121 Emerald Bay, Laguna Beach, CA 92651 - View 1
121 Emerald Bay, Laguna Beach, CA 92651 - View 2
121 Emerald Bay, Laguna Beach, CA 92651 - View 3
121 Emerald Bay, Laguna Beach, CA 92651 - View 4
121 Emerald Bay, Laguna Beach, CA 92651 - View 5
121 Emerald Bay, Laguna Beach, CA 92651 - View 6
121 Emerald Bay, Laguna Beach, CA 92651 - View 7
121 Emerald Bay, Laguna Beach, CA 92651 - View 8
121 Emerald Bay, Laguna Beach, CA 92651 - View 9
121 Emerald Bay, Laguna Beach, CA 92651 - View 10
121 Emerald Bay, Laguna Beach, CA 92651 - View 11
121 Emerald Bay, Laguna Beach, CA 92651 - View 12
121 Emerald Bay, Laguna Beach, CA 92651 - View 13
121 Emerald Bay, Laguna Beach, CA 92651 - View 14
121 Emerald Bay, Laguna Beach, CA 92651 - View 15
121 Emerald Bay, Laguna Beach, CA 92651 - View 16
121 Emerald Bay, Laguna Beach, CA 92651 - View 17
121 Emerald Bay, Laguna Beach, CA 92651 - View 18
121 Emerald Bay, Laguna Beach, CA 92651 - View 19
121 Emerald Bay, Laguna Beach, CA 92651 - View 20
121 Emerald Bay, Laguna Beach, CA 92651 - View 21
121 Emerald Bay, Laguna Beach, CA 92651 - View 22
121 Emerald Bay, Laguna Beach, CA 92651 - View 23
121 Emerald Bay, Laguna Beach, CA 92651 - View 24
121 Emerald Bay, Laguna Beach, CA 92651 - View 25
121 Emerald Bay, Laguna Beach, CA 92651 - View 26
121 Emerald Bay, Laguna Beach, CA 92651 - View 27
121 Emerald Bay, Laguna Beach, CA 92651 - View 28
121 Emerald Bay, Laguna Beach, CA 92651 - View 29
121 Emerald Bay, Laguna Beach, CA 92651 - View 30
121 Emerald Bay, Laguna Beach, CA 92651 - View 31
121 Emerald Bay, Laguna Beach, CA 92651 - View 32
121 Emerald Bay, Laguna Beach, CA 92651 - View 33
121 Emerald Bay, Laguna Beach, CA 92651 - View 34
121 Emerald Bay, Laguna Beach, CA 92651 - View 35
121 Emerald Bay, Laguna Beach, CA 92651 - View 36
121 Emerald Bay, Laguna Beach, CA 92651 - View 37
121 Emerald Bay, Laguna Beach, CA 92651 - View 38
121 Emerald Bay, Laguna Beach, CA 92651 - View 39
121 Emerald Bay, Laguna Beach, CA 92651 - View 40
121 Emerald Bay, Laguna Beach, CA 92651 - View 41
121 Emerald Bay, Laguna Beach, CA 92651 - View 42
121 Emerald Bay, Laguna Beach, CA 92651 - View 43
121 Emerald Bay, Laguna Beach, CA 92651 - View 44
121 Emerald Bay, Laguna Beach, CA 92651 - View 45
121 Emerald Bay, Laguna Beach, CA 92651 - View 46

121 Emerald Bay, Laguna Beach, CA 92651

List Price: $28,000On Market FlagOn market
May 24, 20254,307 sqft5 beds4 baths
Listed by: Michelle Cormier
License #: 02028389
Phone #: 949-438-4340
Compass
Source:
CRMLS Logo
MLS #: NP25116011

Property Description

121 Emerald Bay is a rare opportunity to lease a home in the exclusive, guard-gated community of Emerald Bay—now available for the first time as a 12-month lease. Ideally situated on the south side of PCH within the sought-after north end beach enclave, this elegant Colonial-style residence boasts ocean views, refined architectural details, and a spacious, light-filled floor plan. The home features 5 bedrooms and 4.5 bathrooms, with an ideal layout offering four bedrooms on the main level, including a gracious primary suite with a fireplace and private ambiance. An additional bedroom upstairs offers flexibility for guests, or a home office. The living room offers an inviting space with beautiful ocean views, while the adjacent patio provides a peaceful setting to enjoy the scenery. A formal dining room connects seamlessly to the chef’s kitchen, which features high-end appliances and generous counter space, ideal for both everyday living and entertaining. Experience the best of coastal living with exclusive access to Emerald Bay’s private beach, community amenities, and 24/7 gated security—all from the comfort of this timeless seaside home.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$334,269

TurboHome Estimated Value

$11,156,300

$2,590 sqft

High Valuation
$11,714,115
$2720/sqft
Normal Valuation
$11,156,300
$2590/sqft
Low Valuation
$10,598,485
$2461/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2590/sqft$11,156,300

Neighborhood: Emerald Bay (EB)

Loading map...

Comparative Value

$28K

$7.10M

$7.85M

$11.00M

121 Emerald Bay, Laguna Beach, CA 92651

List Price: $28,000

Subject Property

1580 Sunset Ridge Dr, Laguna Beach, CA 92651

Sale Price: $7,100,000

Selected Comparable

140 Crescent Bay Dr, Laguna Beach, CA 92651

Sale Price: $7,850,000

Selected Comparable

328 Emerald Bay, Laguna Beach, CA 92651

Sale Price: $8,250,000

Selected Comparable

515 Dunnegan Dr, Laguna Beach, CA 92651

Sale Price: $8,700,000

Selected Comparable

451 Hawthorne Rd, Laguna Beach, CA 92651

Sale Price: $11,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
121 Emerald Bay, Laguna Beach, CA 92651

121 Emerald Bay, Laguna Beach, CA 92651

List: $28,000

Listed: 5/24/2025

Area:4,307 sqft
Price/sqft:$7
Beds:5
Baths:4
Year Built:
Lot Size:6,100

Comparable Properties

COMPARABLE
Choose comps
1580 Sunset Ridge Dr, Laguna Beach, CA 92651

1580 Sunset Ridge Dr, Laguna Beach, CA 92651

Sale: $7,100,000

8/5/20250.66 mi

Area:3,954 sqft
Price/sqft:$1,796
Beds:5
Baths:5
Year Built:
Weight:25.3%
140 Crescent Bay Dr, Laguna Beach, CA 92651

140 Crescent Bay Dr, Laguna Beach, CA 92651

Sale: $7,850,000

7/11/20250.66 mi

Area:3,722 sqft
Price/sqft:$2,109
Beds:5
Baths:5
Year Built:
Weight:23.9%
328 Emerald Bay, Laguna Beach, CA 92651

328 Emerald Bay, Laguna Beach, CA 92651

Sale: $8,250,000

5/16/20250.37 mi

Area:3,833 sqft
Price/sqft:$2,152
Beds:4
Baths:5
Year Built:
Weight:19.2%
515 Dunnegan Dr, Laguna Beach, CA 92651

515 Dunnegan Dr, Laguna Beach, CA 92651

Sale: $8,700,000

9/20/20240.87 mi

Area:3,589 sqft
Price/sqft:$2,424
Beds:4
Baths:4
Year Built:
Weight:17.8%
451 Hawthorne Rd, Laguna Beach, CA 92651

451 Hawthorne Rd, Laguna Beach, CA 92651

Sale: $11,000,000

12/17/20241.24 mi

Area:3,436 sqft
Price/sqft:$3,201
Beds:4
Baths:5
Year Built:
Weight:13.9%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times