For those who live in Laguna Beach the mention of a $20 million dollar home is not out of the norm. In recent months homes have come on the market for well over $40 million and currently go as high as $65 million dollars for a luxury ocean front estate home. In the last week two new properties have come on the market in the Laguna Beach that also top this $20 million dollar price point for a total 8 properties over $20 Million dollars.
176 Emerald Bay is currently on the market for $20,000,000 and is located on the north cliff at the Emerald Bay community that extends out into the Pacific Ocean. The home features nearly 7,000 square feet of living space and commands one of the best views to be found in Laguna Beach. The nice part of these east facing homes is the great sunrises you get to see each morning while avoiding the direct sun in to the home during the hot afternoon periods. The home also featured a paneled library, gym, family room, formal dining room, and a formal living room that overlooks the Laguna Beach coastline. This by far is one of the nicest homes on the market in Emerald Bay and is well priced at $20 million.
31765 Sea Bluff Ln has also come on the market this week for $21,000,000. The home is located in the South Laguna area that is well known for it's spectacular ocean front homes. Unlike 176 Emerald Bay, the home is not located in a gated community but owns a prime location where you will only find 3 homes on this private and remote location on the ocean front. The home features a formal living and dining rooms, four bedrooms, four and a half baths, ocean view gym, soundproofed theater room with adjacent refreshment center, and a wine cellar accommodating 1,600+ bottles.
Ocean Front homes in Laguna Beach currently start just under $5 million dollars. In the last 3 months we have seen some great ocean front homes selling in the Laguna Beach area with the demand for these homes increasing. There are three main areas to find oceanfront homes in Laguna Beach that include the South Laguna, Laguna Village and North Laguna. Each of these areas have different nuances so make sure to connect with a local Laguna Beach agent.