Panoramic and sweeping ocean views greet as you step into this Coastal Gem situated on prime lot in the gated community of Regatta of Monarch Beach/Dana Point. Perfectly perched above the Dana Point Harbor, Lantern District and the Strand at the Headlands, this property captures amazing ocean views to the east to Catalina Island and to the west to the coastline of Capistrano Beach, San Clemente and beyond. A gated front Courtyard entry leads you to this ocean-close resort destination property on cul-de-sac street. The "open-concept" floorplan seamlessly embraces a fun and festive design ready for entertaining and enjoying the breathtaking "sit-down" ocean views. Tall windows open to the expansive deck with ocean view from the living room complete with fireplace and bar. Two skylights and a multitude of windows showcase the light and bright architectural details of this "chic" beach haven. The kitchen with "quartz' counter tops, stainless steel appliances and Wolf commercial-style gas stove opens to the dining room area. Downstairs, the spacious and secluded primary suite encompasses the entire lower floor complete with sitting area, fireplace, remodeled bath with separate tub and shower, dual vanity sinks and walk-in finished closet. Upstairs, the home spotlights two large secondary bedrooms, one with peek ocean view and sunset view while the other highlights a sunroom alcove with sunrise view. The secondary bath has been remodeled. This property boasts hardwood flooring throughout, except baths, two fireplaces, new exterior paint, a back yard and patio area complete with gas BBQ and ocean and sunset views, dwarf lemon and lime trees, custom lighting, an attached 2 car-garage with driveway and garage Tesla car charger, and a nearby Community Club area complete with pool and spa. The historical City of Dana Point of "Whale-Watching" fame, harbor and marina, cafes and fine dining, shops, the famous Salt Creek Beach, 5-Star luxury hotels and the Links Golf Course, plus the Art Colony of Laguna Beach are all just minutes away. Embrace the superb coastal lifestyle from this perfectly positioned dream location ready for weekend BBQ's and enjoying the Catalina Island sunsets, a morning at the beach, or just relaxing and enjoying resort-style living all year around.