Property Detail

691 Sleepy Hollow

Laguna Beach CA 92651

$46,594,000

Status: Active

Property Details

Description

REAL ESTATE PORTFOLIO SALE: This is a once in a lifetime opportunity to acquire an assemblage of trophy Ocean view properties positioned in the heart of Laguna Beach. Most of the eight parcels have direct, unobstructed ocean views including twenty-three residential units and two retail spaces fronting South Coast Highway. One of the retail spaces could be used as a lobby where everything can be easily managed and the other could be a gift shop or leased to a tenant. Each unit is completely furnished with a fully outfitted kitchen and most have direct access to the beach. This portfolio combines The Sunset Cove Villas consisting of (8) luxury 1 to 3 bedroom villas, The Retreat in Laguna which consists of (8) 1 bedroom hotel suites and a mixed-use property at 689 S Coast Hwy with (2) retail spaces totaling 1,200 SF fronting South Coast Highway that can easily be utilized as a lobby or for additional tenants with a 3 bedroom long-term (30+ day stay) residential unit upstairs. Also included are the (2) units at the Duplex at 689 Sleepy Hollow Lane and the Cliff & Cedar building comprised of (4) luxury 2 to 3 bedroom condos.

Map Location

Listing provided courtesy of Aaron Valenty of Berkshire Hathaway HomeService. Last updated 2020-06-16 08:40:54.000000. Listing information © 2020 CRMLS.

Linda Lederer Bernstein

Linda Lederer Bernstein

DRE #00900108
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