Located in the prestigious, gated community of Three Arch Bay, this stunning home offers one of the most sought-after panoramic white water views in Laguna Beach stretching from Dana Point to Palos Verdes and spectacular sunsets over Catalina Island. This move-in ready 4-bedroom, 3.5 bathroom residence boasts breathtaking ocean views from every room. With spacious, open-concept living areas, oversized skylights, laundry room, 2 fireplaces, 2 master suits, balconies on every level, 2 car garage and a yard! There's a bonus storage room that adds an additional 220 Sq Ft that is not included in the current square footage. This home comes with approved plans with rare variances granted from both the HOA and the City of Laguna Beach to add additional square footage, higher ceilings, an Accessory Dwelling Unit (ADU) and adding an infinity pool and spa. With this potential remodel, it brings this home to 5 bedrooms and 5 full bathrooms totaling 3566 Sq Ft. Whether you're looking for a move-in ready Three Arch Bay residence today or envisioning a future renovation, this property provides endless possibilities. Three Arch Bay provides a private 24 hour guard gated community with a world class private beach, tennis courts, basketball court, clubhouse, playground, and a lively calendar of community events in one of the most exclusive communities in Southern California. Situated in a prime location, this home is surrounded by award-winning schools, fine dining and shopping, premier golfing, and luxurious 5 -star hotels.