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150 Cress Street

Laguna Beach, CA 92651

8 beds
6 baths
3,300 sqft
7,241 sqft lot
$2,665 per sqft
1955 build
– on site

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.

Listed By CRMLS_CA / Derek Larson / Derek Lee Larson / 949-677-4121

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# OC25017354 —

This home is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1955
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

3
Structure Type:

Triplex
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

One
Entry Location:

Street
Room Type:

Main Floor Bedroom, Main Floor Primary Bedroom
Living Area Units:

Square Feet
Living Area Source:

Estimated
Fireplace:

Yes
Fireplace:

Family Room
Laundry:

Stackable
Laundry:

1

Room Dimensions

Living Area:

3300.00

Financial & Terms

Disclosures:

Licensed Vacation Rental

Location

Directions:

From South Coast Highway, turn toward ocean, last home on the right.
Latitude:

33.53219500
Longitude:

-117.77635900

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Lot Features:

Corner Lot, Lot 6500-9999
Lot Size Area:

7241.0000
Lot Size Acres:

0.1662
Lot Size SqFt:

7241.00
Lot Size Source:

Assessor
View:

1
View:

Ocean
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

415
Tax Lot:

14

Beds

Total Bedrooms:

8
Main Level Bedrooms:

3

Baths

Total Baths:

6
Full & Three Quarter Baths:

5
Main Level Baths:

3
Full Baths:

5
Half Baths:

1

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

64407406
Showings Begin:

2025-02-05

Heating & Cooling

Cooling:

Yes
Cooling:

Ductless

Utilities

Sewer:

Sewer Paid
Water Source:

Public

Schools

High School District:

Laguna Beach Unified

The Community

Neighborhood:

Cress Street Beach
Features:

Biking, Hiking
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

3.00
Attached Garage:

Yes
Garage Spaces:

3.00

Monthly cost estimate

Asking price

$8,795,000

Expense	Monthly cost
Mortgage	$47,094
Taxes	N/A
Insurance	$2,418
Utilities	$240 See report
Total	$49,752/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/20/25 Mar 20, 2025	Price Changed	CRMLS_CA	$8,795,000	-2.2%
2/5/25 Feb 5, 2025	Relisted	CRMLS_CA	$8,995,000	5.8% (3.5% / YR)
6/5/23 Jun 5, 2023		BRIDGE	$8,498,000

House For Sale

$8,795,000

Cost Est.

$49,752/mo.

Listing provided by broker:

Derek Larson

Derek Lee Larson

949-677-4121

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This house located in The Village, Laguna Beach, CA 92651 is currently for sale for $8,795,000. 150 Cress Street is a 3,300 square foot house with 8 beds and 6 baths that has been on Estately for 52 days. 150 Cress Street is in the The Village neighborhood of Laguna Beach and has a WalkScore® of 88, making it very walkable. This house is in the attendance area of Thurston Middle School, Top Of The World Elementary School, and Laguna Beach High School.

Listing Courtesy of: CRMLS_CA and Derek Lee Larson. Based on information from California Regional Multiple Listing Service, Inc. as of 06:44 on Mar 29.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.