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Laguna Woods Village is a retirement community that sets itself apart with its unique features and amenities.
Key Takeaways for Laguna Woods Village for You
- Laguna Woods Village is a retirement community that sets itself apart with its unique features and amenities. Here are some of its key characteristics:
- Exclusivity and Security: Laguna Woods Village is a private, gated community that offers residents security and exclusivity.
- Diverse Housing Options: With over 12,000 residential properties, residents can choose from various architectural designs and floor plans, including single-family homes, condominiums, and the Rossmoor Towers.
- Financial Requirements: Laguna Woods Village has specific financial requirements for residents. The first occupant must be at least 55 years old, while the second occupant must be at least 45.
* Full-time medical caregivers are exempt from these age restrictions. Residents must meet minimum annual income requirements ($36,000 for co-op and $42,000 for condominiums) and have a minimum of $125,000 in assets above the purchase price of their residence. - Amenities and Services: Residents enjoy various amenities, including golf courses, swimming pools, fitness centers, tennis courts, community centers, and more.
- Transportation Options: Laguna Woods Village provides transportation options such as shuttle services, golf carts, and access to nearby highways and freeways.
- Pet Policies: Pet policies vary between communities within Laguna Woods Village, with some having breed restrictions or limits on the number of pets allowed.
- Cultural and Recreational Activities: The community offers a vibrant social life with art classes, concerts, and other community events.
- Prime Location: Residents benefit from the community’s proximity to attractions like Laguna Beach, just a 12-minute drive away, known for its shops, art galleries, restaurants, and beaches. Several coffee shops, including Coffee Bean and Tea Leaf, Reborn Coffee, and Starbucks are nearby.
- Active Community: Laguna Woods is primarily composed of retirees, ensuring a lively and engaging environment for its residents.
- In addition to these features, Laguna Woods Village has several types of properties:
- Co-Ops: These properties come with monthly association fees that cover various amenities and services.
- Condominiums: Residents can buy these properties with cash, mortgages, or refinance with a minimum down payment. Condominiums have their monthly fees.
- Rossmoor Towers: These towers offer resort-style living with monthly fees based on the unit size. They also provide dining services and maid service, subject to income and occupancy requirements.
- Homeowner association fees in Laguna Woods Village range from $650 to $785 per month. Additionally, there’s a one-time buy-in fee of $7,500, called the Golden Rain Foundation (GRF) fee.
Laguna Woods Resources for You to Explore
All Laguna Woods Homes for Sale – review all of the listings, search by price range, and read the frequently asked questions so you can make good real estate decisions.
Orange County Retirement Communities
All Orange County 55+ Communities
- Huntington Landmark in Huntington Beach – it is about 1.6 miles from the ocean and sand.
- Seal Beach in Leisure World – – they have special income requirements to live here…for your information (FYI)
- Casta del Sol in Mission Viejo, California
How My Clients Won in a Bidding War for Downtown Long Beach Condo on the 1st Offer