Tagged : Twin Points Laguna Beach

This has been a record year for real estate sales in Laguna Beach.  We have seen some incredible homes sell at amazing prices and some of the most premium properties coming on the market for sale.  By far the most exciting part of the year was seeing the iconic Twin Points home come on the market for sale.  Twin Points is a rare property that sits on a huge ocean front parcel of land that splits into two points, hence the name "Twin Points."  The land can be seen from many coastline spots and we never thought we would see this iconic property come on the market this year.

Twin Points is located at 1101 Marine Drive in Laguna Beach.  The home sold for $45,000,000 and closed escrow on 02/02/2016.  It was originally listed at $75,000,000 and was on the

One of the most famous and true landmark estate home has gone on the market for $75 million according to the Wall Street Journal.  The home is located in the upscale North Laguna area and features two points that span 74,052 square feet according to Realist Tax records.  The name "Twin Points" gets it's name from the two separate sections of land that stretch out into the Pacific Ocean.  The estate has been family owned since 1930 when the estate was purchased by the Contino family.  This is a true prize real estate offering and a one of a kind property.

The listing is the highest priced listing in Laguna Beach and trumps the previous list price of a $65 million estate home located in the gated community of Irvine Cove in Laguna Beach.  Over the years

The Twin Points Estate is probably one of the most recognizable and most photographed spots in all of Laguna Beach, California.  Situated at the tip of Marine Drive in North Laguna sits a large parcel of land that spans 74,052 square feet according to Realist Tax records.  Commonly referred to as "Twin Points" for the two separate sections of land that stretch out into the Pacific Ocean.  If you were to stand the very tip of either of these points you would view Emerald Bay to the north and Main Beach to the south. 

In today's real estate market it's almost unheard of to have this much oceanfront land associated with one property.  Typical ocean front homes will be located on around a 10,000 square foot lot with lots between 20,000 to 40,000 square feet