REDUCED IN PRICE $1 MILLION AND PRICED TO SELL! OWNER WANTS THIS PROPERTY SOLD NOW! Originally listed at $5,388,000. An incredibly designed custom residence constructed with the finest materials that has every possible amenity one would expect of a trophy property located in one of Orange County's most exclusive private and guard gated coastal view communities. Approximately 5,400 square feet of living space that has unobstructed white water, panoramic ocean views including dramatic views of the Salt Creek, Strand Beaches, Monarch Beach golf course, Ritz Carlton & St. Regis hotels in addition to never ending southern coastline ocean views. 5 bedrooms, 5.5 baths plus a formal living and dining rooms, private office, gourmet chef's kitchen with working island and breakfast nook, main floor family room with conditioned wine cellar with 350 plus bottle capacity, spacious rear yard with outdoor fireplace, salt water swimming pool. There is no better value in the private guard gated community of Monarch Point than 31882 Monarch Crest.