Welcome to 13 Emerald Bay, an exceptional opportunity to create your dream home in one of Laguna Beach's most exclusive guard-gated communities. Situated on the ocean side of Pacific Coast Highway and just approximately 550 feet from Emerald Bay's private main beach, this property offers prime positioning within a world-class coastal enclave. The existing 3-bedroom, 2-bathroom cottage sits on a 4,218-square-foot lot and features a two-car garage, front balcony, and a quaint backyard patio, but the true value lies in the potential. Whether you're drawn to the charm of the cozy lower-level bunk room, reminiscent of a vintage boat cabin, or looking for a canvas to design a bespoke coastal estate, this is your chance to start fresh and build a custom home that takes full advantage of this prestigious location. Emerald Bay residents enjoy access to private beach and oceanfront amenities, tennis and pickleball courts, a resort-style pool and spa, clubhouse, and vibrant community events, all just moments from Laguna Beach's galleries, restaurants, and boutiques. A rare opportunity in a legacy community, bring your vision and build the beach house you've always imagined.