31381 Monterey Street Located in the coveted Coast Royal neighborhood of South Laguna Beach, this expansive coastal residence presents a rare opportunity to reimagine a true lifestyle property with panoramic ocean, whitewater, and Catalina Island views stretching north to the Montage Resort. Encompassing approximately 4, 000 square feet with seven bedrooms and four bathrooms, the home is positioned to capture breathtaking vistas from all levels while offering exceptional proximity to the Pacific Ocean. The main level captures sweeping ocean views, abundant natural light, and a warm living room anchored by a fireplace and sliding glass doors that open toward the coastline, creating a seamless connection to the surrounding scenery. The kitchen and main living spaces embrace the home's remarkable vantage point, offering an atmosphere designed around relaxed seaside living and unforgettable sunsets. The residence reveals a uniquely versatile floor plan filled with endless potential. Multiple living areas, flexible guest accommodations, and expansive spaces create opportunities for multigenerational living or the chance to craft a one-of-a-kind coastal compound tailored to your vision. The lower level opens to an expansive wood deck with ocean views, extending the living spaces outdoors and enhancing the home's relaxed coastal ambiance. With street-to-street access from Monterey Street down to Coast Highway, the property offers a rare blend of scale, access, and possibility seldom found along the coast. Whether refined or entirely reimagined into a timeless coastal retreat, this property presents an extraordinary canvas in one of the area's most desirable seaside enclaves. The combination of expansive views and close proximity to the sand is a rarity in Laguna Beach. Ideally located moments from the Montage Resort, West Street Beach, Aliso Beach, scenic hiking trails, and renowned restaurants, this rare offering invites the opportunity to create a truly exceptional coastal residence in one of Laguna Beach's most sought-after settings.