150 Cress Street

Laguna Beach, CA 92651

PRICE REDUCED

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-$200,000 (-2.22%)

$8,795,000

List Price

8

bed Beds

6

shower Baths

3,300 sqft

straighten / sqft

1955

calendar_month Built

Property Description

Motivated Seller has already purchased another! 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 $250,000-$300,000 from the permitted vacation rental duplex alone. 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 on the world famous shores of Laguna Beach awaits.

Listing Information

List Price $8,795,000
Status Active
MLS OC25017354
HOA $0
Type Residential
Subtype Triplex
Year Built 1955
Lot Size 7,241
Structure Size 3,300
DOM 64
Courtesy Of Derek Lee Larson
Listing Agent Derek Larson DRE#01294200

Interior Features

Laundry Information
Location(s) Stacked
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 6
Fireplace Information
Features Family Room
Additional Information
Additional Features Bedroom on Main Level, Main Level Primary
Cooling Type
Cooling Type Ductless

Exterior Information

Other Structures
Views Ocean

Maps

home_work Nearby Properties

Listing information courtesy of: Derek Larson, Derek Lee Larson 949-677-4121. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 11th, 2025 at 5:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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