150 Cress Street

  • $7,495,000
Laguna Beach, California
Active
150 Cress Street
Laguna Beach, California
  • $7,495,000

Overview

  • Residential
  • Property Type
  • 8
  • Bedrooms
  • 6
  • Bathrooms
  • 3
  • Garages
  • 3300
  • Sqft
  • 292454
  • Property ID

Description

This is an extraordinary opportunity to acquire a unique, 2 homes on 1 oversized lot, only steps to Cress Street Beach. The first home is a 3 Bedroom 2.5 bath 1400sf, completely detached, single level home, and the second home is an 1800sf Duplex with amazing ocean views. The 3 elegantly appointed, and fully furnished ocean-view villas, 120, 130, & 150 Cress Street are set on an expansive and meticulously hardscaped lot. Perfectly suited for an exquisite owner-occupied residence, or for the most discerning real estate investor. This remarkable property allows the owner to enjoy one of the most coveted beach house locations in Southern California, with the option to occupy both homes, or rent the duplex. What’s more impressive, all 3 Villas are permitted for vacation rentals. Live in paradise and effortlessly earn $250,000+ from the duplex. The short term lodging permits will never expire! The centerpiece of this extraordinary ensemble, is of course, the primary villa, 150 Cress Street, it is a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The Duplex features 3 bedrooms and 2 baths, and 2 bedrooms with 1 bath respectively, they share a separate two-car garage, accessed from an entirely different street, ensuring privacy and tranquility for the primary villa. This is a once in a lifetime opportunity. Your dream of owning a piece of paradise on the world famous shores of Laguna Beach awaits.

Details

Updated on July 7, 2025 at 6:08 pm
Listed by Derek Larson, Derek Lee Larson
  • Property ID: 292454
  • Price: $7,495,000
  • Property Size: 3300 Sqft
  • Land Area: 7241 Square Feet
  • Bedrooms: 8
  • Bathrooms: 6
  • Garages: 3
  • Year Built: 1955
  • Property Type: Residential
  • Property Status: Active

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