As one of the most expensive real estate markets in the country, Laguna Beach is known for it's multi million dollars homes. In fact, you will find 19 homes listed for sale between $10 to $20 million dollars, 1 home listed between $20 to $30 million dollars and two homes listed for more than $30 million dollars. What makes these homes so expensive? Location plays a big part of the asking price. Homes located on the ocean front will always command a premium in price and some of the more expensive gated community will have a premium price for living inside it's community. A good example of this is a new Laguna Beach home that just came on the market that is situated on two beach front lots in Emerald Bay, a rare opportunity in the exclusive community. Emerald Bay is known for having expensive ocean front and ocean view homes but it's not well known for it's direct beach front homes. These type of homes rarely come on the market so when they do come on the market expect to pay a premium in price. The Montage Resort also has luxury homes for sale in this price range and offer great ocean views with all the comforts of being at a luxury hotel. No matter what your budget, Laguna Beach is a wonderful beach community to call home!