ENJOY ALL THAT LAGUNA BEACH HAS TO OFFER at a fraction of cost. The Laguna Terrace Community of manufactured homes on leased land is worth a look. And this huge 3 bedroom/2 bath is worth consideration. The home is 1,224 sq. ft. with sprawling deck with ocean view increases the living space. Situated on a corner lot with extra parking. The living area opens to the deck and the master bedroom also opens to the deck with privacy and ocean views. Solid bamboo flooring throughout; open concept living area; gas stove; lovely fireplace; separate laundry room. Laguna Terrace provides (with no HOA), a spacious, heated pool, spa and clubhouse for its residents. Located across from the Montage Resort and Spa. A stones throw from a terrific shopping area, with restaurants, grocery and pharmacy, yoga studio. Free Laguna Beach trolley is close by. NO HOA OR PROPERTY TAX. The monthly lease is $3,674.25 with a 20 year lease with annual increases of 3% or CPI.