199 Emerald Bay, Laguna Beach, California 92651, Laguna Beach, - bed, bath

home-pic
ACTIVE$44,995,000
199 Emerald Bay, Laguna Beach, California 92651
5Beds
7Baths
7,078Sqft
13,812Lot
Year Built
1996
Close
-
List price
$44.99M
Original List price
$44.99M
Price/Sqft
-
HOA
$11,655
Days on market
-
Sold On
-
MLS number
LG25010352
Home ConditionFair
Features
Excellent View: Bluff, Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Rocks, Water
Spa
Patio
ViewBluff,Catalina,City Lights,Coastline,Hills,Ocean,Panoramic,Rocks,Water

About this home

Perched atop a cliff in the prestigious enclave of Emerald Bay, this extraordinary estate, among merely three with direct private access to the waters below at Irvine Cove, offers boundless vistas of the ocean, Catalina Island, Palos Verdes and roaring whitewater just beneath you. Designed with intention to capitalize on both, the ever-changing views & privacy from neighbors, this residence occupies one of the most expansive lots within Emerald Bay as well as the Coast with nearly 100’ of frontage. Multiple terraces, mature landscaping, and a cove-facing hot tub were meticulously envisioned to maximize the natural slopes and endless views of crashing waves. A spectacular towering cypress greets you as you enter the estate while sea lions, dolphins, ospreys, yachts, and more entertain. A soft contemporary design intersects with functionality, resulting in inviting interiors that lend themselves to everyday living and entertaining. The different wings add privacy for family and guests. Soaring ceilings create voluminous spaces throughout the residence. Walls of glass opening to the terraces bring the Pacific Ocean and beyond indoors and it feels as if you’re sitting on top of the water. The muted palette of natural materials such as wood and limestone, curated to not compete with the coastal beauty, creates a soothing environment. Grand in scale, the main areas of the property as well as all bedrooms face outwards towards the multiple water-facing terraces. The owners’ suite spans nearly an entire level of the home, creating a private retreat with a spectacular view balcony. The rarity of this vastness while designed to optimize privacy from neighbors of this oceanfront estate cannot be overstated.

Price History

Date
Event
Price
01/30/25
Listing
$44,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (137 Listings)
Beds53
90%
Baths73
96%
Square foot7,0782,008
99%
Lot Size13,8125,516
95%
Price$44.99M$3.13M
99%
Price per square foot$6,357$1,580.5
99%
Built year19969825983
86%
HOA$12K
1%
Days on market279196
86%
Condition Rating
Fair

Built in 1996, this property is 28 years old. While the description highlights high-quality natural materials and a 'soft contemporary design,' the images of the kitchen and bathrooms suggest that these areas, though well-maintained and luxurious for their time, have not undergone an extensive renovation within the last 5-15 years. The kitchen features light wood cabinetry and appliances that, while high-end, reflect an earlier design aesthetic. Similarly, the bathroom shows light wood vanities and carpeted flooring, which are characteristic of high-end homes from the 90s but are now considered outdated in modern luxury design. The property is in good condition overall but requires minor updates to bring the key areas like kitchen and bathrooms to current contemporary standards.
Pros & Cons

Pros

Unparalleled Oceanfront Location & Views: Perched atop a cliff in the prestigious Emerald Bay, the estate offers boundless, panoramic views of the ocean, Catalina Island, Palos Verdes, and roaring whitewater, with walls of glass maximizing the vista from every room.
Exclusive Private Water Access: This is one of only three estates with direct private access to the waters below at Irvine Cove, providing an exceptional level of exclusivity and convenience.
Expansive & Private Lot: The property occupies one of the most expansive lots within Emerald Bay and along the coast, featuring nearly 100’ of frontage and a design that optimizes privacy from neighbors.
Sophisticated Design & Layout: The residence boasts a soft contemporary design with soaring ceilings, natural materials, and a functional layout including separate wings for privacy and a grand owner's suite spanning nearly an entire level.
Luxurious Outdoor Living: Multiple meticulously envisioned terraces, mature landscaping, and a cove-facing hot tub are designed to maximize the natural slopes and endless views of crashing waves.

Cons

Substantial Association Fees: The property carries a significant association fee of $11,655, which represents a considerable ongoing financial commitment for the owner.
Potential for High Maintenance Costs: A large, cliff-top estate with extensive landscaping and direct water access inherently suggests substantial ongoing maintenance expenses for the property and its unique features.
Age of Construction (1996): While well-maintained, the 1996 construction date means some systems or finishes might not incorporate the absolute latest in smart home technology or energy efficiency, potentially requiring future updates to meet modern luxury standards.

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