199 Emerald Bay 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.