361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
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$3,075,000

361 Cypress Drive

6 Beds 5 Baths 2,316 Sq.Ft.

Description

Experience this unique beach community overflowing with warmth of character and community. The joy of smiling faces and sun kissed beaches, blue sky's and azure blue waters. It is no wonder homes located in the "Tree Streets" neighborhood of historic North Laguna are in such great demand, being only steps to Main Beach, Heisler Park, Boat Canyon, Divers Cove, this lovingly maintained vintage cottage has it all, multiple units, income, and location. Become enamored with all the possibilities when encountering this vintage cottage triplex + 1 has to offer. Enter through a white picket gate and rose trellis of this fully fenced yard and be drawn in by 3 bedroom, 2 bathroom with a jetted spa tub. Invited by walnut hardwood flooring that gently kisses white beadboard paneled walls and opens to an airy sky blue open beam vaulted ceiling and overhead ceiling fans. Pass through the French door flank dual fireplaces into a sun room gazing out onto a fully fenced backyard while enjoying your favorite cup coffee and book. Bask in the morning light of this cozy kitchen dinette in front of floor to ceiling bay windows. The spacious kitchen provides ample granite countertops, French provincial cabinets, stainless steel appliances, and nickel brushed hardware. Backyard gives generously offering a large jacuzzi hot tub shaded by fruit and avocado trees, and a considerable brick patio, ideal for entertaining. Just beyond find an 8 by 16 foot insulated storage shed with windows and French doors for all your beach chairs boards and bikes. Engage in more opportunity with the three turn-key furnished studio apartment's in the rear building along with a 3 car garage. At full occupancy the current owner rents the property for $19,550/m. A short term rental strategy has potential to rent for over $28,000+ gross. Buyer to verify info and short term licensing details. Take advantage of this rare and unique opportunity to produce income and be a brief stroll from art festivals, galleries, world-class restaurants, shopping, hiking/biking trails, Great Schools, Downtown Laguna, and of course The Beach.

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Location

361 Cypress Drive, Laguna Beach, CA 92651

Status

Sold
Thomas Paulauskas

Thomas Paulauskas

TITLE

Team Leader

Property Amenities

Interior
Fireplace Gas, Wood Burning
Appliances Dryer, Washer
Total Bedrooms: 6
Half Bathrooms: 1
Full Bathrooms: 4
Other Interior Features Workshop
Area & Lot
Lot Area 6,098.4 Sq.Ft.
Living area 2,316 Sq.Ft.
MLS® ID SR23131532
Year Built 1946
School District Laguna Beach Unified
High School Laguna Beach
Middle School Thurston
Elementary School El Morro
View Description Ocean,Peek-A-Boo
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Gas, Wall/Window Unit(s)
Water Source Private, See Remarks
Garage Space 3.0
Sewer Public Sewer
Lot Features 0-1 Unit/Acre
Finance
Sales Price $3,075,000
361 Cypress Drive
361 Cypress Drive
361 Cypress Drive
"Experience this unique beach community overflowing with warmth of character and community."

— Thomas Paulauskas

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Work With Thomas Paulauskas

Our team consists of four additional agents and an administration team that keeps our business running and growing. Paulauskas Realty does what we can to give back, not just to our customers, but to the community in big ways.