$36,500,000
199 Emerald Bay
Listing Office: The Agency

Communities · Laguna Beach
A grounded look at Emerald Bay, the guard-gated community at the north end of Laguna Beach, with the amenities and buyer diligence that shape a purchase here.
Direct answer
Emerald Bay is a guard-gated community at the north end of Laguna Beach in Orange County (ZIP 92651), known for a private residents-only beach, association amenities, and custom homes across bluff, cove, and hillside settings.
Last updated 2026-07-06
Market snapshot
Median sale price
$55,972
Closed, last 6 months
Median days on market
112
List to close, sold
Active listings
23
Currently on market
Median price / sq ft
$18
Closed sales
Homes sold (6 mo)
18
Closed, trailing 6 months
Sale-to-list ratio
97.5%
Median close vs list
Months of supply
8 mo
Inventory vs absorption
Median list price
$44,000
Active inventory
Live Emerald Bay statistics from the California Regional MLS (CRMLS) via CoreLogic Trestle, refreshed automatically and deemed reliable but not guaranteed. For a precise, address-level read, ask Craig and Justin.
Figures reflect active and recently closed listings in Emerald Bay, drawn from California Regional Multiple Listing Service data. They are market statistics, not appraisals, and not legal, tax, or financial advice. Ratowsky Group are licensed real estate professionals, not appraisers, lenders, attorneys, or tax advisors. Market conditions change, and a specific property can differ significantly from any median. Verify permits, association documents, insurance, and tenancy status for any specific property, and confirm valuation, financing, and tax questions with the appropriate licensed professional. For a read on a particular home, reach Craig or Justin Ratowsky at 714-336-5682. Craig Ratowsky DRE #00608046, Justin Ratowsky DRE #02026158. Equal Housing Opportunity.
On the market
$36,500,000
199 Emerald Bay
Listing Office: The Agency
$34,500,000
157 159 EMERALD BAY
Listing Office: Compass
$29,999,000
86 Emerald Bay
Listing Office: Breeze Real Estate
$6,295,000
307 Emerald Bay
Listing Office: Serhant California, Inc.
$5,650,000
2 Emerald Bay
Listing Office: Compass
$80,000
11 Emerald Bay
Listing Office: Coldwell Banker Realty
Recent proof
$50,000
1010 EMERALD BAY
Listing Office: Compass
$28,000
1119 Emerald Bay
Listing Office: Compass
$15,500
905 Emerald Bay
Listing Office: Compass
$9,700,000
64 Emerald Bay
Listing Office: Compass
$22,000,000
145 EMERALD BAY
Listing Office: Compass
$36,000
839 Emerald Bay
Listing Office: Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. Information provided is for viewer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Properties may be listed by brokerages other than Ratowsky Group at Compass; each listing is attributed to its listing office. Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-24 21:00:53 PDT and/or other sources, delivered via CoreLogic Trestle. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 CRMLS. Ratowsky Group at Compass. Craig Ratowsky DRE #00608046, Justin Ratowsky DRE #02026158. Compass is a licensed real estate broker (CA DRE #01991628). Equal Housing Opportunity.
Location
Emerald Bay, Laguna Beach, California
Schools
Laguna Beach communities are served by the Laguna Beach Unified School District, which has one middle and one high school; the elementary splits by geography (El Morro on the coast, Top of the World inland).
Elementary (K-5)
El Morro Elementary · Laguna Beach USD
GreatSchools 10/10 · CAASPP 74% Math / 79% ELA
Middle (6-8)
Thurston Middle · Laguna Beach USD
GreatSchools 8/10 · CAASPP 65% Math / 76% ELA
High (9-12)
Laguna Beach High School · Laguna Beach USD
GreatSchools 10/10
School attendance areas are assigned by address and change over time; larger areas and split zones span several schools, so confirm the current assignment for a specific address with the district. Ratings and scores come from GreatSchools and CAASPP and are not a representation of school quality.
Source: Laguna Beach Unified School District
Scores: GreatSchools ratings and CAASPP results, latest reported
Emerald Bay is one of Laguna Beach's most established guard-gated communities, tucked along the coast at the north end of town in Orange County. Its origins trace back to the 1920s, and the neighborhood has grown into a mix of custom homes set across bluff, cove, and hillside positions. The community is private and access-controlled, with its own association governing the beach and shared amenities.
What makes Emerald Bay distinct is the private, residents-only cove beach, which is unusual even along a coastline as varied as Laguna's. Homes here range widely in age, style, and setting, so two properties inside the same gate can feel very different depending on whether they face the water, sit up the hillside, or tuck into the cove.
The centerpiece is the private residents-only beach, which sits inside the gates and is maintained by the association. Beyond the sand, the community carries a set of shared recreational amenities that owners and their guests use.
The specific amenity list, hours, and guest policies are set and updated by the association, so confirm the current details directly through the community before you rely on them. If any of these features matter to how you would use the home, it is worth verifying them in writing during your diligence.
Because Emerald Bay is an association-governed community, the rules and the fees matter as much as the house itself. Request the current governing documents, the fee schedule, and any assessments so you understand what ownership includes and what it costs. Fees and rules change, so use the association's current figures rather than older numbers you may find online.
If you are planning to build or remodel, ask about the community's architectural review process early. Established coastal neighborhoods like this one often have design guidelines and a review committee, and that process can shape your timeline and budget. Justin and Craig Ratowsky walk buyers through these questions before an offer, so there are no surprises after you are in escrow.
Much of coastal and hillside Laguna Beach sits within designated fire hazard areas, and that reality affects insurance. Before you commit, get a written insurance quote for the specific property so you know what coverage is available and what it costs. Availability and pricing can vary meaningfully from one home to the next.
This is not a reason to avoid the neighborhood, it is a reason to plan. Buyers who line up insurance early during their diligence period tend to avoid last-minute scrambles. The Ratowsky Group is not an insurance advisor, so pair any home you are serious about with a licensed insurance professional.
Ratowsky Group brings 58 years of combined, third-generation California real estate experience to coastal Orange County, with roots that go back to 1977. That lived market history matters in an established, gated community where the rules, the review process, and the setting all shape value.
Whether you are considering a bluff position, a cove home, or a hillside lot, the approach is the same: understand the association, understand the property, and understand the market before you make a move. For pricing, timing, or negotiation specific to a Laguna Beach home, it is best to have a direct conversation so the details drive the plan.
Frequently asked
Sources & local citations
Qualitative claims framed as agent insight reflect Ratowsky Group’s direct experience working this market and are not represented as third-party verified data.
Local brief
If you are weighing a purchase in Emerald Bay or elsewhere in Laguna Beach, Craig and Justin Ratowsky are happy to walk through the association rules, the setting, and the market with you. No pressure, just useful information to help you build the right game plan. Reach Justin at 714-336-5682 or justin.ratowsky@compass.com.