$36,500,000
5Beds7Baths7,078SqFt
199 Emerald BayLaguna Beach, CA 92651Emerald Bay
$34,500,000
90 Days On Site
157 159 EMERALD BAY Laguna Beach, CA 92651
8Beds
10Total Baths
6Full Baths
4Partial Baths
8,856SqFt
$3,896$/SqFt
1998Built
SubdivisionEmerald Bay
About 157 159 EMERALD BAY
**Legacy by the Sea: A Rare Two-Residence Compound in Emerald Bay**A truly extraordinary opportunity within the prestigious guard-gated community of Emerald Bay in Laguna Beach. Situated on the highly coveted ocean side of Pacific Coast Highway, this exceptional legacy compound encompasses two separate residences on two legal parcels, creating one of the most unique offerings ever available within this world-renowned coastal enclave. Together, 157 and 159 Emerald Bay offer approximately 8,856 square feet of living space on a combined 15,706 square feet of grounds, thoughtfully designed for multi-generational living, grand-scale entertaining, and effortless coastal luxury. Sweeping ocean views, expansive indoor-outdoor living spaces, and an unmatched collection of amenities define this one-of-a-kind estate in absolute pristine condition. The main residence features elegant formal and casual living spaces, a chef's kitchen, elevator access, theater and bonus rooms, fitness area, conditioned wine room, extensive storage, and a five-car garage. The secondary residence offers contemporary coastal design, a dramatic great room with disappearing walls of glass, designer kitchen, private office, guest suite, a custom bunk room plus a two-car garage.
Resort-inspired grounds include a saltwater pool and spa, infrared sauna, outdoor shower, two outdoor fireplaces plus a seated fire pit, outdoor television, expansive lawn, built-in barbecue, and multiple dining, lounging and entertaining areas.
Residents enjoy Emerald Bay's private beach, tennis and pickleball courts, volleyball, swim center, parks, and 24-hour guard-gated and patrolled security. Rarely does a property of this scale, flexibility, and pedigree become available. An unparalleled opportunity to own one of Emerald Bay's most extraordinary family compounds.
Call Clark Smith at (949) 494-8830 for more information about 157 159 EMERALD BAY in Laguna Beach
157 159 EMERALD BAY, Laguna Beach
- Price
- $34,500,000
- Days On Site
- 90 Days
- Bedrooms
- 8
- Inside Area (SqFt)
- 8,856 sqft
- Total Baths
- 10
- Full Baths
- 6
- Partial Baths
- 4
- Lot Size
- 0.3606 Acres
- Year Built
- 1998
- MLS® Number
- LG26086482
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $833.33 monthly
- Sq Ft Source
- Plans
General Features
- Property Type
- Single Family Residence
- MLS Number
- LG26086482
- Year Built
- 1998
- Living Area (sq ft)
- 8,856
- Living Area Source
- Plans
- Lot Size (sq ft)
- 15,706
- Lot Size (acres)
- 0.3606
- Levels
- Three Or More
- Bedrooms
- 8
- Full Baths
- 6
- Half Baths
- 4
- Garage Spaces
- 7
- Parking Spaces
- 10
- View
- Bay, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Water
- Private Pool
- Yes
- HOA Dues
- $10,000
- HOA Frequency
- Annually
- HOA Name
- Emerald Bay Community Association
- Parcel Number
- 05304044
- On Market Date
- 2026-06-15
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Wet Bar, Breakfast Bar, Built In Features, Crown Molding, Coffered Ceilings, Separate Formal Dining Room, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Smart Home, Wired For Data, Bar, Wired For Sound, Entrance Foyer, Instant Hot Water
- Appliances
- Six Burner Stove, Built In Range, Barbecue, Convection Oven, Double Oven, Exhaust Fan, Freezer, Disposal, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Refrigerator, Range Hood, Solar Hot Water, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator, Water Purifier, Dryer, Washer
- Flooring
- Stone, Wood
- Heating
- Central, Forced Air
- Cooling
- Central Air
- Fireplace
- Dining Room, Gas, Guest Accommodations, Living Room, Primary Bedroom, Outside
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 6
- Main Level Bathrooms
- 7
