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This iconic oceanfront property represents the opportunity to redefine an entire piece of prime coastline. Comprising approximately 4 acres across eleven contiguous parcels and commanding nearly 320 feet of sandy shoreline, this extraordinary Laguna Beach collection represents one of the most significant residential development opportunities ever offered along the Southern California coast. Positioned above a secluded cove at the southernmost tip of Thousand Steps Beach with panoramic views spanning the Pacific Ocean, Catalina Island, and the dramatic Laguna shoreline, the property combines unparalleled scale, irreplaceable location, and exceptional development potential in a manner rarely encountered and unlikely to be replicated. The true value of this offering lies not in the existing improvements, but in the opportunity to create a landmark coastal residential development capable of establishing a new benchmark for luxury living in one of California's most supply-constrained and globally sought-after markets. With an enviable trove of parcels, substantial ocean frontage, and advanced planning considerations already investigated, the property presents a unique opportunity to develop a transformative family compound or oceanfront community consisting of custom luxury residences, ultra-premium condominiums, or a thoughtfully integrated mixed residential vision designed to maximize both value and long-term market significance. While the property's highest and best use may be realized through its development potential, the estate also offers the rare alternative of creating one of the most significant multigenerational oceanfront compounds on the West Coast; an extraordinary private retreat capable of spanning generations and serving as a lasting family legacy. Further enhancing the investment profile, three newly renovated residences currently occupy the property and may provide interim rental income or executive housing accommodations while development plans, entitlements, and approvals are finalized; helping to offset holding and maintenance costs throughout the planning process. Opportunities of this magnitude are extraordinarily rare. A coastal assemblage of this scale, frontage, and development potential represents more than a real estate acquisition; it is an opportunity to shape the future of one of the most coveted stretches of coastline in Southern California and to create a project destined to become a defining landmark for generations to come. $95,000,000 Active

32229 Coast Hwy Laguna Beach, California

10 Beds 8 Baths 4,900 SqFt 4.077 Acres

Listed by: Rob Smith, DRE #01113111 from Compass

The true feeling and spirit of old Laguna lives on - in the Cypress Compound. Privacy, architectural excellence, and untouched natural splendor converge on maturely landscaped coastal acreage to create a legacy estate. Perched above Thousand Steps Beach, this singular oceanfront compound has been mindfully renovated, with all three structures retaining their original historic footprints. The irreplaceable Chris Abel-designed main residence, anchored by a Monterey Cypress, rests on a bluff 70 feet above the surf, offering seclusion and uninterrupted coastline vistas. This single bedroom architectural gem consists of a spacious living salon, a kitchen overlooking the sand, and a sizable deck for all-season enjoyment. Two fully-equipped bungalows serve as a well-appointed extension of the primary quarters. The upper features a one-bedroom apartment while the lower structure offers a two-bedroom flat on the top level and a one-bedroom accommodation with a large multipurpose living room below, all with individual kitchens. The pristine grounds have been consciously landscaped with native plants and mature trees, creating an unspoiled retreat. The estate’s amenities are truly remarkable. An exclusive double-gated staircase with an observation deck leads to a roped-off, 15 ft deep privately owned beach area which extends along the oceanfront property line. Thoughtful consideration was given to not overbuilding this incredible parcel yet it does not lack incredible modern improvements: a 45+ ft long infinity edge pool with first-row views of the Pacific was added in recent years. Adjacent to it, a state-of-the art outdoor kitchen and open air cabana create a perfect setting for high-level entertaining. Those seeking more active recreation will also enjoy the quarter-sized basketball court. Beyond its boundaries, this enclave offers a coveted location near some of the most prestigious resorts in Orange County: the Montage, Ritz Carlton and St.Regis are all merely miles away. $39,995,000 Active

32181 Coast Highway Laguna Beach, California

5 Beds 9 Baths 5,815 SqFt 1.03 Acres

Listed by: John Stanaland, DRE #01223768 from

Resting at the end of a quiet cul-de-sac in Emerald Bay—Orange County's premier private, guard-gated oceanfront enclave—this exceptionally rare oceanfront residence commands a singular oversized parcel with unobstructed surfline, cove, Catalina Island, and sunset views. The home is deliberately private, buffered from neighbors, and organized around dramatic, high-volume interiors that maximize the coastal panorama. A two-story entry sets the tone, leading to main living spaces on a single level: a great room, formal dining room, expansive family room or office, theater, and an oversized kitchen with oceanfront dining. All open seamlessly to a generous seaside terrace—one of the property's defining features.The terraced grounds descend toward the water's edge, featuring broad stone terraces, gardens, a seaside spa, and lawn; all anchored by nearly century-old Monterey cypress. The master suite occupies much of an entire floor, discreetly separated from secondary bedrooms, and enjoys amazing water vistas. An elevator serves all levels, with ample garage and off-street parking for residents and guests. A private gated path and staircase provide direct, exclusive access to the cove below—an uncommon privilege. Emerald Bay remains inimitable under current restrictions: a secure oceanfront community that enjoys nearly a half-mile of pristine private beach, parks, tennis courts, swimming facilities, volleyball, and other amenities in coveted North Laguna Beach. Its residents enjoy a lifestyle that is unmatched along the coast of Southern California. This is a rare opportunity to own a generously scaled oceanfront residence overlooking one of the world's most scenic coastlines. $36,500,000 Active

