FROM THE PUBLISHERS OF “Our Town-Our Paper” LAGUNA BEACH & NEWPORT BEACH COMMUNITIES CoastalRealEstateGuideOC.com MARCH 11, 2016 | VOL. 6, ISSUE 10 Offering price: $15,900,000 Address: 17 Lagunita Laguna Beach Agent info: Sean Stanfield The Stanfield Group HOM Sotheby’s International Realty 949.390.4543 firstname.lastname@example.org www.stanfieldgroup.net East Meets West in a Distinctive Home Positioned on the front row in the gated Lagunita community, this Balinese-inspired residence completed in 2011 is outfitted with luxurious finishes and amenities. Designed to embrace the California outdoor lifestyle, a trio of levels opens up to expansive patio spaces with features such as an exterior kitchen, private spa, sauna, television and vistas of the sea. Architectural details throughout the five bedroom, 5.5 bath home include mahogany, moldings, natural surfaces, and copper exterior elements. An open layout offers a chef ’s kitchen, formal living room with walls of sliding glass and media room with automated curtains and retractable screen. Other luxuries complete the master suite, outfitted with a sliding wall of glass, corner-set fireplace and master bath with inset fireplace, television and spacious walk-in closet. FEATURED PROPERTY: LAGUNA BEACH ONE ON ONE WITH CRAIG BATLEY: Here’s the Lowdown on Summer Rentals in Newport By Gina Dostler Burr White Realty is one of the leading property rental managers in Newport Beach. With summer around the corner, broker Craig Batley gears up to match vacationers to his portfolio of 1,500 rentals. Q: Can any Newport Beach homeowner rent their property for a short-term rental? A: Most homeowner associations do not allow short-term rentals. And since 2004 the city has passed regulations that prohibit new short-term rental permits in R1 zones (single-unit residential). Those that had permits previously in this zone were grandfathered in. Short-term rentals are allowed in R2 (two-unit residential) zones such as duplexes on a single legal lot. And since 1992, Newport has been regulating short-term rentals through a hotel tax. Short term rentals of 30 days or less are subject to a hotel tax. There are approximately 1,068 short-term rentals in Newport and the bulk of them are on the peninsula. Q: How many rentals do you make during summer? Winter? Continued on page 4 Craig Batley OVER $400 MILLION CL O SED S ALES IN 2015 ONCE AG AIN THE # 1 REAL E STATE TEAM IN OR ANGE COUNTY 9 4 9 .3 90 . 4543 ST ANFIELDGR OUP.NET According to information published by Trendgraphix for the time period of 1/1/15-12/31/15.