$ 27,995,000

Commanding unobstructed front-row views of the Pacific Ocean, Catalina Island, sunsets, shoreline and waves breaking on the cove below, this exceptionally rare double homesite in Laguna Beach presents a once-in-a-lifetime opportunity. The expansive and private property extends approximately 31,188 square feet across a prime oceanfront setting and features two improved homes. Extensive possibilities include enjoying the coveted property as it is; replacing one or both homes with new ones; or clearing the existing residences and creating an uncompromising custom showplace directly above the ocean. Currently, both beautiful homes occupy the double lot and share a swimming pool, pebble-finished patios, lush landscaping with mature trees, and an intimate blufftop deck. 2345 S. Coast Hwy. is illuminated by walls of glass that frame extraordinary ocean views. Approximately 3,377 square feet, the two-bedroom, three-bath floorplan hosts an open main level with kitchen and great room, a private deck, vaulted ceilings, and a stunning entry with large glass doors. The primary suite overlooks the ocean and hosts a sitting area or office with extensive built-ins, a fireplace, jetted tub, separate shower, and a walk-in closet with built-ins. Four bedrooms and four baths are on display at 2381 S. Coast Hwy., where breathtaking ocean views are enjoyed from both levels of a design that measures approximately 2,249 square feet. Enormous view-enriched picture windows enhance the home's open ambiance, and a large kitchen, generous great room, and equally impressive bedrooms are featured. Located near Moss Cove, the sublime property is close to Laguna's famous array of restaurants, cafés, galleries, shops and resorts. Top schools are nearby, and miles of hiking trails await exploration in the hills.