Coldwell Banker Realty Acquires SFR In Laguna Beach For $43.5M

A single-family residence in Laguna Beach has been sold for a record-breaking price of $43,500,000. The property, located at 66 Emerald Bay, offers a spacious living space of 4,900 square feet. This sale sets the price per square foot at $8,733, reflecting the high value of the asset in the market.

Summary of Transaction Details:

• Property Type: Single-Family Residence
• Transaction Amount: $43,500,000
• Address: 66 Emerald Bay
• Market: Laguna Beach

The sale was facilitated by Tim Smith from Coldwell Banker Realty and Tad Baltzer from Triibe Real Estate. Their expertise and negotiation skills were instrumental in completing this successful transaction.

This sale highlights the desirability of properties in Laguna Beach and the confidence investors have in the local real estate market. The record-breaking price achieved for this single-family residence demonstrates the luxury and exclusivity this area offers.