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2 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 3 bath

2 Emerald Bay, Laguna Beach, California 92651 home-pic-0
ACTIVE$5,900,000$2,619/sqft
Est. Value: $6,529,577
10%
BelowEstimate
2 Emerald Bay, Laguna Beach, California 92651
3Beds
3Baths
2,619Sqft
3,750Lot

Price Vs. Estimate

The estimated value ($6,529,577.12) is $629,577.12 (10%) higher than the list price ($5,900,000). This property may be underpriced.

Key pros and cons

Top Pros:
Architectural Heritage & Style: Designed by renowned architect Henry Palmer Sabin, this romantic 1930s California Spanish-style residence offers unique character and craftsmanship.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2619, other record living area = 2362.

Compared to the nearby listings

Price:$5.90M vs avg $3.15M (+$2,745,000)85%
Size:2,619 sqft vs avg 2,111.5 sqft65%
Price/sqft:$2.3K vs avg $1.6K77%

More Insights

Built in 1932 (94 years old).
Condition: This 1932 Spanish-style residence is lovingly maintained and features tasteful modern updates throughout the main living areas, bedrooms, and new double-paned windows. While the kitchen and two of the three bathrooms retain a distinct, dated vintage style (though clean and functional with modern kitchen appliances), the property is move-in ready with well-maintained systems and a fresh overall presentation in most spaces. The blend of historic charm and functional updates places it in 'Good' condition, requiring no immediate renovation for habitability, though some buyers may desire cosmetic updates to the kitchen and main bathrooms.
Year Built
1932
Close
-
List price
$5.9M
Original List price
$5.9M
Price/Sqft
$2,253
HOA
$9,563
Days on market
-
Sold On
-
MLS number
LG26005607
Home ConditionGood
Features
Excellent View: Hills
Deck
Patio
ViewHills

About this home

This romantic 1930s California Spanish–style residence, designed by renowned architect Henry Palmer Sabin, is truly a work of art. Lovingly maintained and thoughtfully enhanced, it captures the timeless character and craftsmanship of the era while introducing tasteful modern updates. Located on the highly coveted Oceanside of Emerald Bay, this three-bedroom, three-bath home offers the perfect blend of historic charm and contemporary livability. New double paned windows flood the interiors with natural light, accentuating the rich architectural details throughout. The floor plan offers exceptional versatility, ideal as a full-time residence or a beachside retreat. Highlights include an inviting enclosed side yard perfect for entertaining or play, a separate family room or office for added flexibility, and a rare basement providing abundant storage. Within close proximity to Emerald Bay’s pristine beach, this enchanting home invites you to experience the romance, warmth, and lifestyle that make Emerald Bay one of California’s most treasured coastal communities.

M
Maura Short
Listing Agent

Price History

Date
Event
Price
07/16/18
Sold
$3,127,000
06/24/03
Sold
$1,813,000
Condition Rating
Good
This 1932 Spanish-style residence is lovingly maintained and features tasteful modern updates throughout the main living areas, bedrooms, and new double-paned windows. While the kitchen and two of the three bathrooms retain a distinct, dated vintage style (though clean and functional with modern kitchen appliances), the property is move-in ready with well-maintained systems and a fresh overall presentation in most spaces. The blend of historic charm and functional updates places it in 'Good' condition, requiring no immediate renovation for habitability, though some buyers may desire cosmetic updates to the kitchen and main bathrooms.
Pros & Cons

Pros

Architectural Heritage & Style: Designed by renowned architect Henry Palmer Sabin, this romantic 1930s California Spanish-style residence offers unique character and craftsmanship.
Premier Coastal Location: Situated on the highly coveted Oceanside of Emerald Bay, Laguna Beach, providing exclusive access and close proximity to a pristine beach.
Blend of Historic Charm & Modernity: Lovingly maintained and thoughtfully enhanced with tasteful modern updates, including new double-paned windows, ensuring comfort while preserving its timeless appeal.
Versatile Living Spaces: Features a flexible floor plan suitable for full-time residency or a beach retreat, complemented by a separate family room/office and an inviting enclosed side yard.
Rare Basement & Ample Storage: Includes a rare basement, offering significant and valuable storage space, which is uncommon for properties of this age and location.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2619, other record living area = 2362.
Substantial Association Fees: The annual association fee of $9,563 is exceptionally high, adding a significant recurring cost to ownership.
Age of Property: Built in 1932, despite enhancements, the property's age may imply potential for future maintenance or system upgrades not explicitly detailed.
High Price Point: With a list price of $5.9 million, the property targets a very niche market, potentially limiting the pool of prospective buyers.
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