Located in guard-gated Monarch Beach. The home sits on top of a hill with views of the surrounding hills. The lot is 13,000 square feet; approximately 5,000 square feet is flat. The beach, Waldorf Astoria and Ritz-Carlton Resorts are nearby. The home is in good shape with recent upgrades. Seller will provide 2-1 interest rate buy-down for buyer's loan---1st year interest rate is 2% below market rates. 2nd year interest rate is 1% below market rates. Seller is a licensed California Real Estate Broker CA DRE #01213328.