$9,495,000
$2M PRICE INCREASE

Estimated payment $62,035/month

Total Views 3,953
8 Beds
5.5 Baths
3,300 Sq Ft
$2,877 Price per Sq Ft

Highlights

  • Ocean View
  • Main Floor Bedroom
  • No HOA
  • Top Of The World Elementary School Rated A
  • Corner Lot
  • Hiking Trails

About This Home

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.

Listing Agent

Derek Larson

Derek Lee Larson Brokerage Phone: 949-677-4121 License #01294200 Listed on: 07/07/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,241 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Ductless Heating Or Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 415
  • Assessor Parcel Number 64407406

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64407406
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3300.00 Square Feet
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2877.27
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7241.00
  • Lot Size Acres: 0.1662

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7241.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 415

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $9,495,000 +26.7% $2,877 / Sq Ft
07/07/2025 07/07/25 For Sale $7,495,000 -9.2% $2,271 / Sq Ft
06/19/2023 06/19/23 Sold $8,250,000 -2.9% $2,866 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $8,498,000 -- $2,952 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25149921

California Regional Multiple Listing Service (CRMLS)

APN: 644-074-06