Emerald Bay in Laguna Beach Market Update | October, 2013

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Market Update | October, 2013

Emerald Bay is a private guard gated Laguna Beach.  It is an exclusive community and many of these Emerald Bay homes have beautiful ocean views and spectacular color water. Emerald Bay is located on both sides of Coast Highway, there are beach front homes as well as homes which sit up on the hill with sweeping views of the Pacific Ocean.  There is a tunnel which goes under Coast Highway. Emerald Bay in Laguna Beach has private tennis courts, beautiful parks and a private swimming pool for the residents. Emerald Bay was originally founded in 1929 and it was named for the color of the water.

Emerald Bay in Laguna Beach

The beach at Emerald Bay is beautiful, and there are sand volley ball court. There are also tennis courts.

Emerald Bay Tennis court

This guard gated area of Laguna Beach has 521 home sites, and 14 of those homes are beach front. Emerald Bay is one of the most desirable areas in Laguna Beach.

Emerald Bay currently has 21 active listings, 3 in back up status, 3 in pending, and there were zero sales for the month of October, 2013. The highest priced home sold in the past one year in Emerald Bay was on 5/8/2013 at 10 Emerald Bay for $8,100,000. The average home price in the past one year was $3,683,000 and a price per square foot of $1,237.61. The median price was $3,087,500 and a price per square foot of $1187.93.

The absorption rate is as follows in Emerald Bay in Laguna Beach. It is favoring a stable to buyers market with the number of active listings.

Search the MLS for Laguna Beach Real Estate and homes for sale in Emerald Bay.

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Emerald Bay in Laguna Beach Market Update | October, 2013

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

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DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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