An extraordinary prospect of owning a front-row offering in the highly regarded community of Emerald Bay. Meticulously maintained for decades by the current owners, the property now presents a prime remodel or rebuild opportunity for those seeking to reside in Laguna Beach. The immediate proximity to the Pacific Ocean ensures that all living spaces are filled with the sound of waves and coastal breezes, creating a serene atmosphere throughout. The main level features elegant water-facing gathering spaces, including a formal sitting room with a fireplace and sliding doors to the oversized wraparound patio. The central dining area connects to the property's kitchen with access to the home's backyard. Elevated and secluded, it abounds in lush greenery. On the upper level, the principal suite features sit-down ocean views, a dressing area, and an ensuite bath. Offering privacy as well as a sense of community, Emerald Bay is sought out for its unparalleled amenities. The highlights of this guard-gated enclave include a residents-only beach, green sections, sports courts, a lap pool, and a neighborhood atmosphere - all in an accessible North Laguna Beach location.