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156 Emerald Bay, Laguna Beach

Sold

156 Emerald Bay sold on February 15, 2018 for $23,000,000, 11.2% below the $25,900,000 asking price after 782 days on the market, including an earlier listing; it was first listed at $28,000,000. The buyer financed the purchase with a conventional loan. The details are below for reference.

$23,000,000

156 Emerald Bay Laguna Beach, CA 92651

Single Family Residence|Sold

SubdivisionEmerald Bay

5Beds
5Total Baths
5Full Baths
3,920SqFt
$5,867$/SqFt
1932Built

About 156 Emerald Bay

This oceanfront estate parcel is on the sand in the esteemed private community of Emerald Bay. Held in the same family since 1932, ‘EL PARADOR’ presents a rare opportunity to buy the “best of the best” as the original owner had her choice of most any position on this scenic cove. The current offering was assembled in a recent merger of the original lot #156 with a substantial portion of the former lot #120, creating the newly expanded parcel #156; now the single largest on the oceanfront in all of Emerald Bay. It features a private beach area with almost 70’ of frontage at the quiet western end of the cove, as well as a sand-front cabana and large entertaining terrace. The existing, 1930’s California colonial style home serves as a comfortable beach getaway. Alternatively, one could build new and create a home of 13,000 square feet or larger, with an oceanfront swimming pool, and direct walk-out-on-the-sand access from a beachfront cabana and terrace. The gently sloping topography will allow for an exceptionally livable new plan with all floors taking in ocean views. Street to street access allows for an oversized multi-car subterranean garage. The cove, coastline, ocean and nightlight views are beyond compare, as is this irreplaceable opportunity.

General Features

Property Type
Single Family Residence
MLS Number
NP17040139
Year Built
1932
Living Area (sq ft)
3,920
Lot Size (sq ft)
22,545
Levels
Two
Bedrooms
5
Full Baths
5
Garage Spaces
2
Parking Spaces
2
View
City Lights, Coastline, Hills, Ocean, Panoramic, Rocks, Water
HOA Dues
$590
HOA Frequency
Monthly
HOA Name
Emerald Bay
Parcel Number
05305003
On Market Date
2017-02-02
Listing Terms
Standard

Interior Features

Interior Features
Bedroom On Main Level, Main Level Primary
Cooling
None
Fireplace
Living Room
Main Level Bedrooms
5
Main Level Bathrooms
5
Common Walls
No Common Walls

Exterior Features

Lot Features
Bluff
Pool Features
Association, Community
Spa
Association
Sewer
Sewer Tap Paid
Water
Public
Utilities
Sewer Available, Sewer Connected
Units
1

Community Features

Subdivision
Emerald Bay (EB)
Community Features
Street Lights, Pool
Association Amenities
Other

Schools

School District
Laguna Beach Unified

Property Details for 156 Emerald Bay

This 5-bedroom, 5-bath single-family home sits in the Emerald Bay neighborhood of Laguna Beach in Orange County. It offers 3,920 square feet of living space. The home was built in 1932. The MLS record lists the assessor parcel number as 053-050-03. Highlights include ocean and coastline views, ocean frontage, a community pool and spa, a fireplace, and a two-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Property History

156 Emerald Bay was relisted on February 2, 2017 at $28,000,000.

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.

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Listed by Robert Giem of Compass

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