Reduced $50,000!! Beautiful ocean views throughout this elegantly designed home. Custom built in 2001, this home is nestled high above the palm trees with ocean views from every room where you can see from Catalina to Malibu. Relax and enjoy your morning coffee or your favorite evening beverage from the large and private front and side balconies. There is a formal entry with marble floors, spacious living and dining room with a fireplace, a family room with another fireplace, all with wood floors. The family room is next to the gourmet kitchen which opens to the view balconies. There are 4 ensuite bedrooms including a huge master retreat with a fireplace and sitting area. Central air for those hot summer days and a reverse osmosis water system for fresh, purified water. Tons of storage in the oversized two car garage. The back patio has stairs up to the upper flat backyard where the ocean views are endless! Light and bright with ocean breezes and wonderful views, all in the sought after Monaco area.