138 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath
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Laguna Beach, California 92651
This Modern Santa Barbara-style Coastal Estate is listed at $9,895,000, offering a stable acquisition at its $9,895,000 Fair Market Value. Boasting an Excellent Condition Rating, the home features high-end renovations including a Wolf gourmet kitchen, Sub-Zero refrigeration, and hardwood flooring. Situated in the exclusive Emerald Bay guard-gated community, the property provides panoramic ocean views, a private beach, and access to the Laguna Beach Unified district. This turnkey residence is a premier choice for luxury home buyers or coastal lifestyle enthusiasts seeking a secure, world-class retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 Emerald Bay Subject | $9,895,000* List Price | 4 | 5 | 3,431 | $2,884 | - |
A 523 Emerald Bay Sold | $11,100,000 | 5 | 5 | 4,092 | $2,713 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2001, this property has clearly undergone extensive, high-quality renovations that bring it to a virtually new standard. The kitchen features top-of-the-line Wolf range and Sub-Zero style refrigeration, custom cabinetry, and pristine countertops. Bathrooms are equally impressive with modern fixtures, high-end vanities, and a mix of classic and contemporary finishes, including a freestanding tub and glass-enclosed showers. Hardwood flooring throughout the main living areas and well-maintained carpets in bedrooms, along with modern lighting and overall impeccable condition, indicate minimal physical depreciation and current quality standards.
Located in Emerald Bay, one of Southern California’s most exclusive guard-gated communities, offering a private beach, heated pools, tennis/pickleball courts, parks, and a dedicated fire station.
Situated on the Ocean Side of Pacific Coast Highway on a prime corner flat lot, with unbeatable convenience to the highly desirable north beach access and residents’ gate.
Features a modern Santa Barbara-style home with an open floor plan and primary suites on both levels, providing flexibility for single-level living if desired.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8008, other record lot size in square feet = 7300. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3431, other record living area = 3859. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The association fee of $9,563.0 is exceptionally high, representing a significant ongoing cost that could impact affordability and the pool of potential buyers.
The listing price recently increased from $8.895M to $9.895M, which may raise questions about the property's valuation strategy or market competitiveness.
A rare Emerald Bay opportunity - Ocean Side of Pacific Coast Highway! This modern Santa Barbara-style home sits on a prime corner flat lot near the highly desirable north beach access and residents’ gate, offering unbeatable convenience. Spanning approximately 3,431 square feet, and wrapping around a private and spacious backyard, the open floor plan was designed to include primary suites on both levels allowing for single level living if preferred. Emerald Bay is one of Southern California’s most exclusive guard gated communities, featuring a private beach, heated pools, tennis and pickle ball courts, parks, and even its own fire station - a rare blend of luxury, privacy, and world-class amenities. An opportunity like this in Emerald Bay doesn’t come often - don’t miss your chance to call this stunning property home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 5.0 | 3.0 | 84% |
| Square foot | 3,431 | 2,111 | 86% |
| Lot Size | 8,008 | 6,003 | 74% |
| Price | $9.89M | $3.10M | 93% |
| Price per sq ft | $2.9K | $1.6K | 92% |
| Built year | 2001 | 1965 | 84% |
| HOA | $9563.0 | $0 | 95% |
| Days on market | 87 | 180 | 18% |
Jan 26, 2026
$9,895,000
Initial Listing
Jan 25, 2026
$8,895,000
Initial Listing
Sep 24, 2021
$6,200,000
Public Record
Apr 16, 2002
$2,350,000
Public Record
Oct 29, 1999
$1,950,000
Public Record