Tuesday, September 30, 2008

Long-coming Laguna update

A reader alerted us that 1089 Miramar - a property we mentioned a long ways back in a post about whether Laguna Beach is actually immune from the aftereffects of the real estate bubble - has sold.

Only took about 10 months. Previous sales price in 2005 was $1,195,000. This is what the listing description said:

Value....Value....Value....Expansive Ocean Views!!! Complelety Remodeled And Updgraded. Dramatic Gourmet Kitchen, Granite Travertine Flooring, Custom Fireplace And Open Living Area Highlights This Laguna Beach Residence. Wrought Iron Railing,Dark Wood Stairs & Cathedral Ceilings Add To The Ambience Of This Property. Bathrooms Feature Custom Touches Including Tumbled Marble. Enjoy Outdoors On The View Deck And Private Backyard.
Redfin says the sales price this time was $1 million - 16% off the previous sales price.

4 comments:

Hard Money Lenders Direct in California said...

I love it, but today common.

Anonymous said...

Really? $1M? For less then 1000 sq feet and the furthest reaches inland in Laguna?

I just don't get it.

Anonymous said...

"Hardmoneyloans.org has been created by a group of investors in Los Angeles California. We want to help other of investors to make all the Real Estate dreams they have to come to reality. We make it possible"

when these folks get out of market, it's the time to buy. Still lots of suckers out there

Anonymous said...

Really, go eat your mother out