331 EMERALD BAY, LAGUNA BEACH | $2,500,000 MAJOR PRICE REDUCTION. Beautiful two bedroom two bath cottage overlooking Emerald Bay Park. Charming entry courtyard and garden area. Large lot with room for expansion of home and or landscape. Recently remodeled gourmet kitchen. Horizon line ocean view. Great opportunity in Emerald Bay. See www.331emeraldbay.com and www.roddaley.com.