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

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

2 Emerald Bay

Laguna Beach, California 92651

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,619Sq Ft
3,750Lot Size

Property Price

LIST PRICE$5,900,000
EST. MARKET VALUE
$6,374,704
7% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$6,374,704 +$474,704 Equity Potential
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
2 Emerald Bay
Subject
$5,900,000*
List Price
332,619$2,434-
A
307 Emerald Bay
Active
$6,950,000
List Price
552,417$2,8750.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1932 historic Spanish-style residence is move-in ready and has been meticulously maintained with tasteful modern updates, including new double-paned windows. While it retains its original architectural charm and craftsmanship, the integration of contemporary livability features and well-preserved systems places it in the 'good' category. It does not qualify as 'excellent' only because it is a historic preservation rather than a brand-new construction or a total gut renovation where all components are less than five years old.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Coastal Location

    Situated on the highly coveted Oceanside of Emerald Bay, this property offers exclusive access to one of California’s most prestigious and secure private beach communities.

  • Architectural Pedigree

    Designed by renowned architect Henry Palmer Sabin, this 1930s Spanish-style residence showcases timeless craftsmanship and historic character that is rare in the luxury market.

  • Modernized Historic Charm

    The home seamlessly blends vintage aesthetics with contemporary updates, including new double-paned windows and a versatile floor plan featuring a rare basement for ample storage.

CONSRISKS & DEFICIENCIES

  • 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.

  • Limited Lot Size

    With a lot size of 3,750 square feet, the outdoor space is relatively compact, which may limit buyers seeking expansive private gardens or large-scale outdoor amenities.

  • View Profile

    Despite its premium location and price point, the property features a hill view rather than a direct ocean view, which may be a drawback for high-end coastal buyers.

About 2 Emerald Bay

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1932
Lot Size
3,750 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$9563.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,6192,054
71%
Lot Size3,7506,003
21%
Price$5.90M$3.06M
88%
Price per sq ft$2.3K$1.6K
78%
Built year19321965
11%
HOA$9563.0$0
96%
Days on market54200
5%

Pricing History

Listed for Sale

Jan 12, 2026

$5,900,000

Initial Listing

Sold

Jul 16, 2018

$3,127,000

Public Record

Sold

Jun 24, 2003

$1,813,000

Public Record

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