Emerald Bay | Season 2026 | Episode 9
“The Calm… and Then the Curveball”
Cue the slow pan over the coastline.
Same blue water.
Same flawless blufftop views.
Same buyers circling like hawks over pristine inventory.
And yet…
Nothing.
No new listings.
No new escrows.
No price reductions.
No dramatic closings.
Just tours.
Showings.
Conversations.
Tire kicking at a very high price point.
Buyers are active.
Capital is present.
Interest is real.
But commitments?
Still loading…
And if you’ve watched enough seasons of Emerald Bay, you know what this means:
Pressure is building.
Something is going to break.
Meanwhile… Inside the Gates, A Different Kind of Drama
Just when the real estate storyline felt like it was simmering…
The HOA entered the chat.
In a move that caught many off guard, the Board proposed a global amendment to the CC&R’s governing what can be built across 9 of Emerald Bay’s 10 tracts.
Let that sink in.
A broad change.
Community-wide implications.
Potentially altering development parameters for a significant portion of the neighborhood.
A town hall was scheduled for this past Tuesday.
The emails went out.
The conversations started.
The speculation ramped up.
And then…
Just as quickly as it appeared—
Two days later.
The proposal was withdrawn.
Gone! 👋🏼
No vote.
No showdown.
No dramatic microphone moments.
Just… withdrawn.
If This Were Television…
This is the part where the camera zooms in on everyone’s faces.
Was it premature?
Was it misunderstood?
Was it strategic?
Was it a trial balloon that met headwinds?
We may never know the full behind-the-scenes edit.
But here’s what we do know:
In a luxury enclave where lot value, build potential, and long-term development rights matter immensely…
Even the suggestion of change moves the emotional needle.
And then to pull it back?
That’s not nothing.
What This Episode Really Means
While the MLS sits still, the community doesn’t.
Emerald Bay is layered.
It’s not just list prices and DOM.
It’s governance.
It’s architecture.
It’s entitlement.
It’s long-term value.
It's Community!!
And when conversations start happening at that level, you pay attention.
Because markets don’t just move on sales.
They move on sentiment.
Back to the Market…
Despite the quiet:
There is no shortage of buyers.
There is no shortage of liquidity.
There is no shortage of curiosity.
Tours are happening daily.
Whispers are circulating.
Offers are being considered.
Who is going to be the first domino??
And that’s always the most interesting moment of the season.
Because when it finally falls…
It won’t be subtle.
Next Week on Emerald Bay…
Will one buyer decide they’ve seen enough?
Will a seller decide they’ve waited long enough?
Will a number hit the market that changes the tone instantly?
The energy is shifting.
You can feel it.
The calm is never permanent.
Same coastline.
Same gates.
Same truth:
Pricing is Everything.
🍸🏡📉
For Sale
2 Emerald Bay | $5,900,000 | 40 DOM
307 Emerald Bay | $6,950,000⬇️⬇️ | 124 DOM
32 Emerald Bay | $8,950,000⬇️⬇️ | 8 DOM
*420 Emerald Bay | $9,500,000 | 32 DOM
138 Emerald Bay | $9,895,000 | 27 DOM
64 Emerald Bay | $13,500,000⬇️ | 285 DOM
74 Emerald Bay | $15,995,000⬇️⬇️ | 340 DOM
9 Emerald Bay | $19,850,000 | 19 DOM
*145 Emerald Bay | $24,995,000⬇️⬇️ | 142 DOM
199 Emerald Bay | $44,995,000 | 26 DOM
In Escrow
No escrows "officially" reported....yet....🤫
Sold 2026
*704 Emerald Bay | $6,950,000 | Off Market Sale
* Emerald Bay Properties Listed and Represented by
Emerald Bay | Harold Noriega
** Buyers Represented by
Emerald Bay | Harold Noriega
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