Rare opportunity to own a ocean view home with a park like backyard situated on a 20,000+ sq.ft. flat lot in prestigious Monarch Beach.This is the best priced ocean view home on 20K+ sq.ft. to become available in years. When you enter the home your attention is immediately drawn through the formal living room french doors into the beautifully landscaped backyard. The kitchen is open to the family room, featuring views of the park-like back yard. Entertain friends and family by opening both the french doors located in living room and family room to the large back yard patio which features a built in fireplace with ample seating, BBQ, fridge and Jacuzzi with waterfall. Endless memories will be made in this backyard with an enormous grass area, rose garden, olive trees and mature landscaping. Highly desired main floor bedroom and full bath. Upstairs there are two guest bedrooms with a Jack and Jill bath along with a office loft. Amazing panoramic views off the master retreat balcony that stretch from the ocean to the city lights. The en suite offers a walk in closet, dual sinks, tub and walk in shower. The living room, family room and master all feature fireplaces. A few of the upgrades are double pane windows and plantation shutters. Don't miss the three car garage. Within walking distance to the beach, Ritz Carlton and Monarch Beach Resort this is resort style living in Monarch Beach. Need more space, relatively easy to add additional square footage in the current envelope.