1115 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 7 bath

1115 Emerald Bay, Laguna Beach, California 92651 home-pic-0
ACTIVE$18,500,000
1115 Emerald Bay, Laguna Beach, California 92651
5Beds
7Baths
6,755Sqft
9,460Lot

Price Vs. Estimate

The estimated value ($17,601,302.27) is $898,697.73 (4%) lower than the list price ($18,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exclusive Location & Community Amenities: Situated in the prestigious, guard-gated Emerald Bay enclave, offering residents access to a private white-sand beach, six tennis courts, three sand volleyball courts, a community swimming pool complex, and parks.
Top Cons:
Premium Pricing Relative to Market Estimate: The current list price of $18.5 million is 4% higher than the estimated property value of approximately $17.6 million, which may suggest an aggressive pricing strategy.

Compared to the nearby listings

Price:$18.50M vs avg $3.12M (+$15,375,000)98%
Size:6,755 sqft vs avg 2,018 sqft98%
Price/sqft:$2.7K vs avg $1.6K91%

More Insights

Built in 2009 (16 years old).
Condition: Built in 2009, this property is 15 years old, which would typically place it in the 'Good' category. However, the description highlights 'impeccable design,' 'superior craftsmanship,' and 'state-of-the-art non-VOC materials, reclaimed woods, LED lighting, and a powerful 52-panel solar energy system,' indicating a build quality and feature set that surpasses standard 'Good' criteria. The images confirm a highly modern and luxurious aesthetic throughout. The kitchen features sleek, dark flat-panel cabinetry, integrated stainless steel appliances, light stone countertops, and contemporary pendant lighting, all in pristine condition. Bathrooms are equally modern with high-end finishes, clean lines, and updated fixtures. Hardwood flooring is prevalent, and all light fixtures are contemporary. There is no visible wear and tear, and the property appears to have been meticulously maintained, if not recently updated, to a very high standard, meeting current quality standards with no deferred maintenance. The inclusion of a 52-panel solar system further emphasizes its modern and efficient infrastructure, aligning with the 'Excellent' criteria of being virtually new and meeting current quality standards.
Year Built
2009
Close
-
List price
$18.5M
Original List price
$20M
Price/Sqft
$2,739
HOA
$800
Days on market
-
Sold On
-
MLS number
NP25069730
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic, Water
Deck
Pool
Spa
Patio
ViewCatalina, Coastline, Ocean, Panoramic, Water

About this home

Perched in the exclusive gated enclave of Emerald Bay, this exceptional ocean-view estate captures breathtaking views of the pacific coastline. Rarely does a home of this caliber—where impeccable design meets superior craftsmanship—come to market. The property’s unique street-to-street lot, spanning approximately 9,460 square feet, ensures both privacy and accessibility in an unrivaled setting. Designed with an architectural vision to maximize views of Catalina Island, the coastline, and white-water waves from nearly every room, this residence epitomizes coastal luxury. The resort-like outdoor spaces invite seamless indoor-outdoor living, featuring an infinity-edge pool, spa, and expansive terraces perfect for entertaining in Laguna’s climate. The approximately 6,755-square-foot interior offers an effortless flow. The main level integrates the living room, family room, gourmet kitchen, and a private dining room, all framed by stunning ocean vistas. The lower level boasts four en-suite bedrooms, a second family room with a bar, and access to the breathtaking outdoor retreat. A private sanctuary awaits on the upper level, where the master suite opens onto an intimate terrace with commanding coastal views. Built with sustainability in mind, this environmentally conscious home incorporates state-of-the-art non-VOC materials, reclaimed woods, LED lighting, and a powerful 52-panel solar energy system. Additional highlights include a 4,500-gallon recirculating koi pond, a nearly 1,200-bottle wine cellar, Riviera Bronze doors and windows, gym, imported stone fireplaces, and a rare seven-car garage. Emerald Bay offers an unparalleled lifestyle with access to a private white-sand beach, six tennis courts, three sand volleyball courts, a community swimming pool complex, and parks. This is a rare opportunity to own a true masterpiece in one of Southern California’s most exclusive enclaves.

Condition Rating
Excellent

Built in 2009, this property is 15 years old, which would typically place it in the 'Good' category. However, the description highlights 'impeccable design,' 'superior craftsmanship,' and 'state-of-the-art non-VOC materials, reclaimed woods, LED lighting, and a powerful 52-panel solar energy system,' indicating a build quality and feature set that surpasses standard 'Good' criteria. The images confirm a highly modern and luxurious aesthetic throughout. The kitchen features sleek, dark flat-panel cabinetry, integrated stainless steel appliances, light stone countertops, and contemporary pendant lighting, all in pristine condition. Bathrooms are equally modern with high-end finishes, clean lines, and updated fixtures. Hardwood flooring is prevalent, and all light fixtures are contemporary. There is no visible wear and tear, and the property appears to have been meticulously maintained, if not recently updated, to a very high standard, meeting current quality standards with no deferred maintenance. The inclusion of a 52-panel solar system further emphasizes its modern and efficient infrastructure, aligning with the 'Excellent' criteria of being virtually new and meeting current quality standards.
Pros & Cons

Pros

Exclusive Location & Community Amenities: Situated in the prestigious, guard-gated Emerald Bay enclave, offering residents access to a private white-sand beach, six tennis courts, three sand volleyball courts, a community swimming pool complex, and parks.
Breathtaking Ocean Views: The estate is architecturally designed to maximize panoramic views of Catalina Island, the Pacific coastline, and white-water waves from nearly every room, enhancing its luxury appeal.
Resort-Style Outdoor Living: Features expansive, resort-like outdoor spaces including an infinity-edge pool, spa, and terraces perfect for entertaining, complemented by a 4,500-gallon recirculating koi pond.
Superior Design & Luxury Features: Boasts impeccable design, superior craftsmanship, Riviera Bronze doors and windows, imported stone fireplaces, a nearly 1,200-bottle wine cellar, a gym, and a rare seven-car garage.
Sustainable & Modern Construction: Built in 2009 with sustainability in mind, incorporating state-of-the-art non-VOC materials, reclaimed woods, LED lighting, and a powerful 52-panel solar energy system.

Cons

Premium Pricing Relative to Market Estimate: The current list price of $18.5 million is 4% higher than the estimated property value of approximately $17.6 million, which may suggest an aggressive pricing strategy.
High Ongoing Costs: Ownership includes significant ongoing expenses, such as substantial association fees of $800 per month and high annual property taxes commensurate with a property of this value in California.
Bedroom Count for Size: While spacious at 6,755 square feet, the property offers 5 bedrooms, which might be considered fewer than some buyers expect for an estate of this magnitude and price point, especially compared to similar luxury properties.

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