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How's This Year's $150 Laguna Beach Ocean View House?

It is once again that special time of year when Dana Point's Ocean Institute raffles off a million dollar Laguna Beach house. Today is the last day to enter for this year's grand prize, which is either one million dollars or a two bedroom, two bathroom house with ocean views valued at $1.09 million. In five years, four winners have opted for the cash--the OC Register got inside the heads of some of those past winners, including the guy from 2008 who perhaps was thinking flip. He took the cash because "The market in real estate is what it is."
· Laguna Beach Home Raffle [Official Site]