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 property has been used for large benefit parties and has been featured in Hollywood movies. The home itself features three bedrooms with a guest house as well. The value of the property in mainly due to the largel parcel of oceanfront land.
Similar type land can be found at the tip of Emerald Bay and commonly referred to as Emerald Point. Emerald Point is home to approximately 25 properties that occupy both the Emerald Bay and Irvine Cove side of the cliff. Real Estate prices for these ocean front homes currently start at just under $16 million dollars with homes sales well above this price point.
For more information on locating a home here in Laguna please contact any of our local agents at 949-355-1622 today. We know Laguna Beach and will be happy to assist you.