Laguna Beach is truly a special place with many vintage cottages that date back to the early part of the century. These homes are typically on the small size that can average under 1,000 square feet. What they lack in size they make up for in local charm and quality old world craftsmanship. The large majority of these homes are located near the beach in a one to three block radius. Some of the features that are often found in the cottages include vaulted ceilings, white picket fence, small front and back yards, outdoor decks and hardwood flooring.
One of the unique things that is currently is happening in the downtown Laguna Beach area is putting the utilities poles and wires underground. This will be done on a street by street basis with construction already taking place. The cost is being passed on to the homeowners who can elect to either pay the fee in one lump sum or pay over an extended period of time and have it included in their utility bill. This is sure to increase property values and enhance the views for any home that can see the Pacific Ocean.
Real Estate prices for small vintage properties is not cheap as most homes in Laguna Beach will start selling in the mid $700,000 range. Homes with a lot of charm and curb appeal will command a premium in price so expect to find list prices in the $1,200,000 to $2,000,000 range. There are a lot of factors when looking at market values but the key ingredients in Laguna Beach is location, view and size of the home. Historic homes are very much in demand and can also offer substantial tax savings through the Federal Mills Act Organization. For those considering buying a home in the Laguna Beach area should contact any of our local real estate agents at 949-355-1622 today.