307 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 5 bed, 5 bath
307 Emerald Bay
Laguna Beach, California 92651
Property Price
SUMMARY
Analysis of 307 Emerald Bay, Laguna Beach, California 92651 reveals a Fairly Priced Property with a current list price of $6,950,000 aligned with the estimated $6,851,494 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 307 Emerald Bay Subject | $6,950,000* List Price | 5 | 5 | 2,417 | $2,835 | - |
A 2 Emerald Bay Active | $5,900,000 List Price | 3 | 3 | 2,619 | $2,253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has been fully and recently remodeled with high-end designer finishes and superior craftsmanship. The kitchen features new white shaker cabinets, marble countertops and backsplash, professional-grade stainless steel appliances, and European oak floors. All bathrooms are completely updated with modern vanities, contemporary fixtures, custom tile work, and glass shower enclosures. The entire home, including flooring, windows, and lighting, appears virtually new and meets current quality standards, despite the original 1946 build year.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive Community Access
Located within the prestigious, guarded Emerald Bay community, offering private beach access just a short walk away, enhancing lifestyle and value.
- Turnkey Luxury Remodel
Fully remodeled with designer finishes, superior craftsmanship, and high-end materials like European oak floors and marble countertops, providing a move-in ready luxury experience.
- Open-Concept Entertainment
The seamless flow between kitchen, dining, and living areas creates an expansive, ideal space for hosting and social gatherings.
CONSRISKS & DEFICIENCIES
- Significant Association Fees
The high association fee of $9,493.0 (likely annual) adds a considerable recurring expense to homeownership.
- History of Price Reductions
Multiple price adjustments since its initial listing may suggest market resistance or an initial overvaluation, impacting perceived value.
- Original Build Year Considerations
While extensively updated, the 1946 original construction year could imply potential underlying infrastructure considerations or a smaller footprint typical of older coastal cottages.
About 307 Emerald Bay
This completely remodeled coastal cottage is more than just a home; it's a lifestyle. It represents a rare opportunity to own a turnkey property in the highly sought after private beach community of Emerald Bay. Behind the community's exclusive guarded gates, this home has been meticulously reimagined with designer finishes and superior craftsmanship including European oak floors, marble countertops, custom tile and beautiful Milgard windows throughout. The home boasts a total of five bedrooms and four-and-a-half baths with two of the bedrooms and one bath accessible through a separate entrance. The heart of the home is a seamless connection between the kitchen, dining, and living areas, creating an expansive space ideal for hosting. The open-concept layout flows onto a private deck and sunny backyard—your new favorite gathering spot. This outdoor haven has been thoughtfully designed for play and entertainment, featuring a spacious patio for idyllic outdoor living. With private community beach access just a short walk away, every day feels like a vacation. 307 Emerald bay combines coastal charm, modern luxury, and the perfect setup for both quiet moments and memorable gatherings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 4,558 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $9493.0 / 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 | 5.0 | 3.0 | 81% |
| Square foot | 2,417 | 2,054 | 65% |
| Lot Size | 4,558 | 6,003 | 33% |
| Price | $6.95M | $3.06M | 90% |
| Price per sq ft | $2.9K | $1.6K | 92% |
| Built year | 1946 | 1965 | 26% |
| HOA | $9493.0 | $0 | 96% |
| Days on market | 138 | 200 | 27% |
Pricing History
Listed for Sale
Feb 1, 2026
$6,950,000
$7,195,000
-3% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$7,195,000
$7,495,000
-4% Price Drop
Initial Listing
Price Change
Oct 20, 2025
$7,495,000
Initial Listing