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

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

199 Emerald Bay

Laguna Beach, California 92651

ACTIVE
CONDITION: FAIR
5Beds
7Baths
7,078Sq Ft
13,812Lot Size

Property Price

LIST PRICE$44,995,000

SUMMARY

Analysis of 199 Emerald Bay, Laguna Beach, California 92651 is currently available with a list price of $44,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Laguna Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1996, this luxury oceanfront residence is exceptionally well-maintained with high-quality materials. However, the kitchen features traditional light wood cabinetry and granite countertops, and the master bathroom includes similar cabinetry and carpeted flooring, all indicative of its original build era. While functional and in good condition, these elements show signs of being stylistically outdated and would likely require updates to meet current luxury design standards, as noted in the property's own analysis regarding 'potential for dated interiors'.

PROSSTRENGTHS & OPPORTUNITIES

  • Unrivaled Oceanfront Location & Views

    This exceptionally rare oceanfront residence commands a singular oversized parcel with unobstructed surfline, cove, Catalina Island, and sunset views from its premier position in Emerald Bay, Orange County's most exclusive guard-gated enclave.

  • Exclusive Community & Amenities

    Located within Emerald Bay, residents enjoy a secure, private oceanfront community offering nearly a half-mile of pristine private beach, parks, tennis courts, swimming facilities, volleyball, and other unparalleled amenities.

  • Direct & Private Beach Access

    An uncommon privilege, the property features a private gated path and staircase providing direct, exclusive access to the cove below, enhancing its luxury and desirability.

CONSRISKS & DEFICIENCIES

  • Extremely High Price Point

    The list price of $44,995,000 places this property in an ultra-luxury niche, significantly limiting the potential buyer pool.

  • Substantial Association Fees

    The property carries a high association fee of $11,655, representing a significant ongoing cost for the homeowner.

  • Potential for Dated Interiors/Systems

    Built in 1996, while well-maintained, the property may require updates to its interior finishes or systems to meet the expectations of a buyer seeking cutting-edge design and smart home technology at this price point.

About 199 Emerald Bay

Resting at the end of a quiet cul-de-sac in Emerald Bay—Orange County's premier private, guard-gated oceanfront enclave—this exceptionally rare oceanfront residence commands a singular oversized parcel with unobstructed surfline, cove, Catalina Island, and sunset views. The home is deliberately private, buffered from neighbors, and organized around dramatic, high-volume interiors that maximize the coastal panorama. A two-story entry sets the tone, leading to main living spaces on a single level: a great room, formal dining room, expansive family room or office, theater, and an oversized kitchen with oceanfront dining. All open seamlessly to a generous seaside terrace—one of the property's defining features.The terraced grounds descend toward the water's edge, featuring broad stone terraces, gardens, a seaside spa, and lawn; all anchored by nearly century-old Monterey cypress. The master suite occupies much of an entire floor, discreetly separated from secondary bedrooms, and enjoys amazing water vistas. An elevator serves all levels, with ample garage and off-street parking for residents and guests. A private gated path and staircase provide direct, exclusive access to the cove below—an uncommon privilege. Emerald Bay remains inimitable under current restrictions: a secure oceanfront community that enjoys nearly a half-mile of pristine private beach, parks, tennis courts, swimming facilities, volleyball, and other amenities in coveted North Laguna Beach. Its residents enjoy a lifestyle that is unmatched along the coast of Southern California. This is a rare opportunity to own a generously scaled oceanfront residence overlooking one of the world's most scenic coastlines.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1996
Lot Size
13,812 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
7 (7 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$11655.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
88%
Baths7.03.0
98%
Square foot7,0782,054
99%
Lot Size13,8126,041.5
92%
Price$44.99M$3.06M
99%
Price per sq ft$6.4K$1.6K
97%
Built year19961965
83%
HOA$11655.0$0
99%
Days on market40200
3%

Pricing History

Listed for Sale

Jan 26, 2026

$44,995,000

Initial Listing

Sold

Mar 8, 2019

$16,050,000

Public Record

Sold

Jul 23, 2013

$5,000,000

Public Record

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