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As is sale with no buyer contingency subject to US bankruptcy court approval and overbid at hearing; under contract at 6.8M. Initial overbid at 6.9M and minimum $50,000 bid increments. Court hearing date May 29 at 11 a.m in Courtroom 303, U.S. Bankruptcy Court, 21041 Burbank Blvd., Woodland Hills, CA. Contact Agent for overbid information and requirements -- Located on the ocean side of the exclusive, guard-gated community of Emerald Bay and just steps away from its private beach, this contemporary Santa Barbara style residence offers the epitome of idyllic coastal living. Designed by prominent Laguna architect, Ed Lohrbach, this 4,305 square feet home exudes comfort and convenience with 5 ensuite bedrooms, chefâs kitchen, pantry, formal living room, family room, three fireplaces, laundry room, and an over-sized three-car garage with parking for golf carts. Superb finishes include Neolith kitchen countertops, solid mahogany window casements, and European oak wood flooring. The master suite features spectacular ocean views, a walk-in closet, dual floating vanities, a freestanding tub, an immense stand-up shower, and a master retreat. Central patio provides space for entertaining and utilization of indoor and outdoor spaces with bi-fold doors welcome the ocean breeze. An in-ground plunge pool and spa complete the private outdoor space while the community offers 3 luscious parks, 6 tennis courts, 3 volleyball courts, several playgrounds, swimming pool complex, and clubhouse.