Laguna Beach Properties Under $999,000

Hi and welcome to my latest pick of the week post. Once again, my search for the best of the best has revealed some amazing deals among the excellent selection of Laguna Beach properties currently available.

20321 Sun Valley Dr, Laguna Beach MLS # L34199 $729,000

Brushed by gentle ocean breezes, this single level Laguna Canyon hideaway is nestled amidst the picturesque tranquility of a shimmering stream, acres of lush fruit trees, berry bushes, and cacti, and abundant wildlife of every description. Inside, you’ll immerse yourself in a cheerfully elegant environment graced by double doors, three large bedrooms, two baths, floor to ceiling windows, a raised hearth fireplace, built-in bookcases, and signature artwork. Brick patios and garden walkways enliven the charm of this one-of-a-kind residence. Minutes from the ocean, the home is conveniently close to the major roadways and world-renowned art festivals of Laguna Beach. Incredibly, this Laguna Beach home is offered at only $729,000.

But Wait, There’s More: Other Orange County Properties That Caught My Eye

20348 Sun Valley Dr, Laguna Beach MLS # L32814 $699,000

Gotta luv this one. Tucked away in the rustic privacy of a cull-de-sac, this single story home offers easy access to the breathtaking splendor of Laguna Coast Wilderness Park. Thrill to idyllic, park-like vistas from the cozy comfort of this single story retreat, which features three spacious bedrooms, two full baths, and an over-sized two car garage. Dining and entertaining will be an entirely new experience thanks to a recently-remodeled gourmet kitchen highlighted by a large island perfect for casual eating, granite countertops, and exquisite hardwood cabinetry. Accentuating the home’s spacious master suite is an upgraded bath. Although secluded in the natural serenity of Laguna Canyon, this Laguna Beach home is conveniently close to a rich offering of Laguna Beach amenities, as well as nearby toll roads and freeways. Offered at an irresistible $699,000.

255 Cypress Dr 14, Laguna Beach MLS # L33683 $710,000

No doubt about it. This Laguna Beach condo sparkles with seacoast charm. Once you settle into the classic ambience of this romantic, top-floor villa, you’ll experience an exhilarating synergy of comfort, style, and breathtaking views. Spacious enough for entertaining guests, the 1,050 square ft. unit also accommodates your favorite automobile with a single car garage boasting plenty of extra storage room. When the yen for a bit of seacoast sizzle strikes, you can stroll, strut, jog, or bike your way to the never-ending excitement of nearby Laguna Beach. At $710,000, this beautiful Laguna Beach home is one ocean of a deal.

If you’d like to learn more about the many priced-to-sell Laguna Beach homes that are available, I’ll be delighted to help. As somebody who is well-focused on this one-of-a-kind community, I can answer all of your questions and help you discover the numerous opportunities the Laguna Beach Real Estate market has to offer.

Feel free to contact me at 949.922.8490 begin_of_the_skype_highlighting 949.922.8490 end_of_the_skype_highlighting or hillary@thecoastalpropertyexperts.com.

Laguna Beach Realtor in Action - 9.23.10 - Part 2

Here’s the recap: Buyer puts up $20,000 as a deposit for a Laguna Beach condo. Seller wants to remove all contingencies and tie up the security deposit if the buyer cannot perform. I need to get extensions and an addendum to the purchase contract in order to extend the problems with the loan conditions.

First of all, I totally understand why the seller made this request for the buyer to perform and remove all contingencies, including the loan contingency. It’s his way of locking in the deal as soon as possible. But that doesn’t help my client. So I shake my head – uh-uh. I’ve got to protect the buyer from losing the property and quite possibly losing her sizeable investment. Removing the contingences a day or two early might not seem like a lot. But in the world of Real Estate, every moment counts. Like gold. A lot can be discovered in a day. I want my buyer to have all the time necessary for this major decision. Because once those contingencies are removed, the buyer basically has committed to a home purchase. When the loan gets approved, the buyer is obligated to purchase the house or risk losing the deposit sitting in escrow. In this case, a hefty 20 g’s.

I stood my ground and set this goal – no removal of contingencies until full loan approval with no conditions. So we’re waiting and waiting and waiting for that all-important call from the bank. On top of that, I’m calling the lender twice a day, who in turn has to call the loan processor.

I had decided my best move was keeping the seller’s agent informed with frequent daily updates. The consistent phone calls and emails worked like a charm. The seller knew we were in the game 100%. All we needed now was full loan approval.

Once that happened on the 26th day, we confidently removed all contingencies. And five days later, all our hard work paid off. Escrow closed. Deal done. The upshot? Both sides emerged, feeling whole. The buyer got her beautiful Laguna Beach home, and the seller, a healthy sale. The buyer, seller’s agent, and the seller had trusted me and counted on my candidness.

