A nearly 5,000-square-foot waterfront home in the high-end Laguna Beach enclave of Emerald Bay has sold for $43.5 million, marking a sales record for the 509-home community and the priciest home sale in Orange County year-to-date.
The $8,733 per square foot price also marks the highest price-per-square-foot record for new construction in Orange County, according to The Smith Group at Coldwell Banker Realty, which brokered the deal on behalf of the seller.
The home at 66 Emerald Bay wrapped construction this year and counts five bedrooms, 10 bathrooms and amenities ranging from a media lounge to a gym and wellness center. C.J. Light Associates led design of the home, which was built by Laguna Beach-based Divita Builders.
Emerald Bay was established in 1929 and is situated south of neighboring luxury development Irvine Cove, which counts 109 homes.
