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

199 Emerald Bay
Laguna Beach, California 92651
Property Price
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
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 While functional and in good condition, these elements show signs of being stylistically outdated and would likely require updates to meet current luxury design standards, as noted in the property's own analysis regarding 'potential for dated interiors'.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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 7,078 | 2,054 | 99% |
| Lot Size | 13,812 | 6,041.5 | 92% |
| Price | $44.99M | $3.06M | 99% |
| Price per sq ft | $6.4K | $1.6K | 97% |
| Built year | 1996 | 1965 | 83% |
| HOA | $11655.0 | $0 | 99% |
| Days on market | 40 | 200 | 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






















