157-159 Emerald Bay Bay, Laguna Beach, CA, 92651
About This Home
**Legacy by the Sea: A Rare Two-Residence Compound in Emerald Bay**A truly extraordinary opportunity within the prestigious guard-gated community of Emerald Bay in Laguna Beach. Situated on the highly coveted ocean side of Pacific Coast Highway, this exceptional legacy compound encompasses two separate residences on two legal parcels, creating one of the most unique offerings ever available within this world-renowned coastal enclave. Together, 157 and 159 Emerald Bay offer approximately 8,856 square feet of living space on a combined 15,706 square feet of grounds, thoughtfully designed for multi-generational living, grand-scale entertaining, and effortless coastal luxury. Sweeping ocean views, expansive indoor-outdoor living spaces, and an unmatched collection of amenities define this one-of-a-kind estate in absolute pristine condition. The main residence features elegant formal and casual living spaces, a chef's kitchen, elevator access, theater and bonus rooms, fitness area, conditioned wine room, extensive storage, and a five-car garage. The secondary residence offers contemporary coastal design, a dramatic great room with disappearing walls of glass, designer kitchen, private office, guest suite, a custom bunk room plus a two-car garage. Resort-inspired grounds include a saltwater pool and spa, infrared sauna, outdoor shower, two outdoor fireplaces plus a seated fire pit, outdoor television, expansive lawn, built-in barbecue, and multiple dining, lounging and entertaining areas. Residents enjoy Emerald Bay's private beach, tennis and pickleball courts, volleyball, swim center, parks, and 24-hour guard-gated and patrolled security. Rarely does a property of this scale, flexibility, and pedigree become available. An unparalleled opportunity to own one of Emerald Bay's most extraordinary family compounds.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Turnkey
- Year built: 1998
Materials
- Roof: Fire Proof
- Construction materials: Flagstone,Lap Siding,Stone,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman,Custom
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: 6 Burner Stove,Built-In Range,Barbecue,Convection Oven,Double Oven,Exhaust Fan,Freezer,Disposal,High Efficiency Water Heater,Hot Water Circulator,Ice Maker,Refrigerator,Range Hood,Solar Hot Water,Self Cleaning Oven,Tankless Water Heater,VentedExhaust Fan,Water To Refrigerator,Water Purifier,Dryer,Washer
- Laundry features: Inside,Laundry Room
Bathroom
- Features: Bathroom Exhaust Fan,Bathtub,Closet,Dual Sinks,Enclosed Toilet,Full Bath on Main Level,Linen Closet,Multiple Shower Heads,Stone Counters,Soaking Tub
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 10
- Full bathrooms: 6
- 1/2 bathrooms: 4
- Main level bathrooms: 7
- Main level bedrooms: 6
Features
- Beamed Ceilings,Wet Bar,Breakfast Bar,Built-in Features,Crown Molding,Coffered Ceiling(s),Separate/Formal Dining Room,Elevator,High Ceilings,Living Room Deck Attached,Open Floorplan,Pantry,Stone Counters,Recessed Lighting,Storage,Smart Home,Wired for Data,Bar,Wired for Sound,Entrance Foyer,Instant Hot Water
- Window features: Custom Covering(s),Screens,Skylight(s)
- Flooring: Stone,Wood
- Fireplace features: Dining Room,Gas,Guest Accommodations,Living Room,Primary Bedroom,Outside
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 8,856 sqft
Kitchen
- Features: Butler's Pantry,Kitchen/Family Room Combo,Pots & Pan Drawers,Stone Counters,Utility Sink,Walk-In Pantry
Master Bedroom
- Features: Multiple Primary Suites
Master Bedroom
- Features: Primary Suite
Master Bedroom
- Features: Main Level Primary
Property
Accessibility
- Accessibility features: Accessible Elevator Installed
Details
- Parcel number: 05304044
- Special condition: Standard
- Exclusions: All personal property and the following items: Chandelier in the primary bathroom,tonal in the gym,two shelves in the hallway,console in the hallway,Infrared sauna.
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Private pool: Yes
- Pool features: Gunite,Heated,In Ground,Pool Cover,Private,Salt Water,Association
- Patio & porch: Deck,Stone
- Exterior features: Barbecue,Rain Gutters,Fire Pit
- Has spa: Yes
- Spa features: Gunite,Heated,In Ground,Private
- Fencing: Block,Stucco Wall
- Has view: Yes
- View description: Bay,City Lights,Coastline,Hills,Neighborhood,Ocean,Panoramic,Water
- Has water view: Yes
- Water view: Bay,Coastline,Ocean,Water
- Waterfront features: Beach Access,Ocean Side Of Highway
Lot
- Lot size: 0.36 Acres
- Features: Back Yard,Drip Irrigation/Bubblers,Sprinklers In Rear,Sprinklers In Front,Lawn,Landscaped,Sprinklers Timer,Sprinkler System,Street Level,Yard
Parking
- Total spaces: 10
- Parking features: Direct Access,Door-Single,Underground,Electric Vehicle Charging Station(s),Garage,Off Street,Oversized,Permit Required,Private,Storage
- Has garage: Yes
- Attached garage spaces: 7
- Covered spaces: 7
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Landslide
- Wildfire
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $174,450 | $2,093,400 |
| Home Insurance * | $5,347 | $64,164 |
| Property Taxes | $18,400 | $220,800 |
| Electricity | $1,899 | $22,788 |
| Total | $200,096 | $2,401,152 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-15 | Listed for sale | $34,500,000 |
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