CREG 05.24.24

Page 1


Enjoy Indoor-Outdoor Living in Spacious Laguna Beach Home

Light, open and beautifully appointed, this spacious Laguna Beach home rede nes Southern California’s enviable indoor/outdoor lifestyle with large windows, illuminating skylights, and numerous sets of glass doors that open most rooms to a gorgeous backyard. Curb appeal is enchanting, with an extra-wide homesite on a cul-de-sac street showcasing lush, tropical landscaping, a two-car garage, and an inviting double-door entry. e rear yard is incredibly private, with multiple spaces for entertaining framed by manicured landscaping and mature shade trees. Approximately 2,910 square feet, the exceptionally re ned home lives like a single-level design, with four bedrooms on the rst level, and the second reserved exclusively for the primary suite. An island kitchen is located in the heart of the residence. e kitchen ows to a spacious wet bar with wine storage, and a den that can be an ideal bonus or media room o ers additional access to the backyard. Natural light lends a warm ambiance to the primary suite, where a lo -like aesthetic is complemented by window seating with ocean views, a wet bar, and a large walk-in closet with built-ins. With its solarium window, the primary bath feels almost like an outdoor oasis complete with a soaking tub and walk-in shower.

Property: 1284 Starlit, Laguna Beach | Offering Price: $2,750,000 Agent Info: Meital Taub | 949.922.9552 | LivelRealEstate.com

Discover the epitome of coastal living in this chic 3-bedroom, 2-bathroom retreat located in the heart of Laguna Beach. Be the rst to enjoy this newly renovated exquisite property that seamlessly blends modern aesthetics with beachside tranquility, o ering a captivating experience. As you step inside, you’re greeted by a thoughtfully designed interior that seamlessly connects the living, dining, and kitchen spaces. e open-concept layout enhances the sense of space and invites a natural ow throughout. e kitchen, equipped with brand-new stainless-steel appliances, serves as a stylish hub for culinary adventures, all while basking in the abundance of natural light pouring in through well-placed windows. Venture outside to your private oasisa charming patio space ideal for both relaxation and al fresco dining.

529 Catalina, Laguna

| 3BR/2BA | Price: $7,500/month Agent Info: Brandy Faber | 949.290.6069 | BrandyFaber@bhhscal.com

Korfanty

MONARCH BAY DREAM RETREAT

This prestigious 24-hour guard-gated neighborhood offers the epitome of coastal living, complete with its own private beach club right on the sand. Nestled within this coveted community, this exquisite property presents an oversized and flat lot, showcasing breathtaking ocean views and ample space to craft your ideal beachside sanctuary.

RENTAL PERMITS

4005 SEASHORE DRIVE

Picture yourself embarking on a weekend getaway, feeling the soft grains of sand beneath your toes as you bask in the splendor of breathtaking sunsets, accompanied by fine wine and cherished friends. This extraordinary opportunity invites you and your loved ones to embrace ownership of an oceanfront property, while luxuriating in the rewards of a short-term rental. This amazing property features TWO highly coveted SHORT TERM RENTAL PERMITS, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five bedrooms and 3 baths. Guests will enjoy walking out to a large beachfront patio downstairs and a spacious ocean-view deck on the top floor. Both units are open and bright, and they showcase upgrades including wood-look wide-plank tile flooring, crown molding and granite bath surrounds. Fashionable kitchens display quartz countertops, peninsulas with waterfall-style edges, stainless steel appliances and white Shaker cabinetry. Property also comes with coastal approved plans for a third floor roof deck addition. The duplex’s outstanding location is destined to be a big attraction for short-term renters. Not only is it directly on the sand, it is close to Lido Marina Village, Fashion Island, golf, parks and world-famous surf spots.

Tara McNabb

949.500.3910

taramcnabb@icloud.com DRE 01871729

Gizelle Sieber

714.328.6525

gizelle.sieber@gmail.com DRE 01958505

Charming Craftsman Style Woods Cove Home | Offered at $4,450,000
470 Flora Street | Laguna Beach
Contemporary Newport Heights New Build | Offered at $8,995,000
427 Santa Ana Avenue | Newport Beach
OPEN HOUSE | Sat (5/25) & Sun (5/26) 1-4 PM
OPEN HOUSE | Sat (5/25) 2-5 PM
1027 W Bay Ave Unit A & B | Newport Beach
Active Closed
625 Kings Rd | Newport Beach
Paseo Celestial | San Juan Capistrano 494 Hilledge Dr | Laguna Beach
Island View Dr | Newport Beach

LAGUNA BEACH | SINGLE FAMILY HOMES

This week the median list price for Laguna Beach, CA is $4,695,000 with the market action index hovering around 33. This is less than last month's market action index of 37. Inventory has increased to 103.

Ma rk et Action Ind

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Med ia n List Price

Ma rk et Segments

Each segment below represents approximately 25% of the market ordered by price.

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

NEWPORT BEACH | SINGLE FAMILY HOMES

GLENNEYRE STREET, LAGUNA BEACH SOLD | $4,200,000
950 HILLCREST DRIVE, LAGUNA BEACH SOLD | $4,625,000
3008 MOUNTAIN VIEW DRIVE, LAGUNA BEACH SOLD | $2,610,190
24202 VISTA D ONDE, DANA POINT FOR LEASE | $7,995/mo
370 NYES PLACE, LAGUNA BEACH FOR LEASE | Booking July and Aug 2024 | $8,500/mo
BLUEBIRD CANYON DRIVE, LAGUNA BEACH FOR SALE | $3,775,000 OR FOR LEASE | $13,750/mo
47 CASSIS, DANA POINT FOR SALE | $2,395.000
585 LOMBARDY LN, LAGUNA BEACH FOR LEASE | $7,000/mo
592 BLUEBIRD CANYON DRIVE, LAGUNA BEACH FOR LEASE | $11,995/mo 30832 MARILYN DRIVE, LAGUNA BEACH SOLD** | $4,300,000

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.