Marc Lyman
Pacific Sotheby's International Realty
Phone: 619-363-3000
Phone:
1111 Prospect St Suite 100, La Jolla, CA 92037
Fax:

MLS# OC25017354 – 150 Cress Street, Laguna Beach, CA 92651

$8,495,000 - 8Br/6Ba - for Sale in Cress Street Beach, Laguna Beach
Price: $8,495,000
Beds: 8
Baths: 5 full, 1 half
Living Area SqFt: 3,300
Status: Active
Property Type: Detached
Lot Size Acres: 0.17
Lot Size SqFt: 7,241
Year Built: 1955
Neighborhood: Cress Street Beach
Days on Website: 153

Courtesy of Derek Lee Larson

Property Description

Motivated Seller! Discover an unparalleled coastal haven at Cress Street Beach. We proudly present an extraordinary opportunity to acquire a truly unique 3 Bedroom 2.5 bath single level home, that also includes a duplex with amazing ocean views, only steps to the sand. This highly coveted property features 2 homes on 1 over-sized lot, including 3 elegantly appointed 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 while boasting an impressive annual revenue of nearly $500,000 per year, or live in the primary single level home full time and continue to take advantage of the vacation rental permits and rent the duplex for $250,000-$300,000 a year! 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 additional two villas, separated by only one common wall between them, feature 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

Open House

Property Details and Features

  • Bathrooms
  • 1 half bathroom
  • 5 full bathrooms
  • 6 total bathrooms
  • Bedrooms
  • 8 bedrooms
  • 8 total bedrooms
  • Building
  • 3,300 estimated square feet
  • Source: Estimated
  • Built in 1955
  • 1 story
  • 1 story
  • Water Features
  • Public
  • Laundry
  • Closet Stacked
  • Listing
  • Source: SDMLS
  • For Sale
  • 131 days on market
  • Listed on 2025-01-23
  • Location
  • County: Orange
  • Lot
  • Approximately 7,241 square feet
  • 4,000-7,499 SF
  • Approximately 0 acres
  • Garage
  • 3 garage parking spaces
  • Parking
  • 3 total parking spaces
  • Property
  • Ocean
  • Sewer
  • Sewer Paid

Property Map

$8,495,000 – 150 Cress Street, Laguna Beach, CA 92651

Street View

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