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Custom Coverings, Screens, Skylights
- Accessibility
- Accessible Elevator Installed
- Rooms
- Primary Bathroom, Primary Bedroom, Bathroom, Kitchen, Dining Room, Bonus Room, Foyer, Laundry, Media Room, Sauna
Exterior Features
- Architectural Style
- Craftsman, Custom
- Exterior Features
- Barbecue, Rain Gutters, Fire Pit
- Roof
- Fire Proof
- Construction
- Flagstone, Lap Siding, Stone, Stucco
- Lot Features
- Back Yard, Drip Irrigation Bubblers, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers Timer, Sprinkler System, Street Level, Yard
- Patio and Porch
- Deck, Stone
- Parking
- Direct Access, Door Single, Underground, Electric Vehicle Charging Stations, Garage, Off Street, Oversized, Permit Required, Private, Storage
- Fencing
- Block, Stucco Wall
- Pool Features
- Gunite, Heated, In Ground, Pool Cover, Private, Salt Water, Association
- Spa
- Gunite, Heated, In Ground, Private
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Underground Utilities
- Condition
- Turnkey
- Units
- 2
Community Features
- Subdivision
- Emerald Bay (EB)
- Community Features
- Curbs, Hiking, Street Lights, Water Sports
- Association Amenities
- Controlled Access, Sport Court, Fire Pit, Meeting Room, Picnic Area, Playground, Pickleball, Pool, Pet Restrictions, Guard, Spa Hot Tub, Security, Tennis Courts
- Security
- Prewired, Security System, Closed Circuit Cameras, Carbon Monoxide Detectors, Fire Detection System, Fire Sprinkler System, Gated With Guard, Twenty Four Hour Security, Smoke Detectors
Schools
- School District
- Laguna Beach Unified
- Elementary School
- El Morro
- Middle School
- Thurston
- High School
- Laguna Beach
Photos of 157 159 EMERALD BAY, Laguna Beach
Location
Property Details for 157 159 EMERALD BAY
This 8-bedroom, 10-bath single-family home sits in the Emerald Bay neighborhood of Laguna Beach in Orange County. It offers 8,856 square feet of living space and is listed at $34,500,000, about $3,896 per square foot. The home was built in 1998. The MLS record lists the assessor parcel number as 053-040-44. Highlights include ocean and coastline views, a private pool and spa, a fireplace, a guard-gated community, an attached seven-car garage, and a 0.36-acre lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Property History
157 159 EMERALD BAY was listed for sale on June 15, 2026 (90 days ago) at $34,500,000.
About Emerald Bay
Emerald Bay is a guard-gated coastal community in North Laguna Beach, bordered by Crystal Cove State Park and the Pacific Ocean, with a private residents' beach and homes in Mediterranean, midcentury, and contemporary styles. Founded in 1929, it is bisected by Pacific Coast Highway and lies within the Laguna Beach Unified School District.
Estimated monthly payment
6.71% · 30-yr fixed$
$256,024/mo
10% down · 30-year fixed · $3,450,000 down
Principal & interest$200,565
Mortgage insurance (est., over 80% LTV)$12,938
Property tax (est. 1.1%)$31,625
Home insurance (rough est., varies widely)$10,063
HOA from listing$833
$220,801/mo
20% down · 30-year fixed · $6,900,000 down
Principal & interest$178,280
Property tax (est. 1.1%)$31,625
Home insurance (rough est., varies widely)$10,063
HOA from listing$833
$198,516/mo
30% down · 30-year fixed · $10,350,000 down
Principal & interest$155,995
Property tax (est. 1.1%)$31,625
Home insurance (rough est., varies widely)$10,063
HOA from listing$833
Estimated carrying cost
$42,521/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.1%)$31,625
Home insurance (rough est., varies widely)$10,063
HOA from listing$833
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.71% (week of Sep 3, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Laguna Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Buying 157 159 EMERALD BAY
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Selling near 157 159 EMERALD BAY
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Listed by Harold Noriega of Compass
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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