Laguna Beach, CA 92651,1369 N Coast Highway
Laguna Beach, CA 92651,1369 N Coast Highway
Laguna Beach, CA 92651,1369 N Coast Highway
Laguna Beach, CA 92651,1369 N Coast Highway
Laguna Beach, CA 92651,1369 N Coast Highway
Laguna Beach, CA 92651,1369 N Coast Highway
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$ 28,811,800
Est. payment | /mo

8 Beds

8 Baths

12,426 SqFt


$ 28,811,800
Est. payment | /mo

8 Beds

8 Baths

12,426 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,426 sqft

Price per Sqft $2,318

Subdivision North Laguna (Nl)

MLS Listing ID LG24236637

Bedrooms 8

Full Baths 8

Construction Status Turnkey

HOA Y/N Yes

Year Built 2024

Lot Size 0.421 Acres

Property Sub-Type Mixed Use

Property Description

Once-in-a-Lifetime Opportunity: Iconic 2024 Mixed-Use Property in Laguna Beach. Terraces at Laguna Beach 1369 North Coast Highway, a brand-new, 2024-built mixed-use masterpiece that redefines luxury and investment potential in Laguna Beach. Perfectly located on the last signalized corner of North Coast Highway before Newport Beach, this property offers unparalleled visibility with an estimated 30,000 vehicles passing daily. The Property is only 20 minutes (11 Miles) from John Wayne Airport. Featuring two luxury penthouses and three versatile commercial condominiums, this property is the ultimate opportunity for discerning investors or owner-occupants seeking a high-profile coastal asset.

Residences:
• 1373 North Coast Highway (North Penthouse): Boasting 2,917 sqft of living space, this residence features cantina-style doors opening onto an expansive deck with breathtaking views of Crescent Bay, Catalina Island, and the coastline. High-end finishes include built-in speakers, Yamaha 2-zone receivers, 4k HDMI over cat6 wiring, and 6 Harmony remotes. A full suite of Thermador appliances completes the home.
• 1371 North Coast Highway (South Penthouse): Offering 2,972 sqft, this luxurious residence mirrors the north unit's impeccable design and stunning ocean views. The expansive deck and state-of-the-art smart home features create an unparalleled living experience.
Commercial Condominiums:
• 1363 North Coast Highway: 2,291 sqft of versatile, light-filled space ready for a range of uses, from office to retail.
• 1365 North Coast Highway: Spanning 2,490 sqft, this space offers high ceilings and the potential for various commercial applications.
• 1367 North Coast Highway: A 1,760 sqft unit that can seamlessly integrate with adjacent spaces for a larger, cohesive commercial environment.
Each residence and commercial unit can be sold separately or together. The property's strategic location, modern design, and premium amenities make it an unparalleled opportunity for investors, developers, or owner-occupants seeking a unique coastal asset.
Asking Prices:
• Entire complex: $28,811,800
• 1373 North Coast Highway (North Penthouse): $7,000,800
• 1371 North Coast Highway (South Penthouse): $7,430,000
• 1363 North Coast Highway (South Commercial Condo): $5,038,000
• 1365 North Coast Highway (Middle Commercial Condo): $5,482,000
• 1367 North Coast Highway (North Commercial Condo): $3,861,000

Location

State CA

County Orange

Area Nl - North Laguna

Rooms

Main Level Bedrooms 6

Interior

Interior Features Balcony, Separate/Formal Dining Room, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Smart Home, Wired for Data, Bar, Wired for Sound, Entrance Foyer, Instant Hot Water, Primary Suite

Heating Central

Cooling Central Air, Zoned

Flooring See Remarks, Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance 6 Burner Stove, Convection Oven, Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, High Efficiency Water Heater

Laundry Inside, Laundry Room

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Assigned, Direct Access, Door-Single, Garage, Gated, On Site, Oversized, Public, Private, One Space, Community Structure

Garage Spaces 30.0

Garage Description 30.0

Fence Glass, Masonry, New Condition

Pool None

Community Features Biking, Curbs, Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, See Remarks, Water Connected

Amenities Available Controlled Access, Maintenance Grounds, Pets Allowed

View Y/N Yes

View Catalina, City Lights, Coastline, Hills, Ocean

Roof Type Composition

Accessibility Customized Wheelchair Accessible, Safe Emergency Egress from Home, Accessible Elevator Installed, Parking

Porch Covered, Lanai, Open, Patio, Terrace

Attached Garage Yes

Total Parking Spaces 30

Private Pool No

Building

Lot Description Landscaped, Sprinkler System

Dwelling Type Mixed Use

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Cape Cod, Contemporary, Craftsman, Custom

Level or Stories Three Or More

New Construction Yes

Construction Status Turnkey

Schools

Middle Schools Thurston

High Schools Laguna Beach

School District Laguna Beach Unified

Others

HOA Name TBD

Senior Community No

Tax ID 05313424

Security Features Security Gate

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard

Virtual Tour https://player.vimeo.com/video/1036842259?h=e274eb4272&badge=0

California Regional MLS (CRMLS)
Listed by Derek LeBon • Bon Life Real Estate • 9494225937

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

rwgbjg

Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

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