64 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, 92651 - 4 bed, 5 bath
ACTIVE$13,500,000
64 Emerald Bay, Laguna Beach, California 92651
4Beds
5Baths
3,588Sqft
3,250Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unrivaled Coastal Location: Situated in the highly coveted Emerald Bay, 'a stone's throw to the exquisite beach' and 'ideally positioned near the quiet southernmost edge of the bay,' offering exclusive community access and prestige.
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 = 3250, living area = 3588.
Compared to the nearby listings
Price:$13.50M vs avg $3.12M (+$10,375,000)95%
Size:3,588 sqft vs avg 2,018 sqft82%
Price/sqft:$3.8K vs avg $1.6K96%
More Insights
Built in 1985 (40 years old).
Condition: Built in 1985, this property is 39 years old. While described as 'move-in ready' and 'solidly built,' the listing explicitly notes 'abundant potential to update, personalize, or completely transform' and 'Dated Interior/Renovation Required.' The kitchen, a key area, features very dated tiled countertops, a tiled backsplash, and terracotta-style flooring, despite having some newer stainless steel appliances. This indicates that while functional and maintained, the interior finishes are significantly outdated and would require substantial renovation to meet contemporary standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with outdated major components.
Year Built
1985
Close
-
List price
$13.5M
Original List price
$15M
Price/Sqft
$3,763
HOA
$9,563
Days on market
-
Sold On
-
MLS number
LG25080824
Home ConditionFair
Features
Excellent View: Ocean
Deck
ViewOcean
About this home
A stones throw to the coveted South end Emerald Bay’s exquisite beach, 64 Emerald Bay presents a rare opportunity to own in one of the most sought-after locations within this iconic, Laguna Beach community. Ideally positioned near the quiet southernmost edge of the bay, this approximately 3,588 square foot home enjoys dramatic whitewater views—where waves crash against the rocky shoreline, delivering a breathtaking coastal backdrop. With 4 bedrooms and 4.5 baths, the residence offers a traditional floor plan featuring formal living areas, spacious bedrooms, and a layout designed for both comfort and entertaining. Rich in character and solidly built, the home is move-in ready while offering abundant potential to update, personalize, or completely transform into a spectacular custom retreat. Perhaps its most captivating feature? The constant, soothing sound of the ocean, providing a peaceful soundtrack to daily life—day and night.
Condition Rating
Fair
Built in 1985, this property is 39 years old. While described as 'move-in ready' and 'solidly built,' the listing explicitly notes 'abundant potential to update, personalize, or completely transform' and 'Dated Interior/Renovation Required.' The kitchen, a key area, features very dated tiled countertops, a tiled backsplash, and terracotta-style flooring, despite having some newer stainless steel appliances. This indicates that while functional and maintained, the interior finishes are significantly outdated and would require substantial renovation to meet contemporary standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with outdated major components.
Pros & Cons
Pros
Unrivaled Coastal Location: Situated in the highly coveted Emerald Bay, 'a stone's throw to the exquisite beach' and 'ideally positioned near the quiet southernmost edge of the bay,' offering exclusive community access and prestige.
Dramatic Whitewater Ocean Views: Features 'dramatic whitewater views' and the 'constant, soothing sound of the ocean,' providing a breathtaking coastal backdrop and serene ambiance.
Spacious & Functional Layout: An approximately 3,588 sqft residence with 4 bedrooms and 4.5 baths, offering a traditional floor plan designed for comfort and entertaining.
Move-in Ready with Customization Potential: The home is 'move-in ready' yet provides 'abundant potential to update, personalize, or completely transform,' appealing to buyers seeking immediate occupancy with future upgrade options.
Prestigious Community: Ownership in Emerald Bay signifies access to one of Laguna Beach's most iconic and sought-after, exclusive communities.
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 = 3250, living area = 3588.
Substantial Association Fees: The property carries a very high association fee of $9,563, which represents a significant ongoing cost for potential buyers.
Dated Interior/Renovation Required: Built in 1985, and described as 'rich in character' with 'potential to update, personalize, or completely transform,' suggests the interior may not meet contemporary luxury standards and could require significant investment for a full modernization.
Recent Price Reduction: The property has undergone a significant price reduction from $15,000,000 to $13,500,000, which could indicate initial overpricing or a need for further market adjustment.