Tagged : emerald bay laguna beach

The luxury real estate market in Laguna Beach, California saw some monumental sales with 2 of the top 3 sales selling for more than the highest sale last year in 2021.  One of the reasons for these sales as the big shift that we have been seeing in the past couple of years with low inventory and owners of properties looking to shift their money into different properties.  This changes are typically homes located near the water in prime locations throughout Laguna Beach including the luxury Emerald Bay gated community as well as the Montage Ocean Estates and the Three Arch Bay ocean front community.  The highest sale last year was just over $24 million with the following two properties topping that number.

66 Emerald Bay gets the nod for the highest

One of the amenities that we are starting to see in many of the new construction luxury estate properties coming on the market for sale is having a private theater.  It seems like many of the upscale builders like to include a wine cellar, fitness room and a theater as some of the most requested bonus amenities in higher end homes.  From what I have seen these Theater rooms tend to be pretty grand with a large viewing screen, soft leather chairs and room for at least 10 people or more.  We did a quick search of properties that are currently for sale and found 8 homes that have a private Theater ranging from $4.5 to over $31 million dollars.  Several of these properties are located in the community of Three Arch Bay in Laguna Beach.  Three Arch Bay is a 24

The typography of Laguna Beach is really interesting as it arguably offers more ocean view properties due to it's rolling hillsides that overlook the Pacific Ocean.  When it comes to properties located on the ocean front there are many properties that are located high on a cliff that overlook the ocean but very few homes that are actually located on the sandy beach.  Neighboring towns like Dana Point and Newport Beach do have many properties located on the sand but finding one in Laguna Beach can be really tough.  There are a couple exceptions to this and the homes that are located on the sand are truly spectacular.

The first place to look is the Thousands Steps Beach area in the South Laguna area of Laguna Beach.  The area gets its name since there

Emerald Bay has always been synonymous with luxury real estate here in Laguna Beach is some truly amazing ocean front and view properties.  For the longest time many of the homes were only offered as long term leases but with the high demand for those looking for vacation rental home especially during the high season summer months you are starting to see more short term rentals in Emerald Bay.  One of the biggest reasons started last year with COVID caused many in California and throughout the United States to limited travel internationally.  This caused a huge demand for vacation rental homes located near the beach with Laguna Beach as an already popular tourist destination.  2020 was one of the best years for owners who were able to rent out their home

Laguna Beach has a wide range of properties that offer a variety of selling points which often include being located near the beach, offering an ocean view or offering a certain number of bedrooms and square feet.  The one thing you can't change about a home is it's location and this is especially true for where the lot sits within the community. Homes located on a corner lot are very much desirable since they often offer a premium lot with the lack of an adjoining home on one side of the property.  This often translates to a larger lot size and a huge selling point for buyers looking for a home.

Some of the neighborhoods currently offered for sale include the gated communities of Three Arch Bay, Lagunita and Emerald Bay which command a huge premium in

Emerald Bay is widely considered one of the top communities in Laguna Beach due to it's private beach and secure guard gated entrance.  For many, this is a popular vacation rental destination as select properties are available for a short term lease of 30 days.  What many don't realize is that there is an extra cost to rent a home here that deals directly with the community.

Before you rent a home in Emerald Bay you must fill out and submit and an Emerald Bay Tenant Application.  This basically goes over the address that you will be renting, the start and end date, names of who will be living there, contact info and number of vehicles associated with the rental.  What many people don't realize is that there is a cost paid to the Emerald Bay community

The Emerald Bay community has two different sections which locals commonly refer to as Lower & Upper Emerald Bay.  The boundaries for these two sides are cleverly divided by the Coast Highway where the entrance to community is found.  Once you pass through the gates and hang to the right you will find the community clubhouse, tennis courts and large park area which are all found in the Upper section of Emerald Bay.  The road eventually leads down to the beach and the Lower Emerald Bay side.  For the most part homes are pretty much the same on both sides except for the ocean front properties.  Lower Emerald Bay features some of the most awe inspiring oceanfront views that can be found anywhere in Laguna Beach.  There are only a handful of these special

This has been a record year for real estate sales in Laguna Beach.  We have seen some incredible homes sell at amazing prices and some of the most premium properties coming on the market for sale.  By far the most exciting part of the year was seeing the iconic Twin Points home come on the market for sale.  Twin Points is a rare property that sits on a huge ocean front parcel of land that splits into two points, hence the name "Twin Points."  The land can be seen from many coastline spots and we never thought we would see this iconic property come on the market this year.

Twin Points is located at 1101 Marine Drive in Laguna Beach.  The home sold for $45,000,000 and closed escrow on 02/02/2016.  It was originally listed at $75,000,000 and was on the

A lot of properties on the market have the potential to be good potential flip properties if they are bought at the right price.  It's the old saying that you make money when you buy real estate and not when you sell.  Buying at a low price will often result in instant equity and leverage the property for sale in the future for a profit. Laguna Beach is one of the most expensive real estate markets in Southern California so it takes a lot of money to "get in the game" versus other neighboring cities.  This also adds a lot of risk and carrying costs while the home is being maintained.  Flip properties have been sensationalized on television as properties that need extra TLC and with enough sweat equity and quality craftsmanship to fix up the property the

Emerald Bay is considered one of the top destinations of local and International buyers looking to invest in the Laguna Beach Real Estate market.  Nestled in a private gated community is the luxury community called Emerald Bay.  Entry level pricing may be shocking to most as homes typically start at the $2.5 million dollar price point with homes going as high as $20 million dollars. 

There have been several new listings in the Emerald Bay community, two of them being priced under $3 million dollars.  79 Emerald Bay is a really unique home that's located on an unusually large lot with a pool that offers privacy from other homes looking in.  The home is located on the ocean side of the Emerald Bay community and just steps to the sandy beach.  The home is