Land Locked Lots For Sale
Posted by Sam Smith on Wednesday, October 30th, 2013 at 4:25pm.
When looking at land in Laguna Beach it's important to understand the principle of "land locked." Land locked is a term that describes a piece a land where a home cannot be built upon. This can be for a variety of reasons including no current roads that lead to the lot, an area with no utilities and an area where the city has designated that no homes can be built. When looking at land in Laguna Beach it's very important to check with the city to see what the building restrictions will be for building on a lot. Laguna Beach has many restrictions when building so it's important to find out even if the lot is not land locked.
So why would someone purchase a piece of land where you cannot build a home? One agent explained to me that it's a gamble when purchasing a lot like this. Even though no homes are currently not available to be built you never know if that will change in the future. Often times these lots will be priced below $50,000 when the norm for Laguna Beach is $600,000 and above. Normally these lots are passed down from generation to generation in the likely event things will change in the future. One area where you will find these type of lots is in the Arch Beach Heights community. Below are lots for sale in Laguna Beach under $400,000. Please check with us to confirm if any of these listings are land locked or homes can be built upon them. If you have any questions about lots for sale in Laguna Beach please contact us at 949-355-1622 today.
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