Skip to main content

Laguna Beach Penthouse short sale slashed by $200,000

A penthouse apartment in Laguna Beach was recently reduced by $200,000 and is now being offered as a short sale.

The home’s price was actually reduced less than a month from being on the market.

Its new price is $1,250,000.

For one bedroom.

Located at 31423 South Coast Highway #86, the unit has 1 bedroom, .75 bathroom, 1,090-square-feet and ocean views. The penthouse shares one common wall.

The listing information touts:

“Top floor penhouse unit offering stunning sweeping ocean views and direct beach access. High end remodel with the best of materials, design and craftsmanship. Limestone floors, granite counter tops, custom cabinetry and doors. Special kitchen with G. E. Monogram stainless steel applicances, wine cooler. 50′ plasma TV with surround sound system and custom lighting. Fleetwood telescopic sliding doors, recessed ceiling motorized sun shades makes this unit an Architectural Digest style and quality!! Dare to compare with the other LB listings for quality, $$$ value, and location!!! PROPERTY NOW OFFERED AS A SHORT SALE!!!”

Here’s the zinger – HOA dues are $848 a month. That’s $10,176 a year.

Now that it’s a short sale, my guess is this place will be an even harder sell. Because not only are homes priced over $1 million just not selling like they used to, but short sales simply aren’t budging.

Posted via web from The Newport Beach Lifestyle

1 comment

Popular posts from this blog

Bottled Water Carries Hidden Cost to Earth

Good for You, Bad for Mother Earth? | $1.79 might seem like a small price to pay for a bottle of water. But it costs the Earth far more than that.

Compared to a liter of tap water, producing a liter of bottled water requires as much as 2,000 times more energy, according to the first analysis of its kind. The study also found that our nation's bottled water habit sucked up the equivalent of 32 to 54 million barrels of oil last year.

"The bottom line is that we should understand better the implications of our choices," said Peter Gleick, president of the Pacific Institute for Studies in Development, Environment, and Security in Oakland, Calif. "It suggests more ways to reduce energy use than maybe we otherwise think of."

Bottled water is a big business that is rapidly getting bigger. From 1976 to 2007, the average amount of bottled water drunk per person per year in the United States jumped from about 6 liters (1.6 gallons) to 116 liters (30.6 gallons).

In 2007, …


Air pollution can cause serious health problems. Rarely, it can even kill people — and we’re not exaggerating. That’s why we care so much about the laws that protect us from air pollution. Read on to learn more about the specific parts of our bodies that are affected by air pollution. Air pollution can be made of tiny particles or gases, and these get into your body when you breathe. Different types of air pollution do different things inside your body. Air pollution can directly irritate the eyes, nose, and throat, before it even gets into the lungs. It can cause runny nose, itchy eyes, and scratchy throat. LUNGS When you breathe in, air moves through your nose or mouth, down your throat into your trachea, and then into your lungs. Pollution can irritate the airways. When that happens, muscles around the bronchi get tight; the lining of the bronchi swell; and the bronchi produce excess mucous. When the airways are constricted, it b…

Hazardous Waste

A hazardous waste is a waste with a chemical composition or other properties that make it capable of causing illness, death, or some other harm to humans and other life forms when mismanaged or released into the environment. PLEASE NOTE This new page is part of our Hazardous Waste Management Program web page update process and is under construction. The links to the left will take you to the main Hazardous Waste page, as well as the general category pages, and the Related Links are those links related to the content on the page.  longer be available.  DEFINING HAZARDOUS WASTE A waste is a hazardous waste if it is a listed waste, characteristic waste, used oil and mixed wastes. Specific procedures determine how waste is identified, classified, listed, and delisted. TYPES OF HAZARDOUS WASTE Hazardous waste is divided into different types (e.g., universal waste) or categories, including RCRA hazardous waste and non-RCRA hazardous waste. Properly categorizing a hazardous waste is necessary f…