153 Cedar Way, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$1,990,000
153 Cedar Way, Laguna Beach, California 92651
3Beds
3Baths
1,933Sqft
8,457Lot
Year Built
1992
Close
-
List price
$1.99M
Original List price
$1.99M
Price/Sqft
-
HOA
$750
Days on market
-
Sold On
-
MLS number
OC25105660
Home ConditionFair
Features
Excellent View: City Lights, Ocean, Panoramic
Patio
ViewCity Lights,Ocean,Panoramic

About this home

Presenting an unparalleled opportunity to finish this newly reimagined detached luxury condo in North Laguna walking distance to Main Beach. Experience breathtaking panoramic views encompassing the ocean, dazzling downtown city lights, and the dramatic coastline. This residence sits atop the community, features 3-levels, and an attached 2-car garage with direct access. Currently down to the studs and awaiting your personal vision to select the final, exquisite touches that will define your dream home. The expansive open-concept kitchen and great room flow seamlessly through walls of glass sliding doors to a private balcony, offering commanding views of downtown Laguna Beach. The master suite provides a serene retreat with dual vanity sinks, a generous walk-in closet, a luxurious shower, and windows framing captivating ocean scenes. Two additional bedrooms on the lower level each feature private access to an outdoor terrace. This exceptional property is poised for completion, allowing you the distinct privilege of curating the final details to your exacting standards.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (16 Listings)
Beds32
82%
Baths32
59%
Square foot1,9331,180
88%
Lot Size8,45742,144
18%
Price$1.99M$1.32M
59%
Price per square foot$1,029$1,262
29%
Built year19921964
94%
HOA$750$750
50%
Days on market168211
41%
Condition Rating
Fair

The property is down to the studs and awaiting final touches. While it's being reimagined, it's not fully renovated yet. The year built is 1992, which is over 20 years ago. The condition is therefore 'fair' as it requires completion of the renovation.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic views of the ocean, city lights, and coastline, significantly enhancing its desirability and market value.
Prime Location: Located in North Laguna, the condo is within walking distance to Main Beach, offering convenient access to amenities and attractions.
Customization Opportunity: Being down to the studs, the property allows for complete customization and personalization to the buyer's exact tastes and preferences.
Spacious Layout: The 3-level condo features an open-concept kitchen and great room, providing ample space for living and entertaining.
Attached Garage: The property includes an attached 2-car garage with direct access, offering convenience and security.

Cons

Incomplete Condition: The property is currently unfinished and requires significant investment and effort to complete the construction.
Unknown Final Cost: The final cost of completing the property is uncertain and could potentially exceed the buyer's budget.
Association Fees: The monthly association fee of $750 could be a deterrent for some buyers.

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