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199 Emerald Bay, Laguna Beach, CA 92651

List Price: $44,995,000On Market FlagOn market
Jan 30, 20257,078 sqft5 beds7 baths
Listed by: John Stanaland
License #: 01223768
Phone #: 949-689-9047
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Source:
CRMLS Logo
MLS #: LG25010352

Property Description

Perched atop a cliff in the prestigious enclave of Emerald Bay, this extraordinary estate, among merely three with direct private access to the waters below at Irvine Cove, offers boundless vistas of the ocean, Catalina Island, Palos Verdes and roaring whitewater just beneath you. Designed with intention to capitalize on both, the ever-changing views & privacy from neighbors, this residence occupies one of the most expansive lots within Emerald Bay as well as the Coast with nearly 100’ of frontage. Multiple terraces, mature landscaping, and a cove-facing hot tub were meticulously envisioned to maximize the natural slopes and endless views of crashing waves. A spectacular towering cypress greets you as you enter the estate while sea lions, dolphins, ospreys, yachts, and more entertain. A soft contemporary design intersects with functionality, resulting in inviting interiors that lend themselves to everyday living and entertaining. The different wings add privacy for family and guests. Soaring ceilings create voluminous spaces throughout the residence. Walls of glass opening to the terraces bring the Pacific Ocean and beyond indoors and it feels as if you’re sitting on top of the water. The muted palette of natural materials such as wood and limestone, curated to not compete with the coastal beauty, creates a soothing environment. Grand in scale, the main areas of the property as well as all bedrooms face outwards towards the multiple water-facing terraces. The owners’ suite spans nearly an entire level of the home, creating a private retreat with a spectacular view balcony. The rarity of this vastness while designed to optimize privacy from neighbors of this oceanfront estate cannot be overstated.
Assignment
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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

$10,671

TurboHome Estimated Value

$22,853,200

$3,229 sqft

High Valuation
$23,995,860
$3390/sqft
Normal Valuation
$22,853,200
$3229/sqft
Low Valuation
$21,710,540
$3067/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3229/sqft$22,853,200

Neighborhood: Emerald Bay (EB)

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Comparative Value

$15.00M

$44.99M

1115 Emerald Bay, Laguna Beach, CA 92651

Sale Price: $15,000,000

Selected Comparable

199 Emerald Bay, Laguna Beach, CA 92651

List Price: $44,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
199 Emerald Bay, Laguna Beach, CA 92651

199 Emerald Bay, Laguna Beach, CA 92651

List: $44,995,000

Listed: 1/30/2025

Area:7,078 sqft
Price/sqft:$6,357
Beds:5
Baths:7
Year Built:
Lot Size:13,812

Comparable Properties

COMPARABLE
Choose comps
1115 Emerald Bay, Laguna Beach, CA 92651

1115 Emerald Bay, Laguna Beach, CA 92651

Sale: $15,000,000

8/13/20250.43 mi

Area:6,755 sqft
Price/sqft:$2,221
Beds:5
Baths:7
Year Built:
Weight:100.0%

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