"The Monaco House". Located in a premier location and lot designed to take full advantage of the breathtaking 180 degree Ocean, Coastline, Cove and Catalina Island views, this property is a diamond in the rough, but does needs some updating and TLC. Nestled on the rim of the pacific this contemporary designed home is an architecturally award-winning property known as "Casa De Monaco" and was designed as the model home for the development of this highly sought after Ocean View neighborhood. Upon entering the backyard you will notice the two room guest unit the looks out at the in ground pool and backyard, it is one of the few properties in the area that has a legal guest unit on site. In the main house all bedrooms have ocean views and bathrooms and the primary bedroom and bathroom and the guest bedrooms have separate wings at each end of the house allowing you ultimate privacy. The 4th bedroom is currently being used as a library but can be easily converted back to a bedroom or used as an office.The formal dining room has beamed ceilings and floor to ceiling windows that allow you to enjoy the Ocean views, the breakfast room is just off the kitchen and the step down living room with its curved windows and mirrored walls also allows you to focus on the phenomenal views. Other features include: Family room with pool view, Circular sunken bar, Teak cabinets throughout, Three car garage with direct access and much more.