Plans approved by Laguna Design Review Board, Coastal Commission and Three Arch Bay. Gracing a private coastal promonotory in prestigious Upper Three Arch Bay in Laguna Beach, this oversized double lot will mesmerize you with its utterly breathtaking panoramic views. Enjoy watching the glimmer of sunshine on each cresting wave, gaze out to Catalina & up the coast to Palos Verdes or enjoy pastoral vistas of the neighboring wilderness & mountains. This very rare offering encompasses over 28,000 sqft double lot. The sale also includes fully approved plans for a stunning 4,552 sq ft, 4 bed, 5 bath +den, Mediterranean residence that maximizes ocean views from every room. As drawn & approved, the home will include a private drive, parking for 6 cars & spacious indoor / outdoor living areas that flow seamlessly together through disappearing glass doors. Other highlights include: elevator to all levels; sublime master suite with private spa & ocean view terrace. * Reduced $300,000