November 29, 2025 | Saturday Morning Spotlight | Emerald Bay Market Update

This is the Emerald Bay Real Estate Market

for Saturday, November 29, 2025

Warm Thanksgiving Wishes to You and Your Families!

Well, well, well—Emerald Bay never fails to keep things interesting. This morning’s Spotlight offers a perfect example.

Immediately after the November 15 Spotlight noted that 138 Emerald Bay had gone into escrow—and that trusted sources were whispering about 64 Emerald Bay and 523 Emerald Bay following close behind—the market wasted no time confirming the tea. By that same afternoon, both 64 and 523 were officially reported in escrow, and 138 went on to power straight into the end zone. Great news for 138… but some slightly less festive new update for 64. Let’s break it down.

138 Emerald Bay has officially closed escrow. After 255 days on the market, a series of price reductions (and a few increases for good measure), the home—last listed at $9,595,000—ultimately closed at $9,800,000. Yes, that’s 2.14% over the final asking price—yet still $50,000 below its highest list price back in April. If that sounds a bit confusing, that’s because it absolutely is. Welcome to real estate.

Meanwhile, 64 Emerald Bay stepped out of escrow this past week after only seven days. Perhaps the third opportunity will finally be the charm.

With these updates, Emerald Bay now sits at seven active listings, two homes in escrow, and now eight closed sales for 2025. Despite a little turbulence, the market appears to be smoothing out and leveling off at cruising altitude.

Below is the latest snapshot of current inventory, properties in escrow, and year-to-date sales. Arrows indicate the number of recent price adjustments.

For Sale

307 Emerald Bay | $7,495,000 | 40 DOM

32 Emerald Bay | $9,250,000⬇️⬇️ | 257 DOM

928 Emerald Bay | $10,500,000 | 136 DOM

64 Emerald Bay | $13,500,000⬇️ | 201 DOM

74 Emerald Bay | $17,995,000⬇️ | 256 DOM

*145 Emerald Bay | $24,995,000⬇️⬇️ | 58 DOM

199 Emerald Bay | $44,995,000 | 303 DOM

In Escrow

523 Emerald Bay | $12,750,000⬇️ | 199 DOM

70 Emerald Bay | $19,995,000⬇️ | 329 DOM 

Sold 2025

312 Emerald Bay | $4,800,000⬇️⬇️⬇️ | 200 DOM

13 Emerald Bay | $5,995,000⬇️⬇️⬇️ | 111 DOM

**300 Emerald Bay | Sale Price $6,300,000⬇️ | 28 DOM

*349 Emerald Bay | $6,535,000⬇️ | 152 DOM

**328 Emerald Bay | Sale Price $8,250,000⬇️ | 313 DOM

510 Emerald Bay | Sale Price $9,162,500⬇️ | 199 DOM

138 Emerald Bay | $9,595,000⬇️⬇️⬇️⬆️⬆️ | 255 DOM

1115 Emerald Bay | $15,000.000⬇️⬇️ | 109 DOM

* Emerald Bay Properties Listed and Represented by

Emerald Bay | Harold Noriega

** Buyers Represented by

Emerald Bay | Harold Noriega

Looking for something that isn't a fit that's listed on the MLS? There are a number of Emerald Bay "off market" properties that are for sale but not on the MLS. Please reach out to me directly regarding this shadow inventory of Emerald Bay "off market" opportunities.