to choose from in Table Rock that offer spectacular ocean views in arguably one of the best locations in Laguna Beach.  Real Estate prices start at $2,650,000 for a 2 bedroom, 2 bath condo with 1,136 square feet and direct ocean front views to as high as $4,999,000 for a 2 bedroom, 2 bath condo with 1,371 square feet.  What separates these price points is the location within the complex, size of the unit and condition as far as upgrades to the condos, etc.  3 of the 4 new listings have been on

Buying a home in Laguna Beach can be tricky when deciding on which neighborhood to live and the best time to buy.  There are pros and cons to buying at different times of the year in Laguna Beach and often depends on how the current real estate market is doing.  It's first important to establish if the market is a buyers or a seller's market.  A buyers market means that homes will sit on the market longer than usual.  Buyers don't have to rush into buying a home and can often negotiate with the seller off the listing price.  In a seller's market properties are selling very fast and the owners are in control on who they sell it and the price they think the market will bear.  

Most of the homes in Laguna Beach will come on the market between January

The Laguna Lido has recently updated their pet policy when it comes to those who are planning to rent a condo in the complex.  This includes those looking to do a long term lease and those looking for vacation rentals as well.  According to several owners in the building the policy does not effect owners who live there as they are still allowed to have pets.  The rule takes aim at those looking to rent at the Laguna Lido as renters are not allowed to have pets.  We recently had some clients who were looking to rent the property for one month in the summer time and were told by multiple owners that the new policy does not allow for them to have pets, only for the owners.

Located on the oceanfront, the Laguna Lido is widely considered one of the top