A truly unparalleled offering, this rare oceanfront estate in the coveted, guard-gated enclave of Three Arch Bay presents an extraordinary chance to shape one of Laguna Beach's most significant coastal properties. Poised above the community's iconic private cove, the residence commands sweeping, unobstructed views of the Pacific and enjoys direct access to the sand--an amenity few homes along the coast can claim. Set on a sprawling, flat oceanfront parcel with a pool, spa, and meticulously landscaped grounds, the property offers a spectacular setting where land, sea, and architecture converge. The existing structure--stripped to the studs and ready for transformation--provides an exceptional framework for the next owner's vision. Towering ceilings, vast expanses of glass, floating staircases, and a commercial-grade elevator lay the groundwork for a world-class contemporary retreat that lives in rhythm with the shoreline just beyond. Every level opens to expansive terraces and floor-to-ceiling sliding walls of glass, dissolving the boundary between indoors and out while capturing the drama of the coastline. The lower level spills effortlessly onto the pool terrace and oceanfront lawn, creating a breathtaking backdrop for everyday living and unforgettable gatherings. Thoughtfully designed in collaboration with FRANK and CJ Light, the home is offered with fully approved plans and permits--an invaluable advantage that allows construction to commence immediately, saving years of time and complexity. The plans also provide the ability to expand, including options for two additional bedrooms and a 700-square-foot ADU, further enhancing the estate's scale, functionality, and value. Residents of Three Arch Bay enjoy exclusive access to an array of private community amenities, including 24/7 guarded entry, a residents-only beach, clubhouse, tennis and basketball courts, playground, and beautifully maintained parks. Moments from world-renowned beaches, celebrated restaurants, and premier schools, this extraordinary estate represents a once-in-a-generation opportunity to craft a legacy home along one of Southern California's most treasured stretches of coastline.