29 Bay Dr, Laguna Beach, CA 92651

Property Description

OCEANFRONT AUCTION LAST CHANCE! PREVIOUSLY LISTED AT $15,995,000! OPENING BID PRICE NOW $9,989,000! MILLIONS UNDER MARKET! This amazing 5000 sf ocean front estate on a 15,000 sf lot is arguably the most spectacular oceanfront setting in Southern California. Panoramic views of the Pacific, crashing waves and Catalina Island. Located on the sand in a breathtaking cove in guard gated Three Arch Bay, the estate features a private pathway to the sand - No cliffs, stairs or public access challenges! This quality home was newly constructed in 2011 and features an elevator to all levels, ocean vistas from all rooms, 4 fireplaces, hardwood floors, oceanfront spa, outdoor fireplace, covered terraces and rear yard. The kitchen offers imported granite, stainless appliances and walk-in pantry. The master suite has a private balcony, retreat and fireplace. The master bath features imported stone, spa tub and steam shower. All secondary bedrooms have ensuite baths and the home may be reconfigured or expanded for add'l bedrooms, home theater or gym. Motivated Seller - The home must be sold before the end of the year. The list price is the minimum acceptable bid and the final price is subject to Seller's approval and right of reservation.