320 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 4 bath
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Laguna Beach, California 92651
This Turnkey Coastal Estate is a Strong Value Opportunity, listed at $8,500,000—positioned well below the $9,326,328 Fair Market Value by 8%. This valuation gap provides $826,328 in Instant Equity. Boasting a Turnkey Condition Rating following extensive high-end renovations, the home features a gourmet chef’s kitchen and a panoramic ocean-view rooftop deck. Located in the exclusive, gated Emerald Bay community with private beach access and served by the Laguna Beach Unified district, it offers a rare blend of financial upside and elite lifestyle. This is an ideal acquisition for Luxury Home Buyers or Coastal Lifestyle Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Emerald Bay Subject | $8,500,000* List Price | 4 | 4 | 3,581 | $2,604 | - |
A 138 Emerald Bay Sold | $9,800,000 | 4 | 5 | 3,431 | $2,856 | 0.5 mi |
B 420 Emerald Bay Active | $9,500,000 List Price | 4 | 4 | 3,508 | $2,708 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1937, the property has undergone an extensive high-end renovation, making it a fully turnkey residence. The gourmet chef's kitchen is equipped with premium stainless steel appliances, custom cabinetry, and a large marble island. The interior features updated hardwood flooring, modern recessed lighting, and contemporary fixtures throughout. The outdoor living spaces, including the expansive rooftop deck and the brick patio with a built-in BBQ and fireplace, are in pristine condition, reflecting a high standard of maintenance and modern quality.
Situated in the prestigious, gated enclave of Emerald Bay, the property offers unparalleled access to a private white sand beach, six championship tennis courts, and a resort-style swimming complex.
The home features a sweeping rooftop deck with breathtaking Pacific vistas and a private backyard retreat equipped with a lush garden, pergola, fireplace, and built-in BBQ.
This meticulously designed 4-bedroom residence offers a turnkey experience, blending classic 1930s charm with a gourmet chef’s kitchen and a primary suite that serves as a private ocean-view sanctuary.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3581, other record living area = 3116. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The property is subject to a substantial association fee of $9,900, which may be a consideration for buyers sensitive to high recurring monthly or annual expenses.
Originally constructed in 1937, the home may possess architectural or infrastructure limitations inherent to older properties that could require more specialized maintenance than a contemporary build.
Every detail of 320 Emerald Bay has been thoughtfully designed, blending classic elegance with sleek, modern simplicity. Sunlight floods the interiors, creating a warm, inviting atmosphere that extends seamlessly to the outdoors. The home features a truly beautiful primary suite, offering a private sanctuary with a spectacular ocean view and a sweeping rooftop deck capturing breathtaking vistas of the Pacific. Entertain in style in the gourmet chef’s kitchen, perfectly positioned next to the dining room with ocean views. Step outside to a private backyard retreat, featuring a lush garden, pergola, fireplace, and built-in BBQ. This turnkey 4-bedroom, 4-bath home sits within the exclusive, gated beachside community of Emerald Bay, offering unparalleled access to a pristine white sand beach, six championship tennis courts, professional beach volleyball courts, and a resort-style swimming complex. Minutes from John Wayne Airport, world-class shopping at Newport’s Fashion Island, and the charm of Downtown Laguna Beach, this property delivers the ultimate Southern California lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 4.0 | 3.0 | 69% |
| Square foot | 3,581 | 2,109 | 90% |
| Lot Size | 6,210 | 6,001.5 | 55% |
| Price | $8.50M | $3.08M | 89% |
| Price per sq ft | $2.4K | $1.6K | 82% |
| Built year | 1937 | 1964 | 17% |
| HOA | $9900.0 | $0 | 98% |
| Days on market | 7 | 181 | 2% |
Apr 15, 2026
$8,500,000
Initial Listing
Sep 4, 2020
$4,800,000
Public Record
Oct 7, 2004
$3,950,000
Public Record
Sep 30, 1999
$1,725,000
Public Record