145 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 12 bath

145 Emerald Bay, Laguna Beach, California 92651 home-pic-0

145 Emerald Bay

Laguna Beach, California 92651

ACTIVE
CONDITION: GOOD
5Beds
12Baths
6,965Sq Ft
8,423Lot Size

Property Price

LIST PRICE$24,995,000
EST. MARKET VALUE
$23,190,140
7% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$23,190,140
Based on Realkey algorithm analyzing recent comparable sales in Laguna Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
145 Emerald Bay
Subject
$24,995,000*
List Price
5126,965$3,330-
A
1115 Emerald Bay
Active
$18,500,000
List Price
576,755$2,7390.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This property, rebuilt from the ground up in 2007, is in exceptional condition for its age (17 years old). The kitchen features high-end, traditional-style cabinetry, stone countertops, and professional-grade appliances, all appearing meticulously maintained. Bathrooms are described as 'spa-inspired' and appear equally luxurious. Flooring, light fixtures, and overall finishes are of high quality and well-preserved. While the aesthetic is luxurious, it leans towards a more traditional style prevalent around its rebuild year, rather than the 'soft-contemporary' style mentioned in the approved future plans. This slight stylistic aging, despite impeccable maintenance, places it firmly in the 'Good' category, as it is move-in ready with no immediate renovations required, and all major systems are functional and within expected lifespan.

PROSSTRENGTHS & OPPORTUNITIES

  • Unrivaled Panoramic Views

    Commands a privileged north-point position offering unobstructed, front-row views of Irvine Cove, Catalina Island, and spectacular Pacific sunsets, encompassing ocean, coastline, and water vistas.

  • Prestigious Location & Community

    Situated in the iconic Emerald Bay, Laguna Beach, a highly exclusive and sought-after community known for its luxury estates.

  • Extensive Luxury Amenities

    Features a chef's kitchen, two private offices, a spa-inspired primary suite, multiple outdoor fireplaces, an outdoor kitchen with built-in barbecue, heated spa, fire-pit seating, and a putting green.

CONSRISKS & DEFICIENCIES

  • Substantial Additional Investment Required

    While approved plans for an infinity pool and spa are a strength, they also imply a significant additional financial investment and construction period for the buyer to realize the property's full potential.

  • High Association Fees

    The property is subject to a substantial association fee of $9,000.0, representing a significant ongoing cost of ownership.

  • Current Aesthetic May Require Update

    Rebuilt in 2007, the current design, while luxurious, may not fully align with the 'soft-contemporary style with refined finishes and modern coastal elegance' envisioned in the approved plans, potentially necessitating further renovation to meet current luxury trends.

About 145 Emerald Bay

EMERALD BAY | LAGUNA BEACH | Rebuilt from the ground up in 2007, this iconic Emerald Bay estate commands one of the community’s most privileged north-point positions, offering unobstructed, front-row views of Irvine Cove, Catalina Island, and spectacular Pacific sunsets. Spanning approximately 7,000 square feet, the residence features five spacious bedroom suites—each with its own bath and walk-in closet—along with two additional half baths. Crafted for elevated coastal living, the home includes formal living and dining rooms, a chef’s kitchen connected to a relaxed family and dining area, and two private offices. The primary suite is an exceptional retreat with a spa-inspired bath, oversized walk-in shower, soaking tub, and dual walk-in closets. Indoor and outdoor living blend effortlessly. A dramatic entry courtyard welcomes guests with a fireplace and alfresco dining area, while the main-level terrace showcases panoramic ocean vistas and a lounge warmed by a second outdoor fireplace. The lower level is designed for entertainment, featuring a private rear yard with an outdoor kitchen, built-in barbecue, dining space, heated spa, fire-pit seating, and a putting green—all framed by striking white-water views. THE FUTURE Approved architectural plans—cleared by both the Emerald Bay Community Association and the County of Orange—allow for a complete re-envisioning of the estate, including a stunning new infinity-edge pool and spa. Created by noted Laguna Beach architect Rory Foubister, the reimagined design embraces a sophisticated soft-contemporary style with refined finishes and modern coastal elegance. Plans and renderings are available upon request.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2007
Lot Size
8,423 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
12 (12 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$9000.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
88%
Baths12.03.0
99%
Square foot6,9652,054
99%
Lot Size8,4236,041.5
80%
Price$25.00M$3.06M
99%
Price per sq ft$3.6K$1.6K
95%
Built year20071965
91%
HOA$9000.0$0
95%
Days on market156200
34%

Pricing History

Listed for Sale

Nov 22, 2025

$24,995,000

$27,500,000

-9% Price Drop

Initial Listing

Price Change

Oct 2, 2025

$27,500,000

Initial Listing

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