CASE CLOSED

Would you like to seize one of your own opportunities in the Orange County Real Estate market? I’ll be happy to help. As somebody who is well-focused on this prime locale, I can answer all of your questions and help you discover the numerous opportunities the Orange County Real Estate market has to offer. Feel free to contact me at 949.922.8490 or hillary@thecoastalpropertyexperts.com.

Laguna Beach Realtor in Action -- 9.22.10

And now this week's Case From the Hillary Caston Archives…

Buyer A had seen her share of Laguna Beach homes. Nibbled on a few. Now she was ready to buy. Had her sites on a choice condo in a fantastic location, with an irresistible price tag to match. Yes, she was one serious player. And to prove it, she plunked down a serious amount of cash as a security deposit. $20,000 into the Escrow ‘vault’ it went.

We got off to a splendid start. Both buyer and seller signed all the necessary documents stipulating that all contingencies would be removed once the loan was approved -- in the customary 17 day period.

As the deal glided forward, the buyer took care of details like getting inspections done, negotiating a repair request, signing the full gamut of disclosures, and receiving all condo association documents such as budget and minutes. Things were progressing just as smoothly in the loan-approval realm. The bank had all the necessary paperwork from the buyer - tax forms,
verifications, credit scores, appraisal, etc. All in all, this Laguna Beach condo was looking mighty good.

Then the lender threw us a curve ball. Surprise! The loan documents would require another 3, very unanticipated days of ‘review'. According to the lender, we had loan approval – with conditions. We’d just have to wait. Unfortunately, our 17 day period to remove all contingencies was about to expire NOW! Time’s up. Whistle’s blown. Game over.

“What does that mean,” the buyer fretted. I go into ultra-soothing Hillary mode. “Well,” I calmly explain, “it means the bank still could deny the loan if the conditions are not met.” Then I brace myself and continue – “It also means, if you sign the removal of contingencies, your $20 grand security deposit is at risk. The seller could grab the cash because he’s kept the property off market.”

A worried frown from the buyer. This is not going as planned. I immediately shift into full protection mode and assure her we can circumvent this risk. But both seller and seller's agent would need to know they still have deal. Now at this point, they’re clamoring for removal of contingencies. Bottom line: I’ve got to protect my client's investment until we have full loan approval. This means getting the seller to feel confident enough to give us the extra time we needed. How did I pull off this delicate juggling act?

Find Out in Part 2 of Hillary’s Cliffhanger Case Studies.

And while you’re waiting, I’ll be happy to answer any of your questions or provide information pertaining to the bustling Orange County Real Estate market. Feel free to contact me at 949.922.8490 or hillary@thecoastalpropertyexperts.com.

Hillary's Pick of the Week

Welcome to another pick of the week. As always, my search for the best of the best has revealed some choice gems among the excellent selection of Orange County properties.


28862 Top of the World, Laguna Beach MLS # L34106







This is my personal favorite for the week. Wow! This one story charmer is tucked away in a soothing setting of secluded serenity, perfect for kicking up your heels and forgetting your cares. But be prepared to be carried away by breathtaking views of surrounding Laguna Canyon. You’ll also bask in the comforting luxury of an exquisite interior, which features a spacious open floor plan, vaulted ceilings, roomy dining area, and tumbled marble flooring in the bathrooms. At $1,195,000, an incredible buy for those who want get away from it all!

But Wait, There’s More: Other Orange County Properties That Caught My Eye –










18 Forest Hills Ct 53, Dana Point MLS #S619965

Yes, it’s located in the resort style community of Tennis Villas. But you don’t have to be a tennis buff to appreciate the lively sophistication of this single level Dana Point home. Thrill to spectacular views from every room as you savor the crisp ocean air. And you won’t have far to go for fun — this home is well within walking distance of Salt Creek Beach and the Monarch Links Golf Course. Step inside, and you’ll discover new carpet and paint, built-in appliances, and solid surface countertops. While all the other comparable properties in the community are lingering in the $700,000 range, this honey of a home is a standout at $589,000!

26882 Calle Maria, Dana Point MLS # S630875

Escape to your own beach hideaway in this stunning Dana Point home. Features a rose-lined walkway, four spacious bedrooms, 3 baths, and an outdoor patio that’s ideal for entertaining guests, marveling at a golden sunset, or enjoying the comfort of gentle sea breezes. You’ll also appreciate the convenience of being close to Dana Point Harbor, San Clemente Pier, championship golf courses, 5 star resorts, and miles of pristine beaches. But hold on. You’ll be journeying back to in time to 2003 prices! This spacious 4 bedroom, 2200 square ft. home is on the market at an amazingly low $863,000.

If you’d like to learn more about the many priced-to-sell Orange County homes that are available, I’ll be delighted to help. As somebody who is well-focused on this one-of-a-kind community, I can answer all of your questions and help you discover the numerous opportunities the Orange County Real Estate market has to offer.

