1-Bedroom Laguna Beach Home For Jaw Dropping $8.9 Million

LAGUNA BEACH, CA — This 432 square foot one bedroom, one bath getaway in Laguna Beach was built in 1923. Since then, prices on the Marine Drive street have gone up a tad.

In case you were wondering, that's $20,810 a square foot, or $41,905 a month if you can scrape together 20% down. Tiny homes with big prices are becoming the norm in Southern California. There was the one-bedroom fixer-upper that recently hit the market for $1 million in Redondo Beach, and the one-bedroom for $1 million for sale in Santa Monica earlier this year, but this one tops them all.

• Address: 1041 Marine Dr, Laguna Beach, California
• Price: $8,900,000
• Square Feet: 432
• Bedrooms: 1
• Bathrooms: 1 Baths
• Built: 1923
• Features:

This home features an 8,712 square foot lot, and a pristine location on a private Laguna Beach cove. An ideal location, overlooking Shaw's Cove, Twin Points and Fisherman's Cove on the northern edge of Laguna Beach, just a stone's throw from Diver's Cove, Recreation Point and Heisler Park.

This listing originally appeared on realtor.com. For more information and photos, click here.

Are these tiny beach houses worth the hefty price tag? Tell us in comments!