The Village Laguna Beach

The Village area of Laguna Beach stretches from the Woods Cove area and continues to the Main Beach area is by far the most sought after residential area for homes in the one to two million range near the beach.  What makes this area so great is the location and the style of homes that can be found here.  First, the location is within a several block radius to the beach and the many shopping and resturants that line Coast Highway.  The homes in this area date back to the early part of the century with many Spanish and bunglaow style homes built in the 1920's.  Ocean view homes are best found closest to the beach as the topography tends to be rather flat and doesn't afford itself to having big ocean views.

Ocean View homes in this are currently start at

Laguna Beach is well known for having the highest concentration of contemporary homes than any other beach town in Southern California.  With a current inventory of 74 contemporary homes on the open market for sale, Laguna Beach is the ideal spot for those who love this architectural design.  The word "contemporary" conjures up images of sleek lines and walls of glass for some people while other consider contemporary as wide open spaces with lots of curves and angels to the walls.  In Laguna Beach you will find three different types of contemporary homes known as soft contemporary, ultra contemporary and your classic contemporary homes with many of these offering ocean views.

Ultra contemporary homes are to the extreme with hard angels and sleek

Everyone from real estate agents to home buyers are talking about the low inventory of housing in Southern California and how frustrating it is to find a suitable property at a reasonable price in today's real estate market.  A lot of times these hidden gems may be out there but not visible on the open real estate market and hidden from being seen anywhere on the Internet.  Sometimes the best deals are those that are on "hold" status for one reason or another.

A real estate agent will put a home "on hold" for a wide range of reasons.  Sometimes seller's will have some kind of an emergency come up and still want to sell the home but are unable to cooperate with showings during a short period of times.  In other cases we see a lot of short sale and bank

Laguna Beach is home to many historic residences as the city was one of the hot spots for vacationers as early back at the turn of the century. Since the city has many picturesque coastlines and secret coves and beaches, Laguna Beach has always been a destination city for those looking to relax and enjoy the views. Often times, vacation residences were built as small weekend retreat homes which were easier to maintain and often adequate for the mini vacation.

As Laguna Beach became more of a place of a permanent residence larger historic homes were built. Some of the best places to find these historic gems is the South Laguna, Laguna Village and North Laguna neighborhoods. Since land is at a premium in Laguna Beach doesn't expect to find

Laguna Beach is a great place to find quality new construction homes by the beach with ocean views.  Of course, home prices in Laguna Beach will vary tremendously depending on the property's location, view and size of the home.  If you are in the market for a brand new construction home built this year in 2012 then home prices will start just under $2 million dollars. 

For $2 Million you will find a home in the hills of the Laguna Village area of Laguna Beach then features warm contemporary lines in the Bluebird Canyon area.  Large entertainment area upstairs with views of the ocean while downstairs features three contemporary bedrooms including a large master suite and luxury master bath featured below.

If your budget allows beyond two million there

If you are in the market to buy a home but looking to leverage your cash you may want to consider seller's who are open to doing a seller carry back.   What exactly is a seller carry back?  Instead of going through a traditional mortgage to buy a home the seller of the bank becomes the bank, in essence, and provides the buyer with an interest rate and terms for the amount that is to be borrowed.  Typically, a certain amount of down payment will be required in order for the seller carry back to work, in most cases this can be anywhere from 10 to 20% of the purchase price. 

Most of it depends on the sellers motivation and the amount of equity the seller has in the property.  If the property is owned free and clear then you will have more negotiating room