JUST REDUCED Once this property is gone... it is gone. Large spectacular lot and home with panoramic views that take your breath away from every room. This beautiful southern exposure home opens to a large expansive deck for fabulous Catalina sunsets, white water, whale watching and city light viewing at night. This sun filled home with open beam ceilings offers 5 spacious bedrooms, a majestic dining room, large private indoor Jacuzzi with ocean views, 3 fireplaces, marble and limestone bathrooms, hardwood floors and an elevator. This private home gives you the feeling of no neighbors, boasts 184 lineal feet of frontage, taking up the entire street and cul de sac, sitting alongside Laguna Coast Wilderness Park with access out your back door to hike or bike. This home is an irreplaceable opportunity. The community of Emerald bay enjoys a private 1/2-mile white sandy beach, volleyball courts, 6 tennis courts, and community activities for all ages, summer camps, a swim center, many beautiful parks, 24-hour security and more.