Laguna Beach Home, Estate of the Day

by Deidre Woollard (RSS feed)
Mar 16th 2006 at 1:03PM

One of the great things about playing around on the Realtor.com website is the handy dandy estimated mortgage payments feature. Your monthly on the beauty shown here would be an astounding $148,556. This castle-like home is in the Orange County, California enclave of Laguna Beach. This castle-like home is approximately 10,000 square feet with six bedrooms. It looks older but it is actually new construction and sits on 2.2 acres. The Craftsman style home has direct access to a private beach. Other details include three kitchens, a movie theater, wine cellar, pool, guest quarters and a cabana area. The listing only has one interior listing but it's enough to give a sense of the scale of this home. At $31.5 million it is currently the most expensive home listed in the area.

Tags: california real esate, california real estate, estate of the day, laguna beach, LagunaBeach, luxury real estate

Filed under: Estates

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Dave Mar 16th 2006 1:15PM

Just as a note, in California - there is no such thing as a private beach. Every beach must be fully open to the public unless it is an environmentally protected area ( in which case no one can go there ).

Carolyn Goodwin Mar 16th 2006 4:07PM

Absolutely amazing...this makes me proud to be a Texan. In Houston, a few years' worth of mortgage payments on that Cali castle could buy you an estate twice the size in the nicest parts of the city! Shoot...with the savings you can afford to build your own private beach. Great blog, by the way - keep up the good work!

JT Mar 16th 2006 5:42PM

It looks like the home really does have its own little private beach "area".

http://www.californiacoastline.org/cgi-bin/image.cgi?image=200406926&mode=sequential&flags=0&year=2004

Allen D. Porter Mar 16th 2006 7:35PM

The post about Texas points out a cool thing that many Californians have been taking advantage of over the last couple of years. The way values of even modest homes have climbed compared to the rest of the country, long time Californians can easily sell their homes in the current market, move to another state, and live like Kings! It is a strategy which can allow one to upgrade their living conditions while sometimes shaving years off of their retirement age. Of course, this assumes that the right jobs for pre-retirement folks have to be available in those areas. But for those nearer retirement age, the whole thing rocks.