2 Emerald Bay, Laguna Beach, CA 92651
2 Emerald Bay, Laguna Beach, CA 92651
Property Description
This romantic 1930s California Spanish–style residence, designed by renowned architect Henry Palmer Sabin, is truly a work of art. Lovingly maintained and thoughtfully enhanced, it captures the timeless character and craftsmanship of the era while introducing tasteful modern updates. Located on the highly coveted Oceanside of Emerald Bay, this three-bedroom, three-bath home offers the perfect blend of historic charm and contemporary livability. New double paned windows flood the interiors with natural light, accentuating the rich architectural details throughout. The floor plan offers exceptional versatility, ideal as a full-time residence or a beachside retreat. Highlights include an inviting enclosed side yard perfect for entertaining or play, a separate family room or office for added flexibility, and a rare basement providing abundant storage. Within close proximity to Emerald Bay’s pristine beach, this enchanting home invites you to experience the romance, warmth, and lifestyle that make Emerald Bay one of California’s most treasured coastal communities.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
North Laguna · Laguna Beach · Single Family Residence
Listed in line with the median closed sale of $5,300,000. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 535 High Dr | Laguna Beach | 2004 | 3 | 4 | 2,800 | 6,000 | $1,784 | $5.00M | 542 | 54 |
| 522 Thalia Street | Laguna Beach | 1954 | 3 | 3 | 2,487 | 5,000 | $2,008 | $5.00M | 73 | 54 |
| 2166 Ruby Place | Laguna Beach | 2000 | 3 | 4 | 3,055 | 4,800 | $1,537 | $4.70M | 97 | 45 |
| 728 Rembrandt Drive | Laguna Beach | 1990 | 3 | 3 | 3,000 | 5,292 | $1,565 | $4.70M | 2 | 43 |
| 802 Summit | Laguna Beach | 2015 | 4 | 4 | 3,337 | 5,912 | $1,438 | $4.80M | 104 | 40 |
| Total: 5 · Average | 3.2 | 3.6 | 2,935.8 | 5,400.8 | $1,666.4 | $4.84M | 163.6 | |||
| Median | 3,000 | $4.80M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 307 Emerald Bay | Laguna Beach | 1946 | 09/17/2026 | 5 | 5 | 2,417 | 4,558 | $6.29M | $5.30M | $2,193 | 0.84 | 108 | 83 |
| 312 Emerald Bay | Laguna Beach | 1949 | 11/19/2025 | 3 | 3 | 2,107 | 4,606 | $5.09M | $4.80M | $2,278 | 0.94 | 32 | 82 |
| 401 Ledroit | Laguna Beach | 1954 | 09/09/2026 | 4 | 3 | 2,019 | 6,000 | $4.85M | $5.10M | $2,526 | 1.05 | 25 | 78 |
| 22691 Allview Terrace | Laguna Beach | 1958 | 04/30/2026 | 3 | 4 | 3,056 | 21,532 | $5.47M | $5.60M | $1,832 | 1.02 | 233 | 68 |
| 432 Holly Street | Laguna Beach | 2024 | 12/10/2025 | 4 | 5 | 3,290 | 6,125 | $5.69M | $5.30M | $1,611 | 0.93 | 188 | 67 |
| Total: 5 · Average | 3.8 | 4.0 | 2,577.8 | 8,564.2 | $5.22M | $5.22M | $2,088 | — | 117.2 | ||||
| Median | 2,417 | $5.30M | $5.30M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.