Feel free to contact me at 949.922.8490 or hillary@thecoastalpropertyexperts.com.

laguna Beach Homes for Sale April 26,2009

We have exciting news being reported from The Coastal Property Blog site in Laguna Beach. We are going to be giving you weekly stats of active homes for sale in Laguna Beach, homes for sale in Laguna Niguel homes for sale in Dana Point and homes for sale in Newport Coast.


April 27, 2009
Laguna Beach Active In Escrow %
Total # of Homes 390 51 12

$1,000,000 and under 58 20 26
$1,000,000 - $2,000,000 144 25 15
$2,000,000 - $5,000,000 43 0 0
$10,000,000 and over 27 0 0


Newport Coast Active In Escrow %
Total # of Homes 213 17 7

$1,000,000 and under 32 5 14
$1,000,000 - $2,000,000 45 6 12
$2,000,000 - $5,000,000 96 5 5
$5,000,000 - $10,000,000 32 1 3
$10,000,000 and over 12 0 0


Laguna Niguel Active In Escrow %
Total # of Homes 348 174 33

$500,000 and under 124 92 43
$500,000 - $1,000,000 133 66 33
$1,000,000 - $2,000, 61 12 16
$2,000,000 and over 33 7 18


Dana Point Active In Escrow %
Total # of Homes 280 80 22
$500,000 and under 37 33 47
$500,000 - $1,000,000 131 34 21
$1,000,000 - $2,000,000 53 13 20
$2,000,000 and over 63 0 0


These numbers are a huge indication of a coastal real estate market up swing. Yes, a trend is being set. Homes in Laguna Beach under one million dollars are hot. They represent over 25% of the homes sold! We see a precedent being set and a bottom being established for Laguna Beach homes for sale in relationship to them being sold. Now with this being said on the low end, we shall talk about the homes sold between the 2 million - 5 million dollar range. Only 5% have sold. What does this mean for Laguna Beach real estate? The bottom has not been established in this price range and higher yet. There are so few sales. Either the sellers do not have the same urgency to sell or they are just foreclosing to the banks and the banks have not started to unload them. We believe we have not seen the worst to come in the high end markets. Laguna Beach real estate is an area unto itself. It will loss its 35% but Laguna Beach homes will come back faster than most areas along the coast.

We want you to review the other stats for Dana Point homes for sale, Laguna Niguel homes for sale and we are providing Newport Coast homes for sale too. You can see the data and know buying a second home or being a first time home buyer or even an investor, these lower end price points are where to be.

Please call us with your questions about coastal real estate. We are here to serve you. Also our web site, www.TheCoastalPropertyExperts.com is a great tool for doing your orange county real estate searches.
Posted by Hillary Caston at 10:28 AM 0 comments
Labels: coastalproperty, laguna beach homes, Laguna beach real
Hillary Caston
949-922-8490
www.hillaryandcharles.com

August is HOT in Laguna Beach

It's hot in Laguna Beach! And so is the Laguna Beach real estate market. Throughout the summer, we have been previewing some gorgeous oceanfront property. Many tantalizing homes are available and for some of the beach properties, you can actually have a voice in its completion

Foreign buyers continue to embrace the Laguna Beach real estate market. Earlier this summer, I told you that my web site, www.hillaryandcharles.com, The Coastal Property experts is receiving at least 20% inquires from England, Canada, and Italy! Well the numbers are higher now. Obviously the value of their monies makes beachfront homes a steal!

I'm going to ask you the same question I ask a few weeks ago to anyone thinking about buying a Laguna Beach condo, a Laguna Beach home, or a beachfront home:

Do you want to buy when the real estate market is coming down or do you want to buy Laguna Beach real estate when the market is going back up? It's still your choice!

Real Estate is "On the Move" in Laguna Beach Area

A quick review of beach property sales as compared to properties on the market in Laguna Beach, Newport Beach, Dana Point and Laguna Niguel shows good results. Sales are improving and homes are "moving" off the market. It’s interesting to look at how much of our beach property inventory actually sold during the last 60 days! We all know that a decrease in beach property inventory equals an increase in beach property sales.


Laguna Niguel leads the way in percentage of homes sold! Twenty-eight percent of Laguna Niguel homes sold within the last two months. Although Laguna Niguel is not an ocean front community, many of the homes have ocean views. There are some fabulous buys in this community.


Dana Point real estate which has wonderful beach and beach front properties experienced homes sales at 17.5%. Newport Beach real estate inventory decreased 15 % while 8 % of the Laguna Beach ocean front and beach homes were sold.


Highly desirable ocean front and beach properties on the Pacific coast continue to present investment opportunities for buyers outside the United States who are seriously pursuing purchases of the ocean front homes.


Coastal property experts know that ocean front and beach homes are always in demand and many of these homes are “on sale”.