NOT LISTED FOR SALE

Estimated Value: $2,583,000 - $5,927,000

0.15 Acre
$32,920,800 Price per Acre
6,534 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $5,025,000

Est. 2% decrease in value since last sale

Current estimated payment $31,250/month

1 Day on Market

Highlights

  • Ocean View
  • Fishing
  • Hiking Trails
  • El Morro Elementary School Rated A+
  • Property is near a park
  • Up Slope from Street

About This Lot

As of May 2023

Sweeping ocean views from this 6553 square foot lot. One of the last lot in exclusive Emerald Bay a 538 lot highly prized in Laguna Beach with Private Beach community. Enjoy coastal living at its finest in the prestigious community of Emerald Bay in Laguna Beach, California. With stunning panoramic views of the Pacific Ocean. This may be your last and best chance to purchase a vacant parcel in Emerald Bay. Ability to build your new home.This property is located in one of the finest developments along the entire California coast. One of the last remaining vacant properties in Emerald Bay to be available for purchase in many years, this is a once in a lifetime opportunity to build the home of your dreams. Emerald Bay affords residents a host of amenities including a half mile private beach, 24-hour gaurded gate entrance and security patrol, its own fire station, six tennis courts, a club house, community center, community pool and swim complex, several parks,and two playgrounds. Close to world class resorts, designer shopping and John Wayne airport. Development is subject to the Emerald Bay Community Association Architectural Rules. This is a fantastic opportunity for someone to build his/her dream home.Emerald Bay is one of California’s only private beaches. In the most beautiful and exclusive North corner of Laguna Beach, bordering Newport Beach. It has beautiful, dramatic sunsets, outlined by the majestic bluffs. It has become this haven of privacy for celebrities, business executive and professional athletes.

Last Agent to Sell the Property

Mike Zomorrodian

Mohammad Zomorrodian, Broker License #01156545 Listed on: 05/03/2023

Last Buyer's Agent

Roderic Daley

Coldwell Banker Realty License #00456990

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,123

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 104x76x80x70
  • Paved or Partially Paved Lot
  • Value in Land
  • Property is zoned R1 (CD) (SR) this subdivision is in..., contact following https://ocds.ocpublicworks.com/sites/ocpwocds/files/import/data/files/8817.pdf/ The Emerald Bay Community Association https://ebca.net/ Emerald Bay Service District https://emeraldbayservicedistrict.org/

Parking

  • Up Slope from Street

Property Views

  • Ocean
  • Bay

Location

  • Property is near a park

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05302122

Community Details

Overview

  • Property has a Home Owners Association
  • The Emerald Bay Community Https://Ebca.Net/ Association, Phone Number (949) 494-8571
  • Emeralbaeb Subdivision
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail
  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$52,123

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R1 (CD) (SR) this subdivision is in...
  • Zoning Description: contact following https://ocds.ocpublicworks.com/sites/ocpwocds/files/import/data/files/8817.pdf/ The Emerald Bay Community Association https://ebca.net/ Emerald Bay Service District https://emeraldbayservicedistrict.org/
  • Property Type: Land
  • Parcel Number: 05302122
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 769.05

Exterior Features

  • View: Bay, Ocean, Water
  • Fence: No

Utilities

  • Utilities: Cable Available, Natural Gas Available, Underground Utilities, Electricity Available
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: Yes
  • Association Name: The Emerald Bay Community https://ebca.net/
  • Phone: 949-494-8571
  • Senior Community: No
  • Community Features: Curbs, Gutters, Mountainous, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Biking, Fishing, Hiking, Park, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999, Park Nearby, Paved, Up Slope from Street, Value In Land
  • Lot Size: 104x76x80x70
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 0.1500 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 10, 2023
Sold by
Bagstad Group Four Lp
Bought by
Mcdonald Family Trust
Seller's Agent
Mike Zomorrodian
Mohammad Zomorrodian, Broker
Buyer's Agent
Roderic Daley
Coldwell Banker Realty
List Price
$4,975,000
Sold Price
$5,025,000
Premium/Discount to List
$50,000
1.01%
Views
12
Current Estimated Value
$4,938,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,880
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Oct 17, 2007
Sold by
Bagstad Barbara M
Bought by
The Bagstad Group Four Lp

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bagstad Eldon
Bought by
Bagstad Group Three Lp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdonald Family Trust $5,025,000 Chicago Title Company
The Bagstad Group Four Lp -- None Available
Bagstad Group Three Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Bagstad Group Four Lp $255,000
Previous Owner The Bagstad Group Three Lp $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $5,025,000 +1.0% --
05/04/2023 05/04/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $4,975,000 -- --
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 $52,123 $5,228,010 $5,228,010 --
2024 $52,123 $5,125,500 $5,125,500 --
2023 $920 $86,181 $86,181 $0
2022 $894 $84,492 $84,492 $0
2021 $855 $82,836 $82,836 $0
2020 $847 $81,987 $81,987 $0
2019 $832 $80,380 $80,380 $0
2018 $816 $78,804 $78,804 $0
2017 $800 $77,259 $77,259 $0
2016 $1,748 $75,745 $75,745 $0
2015 $774 $74,608 $74,608 $0
2014 $759 $73,147 $73,147 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2303249

California Regional Multiple Listing Service (CRMLS)

APN: 053-021-22