Most of the homes listed for under $50,000 are located at 24055 Paseo Del Lago. This location is known as the Towers. There are two 14 story buildings. The homes range from 500 square feet (a studio) to 1600 square feet (penthouse). Of course, the 500 square feet studios are the cheapest homes in the Village. There are currently 11 studio homes for sale with an average price of $5000. The prices go up for the larger homes. Most of these homes have very nice views.
The HOA fees for the Towers are much higher than the rest of Laguna Woods Village. They range from $1739/month for the smallest home to $2031/month for the largest home. This HOA fee is for one person. If a second person lives in the home, there is an additional fee of $609/month. So what does it cover: all utilities except your telephone and internet, basic cable, weekly housekeeping, an evening meal, front desk security, elevator service and all the other amenities offered in the Village. This would include seven clubhouse, golf, tennis, five swimming pools, fitness centers, horse stables, RV parking area and much more. There are also more than 200 clubs.
If you have any additional questions, please either email me or call me.
Century 21 Rainbow Realty
Lisa is right. These are the towers where the price is inexpensive but you pay a monthly fee of 1,000-1,600 or more. The have maid service etc this is to help you as an elderly person
They also can have some meals delivered to you.
Is this something you are thinking of for yourself or wondering why these are so cheap to buy?
Let me know how I can help you
Talk to you soon
Ingrid Ski Realtor
Explain, for example, the differences in "purchasing" a co-op property vs. a fee simple transaction, as well as a few similar nuances to living in Laguna Woods.
Just a thought.
Let me know if you need a purchase loan for the property or want to get pre-approved (this will increase the chances of your loan being accepted) because I can certainly help you out there. You can call me at 408-352-5147 or email me at AGreer@themortgageoutlet.com. You can check us out at http://www.TheMortgageOutlet.com. I will look at your situation and present you with some options.