What $15 million buys in three coastal California communities
Here’s a look at what about $15 million buys in the Laguna Beach, La Jolla and Santa Barbara real estate markets.
LAGUNA BEACH: Designed by architect Paul McClean, this modern showplace makes the most of its breezy, hillside location with tiered levels and floor-to-ceiling walls of glass.
Address: 32013 Point Place, Laguna Beach, 92651
Listed for: $14.9 million for four bedrooms, 4.75 bathrooms in 5,300 square feet (0.25-acre lot)
Features: Gallery-style garages with automated lifts; private beach walkway
About the area: In the 92651 ZIP Code, based on 21 sales, the median sales price for single-family homes in April was $2.43 million, up 47.3% year over year, according to CoreLogic.
LA JOLLA: Terraces and balconies create additional living space outdoors at this 7,249-square-foot contemporary designed by Claude Anthony Marengo.
Address: 5910 Camino de la Costa, La Jolla, 92037
Listed for: $14.995 million for five bedrooms, seven bathrooms in 7,249 square feet (0.33-acre lot)
Features: Modern chef’s kitchen; exotic wood and stone finishes; custom wine wall/fridge
About the area: In the 92037 ZIP Code, based on 32 sales, the median sales price for single-family homes in April was $2.03 million, down 7.2% year over year, according to CoreLogic.
SANTA BARBARA: This ocean-view estate in the Hope Ranch area sits on about 13 acres with two swimming pools, a tennis court, a pond, horse stables and a riding ring.
Address: 4621 Via Roblada, Santa Barbara, 93110
Listed for: $14.9 million for six bedrooms, seven bathrooms in 11,745 square feet (13-acre lot)
Features: Scaled formal rooms; beamed ceilings; guest apartment
About the area: In the 93110 ZIP Code, based on seven sales, the median sales price for single-family homes in April was $1.299 million, up 30.5% year over year, according to CoreLogic.
Twitter: @LATHotProperty
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