542 Cress St, Laguna Beach, CA 92651

Unique opportunity to own one of Laguna's finest historical homes in a coveted area of The Village. E Rated status under Mills Act taxation that may be carried over allowing a significant savings in annual property tax. Fully restored and updated while staying true to the home's original character. The floor plan lends itself to comfortable living and entertaining with formal foyer & living room. Open dining, kitchen and family room spaces look on to the large rear yard. Family room with fireplace, media built-ins, surround sound & bay windows. The kitchen boasts a great deal of counter space and custom cabinetry. Ocean view master suite with deck, marble bathroom & walk-in closet. Second master suite on the main floor. From the original glass windows to the hardwood flooring, this home has so much character of the period while offering numerous updated systems & earthquake retrofitting. A special retreat of privacy & seclusion, yet near the activity of town & a few blocks to beaches.