Nestled in Monarch Bay Terrace, with Panoramic Ocean views of the Southern California Coast and Catalina Island. This home's current Mid-Century design offers floor to ceiling views from living room, kitchen, master bedroom and junior bedroom; an open floor plan and indoor - outdoor living. Current home conditions are original with opportunity for light remodel or a rare opportunity to own a Modern Coastal style, open floor plan, single level home of approx. 4,000 sq ft with a courtyard pool, 5 bedrooms / 6 baths and a home office. Each bedroom lives as its own retreat with a private bath and access to tranquil gardens. Private courtyard with a pool opens to a grand entryway with spectacular ocean views, pool house / game room and an office. High ceilings, sunset views from over 70 linear feet of glass from kitchen and nook, dining, living room, a cozy sitting area, master bedroom and bath and a junior suite makes this property the ultimate full-time home or a vacation retreat. This large kitchen with nook is tucked away from initial sight and relaxing sunset evenings, as it still opens for interaction with the rest of the home. There is a separate pantry room with convenient direct access from the garage and a multi-function room that adds to this luxurious home cooking experience. This Outdoor / indoor authentic lifestyle is protected by 350 sq ft of covered patio of sitting and dining deck where additional starlite garden sitting areas, water feature, pool and spa, veggie and fruit gardens surround the entire perimeter of this 13,000+ sq ft lot of a true California Beach Lifestyle. Seller could negotiate a separate contract term for the construction and build for the new buyer. Once plans are finalized through the city, seller will move property to new construction/remodel status at low/mid $6M price range. Only Steps away from Shopping, Ritz Carlton and Waldorf Astoria resorts, Monarch Beach golf course, ocean view public parks and trails, this vibrant location offers beyond coastal activities and relaxed upscale living. Short ride by local bus transit or car will take you to coastal neighboring cities such as Laguna Beach full of art galleries, boutiques, coastal trails and parks, a variety of international and fusion cuisine, hidden coves, and romantic beaches. Dana point harbor is famous for its marina, kayaking, surfing, parks and trails, fishing, dolphin, and whale watching cruises, local cuisine, and plenty of surfing opportunities.