Laguna Beach made headlines in June when a contemporary cliffside mansion in the guard-gated Emerald Bay enclave quietly traded to an unnamed entity in an off-market deal for $110 million. The deal marked the first time an Orange County residential property crossed the nine-figure threshold, easily eclipsing the previous $70 million benchmark set three years before in Irvine Cove.
Shortly after that historic high, another residence in the seaside city attempted to reset O.C.’s…

