Emerald Bay is well known for being one of the best places to find ocean view properties in all of Laguna Beach, California. The market for homes located on the oceanfront in Emerald Bay is also picking up with the recent pending sale at 168 Emerald Bay priced at $20,995,000. There is a lot of history to the oceanfront market here that explains some of these price jumps. First, 168 Emerald Bay has had a rich history of home sales over the year.
Back in 2007, this magnificent oceanfront estate home that features 5,750 square feet of living space sold for a record $19,000,000. This was truly a record price at the time and right before the market went down. The owners of that property then sold the property in 2012 for $16,000,000 a record price at
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