Laguna Beach: Oceanfront Property Sees a $1,090,000 Price Reduction
An oceanfront property for sale in Laguna Beach just saw a $1,090,000 price reduction. Now listed at $10.9 million, the home was previously listed at $11,990,000. It was originally listed for $12.5 million – which is a $1.6 million reduction overall.
Located at 2015 Ocean Way in the Laguna Village, this home has 4 bedrooms, 3.5 baths, 3,000-square-feet on a 4,680-square-foot lot and direct beach access and ocean views. The home overlooks Laguna’s Lover’s Cove and Woods Cove beaches hit the market priced at $12.5 million.
It last sold for $7 million in April 2008 and completed remodel in 2009. So the sellers believe (or know) there are $5.5 million worth of upgrades in this place? That’s a pretty steep increase.
Here are some more details from the MLS description:
“Completely remodeled (2009) this private, gated compound features hardwood mahogany floors, designer finishes and beadboard treatments with 4 bedrooms (one converts to den/guestroom with murphy bed) plus 3.5 baths. Premium chef quality kitchen with Viking/Subzero appliances. Floor to ceiling walls of glass overlooking the white sandy beach & serene tide pools below; picturesque Laguna coastline and Catalina Island views from most every room. Smart Home electronics & security, HD media (Kaleidescape Home Theater) thru-out. Secluded patio atrium with BBQ center, firepit and ambient lighting. This stunning property has been completely furnished and equipped in sophisticated ‘Hamptons style’ and comfortably accomodates and sleeps 14 guests. Situated next to the ‘Landmark’ Bette Davis Estate and one block to galleries, shops, cafes and entertainment venues.”
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