$5 Million Savings on Laguna Beach Homes for Sale-Highlight Emerald Bay North Laguna

Hey There!

This is Hillary Caston from The Coastal Property Experts and I would like to talk with you about Laguna Beach Homes for Sale. There are some wonderful gated communities in North Laguna Beach; however, I would like to talk to you today about Emerald Bay.

There are currently 21 Laguna Beach Homes for Sale in the Emerald Bay community with 1 home currently in escrow. Year to date, there have been 7 homes that have closed escrow as of May 31, 2010. This is an exclusive gated neighborhood, much sought after by buyers interested in North Laguna. For those buyers looking to step into this area, home prices are becoming very attractive.

One specific home came onto the market for $12,300,000 and actually sold for a little less than $8 million. That is a savings of over $5 million dollars!

One Emerald Bay Laguna Beach Homes for Sale that is of interest is located on 80 Emerald Bay. This home has an assessed value of $3,289,500 and is currently for sale at a price of $1,995,000. It is a short sale.

80 Emerald Bay-Laguna Beach Homes for Sale

This could be a future landmark estate, bringing in great value over the next 5-7 years. Plans for this home call for a 5488 square foot home on a corner beach side lot that will boast 5 bedrooms and 4.5 baths. Designed by renowned architect James Conrad, the Santa Barbara-style residence will offer a versatile design with lifestyle amenities throughout.

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