Live in Emerald Bay—Laguna Beach’s most exclusive gated beachside community. This rare opportunity offers the perfect canvas to build your family's custom dream home in a location that embodies privacy, prestige, and panoramic ocean views.
Situated on one of the most tranquil and child-friendly one-way streets in the community, the property boasts a desirable orientation that captures coastal breezes and sunlight throughout the day. The existing 3-bedroom, 3-bathroom home provides comfortable living with multiple private outdoor spaces—all showcasing views of the Pacific. However, the true value lies in the long-term potential to rebuild and create a legacy home tailored to your vision.
Emerald Bay is more than just a neighborhood—it’s a lifestyle. As a resident, you’ll enjoy access to a private white sand beach, an oceanfront pool complex, six tennis courts, sand volleyball, basketball courts, a clubhouse, lush parks, and year-round community events and children's programs. The Mediterranean-style charm and unmatched security of this gated enclave offer a sense of tranquility rarely found on the California coast.
Just a short stroll from Palm Tree Circle and moments away from Laguna Beach’s world-class dining, art galleries, and surf, this is a generational opportunity to create lasting memories and long-term value in one of Southern California’s most sought-after coastal communities.
Emerald Bay is where luxury meets lifestyle—and your dream home awaits.
Sold for $4,800,000
Listed by: The Agency • Brian Liberto • Contact: 949-353-6000
Bought with: ERA Ranch and Sea Realty
$4,800,000
312 Emerald Bay, Laguna Beach, CA 92651
3beds
2,107sqft
Single Family Residence
Built in 1949
4,606 Square Feet Lot
$4,854,000 Zestimate®
$2,278/sqft
$7,675 Estimated rent
Home value
$4,854,000
$4.47M - $5.24M
$7,675/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brian Liberto DRE #01473233 714-931-3287,
The Agency
Bought with:
Daniel Haney, DRE #02103041
ERA Ranch and Sea Realty
Source: CRMLS,MLS#: NP25242531
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Entry/Foyer, Family Room, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Up
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Dual Sinks, Separate Shower, Tub Shower
Family room
- Features: Separate Family Room
Kitchen
- Features: Kitchen/Family Room Combo, Pots & Pan Drawers
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Microwave
- Laundry: Inside
Features
- Balcony, Separate/Formal Dining Room, Eat-in Kitchen, Living Room Deck Attached, Open Floorplan, Tile Counters, Unfurnished, All Bedrooms Up, Bedroom on Main Level, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,107 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: Community, Association
- Has view: Yes
- View description: Coastline, Ocean, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
- Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway
Lot
- Size: 4,606 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 05307109
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: None
- Roof: Other
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Park, Water Sports, Gated, Pool
- Security: Gated with Guard, Gated Community, Gated with Attendant
- Subdivision: Emerald Bay (Eb)
HOA
- Has HOA: Yes
- Amenities included: Dog Park, Maintenance Grounds, Outdoor Cooking Area, Playground, Pickleball, Pool, Recreation Room, Guard, Security, Tennis Court(s), Trail(s)
- HOA fee: $9,563 annually
- HOA name: Emerald Bay Association
- HOA phone: 949-494-8571
Location
- Region: Laguna Beach
Financial & listing details
- Price per square foot: $2,278/sqft
- Tax assessed value: $4,369,680
- Annual tax amount: $44,410
- Date on market: 10/18/2025
- Cumulative days on market: 200 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $4,800,000-5.8%$2,278/sqft |
Source:  CRMLS #NP25242531 Report a problem | ||
| 11/13/2025 | Contingent | $5,095,000$2,418/sqft |
Source: CRMLS #NP25242531 Report a problem | ||
| 10/18/2025 | Listed for sale | $5,095,000-6.5%$2,418/sqft |
Source: CRMLS #NP25242531 Report a problem | ||
| 7/26/2025 | Listing removed | $5,450,000-9.1%$2,587/sqft |
Source:  SDMLS #NP25083244 Report a problem | ||
| 6/23/2025 | Listed for sale | $5,995,000+42.7%$2,845/sqft |
Source: SDMLS #NP25083244 Report a problem | ||
| 12/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/21/2022 | Price change | $9,000-24.4%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/24/2022 | Price change | $11,900-15%$6/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/6/2022 | Listed for rent | $14,000$7/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/19/2022 | Sold | $4,200,000-2.3%$1,993/sqft |
Source: Public Record Report a problem | ||
| 8/9/2022 | Pending sale | $4,300,000$2,041/sqft |
Source: CRMLS #LG22138923 Report a problem | ||
| 7/21/2022 | Contingent | $4,300,000$2,041/sqft |
Source: CRMLS #LG22138923 Report a problem | ||
| 7/18/2022 | Price change | $4,300,000-13.8%$2,041/sqft |
Source: CRMLS #LG22138923 Report a problem | ||
| 7/5/2022 | Listed for sale | $4,990,000$2,368/sqft |
Source: CRMLS #LG22138923 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,410 +2% | $4,369,680 +2% |
| 2024 | $43,536 +2.3% | $4,284,000 +2% |
| 2023 | $42,540 +2111.4% | $4,200,000 +2137.5% |
| 2022 | $1,924 +2% | $187,708 +2% |
| 2021 | $1,887 +5% | $184,028 +1% |
| 2020 | $1,796 | $182,142 +2% |
| 2019 | $1,796 +1.8% | $178,571 +2% |
| 2018 | $1,765 +4.2% | $175,070 +2% |
| 2017 | $1,694 | $171,638 +2% |
| 2016 | $1,694 +2% | $168,273 +1.5% |
| 2015 | $1,661 +3.7% | $165,746 +2% |
| 2014 | $1,602 | $162,500 +0.5% |
| 2013 | -- | $161,766 +2% |
| 2012 | -- | $158,595 +2% |
| 2011 | -- | $155,486 +0.8% |
| 2010 | -- | $154,324 -0.2% |
| 2009 | -- | $154,692 +2% |
| 2008 | -- | $151,659 +2% |
| 2007 | -- | $148,686 +2% |
| 2006 | -- | $145,771 +2% |
| 2005 | -- | $142,913 +2% |
| 2004 | -- | $140,111 +1.9% |
| 2003 | -- | $137,544 +2% |
| 2002 | -- | $134,848 +2% |
| 2001 | $1,395 +5.5% | $132,204 +2% |
| 2000 | $1,323 | $129,612 |
Find assessor info on the county website
Neighborhood: 92651
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10El Morro Elementary SchoolGrades: K-5Distance: 1.4 mi
- 8/10Thurston Middle SchoolGrades: 6-8Distance: 2.3 mi
- 10/10Laguna Beach High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$4,854,000
Get a cash offer in 3 minutes
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Estimated market value
$4,854,000
- California
- Orange County
- Laguna Beach
- 92651
- 312 Emerald Bay
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