199 Emerald Bay Laguna Beach, California

5 Beds 7 Baths 7,078 SqFt 0.317 Acres

Listed by: John Stanaland, DRE #01223768 from The Agency

There are few addresses on the California coast as revered as Irvine Cove. Long regarded as one of Southern California's most exclusive and tightly held oceanfront communities, it offers an extraordinary combination of privacy, security, and an unparalleled seaside lifestyle. Set within this iconic guard-gated enclave, this newly constructed contemporary residence is a refined expression of modern coastal architecture, where timeless design and effortless indoor-outdoor living converge. Thoughtfully positioned on an elevated homesite to capture sweeping ocean views, the residence unfolds through light-filled interiors defined by soaring ceilings and expansive Fleetwood glass walls that seamlessly connect the indoors with the surrounding landscape. Wide-plank white oak flooring, bespoke fluted millwork, curated natural stone, and meticulously crafted architectural details create an atmosphere of understated sophistication. At the heart of the home, an extraordinary great room flows into a spectacular chef's kitchen, custom cabinetry, premium appliances, a secondary prep kitchen, and a striking temperature-controlled wine display, creating an exceptional setting for everyday living and entertaining. Retractable walls of glass open to a resort-inspired outdoor living environment with a covered pavilion featuring a full outdoor kitchen, built-in barbecue, fireplace, integrated heaters, multiple lounge and dining areas, a sleek lap pool, elevated spa, and beautifully landscaped grounds. The private primary suite offers ocean views, a boutique-inspired dressing room with custom illuminated cabinetry, and a spa-caliber bath wrapped in natural quartzite with dual floating vanities, a freestanding soaking tub, and an oversized walk-in shower. Every element reflects an unwavering commitment to quality, including custom millwork, designer lighting, elevator access, solar power, and integrated smart home technology. The property is a quick walk to the exclusive Irvine Cove private beach and offering effortless access to Crystal Cove Shopping Center and the boutiques, galleries, restaurants, and beaches of downtown Laguna Beach, this exceptional residence embodies the very best of Southern California coastal living. $34,995,000 Active

2595 Altamar Laguna Beach, California

4 Beds 5 Baths 4,838 SqFt 0.236 Acres

Listed by: Paul Daftarian, DRE #01317949 from Luxe Real Estate

**Legacy by the Sea: A Rare Two-Residence Compound in Emerald Bay**A truly extraordinary opportunity within the prestigious guard-gated community of Emerald Bay in Laguna Beach. Situated on the highly coveted ocean side of Pacific Coast Highway, this exceptional legacy compound encompasses two separate residences on two legal parcels, creating one of the most unique offerings ever available within this world-renowned coastal enclave. Together, 157 and 159 Emerald Bay offer approximately 8,856 square feet of living space on a combined 15,706 square feet of grounds, thoughtfully designed for multi-generational living, grand-scale entertaining, and effortless coastal luxury. Sweeping ocean views, expansive indoor-outdoor living spaces, and an unmatched collection of amenities define this one-of-a-kind estate in absolute pristine condition. The main residence features elegant formal and casual living spaces, a chef's kitchen, elevator access, theater and bonus rooms, fitness area, conditioned wine room, extensive storage, and a five-car garage. The secondary residence offers contemporary coastal design, a dramatic great room with disappearing walls of glass, designer kitchen, private office, guest suite, a custom bunk room plus a two-car garage.Resort-inspired grounds include a saltwater pool and spa, infrared sauna, outdoor shower, two outdoor fireplaces plus a seated fire pit, outdoor television, expansive lawn, built-in barbecue, and multiple dining, lounging and entertaining areas.Residents enjoy Emerald Bay's private beach, tennis and pickleball courts, volleyball, swim center, parks, and 24-hour guard-gated and patrolled security. Rarely does a property of this scale, flexibility, and pedigree become available. An unparalleled opportunity to own one of Emerald Bay's most extraordinary family compounds. $34,500,000 Active

157 159 EMERALD BAY Laguna Beach, California

8 Beds 10 Baths 8,856 SqFt 0.361 Acres

Listed by: Harold Noriega, DRE #01494239 from Compass

Perched above one of Laguna Beach’s most dramatic stretches of coastline, this landmark oceanfront residence occupies an irreplaceable setting atop the famed Arch Rock with commanding views overlooking Woods Cove Beach and Pearl Street Beach. Accessed by a private gated drive and positioned on its own peninsula, the property captures sweeping, unobstructed views that span the surf, coves, sunsets, whitewater, and miles of Southern California coastline. It is a setting that feels almost impossible to replicate. The residence itself was thoughtfully reimagined in recent years, blending refined contemporary architecture with the natural power of its surroundings. Walls of glass frame the ocean from nearly every primary living space, creating a constant connection to the coastline below. The main level centers around an open great room that flows seamlessly to the kitchen, formal dining area, and a series of ocean-facing terraces designed for entertaining, relaxing, and taking in the sound of the waves below. The full-floor primary suite is a true retreat, positioned to feel as though it is suspended over the Pacific, with its own private terrace and breathtaking coastal outlooks. Additional guest accommodations, including a separate guest suite, provide comfort and privacy for family and visitors. From sunrise light over the coves to golden sunsets over the water, the home offers an immersive coastal living experience—salt air, crashing surf, and panoramic views from nearly every angle. A private stairway leads directly to the coves below, offering immediate access to the beach and miles of pristine shoreline. Located in the highly sought-after Woods Cove area, the property offers both privacy and convenience, with close proximity to Laguna Beach’s restaurants, galleries, shops, and village lifestyle. Rarely does a home combine this level of architectural refinement, privacy, and irreplaceable oceanfront positioning in one of the most iconic coastal settings in California. $31,995,000 Active

1901 Ocean Way Laguna Beach, California

3 Beds 5 Baths 3,829 SqFt 0.277 Acres

Listed by: Paul Daftarian, DRE #01317949 from Luxe Real Estate

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