150 Cress Street, Laguna Beach, CA 92651
Local realty services provided by:CENTURY 21 Sierra Properties
Listed by: derek larson
Office: california dream luxury homes & investments
MLS#:CROC25149921
Source:CA_BRIDGEMLS
Price summary
- Price:$6,995,000
- Price per sq. ft.:$2,119.7
About this home
PRICED TO SELL! This is an extraordinary opportunity to live steps to Cress Street Beach in world famous Laguna Beach, or a builders dream property, and build up to 6, 1500sf luxury ocean view condos, easily valued at $16,500,000 combined. Currently, there are 2 ocean view homes on 1 oversized lot. The first home is a 3 Bedroom 2.5 bath 1400sf, completely detached, single level, 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. Currently operating as an investment property, earning in excess of $400,000 annually, or perfect for the buyer that wants to live in paradise, while effortlessly earning $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
Contact an agent
Home facts
- Year built:1955
- Listing ID #:CROC25149921
- Added:206 day(s) ago
- Updated:January 23, 2026 at 03:24 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:5
- Living area:3,300 sq. ft.
Structure and exterior
- Year built:1955
- Building area:3,300 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$6,995,000
- Price per sq. ft.:$2,119.7
New listings near 150 Cress Street
- New
$9,745,000Active13 beds 13 baths8,992 sq. ft.1105 N Coast Highway, Laguna Beach, CA 92651
MLS# 26644529Listed by: CB RICHARD ELLIS, INC. - New
$12,950,000Active3 beds 6 baths3,900 sq. ft.604 Allview Place, Laguna Beach, CA 92651
MLS# OC26020131Listed by: PACIFIC COVE ESTATES - New
$8,000,000Active4 beds 5 baths5,579 sq. ft.641 Canyon View Drive, Laguna Beach, CA 92651
MLS# LG26017821Listed by: THE AGENCY - New
$5,495,000Active5 beds 7 baths5,420 sq. ft.1435 Cerritos Drive, Laguna Beach, CA 92651
MLS# CRLG26011871Listed by: LIVEL REAL ESTATE - Open Sat, 12 to 3pmNew
$2,599,000Active3 beds 3 baths1,752 sq. ft.1973 Cortez Avenue, Laguna Beach, CA 92651
MLS# OC26018150Listed by: BON LIFE REAL ESTATE CORPORATION - New
$5,695,000Active-- beds -- baths4,776 sq. ft.437 Cypress, Laguna Beach, CA 92651
MLS# LG26012169Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$5,695,000Active9 beds 9 baths4,776 sq. ft.437 Cypress, Laguna Beach, CA 92651
MLS# LG26015787Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$9,895,000Active4 beds 5 baths3,431 sq. ft.138 Emerald Bay, Laguna Beach, CA 92651
MLS# LG26018024Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - New
$2,995,000Active2 beds 2 baths944 sq. ft.631 Cliff Dr. #A-15, Laguna Beach, CA 92651
MLS# OC26015446Listed by: COLDWELL BANKER REALTY - New
$2,995,000Active2 beds 2 baths944 sq. ft.631 Cliff Dr. #A-15, Laguna Beach, CA 92651
MLS# OC26015446Listed by: COLDWELL BANKER REALTY