Every week, Hillary Caston and her team at The Coastal Property Experts look for homes for sale that are of interest. Take a look at the Picks for 7-29-10. To see the full MLS listing information on any of these properties, go to: http://www.thecoastalpropertyexperts.com/Market-Snapshot-Report.php

This week, we highlight 6 homes: 2 Homes for sale in Laguna Beach, 2 Homes for sale in Laguna Niguel, and 2 Homes for sale in Dana Point.

Registered Users of the website get the first look at these properties. To get on the list, be sure to register after clicking on the “Search MLS Listings” button.

33932 Barcelona Pl, Dana Point, CA

33932 Barcelona, Dana Point Homes for Sale

Priced at $1,849,000

$307.81/Sq.Ft.

The layout of this home is a little “unique”; however, the extras on this Dana Point home for sale are incredible: gameroom,

Guest/Maid quarters, Photo Lab/Dark Room/ Wine Cellar

Workshop, Media/Music Room/Game Room, Unfinished

Basement, Exercise Room, Au Pair Suite, Pool&Spa,

4-car garage (which can fit an RV)  and more!

The home is 6007 SqFt and sits on a 9500 SqFt Lot.

32512 Azores Rd, Dana Point, CA

32512 Azores, Dana Point Homes for Sale

Priced at $1,699,000

$536.47/Sq.Ft.

Single Level Custom home in Monarch Bay Terrace.

More than 1/3 acre lot size with a 3167 SqFt Home

715 Marlin, Laguna Beach, CA

715 Marlin, Laguna Beach Homes for Sale

Prices at $2,130,000

$495.35/Sq.Ft.

4300 Sq. Ft. on a 9000 Sq. Ft. Lot

Ocean Views and a Master with Fireplace

232 Chiquita St., Laguna Beach, CA

232 Chiquita, Laguna Beach Homes for Sale

Short Sale Priced at $1,200,000

$571.43/Sq.Ft.

Ocean view remodel with 3 Beds/4 Baths

2100 Sq. Ft. on an R2 lot that has a 1/1 rear unit that currently rents for $1400/mo

31941 E. Nine Drive, Laguna Niguel, CA

31914 E Nine, Laguna Niguel Homes for Sale

Priced at $1,050,000

$ 368.42/Sq.Ft.

Gated community of Links Pointe with views of El Niguel Country Club Golf Course

4Beds/3Baths/2850 Sq. Ft. on a 7560 Sq.Ft.Lot

14 Palisades, Laguna Niguel, CA

14 Palisades, Laguna Niguel Homes for Sale

Priced at $1,195,000

$ 497.92/Sq.Ft.

Ocean views on a single loaded cul-de-sac

4 Beds/3 Baths / 2400 Sq. Ft.

I wanted to share with you two things about the Laguna Beach Real Estate Market:

1) Information on 8 Home for Sale in Laguna Beach that have had significant price reductions since they were first listed. Many of these are priced under $1 Million which can be considered a fabulous deal for this coastal beach community in Orange County.

2) From our archives of information, we pulled up an article from 2008 discussing what real estate REO and Short Sale investors were looking for at that time…what they considered to be a bargain when buying a home for sale.

Price Reductions: If you would like to see details on any of these Laguna Beach Homes for Sale, click through to the website.

Discover What Some Real Estate Investors Consider to be a Bargain:

I have often mentioned that we are seeing prices in Laguna Beach that haven’t been seen since 2002 – this is good news for buyers. Add to that, historically low interest rates and you should keep your eyes open for your next home.

I ran across an interesting article that appeared in Investor’s Business Daily in July, 2008. The article was titled “Investors Hunt for Bank-Owned Property Bargains in Packs”. The article explained how investors were pooling their money to buy defaulted loans in bulk directly from the banks rather than trying to negotiate properties just one a time, a process which they felt was too pricey, and too slow.

The interesting thing was what these investors were looking for in regards to price rollbacks. It stated, “Some want only homes with prices cut to 2001 sales values…People who have cash positions now are going to do very well….”

So where are these investors looking? “Some investors say a key to this type of purchase is focusing on spots with strong rental markets. Some buy strictly in the Sun Belt – Texas, Florida, California – citing the region’s long-term desirability”

Location is always important in real estate. You may be able to get a lot of house in a place such as the Inland Empire; however, the better value may be near the coast.

In the past, the entry level cost of a home in this area has pushed people further inland for a home purchase. What was true in the past may not be true today if you are paying attention to the prices.

Keep your eyes open for your opportunity and if our team can be of assistance to you, give us a call.

