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138 Emerald Bay, Laguna Beach, CA 92651

List Price: $9,750,000On Market FlagOn market
Mar 24, 20253,431 sqft4 beds5 baths
Listed by: Andy Stavros
License #: 01408840
Phone #: 949-290-0139
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Source:
CRMLS Logo
MLS #: LG25059358

Property Description

WOW! A rare Emerald Bay opportunity—Ocean Side of Pacific Coast Highway! This modern Santa Barbara-style home sits on a prime corner flat lot near the highly desirable north beach access and residents’ gate, offering unbeatable convenience. Spanning approximately 3,431 square feet, it comes fully turnkey with exquisite Restoration Hardware furniture and furnishings, and a newer golf cart for effortless coastal living. The open floor plan was designed to include primary suites on both levels allowing for single level living if preferred. Emerald Bay is one of Southern California’s most exclusive guard gated communities, featuring a private beach, heated pools, tennis and pickle ball courts, parks, and even its own fire station—a rare blend of luxury, privacy, and world-class amenities. An opportunity like this in Emerald Bay doesn’t come often—don’t miss your chance to call this stunning property 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

$165,228

TurboHome Estimated Value

$10,382,600

$3,026 sqft

High Valuation
$10,901,730
$3177/sqft
Normal Valuation
$10,382,600
$3026/sqft
Low Valuation
$9,863,470
$2875/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3026/sqft$10,382,600

Neighborhood: Emerald Bay (EB)

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Comparative Value

$7.85M

$8.25M

$8.70M

$9.16M

$9.75M

$11.00M

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

510 Emerald Bay, Laguna Beach, CA 92651

Sale Price: $9,162,500

Selected Comparable

138 Emerald Bay, Laguna Beach, CA 92651

List Price: $9,750,000

Subject Property

451 Hawthorne Rd, Laguna Beach, CA 92651

Sale Price: $11,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
138 Emerald Bay, Laguna Beach, CA 92651

138 Emerald Bay, Laguna Beach, CA 92651

List: $9,750,000

Listed: 3/24/2025

Area:3,431 sqft
Price/sqft:$2,842
Beds:4
Baths:5
Year Built:
Lot Size:8,008

Comparable Properties

COMPARABLE
Choose comps
328 Emerald Bay, Laguna Beach, CA 92651

328 Emerald Bay, Laguna Beach, CA 92651

Sale: $8,250,000

5/16/20250.44 mi

Area:3,833 sqft
Price/sqft:$2,152
Beds:4
Baths:5
Year Built:
Weight:23.0%
451 Hawthorne Rd, Laguna Beach, CA 92651

451 Hawthorne Rd, Laguna Beach, CA 92651

Sale: $11,000,000

12/17/20241.30 mi

Area:3,436 sqft
Price/sqft:$3,201
Beds:4
Baths:5
Year Built:
Weight:22.2%
140 Crescent Bay Dr, Laguna Beach, CA 92651

140 Crescent Bay Dr, Laguna Beach, CA 92651

Sale: $7,850,000

7/11/20250.69 mi

Area:3,722 sqft
Price/sqft:$2,109
Beds:5
Baths:5
Year Built:
Weight:20.0%
515 Dunnegan Dr, Laguna Beach, CA 92651

515 Dunnegan Dr, Laguna Beach, CA 92651

Sale: $8,700,000

9/20/20240.92 mi

Area:3,589 sqft
Price/sqft:$2,424
Beds:4
Baths:4
Year Built:
Weight:18.7%
510 Emerald Bay, Laguna Beach, CA 92651

510 Emerald Bay, Laguna Beach, CA 92651

Sale: $9,162,500

3/17/20250.53 mi

Area:4,850 sqft
Price/sqft:$1,889
Beds:4
Baths:6
Year Built:
Weight:16.1%

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