A sliver of the U.S. population—less than 10 percent, according to the National Association of Realtors—eschews the white picket fence version of the American dream for the convenience of a condominium. Orange County agent Kandis Richardson notes two perks of condo dwelling: no sprawling yard to care for and fewer worries when you’re away. She says the lifestyle appeals to a full spectrum of buyers, from millennials who have yet to start a family to baby boomers whose children have moved out. The local market is comfortably priced, according to a recent look at the supply on redfin.com, with a median listing of $250,000. Yet condo prices here also can reach well into the seven figures, depending on location, view, and amenities.
Right on the sand of Totuava Cove in Laguna Beach, the Laguna Lido condos on Coast Highway offer this 1963 unit with two bedrooms and two full baths in 1,028 square feet. The updated kitchen is open to the family room and to the coastal views. With monthly association dues of $1,305, the building has a pool, gym, sauna, and game room. Shevy Akason, 949-769-1599