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$34,500,000
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Property Description
**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 four-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.
Full Property Details
Full Property Details for 157-159 Emerald Bay
General
- Price: $34,500,000
- HOA FEE: $833/month
- HOA FEE FREQ.: Annually
- Taxes: $111,353 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12681866
- Updated: 6/24/2026
- Added to Site: 24 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 5
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 6
- Total Spaces: 6
- Parking Features: Yes, Detached, Garage
Location
- Area: Out of Area South
- Township: NA
- Driving Directions: On Emerald Bay, west of Bay Crest Dr West of N. Coast Hwy
Community
- Assoc. Fees Include: Clubhouse, Exercise Facilities, Pool
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Square Feet: 8,856
- Sq. Ft. Source: Estimated
- Year Built: 1998
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 15706
Water Features
- Water Front: Yes
- Water Front Name: PACIFIC OCEAN
- Water Front View: Side(s) of Property
Financial Considerations
- Association Fee: $10,000
- Assoc Fee Freq.: Annually
- Assessment Year: 1998
- Tax Amount: $111,353
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 053-040-44
Listed by Compass
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Price & Sales History for 157-159 Emerald Bay
Date
Details
Price
Change
Source
6/18/2026
Listed
$34,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157-159 Emerald Bay
157-159 Emerald Bay, Laguna Beach, CA 92618 (MLS# 12681866) is a Single Family property with 8 bedrooms, 5 full bathrooms and 3 partial bathrooms. 157-159 Emerald Bay is currently listed for $34,500,000 and was received on June 18, 2026. Want to learn more about 157-159 Emerald Bay? Do you have questions about finding other Single Family real estate for sale in Laguna Beach? You can browse all Laguna Beach real estate or contact a Coldwell Banker agent to request more information.
