Laguna Beach, CA92651
8 Bedrooms | 8 baths | 12426 sqft | MLS# LG24236637
Tract: North Laguna (NL)
For Sale $28,811,800
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: 2,290 sqft of versatile, light-filled space ready for a range of uses, from office to retail. • 1365 North Coast Highway: Spanning 2,492 sqft, this space offers high ceilings and the potential for various commercial applications. • 1367 North Coast Highway: A 1,755 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 (Commercial Condo): $5,038,000 • 1365 North Coast Highway (Commercial Condo): $5,482,000 • 1367 North Coast Highway (Commercial Condo): $3,861,000
Facts
Commercial/Residential | Built in 2024 | Lot Size: 18333.00 sqft | HOA Dues: $0/month
Features
Balcony,Bar,Elevator,High Ceilings,Home Automation System,Living Room Deck Attached,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Storage,Wired for Data,Wired for Sound
Listing provided by Derek LeBon, Bon Life Real Estate
Based on information from California Regional Multiple Listing Service, Inc. as of December 16, 2024. 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. 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, 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.
