First time on the market in decades! Rare opportunity to remodel or build your dream beach house in the private, 24-hour guard-gated community of Monarch Bay. Land is included in the price (fee simple). Magnificent ocean view lot, over 11,000 square feet with sunset views of Catalina Island. Enjoy the amenities of the private Monarch Bay Beach Club managed by the 5-star Monarch Beach Resort (formally St. Regis Resort). Close to shopping, entertainment, golf, and freeway access.