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
MLS #
CROC25149921
MLS Source
California Regional MLS
Days on Site
10
Bedrooms
Ground Floor Bedroom
Fireplace
Family Room
Laundry
Stacked Only
Pool
None
Garage/Parking
Garage: 3 Car(s)
Elementary District
Laguna Beach Unified
High School District
Laguna Beach Unified
HOA Fee
$0
150 Cress Street is a Single Family Residence in Laguna Beach, CA 92651. This 3,300 square foot property sits on a 7,241 Sq Ft Lot and features 8 bedrooms & 5 full and 1 partial bathrooms. It is currently priced at $7,495,000 and was built in 1955.
This address can also be written as 150 Cress Street, Laguna Beach, CA 92651.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 08, 2025. For the most current information, please contact Derek Larson, (949) 677-4121