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157-159 Emerald BayLaguna Beach, CA 92618

For Sale

$34,500,000

Smart Buyer Rebate $345,000

**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.

Listed by Harold Noriega

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Compass

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harold.noriega@compass.com

Last updated September 18, 2026

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Source: MRED #12681866

Listing Facts

  • TypeSingle-family
  • NeighborhoodEmerald Bay
  • Bedrooms8
  • Bathrooms6.5
  • Days on Prevu135
  • HOA/Maint. Fees$10,000/annual
  • Taxes$111,353/year
  • Size8,856 sqft
  • Price per sqft$3,896

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

06/18/2026
Listed by Compass
$34,500,000
  1. 06/18/2026$34,500,000
    Listed by Compass

Property Details for 157-159 Emerald Bay

Association

Fees

  • Association Fee: $10,000.00 Annually

Exterior

Construction

  • Year Built: 1998
  • Construction Materials: Vinyl Siding

Features

  • View: Water
  • Waterfront: Yes

Measurements

  • Lot Size Dimensions: 15,706

Financial

Taxes

  • Parcel Number: 053-040-44
  • Tax Annual Amount: $111,353.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 8,856
  • Living Area Source: Estimated

Rooms

  • Bathrooms Full: 5
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 8
  • Rooms Total: 9

Other

Location

  • City Region: Out Of Area South
  • Water Body Name: PACIFIC OCEAN

Parking

Parking

  • Garage Spaces: 6
  • Garage: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 8 bedrooms and 6.5 bathrooms in this single-family home at 157-159 Emerald Bay.

Does this single-family home have parking?

Yes, there are 6 parking spaces available for 157-159 Emerald Bay.

What are the annual taxes for 157-159 Emerald Bay?

Annual taxes for this single-family home are estimated at $111,353.

How does 157-159 Emerald Bay compare to other single-family homes in Emerald Bay?

This single-family home is listed 46% above the average price for single-family homes in Emerald Bay and has been on the market for 44 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 8,856 sqft.

157-159 Emerald Bay is a 8-bedroom, 6.5-bath single-family home for sale in Laguna Beach CA 92618. Listed on Prevu for 135 days at $34,500,000. This residence features 8,856 square feet of living space, located in Emerald Bay. The median listing price for single-family homes in this area is $24,995,000. Additional amenities include air conditioning and parking. View other single-family home listings in Orange County.

Based on information from MRED and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.