New Laguna Beach Home for Sale since July 1, 2010

Here are just a few homes new to the Laguna Beach Real Estate market since the beginning of the month. Do any of these spark your interest?  2 Emerald Bay Beauties, a Plantation inspired REO in “The Loop”, and an Ocean Close lot with approved plans for a Gregg Abel cottage reminiscent of “Old Laguna”.

Click here now to see all the details for these homes!

21056 Laguna Canyon Rd, Laguna Beach:

Listed at $969,000

Large, 13,740 Sq. Ft. Lot, with main house and studio apartment

200 Fern St., Laguna Beach:

 Listed at $899,000

Secluded lot with plans in Woods Cove

1316 Cerritos Drive, Laguna Beach:

 Listed at $1,149,000

4 Bedroom Temple Hills Home

3035 Bern Drive, Laguna Beach:

 Listed at $1,329,000

Single Story pool home with views on a 28,350 sq. ft. lot

974 Del Mar Avenue, Laguna Beach

Listed at $1,995,000

Panoramic Views from this 3300 Sq. Ft exquisite home

723 Emerald Bay, Laguna Beach

Listed at $3,995,000

Soft European influences adorn this 4 Bedroom home

73 Emerald Bay Drive, Laguna Beach

Listed at $10,995,000

5 Bedrooms / 7 Baths and prime Main Beach location

Newly constructed in 2008

31302 Monterey Street, Laguna Beach

REO Listed at $1,400,000

Period charm throughout this 2222 Sq. Ft. Home for Sale

This week we prepared a couple of highlight videos for you for the North Laguna Beach community of Emerald Bay. This is an area that I talked about a few weeks back in regards to some pretty hefty price reductions that we saw for these Laguna Beach Homes for Sale. See that Post.

Currently, there are 22 Homes available in the Emerald Bay community. Since the beginning of the year, there have been 7 completed home sales in this area.

Located just north of Laguna Beach, California, the premier community of Emerald Bay has evolved from what was once a quaint beach destination to being recognized as one of the most sought-after private communities in Orange County.

There are homes in Emerald Bay to fit most every taste. Premier properties can be found in styles such as French Provincial, Country French, Hawaiian Plantation, Tuscan, Mediterranean, Contemporary, English Manor, or Quintessential Laguna Beach Cottage.

Many of these homes for sale in Emerald Bay offer breathtaking views of the ocean, bay, Catalina Island, Sunsets, White Water, Canyon, Hills, Panoramic view. Imagine ending each day in an Emerald Bay home destination with the smell of Pacific Ocean breezes and the inspiring sights of another West Coast sunset.

This inclusive community has 524 single-family residences and is bordered with hillsides to the east, the Pacific Ocean to the west, and naturally defined coastal promontories to the north and south. Residents enjoy a sense of intimacy and privacy in this seaside coastal retreat.

The community amenities enhance life in Emerald Bay. These include: 14 acres of private parks, a private beach, community center, the Al Simmons swimming pool complex, 6 well-maintained hard tennis courts, a tennis pro shop, beach volleyball courts, guard-gated entry and 24-hour security patrol. Community activities can also be enjoyed which include exercise classes, kid’s programs, concerts in the park and adult trips throughout the year.

As always, if I can assist you in any way, please contact me.

Until next time…

I just can’t help it! When I see a great opportunity to purchase Laguna Beach Real Estate I just need to share it.

Below are 2 properties that just came onto the market and are great deals for someone interested in a Laguna Beach Cottage on one of our Artist’s street, or a 4-Plex income production, ocean view rental property.  If you would like more information on these properties, please visit the website at http://www.TheCoastalPropertyExperts.com OR call me directly at 949-922-8490, Hillary Caston.

480 Broadway Street, North Laguna Beach 4-Plex

INVESTORS ATTENTION!

Priced at  $1,350,000

PRIME NORTH LAGUNA INVESTMENT PROPERTY. Excellent, easily rentable, income property with ocean and canyon views. Fantastic location overlooking beautiful downtown Laguna Beach. Short walk to the beach, movies, restaurants and Pageant of the Masters from these 4 one-bedroom apartments. Each unit features hardwood floors, a full kitchen with eating area, living room, bathroom with shower tub, bedroom and sunny view decks. Laundry and storage are available to all tenants as well as one assigned off street parking space. All units are metered seperately for gas and electricity. 

675 Wendt Terrace, Laguna Beach, CA

Priced at $798,000

3 Bedroom / 2 Bath / 752 Sq. Ft on a large lot 6213 Sq Ft

This cottage is located in central Laguna on one of the ‘Artist’s Streets’ within close walking distance to the high school, downtown and the beach. It is a classic 1940 beach cottage with three bedrooms and one and one half baths. Features include some hardwood floors, a wood burning fireplace, an oversize one car garage, driveway parking, ocean and Catalina Island views from an updated kitchen, the living room and the west facing deck. The cottage is nestled among trees gving it a feeling of privacy. Interested parties should measure size of house and lot to satisfy their needs. Accuracy of information in listing is not warranted.

