Enter into a fully re-designed open floor plan offering an expansive Great Room, a beautiful chef's kitchen, two bedrooms with en-suite baths and a separate office space or, third bedroom. Attention to every detail has been made to create a unique and updated home. Step outside to a large deck and yard with multiple seating areas planned for entertaining in mind. There is even an area for a peek a boo water view or to view evening sunsets. Not to mention...LOCATION, LOCATION, LOCATION...this home is situated in the Ocean View Community of Laguna Terrace, directly across PCH from the World-Renowned Montage Laguna Beach Resort. With a short distance to all that Down Town Laguna Beach has to offer and close proximity to The Ranch Golf Course and Spa where the canyon and the sea meet nestled in the Aliso and Wood Canyons. The nearby beaches are simply stunning, with crystal clear waters, soft sandy shores you will not be disappointed! Festival of Arts and Pageant of the Masters, Laguna Art Museum, and Art Galleries. At home, you'll appreciate the community amenities: a pristine pool and spa surrounded by tropical landscaping, and a community clubhouse with a fitness center, full kitchen and fireplace to gather with friends. Embrace the finer things in life at Laguna Terrace, an affordable coastal living experience in Laguna Beach. The monthly Land Lease is $3,654 and has an annual increase of 3% or the CPI (whichever is greater). Home Serial #'s: S10704A/S10704B