August 15, 2008

Tresor Properties Closes Escrow on Oldest Remaining House in Laguna Beach

Tresor Properties, a premier Laguna Beach, Calif., real estate investment, construction and brokerage company, has acquired the oldest remaining house in Laguna Beach, located on 154 Pearl Street.

Adding to the company's portfolio of historic and distinctive properties in the city, this acquisition is a part of Tresor's mission to preserve the heritage of Laguna Beach and its historic relevance in Orange County. Tresor is working with the City to preserve the original architectural integrity and character of the Pearl Street home.

"As long-time members of the Laguna Beach community, we recognize the value and distinctiveness of the historic Pearl Street house as a piece of the city's unique culture," said Tresor Properties Vice President of Construction Ken Fischbeck. "As we do for all of our restoration projects, we will be working closely with the Laguna Beach Heritage Committee to monitor the construction and ensure that historic value of the home is preserved."

First recorded in 1883, the Pearl Street cottage originally included driftwood from boats and shipwrecks among its construction materials. The two-story ocean view home is listed in the city's historic register with an "E" rating for exceptional. The house is slated to remain as a private residence.

About Tresor Properties

Tresor Properties is a Laguna Beach, Calif., real estate company that uniquely blends investment, construction and brokerage services. The company builds and redevelops luxurious lifestyle communities on exclusive beachfront or ocean view properties in Laguna Beach, Calif. and East Cape in Baja California, Mexico. In Laguna Beach, Tresor is committed to restoring and preserving the historic significance of landmark properties that signify the city's rich cultural heritage and add to its distinctiveness. For more information, visit