Exciting Real Estate News from Southern California

The prices in the real estate sector might not have recovered fully but the activity in the sector has definitely increased. There are new and exciting properties coming on the market every other day. A new listing on the Southern California MLS is a luxury vacation rental in Laguna Beach. With the ocean crashing just outside its windows the house has ample space and sweeping ocean views. The luxury home rental per month is $44,000. Another great listing is the Nellie Gail Ranch estate. You will be amazed at the luxurious wood detailing, decorative ceilings and granite finishes. The home with an old world feel is located at at 25966 Poker Flats Place. The asking price is $2.69 million.

Another estate in Laguna Hills’ exclusive Nellie Gail Ranch equestrian community is a five bedroom home situated on 2.9 acres of lush grounds. The Mediterranean-style home located on Rockridge Road is elegant with its marble and granite finish. The 9,000 square foot luxury villa has been listed for $3.99 million. Down at the Laguna Beach Village you have a landmark property which is a mixed building. The property houses Billabong’s Second Reef Surf Shop, Vans Shoes, Thalia Surf Shop and Goko Café on the lower level five luxury apartments on the upper level – one studio and four 2-bedroom/2-bathroom units. The building has been listed for $6.35 million.

And finally one of the most expensive piece of real estate for sale on the coastal area which has been listed for $16.5 million the grand estate in Ritz Cove has elegant floor plans and boasts of ocean views. The estate has been listed recently and has created a buzz in the Dana Point/Monarch Beach market. The real estate market is back on track. It might take some time in getting to the dizzying heights it had scaled prior to the economic crisis but it is moving in the right direction and the buyers are coming back to the market and the prices cannot but move up.

Via: OC Register

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