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

home-pic
ACTIVE$12,995,000
322 Emerald Bay, Laguna Beach, California 92651
6Beds
7Baths
5,493Sqft
6,490Lot
Year Built
2003
Close
-
List price
$12.99M
Original List price
$12.99M
Price/Sqft
-
HOA
$8,796
Days on market
-
Sold On
-
MLS number
NP24014869
Home ConditionGood
Features
Excellent View: Ocean
Deck
Spa
Patio
ViewOcean

About this home

Panoramic ocean views, private outdoor living areas and a broad selection of today’s most sought-after upgrades and amenities help this casual yet luxurious Emerald Bay home redefine Laguna Beach living. While focused on gorgeous Pacific Ocean, Catalina Island, sunset and evening-light views from its top two levels, the spacious custom residence embraces a spectacular multi-level backyard that reveals a dining terrace with fireplace, a private spa, impressive stonework and landscaping, and intimate patios. Countless sets of French doors open to the backyard and to ocean-facing view balconies located off second-floor bedrooms and main-level living areas. Approximately 5,493 square feet, the extensively remodeled design features six en suite bedrooms and six and one-half baths. One is located on the ground floor next to a living room and is ideal for guests, and the middle floor showcases an office, oversized laundry, and a primary suite with marble-finished bath, two walk-in closets, a view deck, jetted tub, fireplace and separate vanities. Friends and loved ones will look forward to gathering on the main floor of the residence, which opens to a large ocean-view deck and hosts an atrium, bonus room, a formal dining room, and a spacious living room with stone fireplace and deck access. Ocean views also embellish a designer kitchen that displays an island, white cabinetry with glass uppers, a nook, built-in desk, natural stone countertops, custom backsplash, a traditional pantry, butler’s pantry, and a full suite of stainless steel Viking appliances. Noteworthy advantages are led by a three-car garage with built-in cabinetry, newer windows and doors, wood and stone flooring, designer lighting, vaulted open-beam ceilings and whole-house audio. Noted as one of Southern California’s most scenic communities, the guard-gated community of Emerald Bay reveals a stunning private beach, swimming and tennis amenities, parks and even its own fire station.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds63
97%
Baths73
96%
Square foot5,4932,015
97%
Lot Size6,4905,581
63%
Price$12.99M$3.15M
96%
Price per square foot$2,366$1,571
87%
Built year20031965
88%
HOA$8,796
1%
Days on market643198
99%
Condition Rating
Good

The property was built in 2003 and extensively remodeled. The kitchen features stainless steel Viking appliances, white cabinetry, and stone countertops. The bathrooms have marble finishes and separate vanities. The house has newer windows and doors, wood and stone flooring, and designer lighting. While not brand new, the property appears to be in good condition and move-in ready.
Pros & Cons

Pros

Panoramic Ocean Views: The property boasts exceptional panoramic ocean views, including Catalina Island, sunsets, and evening lights, significantly enhancing its desirability and market value.
Extensive Remodel: The residence has been extensively remodeled, featuring modern upgrades and amenities that cater to a luxurious lifestyle.
Private Outdoor Living: The multi-level backyard offers a dining terrace with a fireplace, a private spa, and intimate patios, creating a private and relaxing outdoor environment.
En Suite Bedrooms: With six en suite bedrooms, the property provides ample private space for family and guests, enhancing comfort and convenience.
Guard-Gated Community: Located in the guard-gated Emerald Bay community, residents benefit from a private beach, swimming and tennis amenities, parks, and a dedicated fire station, ensuring security and a high quality of life.

Cons

High Association Fee: The annual association fee of $8,796 is substantial and could deter some potential buyers.
Lot Size: While the home is spacious, the lot size of 6,490 sqft is relatively small for a property at this price point, potentially limiting outdoor space.
Price Point: The list price of $12,995,000 positions the property at the higher end of the market, potentially narrowing the pool of qualified buyers.

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