A beachfront spec house in Laguna Beach, Calif., is asking $48.995 million, making it the most expensive listing in the affluent Orange County city
The furnished home has a fitness studio, a sauna, a temperature-controlled wine vault and a home theater. The property also has an outdoor shower and an in-ground stone hot tub. While the listing price doesn’t include the furniture, a purchaser could negotiate to purchase it separately, Mr. Wojtaszek said.
The house is located in the gated Emerald Bay community in Laguna Beach, according to Mr. Smith. Most beachside homes in the area face away from the ocean, Mr. Wojtaszek said, but the entrance to this home faces the beach, thanks to a road that leads down from the main street above.Mr. Smith said it is rare for a beachfront spec house to hit the market in Emerald Bay.
In 2021, the median home sale price in Orange County was $1.07 million, up from $884,450 in 2020, according to data complied by Mr. Smith’s team.
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