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

home-pic
ACTIVE$12,750,000
523 Emerald Bay, Laguna Beach, California 92651
5Beds
5Baths
4,092Sqft
5,320Lot
Year Built
2001
Close
-
List price
$12.75M
Original List price
$14M
Price/Sqft
-
HOA
$9,563
Days on market
-
Sold On
-
MLS number
LG25080825
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean
Deck
ViewCatalina,City Lights,Coastline,Hills,Neighborhood,Ocean

About this home

Welcome to 523 Emerald Bay—where coastal luxury meets panoramic perfection in one of Laguna Beach’s most sought-after private communities. Perched to capture uninterrupted views of the Pacific Ocean, Catalina Island, and glowing sunsets that light up the sky, this more than 4000 SF, 5 bedroom, 4.5 bath home offers a front-row seat to Southern California’s most breathtaking coastal scenery. Inside, discover a stunning blend of contemporary elegance and refined coastal sophistication, all overlooking one of California’s most coveted beaches. The light-filled great room flows seamlessly onto expansive decks—perfect for entertaining or simply soaking in the view. A chef-worthy kitchen, spa-inspired baths, and generously sized bedrooms make everyday living feel like a retreat. Property has a separate guest quarters, perfect for visitors or staff and an office or fifth bedroom. Set within the exclusive enclave of Emerald Bay, residents enjoy private access to a secluded beach, six tennis courts, a resort-style swim center, beautiful parks, and 24/7 security—all just minutes from the vibrant energy of downtown Laguna Beach. This is more than a home—it’s a lifestyle. And those views? They’re simply next level.

Price History

Date
Event
Price
09/16/25
Price Change
$12,750,000-8.9%
04/25/25
Listing
$14,000,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (138 Listings)
Beds53
90%
Baths53
78%
Square foot4,0922,015
94%
Lot Size5,3205,450
49%
Price$12.75M$3.15M
96%
Price per square foot$3,116$1,571
96%
Built year20011965
87%
HOA$9,563
1%
Days on market194194
50%
Condition Rating
Excellent

Built in 2001, this property has clearly undergone extensive, high-quality renovations, likely within the last 5 years, as evidenced by the 'contemporary elegance' described and seen in the images. The kitchen features sleek, modern dark wood cabinetry, high-end stainless steel appliances (including an integrated refrigerator and a stylish range hood), and pristine countertops, all appearing virtually new and meeting current design standards. The bathrooms are equally impressive with 'spa-inspired' finishes, modern vanities, light stone countertops, and recessed lighting. Throughout the home, the large format tile flooring is immaculate, and all fixtures and finishes reflect a recent, luxurious update. There is no visible wear and tear, and the property presents as move-in ready with no deferred maintenance.
Pros & Cons

Pros

Exclusive Community & Amenities: Located within Emerald Bay, a highly sought-after private community offering residents exclusive access to a secluded beach, six tennis courts, a resort-style swim center, beautiful parks, and 24/7 security.
Unrivaled Panoramic Views: The property is perfectly perched to capture breathtaking, uninterrupted views of the Pacific Ocean, Catalina Island, city lights, coastline, and spectacular sunsets.
Luxurious & Contemporary Design: Showcases a stunning blend of contemporary elegance and refined coastal sophistication, featuring a light-filled great room, a chef-worthy kitchen, and spa-inspired baths.
Spacious & Versatile Layout: Boasts over 4,000 sqft with 5 bedrooms and 4.5 baths, including a separate guest quarters perfect for visitors or staff, and a dedicated office or fifth bedroom.
Expansive Outdoor Living: Features large, expansive decks that seamlessly extend the living space outdoors, ideal for entertaining and soaking in the unparalleled coastal scenery.

Cons

Substantial Association Fees: The property incurs a very high association fee of $9,563, which adds a significant recurring cost to homeownership.
Limited Lot Size: With a lot size of 5,320 sqft, the outdoor space is relatively compact for a luxury home of this square footage and price point, potentially limiting extensive landscaping or recreational areas.
Recent Price Reduction: The property has undergone a notable price reduction from its original list price of $14,000,000 to $12,750,000, which may indicate market resistance or a need for a specific buyer profile.

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