Unique and quiet, this custom estate is situated on a huge lot at the end of a long hibiscus lined driveway and offers incredible privacy and views of the Pacific, Catalina Island, valleys, city lights and coastal mountains from various areas of the home. A charming waterfall and pond surrounded by colorful flowers and a tropical garden welcome visitors at the front entrance. Rarely on the market, one of the few permitted two story homes in Monarch Bay Terrace, the floor plan offers a master suite that occupies the entire second floor. From this massive retreat with fireplace, walk in closet and private balconies, one can enjoy mountain sunrises and ocean sunsets as well as views of Dana Point, the Ritz Carlton, Catalina, and on occasion, pods of whales and dolphins and even the arrival of tall ships for harbor festivals. On quiet nights with the windows open, one can even hear the waves crashing. The main floor with 3 bedrooms offers nice flow and ocean views from living room, dining room, family room and kitchen, as well. Some of the upgrades in the home include granite counter tops, hickory floors, a newer roof and newer dual paned windows. The salt water pool, patio areas and yard are perfect for entertaining and relaxing. Garden areas surround the home, and there is extra parking in front of the 3 car garage. This is a one of a kind property, nice as is, but also the property to completely transform into your forever dream home.