Sold
150 CRESS Street sold on June 19, 2023 for $8,250,000, 2.9% below the $8,498,000 asking price after 19 days on the market. The buyer paid cash. The details are below for reference.
150 CRESS Street, Laguna Beach, CA 92651
- 8 beds
- 6 baths
- 2,879 sq ft
- 7,241 sq ft lot
- Built 2007
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$8,250,000
Subdivision The Village
The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants.
27 single-family homes sold in the past 12 months · median $3,100,000
This home has a newer listing: MLS OC25233819 (Sold).
The home
About 150 CRESS Street
Incredible Value & Opportunity!! Extraordinary Laguna Beach Location!! This one of a kind property offers three spectacular beach villas (a duplex & a single family residence). The villas generated gross income well over $425K in 2022. These spectacular villas have the potential to generate income between $500K to $600K per year. Villas offer one of the highest CAP rates of over 4% & potential to exceed CAP rate of 5%. This gated World Class Laguna Beach residential family complex consists of 3 beautiful beach villas. Perhaps the most attractive and versatile multi-villas property currently available in the coastal areas of Orange County. Nestled on an approximately 7,200 sq. ft. lot immediately adjacent to the Cress Street Beach steps, and with parking for at least 6 vehicles. The property offers 3 lovely single-level villas with a total of 8 bedrooms, and 5.5 baths. Mixes of three villas: 2 bedrooms & 1 bath; 3 bedrooms & 2 baths; & 3 bedrooms & 2.5 baths (SFR). The family compound rests a short walk or ride from restaurants and shops in one of the area’s trendiest neighborhoods, the Hip district. Completely renovated and incorporating the finest materials & fixtures, each of the beach villas is worthy of the most discriminating guests or family members. Wide-plank wood & tasteful natural stone floors & shower walls, recessed lighting, crown molding & tray ceilings, stainless steel kitchen appliances, & luxurious bathrooms are only a few of the features contributing to the ambiance of casual sophistication. An expansive, multi-level courtyard features 4 fire pits & seating, with views of the ocean and spectacular sunsets. The investment & use options of this one-of-a-kind complex make it a superb prospect for immediate as well as long-term financial and tax benefits. Villas offer a viable 1031 exchange & enhance your great investment opportunity. Excellent use as a beach house for family & friends; as a second home & rent the villas as vacation or long term rentals as needed to supplement the income to offset property expenses. Very rare Laguna Beach short term rental license conveys with the property. Potential to add a second story to capture mesmerizing Panoramic Ocean/Coastal line views, Catalina Island, beautiful hills, & to increase the value significantly.
Property details for 150 CRESS Street
This 8-bedroom, 6-bath single-family home sits in the Village neighborhood of Laguna Beach in Orange County. It has 2,879 square feet of living space on a 7,241-square-foot lot. The home was built in 2007. The MLS record lists the assessor parcel number as 644-074-06. Highlights include ocean and coastline views, a fireplace, single-story living, central air, and cottage architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC23063295
- Year Built
- 2007
- Living Area (sq ft)
- 2,879
- Living Area Source
- Other
- Lot Size (sq ft)
- 7,241
- Lot Size (acres)
- 0.1662
- Levels
- One
- Bedrooms
- 8
- Full Baths
- 5
- Half Baths
- 1
- Parking Spaces
- 2
- View
- Coastline, Ocean, Panoramic, Water
- Parcel Number
- 64407406
- On Market Date
- 2023-04-15
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Ceiling Fans, Eat In Kitchen, Furnished, Granite Counters, Recessed Lighting, All Bedrooms Down
- Appliances
- Built In Range, Barbecue, Convection Oven, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Refrigerator
- Flooring
- Stone
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Gas, Living Room
- Laundry
- Inside
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 3
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Custom Coverings
- Doors
- French Doors
- Accessibility
- None
Exterior Features
- Architectural Style
- Cottage
- Roof
- Composition
- Construction
- Wood Siding
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Concrete, Open, Patio
- Parking
- One Space, See Remarks
- Fencing
- Wrought Iron
- Pool Features
- None
- Spa
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- Units
- 1
Community Features
- Subdivision
- The Village (VIL)
- Community Features
- Curbs
- Security
- Smoke Detectors
The record
Property History for 150 CRESS Street
| Date | Event | Price | Note |
|---|---|---|---|
| Feb 3, 2026 | Sold | $7,000,000 | California Dream Luxury Homes & Investments |
| Jun 19, 2023 | Sold | $8,250,000 | |
| Jun 2, 2023 | Sold | $8,250,000 | Tri-Star Realty |
| May 6, 2023 | Status changed to Pending | From Active Under Contract | |
| May 4, 2023 | Status changed to Active Under Contract | From Active | |
| Apr 15, 2023 | Listed for sale | $8,498,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 150 CRESS Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0417K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Outside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: Frontier, up to 7,000 Mbps, at 23 of 26 residential locations in this census block. Fiber: Cox Communications, up to 1,000 Mbps, at 26 of 26. Fixed wireless: Verizon, up to 300 Mbps, at 23 of 26.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626194025, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger less than 0.1 miles away (ChargePoint, 2 Level 2 ports). 25 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
150 CRESS Street is no longer on the market, but comparable homes come up in Laguna Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 150 CRESS Street
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The neighborhood
About The Village
The Village is Laguna Beach's downtown core, where Forest Avenue and South Coast Highway meet walkable blocks of art galleries, storefronts, and restaurants. It fronts Main Beach Park and the bluff-top trails of Heisler Park, sits within Laguna Beach Unified School District, and keeps its historic gallery-town character along the coast.
The Village home sales, past 12 months
- Homes sold
- 27
- Median price
- $3,100,000
- Median days on market
- 33
- Median per sq ft
- $1,728
Recorded MLS closings of single-family homes, Oct 22, 2025 to Oct 22, 2026. Days on market run from listing to going under contract.
Recent The Village sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 699 Wendt Terrace | Oct 19, 2026 | $4,200,000 | 2,827 | $1,486 | 8 |
| 634 Glenneyre | Oct 14, 2026 | $2,995,000 | 1,300 | $2,304 | 0 |
| 499 Legion | Sep 28, 2026 | $3,810,000 | 2,335 | $1,632 | 86 |
| 609 Seaview Street | Sep 28, 2026 | $2,130,000 | 888 | $2,399 | 6 |
| 750 Griffith Way | Sep 23, 2026 | $3,950,000 | 2,050 | $1,927 | 77 |
See homes for sale in The Village Laguna Beach housing market
Schools
School District for 150 CRESS Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Laguna Beach Unified.
Moving to Laguna Beach covers its schools, parks and beaches.
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Listed by Carl Wuestehube of Tri-Star Realty
Listing information updated Jun 20, 2023 at 8:22 AM PT. Source: CRMLS.
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. The 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, the 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.