This all flat 21,750 sqft parcel represents the opportunity to build your coastal dream estate on one of the few land offerings on the oceanfront. Nestled away in the coveted direct beach access neighborhood of Monarch Bay this location offers privacy and 24 hour guard gated security all in a setting of a truly warm and inviting, community focused neighborhood. All of this perched atop the ocean side bluff above Monarch Beach and its extremely desirable private beach club serviced by the famed Waldorf Astoria. This extraordinary location is one of the rarest opportunities for property  in this neighborhood south of PCH within a private gated community and must truly be experienced to recognize its rarity and value. In addition, an adjoining parcel, #132 is available to acquire as an all-inclusive package expanding the overall footprint.