Welcome to 32311 Caribbean Drive, an exceptional single-level residence in the prestigious Monarch Bay Terrace offering breathtaking panoramic views of the ocean, coastline, and whitewater. Expertly designed and renovated with top-of-the-line materials, fixtures, and finishes, this elegant and private home features a seamless open layout designed for luxurious coastal living. Enter through a beautifully landscaped courtyard with a tranquil fountain into a grand foyer that opens to a light-filled oversized great room with floor-to-ceiling glass showcasing stunning ocean, Catalina Island and exquisite sunset in views. The spacious living area includes an elegant fireplace, entertainment center, and custom built wine cellar as well as a casual dining area, all flowing effortlessly to an expansive beautiful ocean view covered patio with built-in heaters and a fire pit for perfect indoor-outdoor living all year round. The formal ocean view dining room and the beautifully designed chef's kitchen are appointed with high-end lighting fixtures, chef's kitchen features natural stone counters, top of the line appliances and bespoke cabinetry. The private ocean-view primary suite offers a double-sided fireplace, dual French doors, a heavenly spa-like bath suite, two amazing walk-in closets, and a great laundry room. The private office and two additional guest suites with own hallway access and laundry, ensures privacy and comfort for all. The beautifully landscaped backyard features a built-in BBQ, a second fountain, and a fire pit, all set against the backdrop of stunning sunsets over Catalina Island - this is coastal luxury at its finest. The highly sought after Monarch Bay Terrace is located on a luxurious corridor between Laguna Beach with famous galleries & The Montage Resort and the beautiful Monarch Beach with pristine beaches, the Ritz Carlton, Waldorf Astoria, Monarch Golf Links, and not to be missed: the beautiful Dana Point Harbor which is undergoing major & fabulous upgrades with two new boutique hotels and lots of new shops and restaurants plus water sports and boating activities.