FOR THE RECORD:
Home of the Week: An article and headline in the July 15 Business section featuring a Laguna Beach home for sale described it as oceanfront. The home has expansive views of Emerald Bay but is not ocean-adjacent. —
Location: 1115 Emerald Bay, Laguna Beach 92651
Asking price: $12.995 million
Year built: 2009
Architect: Scott Laidlaw
House size: Five bedrooms, seven bathrooms, 7,000 square feet
Lot size: 9,460 square feet
Features: Temperature-controlled 1,500-bottle wine cellar, barrel ceilings in living room, wet bar and fireplace in family room, penthouse master suite, elevator, extensive deck space, saltwater pool and spa, seven-car subterranean garage, gym, two fire pits, solar panels
About the area: In the first quarter, 89 single-family homes sold in the 92651 ZIP Code at a median price of $1.15 million, according to DataQuick. That was an 8% increase from the first quarter of last year.
Agents: Jim Ardery, (949) 887-3823, and Diane Cannon, (949) 230-1200, Prudential California Realty
To submit a candidate for Home of the Week, send high-resolution color photos on a CD, written permission from the photographer to publish the images and a description of the house to Lauren Beale, Business, Los Angeles Times, 202 W. 1st St., Los Angeles, CA 90012. Send questions to firstname.lastname@example.org.