Check Availability
$36,500,000
↓ $8.5M (18.9%)
● House - For Sale

199 Emerald Bay

Laguna Beach, CA 92651
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
7,078 Ft²
$180,193
Est. Monthly
$971
HOA / Fees

About This Property

Resting at the end of a quiet cul-de-sac in Emerald Bay-Orange County's premier private, guard-gated oceanfront enclave-this exceptionally rare oceanfront residence commands a singular oversized parcel with unobstructed surfline, cove, Catalina Island, and sunset views. The home is deliberately private, buffered from neighbors, and organized around dramatic, high-volume interiors that maximize the coastal panorama. A two-story entry sets the tone, leading to main living spaces on a single level: a great room, formal dining room, expansive family room or office, theater, and an oversized kitchen with oceanfront dining. All open seamlessly to a generous seaside terrace-one of the property's defining features.The terraced grounds descend toward the water's edge, featuring broad stone terraces, gardens, a seaside spa, and lawn; all anchored by nearly century-old Monterey cypress. The master suite occupies much of an entire floor, discreetly separated from secondary bedrooms, and enjoys amazing water vistas. An elevator serves all levels, with ample garage and off-street parking for residents and guests. A private gated path and staircase provide direct, exclusive access to the cove below-an uncommon privilege. Emerald Bay remains inimitable under current restrictions: a secure oceanfront community that enjoys nearly a half-mile of pristine private beach, parks, tennis courts, swimming facilities, volleyball, and other amenities in coveted North Laguna Beach. Its residents enjoy a lifestyle that is unmatched along the coast of Southern California. This is a rare opportunity to own a generously scaled oceanfront residence overlooking one of the world's most scenic coastlines.
Unit Size
7,078 Ft²
Days on Market
280 days
Land Size
0.32 acres
Price per sqft
$5,157
Property Type
House
Property Taxes
-
HOA Dues
$971
Year Built
1994

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Last updated: 6 months ago (CRMLS #LG25281782)

Price History

Date / Event Date Event Price
May 19, 2026 Price Decreased $36,500,000
↓ $9M (18.9%)
Price Decreased
Jan 26, 2026 Listed by The Agency $44,995,000
Listed by The Agency
Jan 30, 2025 Listed $44,995,000
Listed
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.
Mar 9, 2019 Sold
Sold
Jun 4, 2018 Listed by Compass $17,950,000
Listed by Compass
This spectacular Emerald Bay oceanfront residence features panoramic views of the ocean, sunsets, and crashing whitewater below from its dramatic cliff top setting. Occupying one of the largest parcels in Emerald Bay with nearly 100’ of ocean frontage, the residence is positioned to capture dazzling views from every major room. The unique topography of the lot gently descends toward the water’s edge, with spacious terraces and gardens as well as a private spa overlooking the cove. Through a private gate, the waters of the cove below are easily accessed. The home is a warm blend of contemporary design with dramatic volume (near to 20’ in some locations) and walls of glass opening to the vistas. Honed limestone, bleached woods, and crisp white walls combine to make perfect rooms with expanses of glass framing the azure waters. Approximately 7,100 square feet of living area is designed for comfortable living, to maximize views, and proves an inviting plan for entertaining as well. The main public areas are all generously proportioned and open to spacious terraces set spectacularly above the water. The wonderfully private master suite encompasses almost an entire floor and opens to an intimate sunset terrace. The secondary bedroom suites are light, comfortable, private, and enjoy sea views. The view frontage, combined with the setting and extraordinary size of the residence, make for a compelling opportunity. This is simply not to be missed.

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage Faces Front, Garage, DoorMulti
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 5
Interior Features: Elevator, Pantry, Stone Counters, Recessed Lighting, Bar, Balcony
Appliances: Convection Oven, Double Oven, Dishwasher, Freezer, Gas Cooktop, Refrigerator
Flooring Type: Carpet, Stone, Wood
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Dining Room, Living Room, PrimaryBedroom
Exterior Details
Square Footage: 7078
Security Features: Security Gate, 24 Hour Security, GatedWithAttendant
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built: 1996
Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, OceanSideOfFreeway, OceanSideOfHighway
Levels: Three Or More
Patio and Porch Features: Patio, Open
Pool Features: Community, Fenced, In Ground, Association
Lot Features: Bluff, Back Yard, ZeroToOneUnitAcre, Yard
Lot Size Area: 13812
Lot Size Units: Square Feet
Lot Size Acres: 0.3171
Lot Size Square Feet: 13812
Tax Lot: 20
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Maintenance Grounds, Management, Picnic Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Security, Tennis Court(s), ControlledAccess, FirePit, Guard
HOA Fee: $11,655
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 775
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 13,812
  • Total Building Area: 7,078
  • Building Area: 7,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 7,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION I OF EMERALD BAY
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 1104 BLK LOT 20

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062619

Geography

  • Assessors Map Reference: 34-B1
  • Subdivision Tract Number: 1104
  • Parcel: 053-040-68
  • Lot: 20
  • Latitude: 33.5521
  • Longitude: -117.814

    Address

  • Full Address: 199 Emerald Dr
  • Address - House Number: 199
  • Address - Street Name: Emerald
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Laguna Beach
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,423,234
  • Tax Rate Code Area: 66-028

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 5,380,888
  • High Value: 6,574,902
  • Low Value: 4,186,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,208,843
  • Assessed Land Value: $14,652,599
  • Assessed Improvements Value: $2,556,244

    Sales

  • Current Sale Contract Date: Jan 25, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019000073272
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jun 10, 2013
  • Previous Sale Amount: $5,000,000
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Emerald Bay


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Frequently Asked Questions

When was property at 199 Emerald Drive built and last sold?
The property at 199 Emerald Drive was built in 1994 and last sold on Jan 25, 2019 for $16,050,000.
How much is this home worth?
The estimated value of the home located at 199 Emerald Drive is $36,865,000.
What are some comparable homes to 199 Emerald Drive?
There are currently no comparable homes to 199 Emerald Drive.