UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) December 27, 2007

 

California Coastal Communities, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Delaware
(State or Other Jurisdiction of Incorporation)

 

 

(949) 250-7700
(Registrant’s Telephone Number, Including Area Code)

 

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: (see General Instruction A.2. below):

 

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 7.01               Regulation FD Disclosure

 

On December 27, 2007, the Registrant issued a press release announcing the delivery of the first nine homes at its 356-home Brightwater community in Huntington Beach, California which generated cash proceeds of $11 million, or $1.2 million per home (the “Press Release”).  Attached hereto as Exhibit 99.1 and incorporated by reference herein is a copy of the Press Release.

 

The information in this Current Report on Form 8-K, including the exhibit hereto, is being furnished under Item 7.01 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, nor shall such information be deemed to be incorporated by reference into any future registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01               Financial Statements and Exhibits

 

(d) Exhibits

 

99.1                         Press Release of the Registrant, dated December 27, 2007, announcing the delivery of the first nine homes at its 356-home Brightwater community in Huntington Beach, California.

 

Signature

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date: December 27, 2007	California Coastal Communities, Inc.
	By:	/s/ SANDRA G. SCIUTTO
		Sandra G. Sciutto
		Chief Financial Officer and
		Senior Vice President

 

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