History: Built in 1964, Blue Lagoon is a highly desirable gated community located in the heart of the California Riviera. Its premier ocean front location lies between Lagunita Drive and the 5-Star Montage Laguna Beach resort and is just steps and with direct access to Victoria Beach. Blue Lagoon condos sit right on the sand and have a stunning view that overlooks the Laguna Beach coastline.
Amenities: The project boasts 119 homes and a wealth of amenities including two heated swimming pools, a tennis court and a club room. There are three distinctive floor plans, from approximately 1,100 to 1,500 square feet. Each unit consists of either two bedrooms/three baths or three bedrooms/three baths, in a three-story configuration with a two-car carport. The beach at Blue Lagoon is considered to be one of the most picturesque in all of Orange County and residents enjoy spectacular views of Catalina sunsets, the crashing surf on the coastline and endless Pacific Ocean views. It is centrally located to shopping and great dining.
Current Market Activity:
There are seven units for sale from $869,000 – $1,795,000. Judy Blossom, an agent with Prudential California Realty has the highest priced listing, which she describes as having ”fabulous north coast and Catalina views, plus the home is just a short beach walk to the popular Montage Resort ….” You can reach her at 949.295.6577.
There are 12 active rental properties offered from $2,900 – $20,000 per month.
Only one sale is currently reported at $850,000. It was located at 6 Blue Lagoon and sold last year in April 2010 by Bill Rolfing. You can reach him at 949.689.4470.
Information provided by Don Sheridan, HOM Group Realty. Contact him at 949.433.7078 or by email at dsheridan@homgroup.com.
