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361 Cress St, Laguna Beach, CA 92651

Sale Price: $3,600,000
Apr 8, 20251,703 sqft4 beds4 baths
Listed by: Andrea Ballesteros
License #: 01246320
Phone #: 949-690-5159
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: LG25077239

Property Description

Located in the heart of Laguna Village, just blocks from the beach, this beautifully renovated cottage offers 4 bedrooms, 3.5 baths, and a perfect balance of coastal charm and modern amenities. Originally built in 1994 and fully renovated in 2009, with additional updates since, the home was designed by local architect Lance Polster and was once recognized by the Laguna Beach Architectural Guild as "the best little house." The thoughtful layout includes two primary suites—one on the lower level and one upstairs—along with two additional guest bedrooms. The upstairs primary suite enjoys glimpses of the Pacific, offering a peaceful retreat. The home also includes a 2-car garage and additional parking for 2 more cars, a rarity in the Village! The great room is filled with natural light, featuring vaulted beamed ceilings, a cozy fireplace flanked by built-in shelves, and a dry bar with a SubZero wine refrigerator. The open upstairs hallway is spacious and functional, featuring a built-in desk and cabinetry, perfect for work or study. The chef’s kitchen is equipped with top-of-the-line appliances including a SubZero refrigerator and Thermador range, Zimbabwe granite counters, an authentic Shaw farm sink, and a bevel-edged Carrera marble backsplash. The adjacent dining area, complete with banquette seating, offers a comfortable space for meals and gatherings. Additional upgrades include custom Thoemmes cabinetry, stunning new wood floors, a "jewel box" powder room, a new roof (2024), a new water heater (2024), and more. The private exterior features beautiful hardscaping with multiple areas designed for entertaining and dining al fresco, as well as an outdoor shower for rinsing off after a day at the beach. Located in the heart of Laguna Beach, you are steps from famed beaches, restaurants, and shopping. This home offers the best in coastal living.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$57,660

TurboHome Estimated Value

$3,796,000

$2,229 sqft

High Valuation
$3,985,800
$2340/sqft
Normal Valuation
$3,796,000
$2229/sqft
Low Valuation
$3,606,200
$2118/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2229/sqft$3,796,000

Neighborhood: The Village (VIL)

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Comparative Value

$2.50M

$2.98M

$3.50M

$3.60M

$3.75M

$4.40M

290 Diamond St, Laguna Beach, CA 92651

Sale Price: $2,495,000

Selected Comparable

650 Glenneyre St, Laguna Beach, CA 92651

Sale Price: $2,975,000

Selected Comparable

455 El Bosque, Laguna Beach, CA 92651

Sale Price: $3,500,000

Selected Comparable

361 Cress St, Laguna Beach, CA 92651

Sale Price: $3,600,000

Selected Comparable

361 Cress St, Laguna Beach, CA 92651

List Price: $3,748,000

Subject Property

638 Seaview St, Laguna Beach, CA 92651

Sale Price: $4,400,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
361 Cress St, Laguna Beach, CA 92651

361 Cress St, Laguna Beach, CA 92651

List: $3,748,000

Listed: 4/8/2025

Area:1,703 sqft
Price/sqft:$2,201
Beds:4
Baths:4
Year Built:
Lot Size:3,750

Comparable Properties

COMPARABLE
Choose comps
361 Cress St, Laguna Beach, CA 92651

361 Cress St, Laguna Beach, CA 92651

Sale: $3,600,000

6/27/20250.00 mi

Area:1,703 sqft
Price/sqft:$2,114
Beds:4
Baths:4
Year Built:
Weight:26.9%
290 Diamond St, Laguna Beach, CA 92651

290 Diamond St, Laguna Beach, CA 92651

Sale: $2,495,000

1/31/20250.46 mi

Area:1,740 sqft
Price/sqft:$1,434
Beds:4
Baths:3
Year Built:
Weight:20.7%
455 El Bosque, Laguna Beach, CA 92651

455 El Bosque, Laguna Beach, CA 92651

Sale: $3,500,000

9/26/20240.47 mi

Area:2,373 sqft
Price/sqft:$1,475
Beds:4
Baths:4
Year Built:
Weight:17.8%
638 Seaview St, Laguna Beach, CA 92651

638 Seaview St, Laguna Beach, CA 92651

Sale: $4,400,000

5/5/20250.33 mi

Area:1,766 sqft
Price/sqft:$2,492
Beds:3
Baths:3
Year Built:
Weight:17.7%
650 Glenneyre St, Laguna Beach, CA 92651

650 Glenneyre St, Laguna Beach, CA 92651

Sale: $2,975,000

2/10/20250.52 mi

Area:1,673 sqft
Price/sqft:$1,778
Beds:3
Baths:3
Year Built:
Weight:16.9%

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