Today I want to share 2 videos with you that we did to highlight some Laguna Niguel Homes for sale. If you would like additional information on any of these properties, please visit us at:  http://www.TheCoastalPropertyExperts.com

You will need to scroll down a bit for the 2nd Real Estate Home Video, but you don’t want to miss this Short Sale that has been reduced almost $3Million!

Here are the Stats for Laguna Niguel:

Laguna Niguel Homes for Sale

Currently, the number of Active Homes for Sale = 297

97 (or 32%) of Active homes for sale are listed as REO or Short Sales

Laguna Niguel Closed Home Sales since 1/1/10

Total Homes closed in Laguna Niguel since 1/1/10 = 289

137 homes (or 47%) of these were REO or Short Sales

Average price of closed REO and Short Sale Homes = $435,612

93 homes (or 67%) of “Distressed” closed sales had a sales price of $500K or less

122 homes (or 89%) of “Distressed” closed sales had a sales price of $750K or less

This information on the closing price of closed “distressed” properties falls in line with the news that many homes in the market in the first quarter were in the price ranges that qualified for government incentives or FHA, Fannie Mae or Freddie Mac financing.

Special Feature Short Sale Property in Monarch Custom – Price Reduced!

This next home is priced well above Government spending limits; however I wanted to highlight it for you since it has received some recent price reductions that may be of interest to someone looking in this area. This is a gorgeous Short Sale property located in the Monarch Point Custom community:

Watch the Video Presentation

Location: 31951 Monarch Crest, Laguna Niguel

Originally Priced at $6,699,000

Now Priced at $3,895,000

MLS# U8005331

This property is FEATURED as a property of interest!

Listed by Surterre Properties, Inc.

LOVED by Hillary Caston and the team at The Coastal Property Experts

http://www.TheCoastalPropertyExperts.com

For more information on this, or any other great properties in Orange County Real Estate, please check out the website or call Hillary direct at 949-922-8490

Location: 31951 Monarch Crest, Laguna Niguel

Originally priced at $6,699,000

Reduced to $3,895,000

This is a Short Sale!

4 Bedrooms / 6 Baths

6613 Sq. Feet of Luxury Living Space on a 10,427 Sq. Ft. Lot for all your entertaining delights.

PRICE REDUCTION! Stunning and luxurious ocean view custom estate in Monarch Point. Perched high above Laguna Beach with panoramic ocean views from Dana Point to Los Angeles. Unique amenities in this amazing home include 6 fireplaces, 3000 bottle wine cellar, 7-car garage, elevator, sparkling pool & spa and outdoor loggia with fireplace.

Until next time…..

This week’s picks include 3 Laguna Niguel Homes for Sale. These homes show the best of an Orange County lifestyle. 

14 Toulon, Laguna Niguel, CA

14 Toulon, Laguna Niguel Home for Sale, CA

MLS S609174

Priced at $1,075,000

3 Bedrooms / 4 Bath

Approx. 3183 Square Feet with View

Listed by Hanne Lohde of Tarbell Realtors

13 Copps Hill Street, Laguna Niguel, CA 

13 Copps Hill, Laguna Niguel Home for Sale, CA

MLS S608802

Priced at $1,079,900

4 Bedrooms / 3 Baths

2900 Square Feet

Listed by Jack Handley of Handley Real Estate

Fabulous remodeled home with a superior end of cul-de-sac location creating a more private rear-yard setting. Awesome canyon and city views. Premium lot has a 9 car driveway for parking or safety area for recreation. Remodeled kitchen with granite counters, new double stainless steel convection oven, new stainless steel dishwasher, granite fireplaces, granite bar, new carpet, newer tumble stone flooring, french doors and windows, wood plantation shutters, westec secruity system, and remodeled master bath wtih granite counters and seamless shower enclosre. Professional landscaping and wonderful community amenities.

Want more information?…Contact Us

22852 Seaway Drive, Laguna Niguel, CA

22852 Seaway, Laguna Niguel Home for Sale, CA

MLS L32421

Priced at $4,200,000

4 Bedrooms / 5 Baths

5400 Square Feet

Listed by Mark Sweeney of Monarch Beach Realty

First time ever on the market single family home with spectacular coastline and white water views facing the Ritz Carlton Hotel and Salt Creek Beach. Private gate guarded community in the custom development of Monarch Pointe. 5,400 square foot home on a single loaded street. 4 bedrooms, 5.5 bath, media room and workout/gym room and office. Gourmet kitchen and custom built-in bar. Entertaining yard with pool, jacuzzi and unbelievable views. 

