
Laguna Beach, California 92651
This Exquisitely Reimagined Coastal Cottage represents a High-Potential Investment Opportunity, listed at a List Price of $6,950,000—positioned well below the $7,175,707 Fair Market Value by 3%. This valuation gap offers $225,707 in Instant Equity. Featuring a Mint Condition Rating, the home includes a private guest suite and panoramic ocean views. Located in the guard-gated Emerald Bay, this property is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a turnkey, high-status coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 307 Emerald Subject | $6,950,000* List Price | 5 | 5 | 2,417 | $2,969 | - |
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.
Property is new construction or fully renovated.
Although originally built in 1946, the property has been completely reimagined and redesigned as a fully turnkey residence. The high-end renovation features modern luxury finishes including wide-plank flooring, marble countertops, and custom cabinetry. Given the recent sales history and description, the renovation is less than 5 years old, placing it in mint condition with no maintenance required.
Located in the prestigious guard-gated Emerald Bay, the property offers rare access to a private white-sand beach, world-class tennis and pickleball courts, and a private swim center.
This coastal cottage has been exquisitely reimagined with high-end finishes including marble countertops and wide-plank flooring, offering a move-in-ready experience with timeless architecture.
The floor plan includes a private-access guest suite with two bedrooms and a separate entrance, providing an ideal setup for multi-generational living, staff, or a secluded home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2417, other record living area = 2015. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Listed at $6.95 million for 2,417 square feet, the property commands a significant price premium that may challenge buyers seeking more interior volume at this price point.
The 4,558-square-foot lot is relatively small for the luxury market, which may limit outdoor yard space and privacy relative to neighboring properties.
Tucked behind the coveted guarded gates of Emerald Bay, this exquisitely reimagined coastal cottage captures the effortless elegance of one of Laguna Beach’s most exclusive private communities. Completely redesigned with exceptional attention to detail, this turnkey residence blends timeless coastal architecture with elevated modern luxury. Thoughtfully curated finishes include wide-plank flooring, marble countertops, artisan tile work, custom cabinetry, and beautiful windows that flood the home with natural light. The home offers five bedrooms and four-and-a-half baths, including a flexible guest suite configuration with two bedrooms and one bath privately accessed through a separate entrance — ideal for guests, extended family, staff, or a sophisticated work-from-home retreat. At the heart of the residence, an expansive open-concept living environment seamlessly connects the designer kitchen, dining area, and living spaces, creating an effortless backdrop for intimate gatherings and elegant entertaining alike. Indoor-outdoor living unfolds beautifully onto a private deck and sun-drenched backyard designed for relaxed coastal afternoons, al fresco dining, and memorable evenings under the stars. Just moments from Emerald Bay’s private white-sand beach, this exceptional property offers far more than a home — it offers a lifestyle defined by privacy, beauty, and effortless coastal luxury. Residents enjoy access to Emerald Bay’s world-class amenities, including private beach access, tennis and pickleball courts, swim center, parks, and a vibrant community atmosphere rarely found along the California coast. A rare opportunity to own a fully turnkey residence within one of Southern California’s most sought-after beach enclaves — where every day feels like a permanent vacation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 2,417 | 2,118.5 | 65% |
| Lot Size | 4,558 | 6,112.5 | 32% |
| Price | $6.95M | $3.20M | 86% |
| Price per sq ft | $2.9K | $1.5K | 93% |
| Built year | 1946 | 1964 | 26% |
| HOA | $9493.0 | $0 | 96% |
| Days on market | 5 | 175 | 3% |
Jun 1, 2026
$6,950,000
Initial Listing
Mar 8, 2024
$3,900,000
Public Record