Perched near the top of Monarch Bay Terrace, this single level, ocean view home boasts one of the most desirable locations on a 15,000+ square foot lot! A private gated courtyard welcomes you to the residence. The home's unique layout brings the outside in. Multiple patios, sliding doors, & windows invite year round ocean breezes in! Dramatic exposed vaulted beam ceilings above dining room. Panoramic ocean views from oversized living room/family room w/ fireplace. Kitchen boasts walk in pantry, 4 burner gas stove, double oven, microwave, refrigerator, & dishwasher. Master suite offers dual closets, slider to patio, & master bath w/ separate shower & tub. Secondary bedroom has dual closets & slider. Third bedroom is a den w/ slider to courtyard without a closet. Linen storage & hallway washer & dryer closet. New carpet & paint, ceiling fans, & textured ceilings throughout. 2 car garage w/ storage. Extreme privacy & low maintenance backyard w/ automatic irrigation & lighting. Pie shaped side yard opens wide to front of the house w/ manicured landscape & ocean views. Opportunity to expand this home to maximize the huge potential of this most desirable location. Does not back PCH. Lowest priced home in Monarch Bay Terrace!