An Ocean Front Home in Laguna Beach in the community of Three Arch Bay has a price drop of $300,000 which makes it the least expensive home in Three Arch Bay at $4,440,000. The home is a three bedroom, two and one-half bath home with 1886 sf.
The home has a private beach and an unobstructed ocean view. The home has been updated through out.
Now here is the situation all areas of So. Orange County have been hard hit by the recession and are having a difficult time selling. The market is thin at all levels of the market even the luxury home market. That is why we are seeing price drops in Three Arch Bay, Laguna Beach of $300,000.