NOT LISTED FOR SALE

102 Emerald Bay Laguna Beach, CA 92651

Emerald Bay Neighborhood

Estimated Value: $5,635,000

4 Beds
3.5 Baths
1,910 Sq Ft
$2,950/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $19,125,000 $10,013 Per Sq Ft

Current estimated payment $35,398/month

464 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Gated with Attendant
  • El Morro Elementary School Rated A+
  • Property has ocean access
  • Above Ground Spa

About This Home

As of March 2016

Perched tranquilly atop one of the finest pieces of land on the entire California coast, the last remaining Emerald Bay oceanfront cottage awaits. This magnificent piece of real estate represents what promises to be the last property on the fabled Emerald Bay “front row” to be available for purchase for many years, perhaps even generations, to come.
This once-in-a-lifetime property is among the southernmost beachfront homes in Emerald Bay affording it maximum daylight, vivid sunsets, true privacy and intimate access to one of the world’s finest private beaches.
Even more than the grandeur of a property that will truly take your breath away, 102 Emerald Bay represents an opportunity to design and build the home of your dreams.
Emerald Bay affords residents a host of amenities, including a private beach, six tennis courts, a clubhouse, community pool and swim complex, several parks, two playgrounds, 24-hour guard gated entrance and security patrol, and its own fire station.

Last Agent to Sell the Property

Nancy Casebier

Pacific Sotheby’s International Realty License #00555394 Listed on: 11/26/2014

Pacific Sotheby’s International Realty

Co-Listed By

Robert Wynn

Pacific Sotheby’s International Realty License #01956710

Last Buyer's Agent

Nancy Casebier

Pacific Sotheby’s International Realty License #00555394 Listed on: 11/26/2014

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Beach Front
  • Landscaped
  • Paved or Partially Paved Lot
  • Gentle Sloping Lot
  • Private Yard

HOA Fees

  • $589 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Cottage
  • Slab Foundation
  • Fire Retardant Roof

Interior Spaces

  • 1,910 Sq Ft Home
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Property has ocean access
  • Ocean Side of Highway 1
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near park

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 975
  • Assessor Parcel Number 05305039

Community Details

Overview

  • Emerald Bay Association

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

HOA Fees

$589 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05305039
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1910.00
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Separate Family Room
  • Spa Features: Above Ground
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Concrete, Deck, Enclosed, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Fire Retardant
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Disposal, Gas Cooktop, Range Hood, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Dues Paid Annually, Fire Pit, Guard, Outdoor Cooking Area, Picnic Area, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 7072.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Landscaped, Lot 10000-19999 Sqft, Paved, Park Nearby, Yard
  • Lot Size Sq Ft: 11326.00
  • Price Per Lot Square Foot: 1688.59
  • Lot Size Acres: 0.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11326.0000 Square Feet
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2014
Closed on
Mar 9, 2016
Sold by
Mercer Cheryl A
Bought by
102 Emerald Bay Llc
Seller's Agent
Nancy Casebier
Pacific Sotheby’s International Realty
Buyer's Agent
Nancy Casebier
Pacific Sotheby’s International Realty
List Price
$26,500,000
Sold Price
$19,125,000
Premium/Discount to List
-$7,375,000
-27.83%
Current Estimated Value
$5,635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,490,000
Avg. Annual Appreciation
-11.68%
Original Mortgage
$10,500,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1999
Sold by
Upham Josephine C and Upham Josephine C
Bought by
Billings Jody Upham and The Jody Upham Billings Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
102 Emerald Bay Llc $18,375,000 Chicago Title Company
Billings Jody Upham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 102 Emerald Bay Llc $10,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $19,125,000 -23.2% $10,013 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
10/08/2015 10/08/15 Price Changed $24,900,000 -6.0% $13,037 / Sq Ft
11/26/2014 11/26/14 For Sale $26,500,000 -- $13,874 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $205,413 $20,624,791 $16,971,583 $3,653,208
2024 $205,413 $20,220,384 $16,638,807 $3,581,577
2023 $200,705 $19,823,906 $16,312,556 $3,511,350
2022 $196,941 $19,435,202 $15,992,702 $3,442,500
2021 $234,473 $23,128,821 $19,754,627 $3,374,194
2020 $207,392 $20,458,477 $19,552,068 $906,409
2019 $204,016 $20,075,104 $19,168,695 $906,409
2018 $189,029 $18,596,760 $18,596,760 $0
2017 $190,513 $18,742,500 $18,232,118 $510,382
2016 $3,955 $386,783 $259,921 $126,862
2015 $3,896 $380,974 $256,017 $124,957
2014 $3,821 $373,512 $251,002 $122,510
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Nancy Casebier

    Pacific Sotheby’s International Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Robert Wynn

    Pacific Sotheby’s International Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14259611

California Regional Multiple Listing Service (CRMLS)

APN: 053-050-39

California Orange County Laguna Beach 92651 Emerald Bay

102 Emerald Bay, Laguna Beach, CA

Not Listed for Sale

Detached

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