Once in a lifetime opportunity to experience this exceptional oceanfront trophy estate located within the exclusive gated community of Three Arch Bay. Offering a rare opportunity to experience coastal living at its finest, this contemporary masterpiece is perched just above the communitys pristine private cove, boasting an unrivaled connection to the sea with private beach access, breathtaking panoramic views, and a spectacular oceanfront landscaped, private, flat yard with pool and spa! This architectural marvel has been completely gutted, offering the rare chance to personalize and refine every detail to suit your exact vision. With its grand scale, soaring ceilings, and floor to ceiling windows framing the breathtaking Pacific, this home provides an exceptional canvas for a discerning buyer to create an opulent retreat that harmonizes luxury with coastal serenity. The residences existing framework includes a floating staircase, a commercial grade elevator, and an open concept layout primed for contemporary refinement. Expansive balconies and floor to ceiling sliding glass doors seamlessly frame breathtaking ocean views on every level, creating an uninterrupted connection between indoor and outdoor livingan entertainers paradise in the truest sense. The lowest level of the residence unfolds onto a spectacular pool and terrace, overlooking a rolling oceanfront lawn and the rhythmic waves beyondan unparalleled coastal retreat in the heart of Laguna Beach. An exceptional opportunity for customization, this residence has been thoughtfully designed in collaboration with FRANK and CJ Light and comes with fully approved plans and permitsa highly coveted advantage that allows the next owner to build upon the existing layout or expand the home to include two additional bedrooms and a 700 square foot ADU. The ability to move forward immediately with construction saves invaluable time, effort, and expense, making this offering even more extraordinary. Residents of Three Arch Bay enjoy exclusive access to numerous private community amenities, including 24/7 manned gate security, a clubhouse, tennis and basketball courts, a play area, and scenic parks. Ideally situated near award winning schools, premier dining and shopping, this legacy property awaits its next chapter.