SoCal buyers may be used to seeing sky-high prices per square foot but a recent sale in Laguna Beach is setting a new record.
The beachfront spec home along Emerald Bay was listed in May for $48.995 million. Three months later, the home has closed for $43.5 million. At 4,981 square feet, that means the sale went for $8,733 a square foot—a record for new construction in Orange County.
Designed by C. J. Light Associates, the contemporary boasts expansive beach frontage with views of Catalina Island. In addition to the nearly 5,000 interior square feet, the property also includes nearly 1,000 square feet of outdoor living space.
Featuring five bedrooms, 10 baths, a gym, media lounge, temperature-controlled wine wall and a wellness center, this property takes lux living to the next level. Design features include fabric and Venetian plaster wall treatments, integrated stone sinks, Afromosia wood ceilings, limestone floors, walnut wood paneling and custom Gennaro lighting.
In the kitchen, Gaggenau appliances and a titanium granite island with wrap-around live-edge table showcase an attentively designed cook space. As smart as it is stylish, the property is operated by Savant home controls with integrations that include James Loudspeaker audio, state-of-the-art Sony televisions and projector, HVAC, bi-fold garage doors, automatic recessing shades and pocketing glass doors, as well as a security system with surveillance and entry door station.
Among the home’s countless amenities, there’s a four-car garage with two electric vehicle charging stations, a four-stop Boutique Elevator, three laundry stations, heated floors in select areas, and a primary suite with private ocean-facing patio, fire pit, steam shower and walk-in closet with coffee station.
Tim Smith of Coldwell Banker Realty held the listing, while Tad Baltzer of Triibe Real Estate repped the buyer.