Want more Information?….Contact Us

If you are interested in these, or any other properties, please call Hillary directly at 949-922-8490

OR

Want us to help you find something? Just fill out the contact form and let us know what type of home you are looking for and let our team get to work FOR YOU!

Remember…we look at property all day so you don’t have to!

http://www.TheCoastalPropertyExperts.com

Don’t miss these hidden treasures! Laguna Niguel Homes for Sale. If you think that you should buy a short sale to get the best deal you are only partly right. You always need a great short sale negotiator – Heck, when purchasing a home, you always need a great negotiator…period! Find out why Hillary Caston, Laguna Beach real estate agent has clients coming back to her over and over again to help negotiate their home purchases. Go with the best….or you may find yourself being fed to the sharks!

Call Hillary direct at: 949-922-8490

25081 Calle Playa B-Laguna Niguel-CA

24905 Via Kristina-Laguna Niguel-CA

24905 Via Kristina-Laguna Niguel-CA-Bank-Owned Property-Kitchen

136 Costa Brava-Laguna Niguel Short Sale-Living Area with View

136 Costa Brava-Laguna Niguel Home for Sale-Kitchen

 TAKE THE SURVEY AND BE ENTERED TO WIN:

Which Home Will Sell First? Take our Survey and be entered to win a $50 Gift Certificate

1580 Sunset Ridge, Laguna Beach, CA

Priced at $4,495,000

4 Bedrooms / 4 Baths

4530 Square Feet with inspiring views of the Pacific Ocean

MLS# L32150

Listed by Gary Boisen and Michael Gosselin of Surterre Properties

Taking full advantage of the awe inspiring views of the Pacific Ocean, Catalina Island and the north coast, this stunning contemporary home will impress the most discriminating buyer. The versatile open floor plan has approx. 5,218 of space including 4,530 sq ft. of living space with three bedrooms and three and one-half baths, gourmet kitchen, media room, family room, home office and a complete guest residence that could can function as two additional bedrooms, and includes a kitchen. Quality features include mahogany flooring and cabinetry, stainless steel interior and exterior railings, Fleetwood windows and disappearing doors, personal elevator, 3-car garage, and the extensive use of natural stone inside and outside. Expansive view decks and a private outdoor living room featuring a wood burning fireplace and built-in BBQ provide for the finest indoor/outdoor living experiences. 

Want more Information?….Contact Us!

31889 Circle Drive, Laguna Beach, CA

Originally priced at $9,850,000: Newly listed and Reduced!

Now Priced at $6,475,000

3 Bedrooms / 5 Baths

2500 Square Feet

MLS# L30507

Listed by Elizabeth Comerford of Hom Real Estate Group

South Laguna meets the Hamptons in this incredible oceanfront renovation. Situated on a private street, this elegant cottage style offers all the comfort and serenity you could hope for along with all the benefits you would expect from an oceanfront location. The extremely versatile floor plan works well for any lifestyle and is particularly well suited to entertaining. The expansive great room with living and dining areas and gourmet kitchen complete this dream home. All secondary rooms are en suite, including a sumptuous master suite, office, guest bedroom and family/media room that could also serve as an additional master suite with closet, wet bar and relaxing oceanfront deck. The finest materials have been used throughout, including distressed walnut flooring, honed limestone countertops and breathtaking Fleetwood sliding pocket doors in living room. SELLER IS VERY MOTIVATED … AMAZING PRICE REDUCTION FOR AN OCEANFRONT WITH THIS QUALITY AND CRAFTSMANSHIP.  

Want more Information?…Contact Us!

23 Lagunita Drive, Laguna Beach

Priced at $10,900,000

5 Bedrooms / 5 Bath

4100 Square Feet with Ocean View in the community of Lagunita

MLS# L29329

Listed by John Stanaland of First Team Estates

Romantic Oceanfront Spanish Hacienda in the prestigious gated community of Lagunita. The estate boasts five large bedrooms, five and a half baths with ornate Spanish tile and tons of authentic detailing. Perfect for entertaining, the large family room with wet bar steps out to an incredible sun drenched patio with BBQ and spa. This phenomenal property leads directly out to beautiful lush landscape with large wispy palm trees to the gorgeous sandy beach of Lagunita , and just steps to famed Victoria Beach. Panoramic ocean, rugged coastline, and mesmerizing Catalina sunset views. Truly a work of art!

Want more Information?…Contact Us!