Property Values

PROPERTY VALUES
What You Get for ... $5 Million

Emily Berl for The New York TimesA three-bedroom house overlooking Victoria Beach in Laguna Beach, Calif., is on the market for $5,000,000.
Thehouse has a garage at street level and two stories above it.

This is a house that is for sale at five million pesos that has an impressive size of 3,200 square feet, this home is located in LagunaBeach, a coastal mountain community about an hour south of Los Angeles and one hour north San Diego. During the 1960s and '70s, the area was known to surfers, artists and counterculture: LSD pioneerTimothy Leary was arrested here in 1968, and Crystal Cove State Park was dotted with houses once the squatters. More recently, day spas and high-end real estate have moved, although Thalia Surf Shopstill has occasional punk-rock shows and galleries community coordinate a monthly art walk.
This house is in a residential district, in a cul-de-sac overlooking Victoria Beach, accessed by a pedestrianramp. Just south is Montage Laguna Beach, a luxury resort with a hotel and award winning restaurants. A car a few blocks from the house makes regular trips to small commercial area of ​​downtownLaguna.
The house, a duplex on top of a garage, visceral was renewed in recent years. One bedroom is on the ground floor, behind the garage. The top floor of the garage story is a guesthouse, which couldfunction as a separate apartment and is accessible by a lift in the garage. It has a kitchen, a living room, a bedroom and a bathroom. The walls of windows and sliding glass doors in the living roomopen to a patio and wraparound porch overlooking the ocean. On the second floor above the garage is accessed by external stairs, is used as home owners. Influenced by Northeastern beach huts, modernarchitecture and Japanese, the great room features a sharp, wooden ceiling beams, a porcelain tile floor and glass walls opening onto a terrace facing the sea. Many windows portholes, part of an...