Vista de La Luna - view of the moon - may be the name of the street, but it's the sweeping views of the Pacific that deliver the true wow factor at this property. Welcome to a rare coastal offering within the iconic guard-gated community of Upper Three Arch Bay. This property presents a rare opportunity to acquire a flat-lot panoramic-view home priced dramatically below all other available inventory. Enjoy breathtaking 180-degree ocean views that span the coastline - from the Ritz-Carlton in Dana Point to Catalina Island. You'll appreciate the easy layout and flow of this two-story home, featuring two of the four bedrooms located on the entry level and pitched first-floor ceilings with exposed wood beams that enhance volume, character, and architectural appeal. Positioned on one of Upper Three Arch Bay's coveted flat lots, the property includes a fully usable ocean-view backyard - ideal for outdoor living and seaside entertaining. A long, flat driveway and 2-car garage offer exceptional ease of access, a rarity in Laguna Beach. While the interior awaits modernization, the foundation for an extraordinary coastal home is already in place. With no other active listings in all of Three Arch Bay under $13,000,000, this home represents unmatched value, potential, and lifestyle opportunity within one of California's most prestigious oceanfront enclaves. Private beach access, tennis courts, 24-hour guard-gated security, and a rich community heritage complete this exceptional offering.