The Laguna Terrace Park is one of the best kept secrets for buying affordable homes in the Laguna Beach area. These are manufactured homes situated in one of the best locations in Laguna that are located directly across the street from the upscale ocean front Montage Resort & Spa. From this location it's just a matter of minutes to enjoy a drink at the hotel are make your way down to the beach. Some of the lowest priced homes start at $69,000 for a one bedroom, one bath manufactured home that is located just blocks to the beach.
The community has some of the best ocean views that can be found in the South Laguna area with panoramic ocean and sunset vistas that overlooks the Montage Resort as pictured below. Not all homes will have this spectacular of a view as the homes are located on different areas of the hillside. The homes currently go as high as $394,000 for a 180 degree panoramic two bedroom manufacture home.
The community has a central pool, spa, clubhouse and weekly trash service that are included in the monthly space rent. The rent to lease the land will vary from property to property so it's best to confirm the rate and build them into your monthly calculations before making a decision to buy. Some of the homes offered for sale now have space rents of $2,350 to $2,845 a month. Pets are allowed in this complex as well.
The majority of the homes are single loaded streets as pictured above with each row of streets going gradually higher up the hill. This helps in maximizing the view of each of the properties. There are several vacant lots in this complex is well so there is the potential to still obtain a beautiful ocean view location. For those looking to live in a prime location for a low monthly rate living in Laguna Terrace Park may be the perfect solution.