What an incredible opportunity to live in the prestigious Monarch Bay Terrace Community! Renovated in 1964 and updated in 2021 with The highest quality of materials were used throughout every square inch of this incredible highly desirable single-level floor plan including a built-in commercial-grade Thermador suite with a wine and coffee bar, Quartzite counters, Walker Zanger marble and tile, and more. Situated on a cul-de-sac, the beautifully landscaped front yard, adorned with drought-tolerant plants, perfectly complements the extended driveway made of concrete pavers and turf, leading to the 2-car garage and providing ample additional parking space. The custom blend hand-painted Japanese Barrel tile trimming the roof adds a unique touch. Enjoy ocean views from the patio and from the entry/foyer. Upgraded designer lighting throughout, skylights for natural light, beautiful Sand 5 Hardwood flooring, and Energy Star qualified windows and doors enhance the open and spacious floor plan, which features a see-through fireplace between the living area and kitchen, with 4 bedrooms, and an office. A 10-foot slider off the kitchen leads to the private backyard, where attention to quality and detail continues. The backyard is perfect for relaxation or entertaining, with the focal point being the 8-foot fire pit with a waterfall into the pristine pool featuring upgraded pebble tech and shells - truly a must-see! As night falls, the black iron lanterns around the exterior create a perfect glow. You may never want to leave, but if you must, the community is conveniently located across from Gelson's plaza and is close to Salt Creek Beach and the Ritz Carlton Resort. A short drive north on PCH will take you to downtown Laguna Beach, while heading south will lead you to Dana Point Harbor and the Lantern District, both areas offering excellent restaurants and shopping opportunities.