Introductions to the enclave:
Crescent Bay is a small enclave of residential estates on the bluff above Crescent Bay. It has its own beach, South Crescent Bay and Park and Crescent Bay Point Park. The beach is a quarter mile long and one of the most popular dive sites in Laguna Beach. This beach offers a protected cove area which blocks the wind and keeps the surf small. Seal Rock is also located here, the home to dozen of sea lions. Crescent Bay Point Park is located in North Laguna off the bluffs of Cliff Drive.
Bordered by: Crescent Bay is the farthest west beach from downtown Laguna Beach. It is located north-west of Shaw’s Cove.
Views: You have beautiful panorama and coastal views from Crescent Bay. Crescent Bay used to have several large rock formations, but in 1997, the El Nino destroyed all of the tall ones.
Homes: The first house was built in 1928. The houses that were built were Spanish Mediterranean Revival, Streamline Moderne Revival, Norman Revival and Tudor Revival. The homes for sale on the market at this time are Mediterranean and Contemporary.
How the Community Has Evolved: Crescent Bay has maintained its reputation as one of the wealthier communities in Laguna Beach. It has also become a very popular place to have a wedding.
Community Features/Amenities/Special Events: You can hold your wedding at Crescent Bay Point Park. You need to acquire a permit from the city for $276, and may have up to 40 guests. It is a beautiful place to hold your nuptials at sunset.
History of the Area: The Crescent Bay neighborhood was subdivided in 1928 and was called the McKnight’s Addition Section. Crescent Bay was one of the largest portions of the city to be sub-divided prior to World War II. This area became a very desirable place for wealthy people to build a beach home. Director Howard Turney, from MGM Studios in Los Angeles, and his wife built a home at 147 Crescent Bay. They lived there through the 1940s. Also, another celebrity who lived at 195 Crescent Bay was C.C. Cravath. He was a former member of the Philadelphia National League and was known as the “Home Run King” before Babe Ruth.
Current Market Activity: There are currently only three homes on the market in Crescent Bay. They are located at 140 Crescent Bay, with a listing price of$2,650,000; at 165 Crescent Bay with a listing price of $2,995,000; and at 351 Crescent Bay priced at $4,895,000. The average price per square foot is $1006.69. Last year two homes sold in Crescent Bay with the price per square foot of $1264.16.
Information, provided by Donna Marie Grider, agent with HOM Real Estate Group, 32356 South Coast Highway, Laguna Beach, Calif. 92651. Reach her at 949.922.3343, or by email at email@example.com.