32 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 3 bed, 4 bath

32 Emerald Bay, Laguna Beach, California 92651 home-pic-0
ACTIVE$9,250,000
32 Emerald Bay, Laguna Beach, California 92651
3Beds
4Baths
3,717Sqft
3,726Lot

Price Vs. Estimate

The estimated value ($9,250,000) is $0 (0%) lower than the list price ($9,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Oceanfront Location: The property boasts an ideal location, just steps from the exquisite private Emerald Bay beach, offering immediate access to coastal living with whitewater views and the soothing sound of waves.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3726, living area = 3717.

Compared to the nearby listings

Price:$9.25M vs avg $3.12M (+$6,125,000)91%
Size:3,717 sqft vs avg 2,018 sqft86%
Price/sqft:$2.5K vs avg $1.6K86%

More Insights

Built in 1985 (40 years old).
Condition: Despite being built in 1985, the listing explicitly states the home has been 'completely remodeled' with a 'sleek, contemporary aesthetic.' The images confirm this, showcasing a chef's kitchen with top-of-the-line Viking appliances, modern white cabinetry, and high-end countertops. Bathrooms feature contemporary floating vanities, integrated sinks, and modern tiling. Throughout the home, light hardwood flooring, recessed lighting, and modern fixtures are evident, indicating a very recent and extensive renovation. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1985
Close
-
List price
$9.25M
Original List price
$10.5M
Price/Sqft
$2,489
HOA
$8,378
Days on market
-
Sold On
-
MLS number
LG25051231
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Neighborhood, Ocean
Deck
ViewCatalina,City Lights,Coastline,Neighborhood,Ocean

About this home

Ideal location, just steps from the exquisite private Emerald Bay beach, 32 Emerald Bay offers an active coastal lifestyle with both stunning views and the soothing sound of the waves. This exceptional three bedroom, three-and-half-bath home has been completely remodeled and offers whitewater views from its coveted ocean-side location. Designed for modern living, this home boasts a sleek, contemporary aesthetic with clean lines and windows that flood the interiors with natural light. The home's spacious floor plan is designed for both entertaining and intimate relaxation. The chef's kitchen, complete with top-of-the-line appliances and a sleek design, opens to a dining area featuring an exquisite central fireplace. The upper, main level living room flows effortlessly to an ocean-facing deck, perfect for Catalina Island and sunset views. The spacious bedrooms offer luxurious en-suite bathrooms. A bonus room, including a state-of-the-art sauna provides the perfect space to maintain your wellness routine or adaptable to your own families needs. Beyond the home itself, Emerald Bay is an exclusive community that offers a premier living experience with 24-hour guard-gated security, 6 tennis courts, 3 volleyball courts, a swim center, parks , playgrounds and one of the most beautiful private white-sand beaches in California. Whether you're seeking a full-time residence or a vacation escape, this extraordinary property delivers an idyllic blend of luxury, privacy, and natural​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ beauty.

Condition Rating
Excellent

Despite being built in 1985, the listing explicitly states the home has been 'completely remodeled' with a 'sleek, contemporary aesthetic.' The images confirm this, showcasing a chef's kitchen with top-of-the-line Viking appliances, modern white cabinetry, and high-end countertops. Bathrooms feature contemporary floating vanities, integrated sinks, and modern tiling. Throughout the home, light hardwood flooring, recessed lighting, and modern fixtures are evident, indicating a very recent and extensive renovation. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Oceanfront Location: The property boasts an ideal location, just steps from the exquisite private Emerald Bay beach, offering immediate access to coastal living with whitewater views and the soothing sound of waves.
Exclusive Community Amenities: Located within the exclusive, guard-gated Emerald Bay community, residents benefit from premier amenities including 6 tennis courts, 3 volleyball courts, a swim center, parks, playgrounds, and one of California's most beautiful private white-sand beaches.
Luxurious Modern Renovation: The home has been completely remodeled with a sleek, contemporary aesthetic, featuring a chef's kitchen with top-of-the-line appliances, luxurious en-suite bathrooms, and a design that maximizes natural light.
Panoramic Ocean Views: Enjoy stunning panoramic views of Catalina Island, sunsets, coastline, and the ocean from the property's coveted ocean-side location and an ocean-facing deck.
Wellness-Oriented Bonus Space: A dedicated bonus room includes a state-of-the-art sauna, providing a perfect space for wellness routines or adaptable to various family needs.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3726, living area = 3717.
Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $10.5 million to $9.25 million, which may suggest an initial overvaluation or extended market time.
High Association Fees: The association fee of $8,378.0 is exceptionally high, representing a significant ongoing financial commitment for potential buyers.
Limited Lot Size: With a lot size of 3,726 sqft, which is nearly identical to the home's interior square footage, the property offers minimal outdoor space for a luxury residence in this price range.

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