Majestic unobstructed panoramic ocean and Catalina Island views from the entire residence in South Laguna Beach. The potentials and possibilities are virtually unlimited at this recently rebuilt modern residence with two separate units #A & B and unit C with full permits ready for construction! This unique residence is ideal for year-round living with the other(s) leased, have all units as rental properties, vacation compound, or utilizing it as multifamily residence. Both units A (upper) & B (lower) features fully remodeled kitchen with commercial grade appliances, marble counters and pot filler over the cooktop and high-end Thermador appliances including a built-in wine refrigerator in the upper unit, large size island with bar seating, open concept, and spacious floor plan. This 4-bedroom 4.5 baths residence with newly installed solar system embodies coastal luxurious living at its finest perfectly positioned to maximize ocean and Catalina views. New double-pane floor-to-ceiling sliding door entrance opens to the spacious outdoor decks overlooking the ocean perfect for relaxation and sunbathing also offering stunning 180-degree ocean/Catalina views from anywhere inside the house and oversized outdoor decks. Each unit has two master en-suite bedrooms with custom closets and double-sink bathroom, high-efficiency heating, air-conditioning systems, tankless water heater, front loading washer and dryer set, new gas lines and water pipes, 3-car garage with ocean view/windows and 2 separate EV charging stations connected to the solar system, plus 3 full-size storage units with moisture control system. A new roof with solar system, new Milgard double-pane windows with motorized roller shades and large size sliding doors ensure a tranquil living environment. Enjoy stunning sunsets and wake up refreshed in the elegant resort-style beach house located in the desirable coastline at South Laguna Beach. Drink your morning coffee or afternoon tea at the residence garden with gorgeous views and ocean breeze or walk to Thousand Steps Beach which is located across PCH just a few steps away. This charming residence is located in a very quiet neighborhood, offering direct/private access to PCH, and within walking distance to beaches, restaurants, and shopping.