RARE AND INCREDIBLE OPPORTUNITY--this is a fantastic buy!! Most recent comp was at $4.7 million! Discover coastal living at its finest in this oceanfront gem nestled within the exclusive gated community of The Villas at Blue Lagoon in picturesque Laguna Beach. Embracing a modern coastal design, this 3-bedroom, 3-bathroom residence effortlessly combines convenience with sophistication.Step inside to enjoy the refreshing ocean breezes and open floorplan, seamlessly integrating main living areas for entertaining or simply relishing in Catalina Island sunsets. With a versatile ground floor bonus room that could easily serve as a third bedroom, covered parking for 2 vehicles, and direct beach access to Victoria Beach, this home offers unparalleled convenience and comfort. Revel in the resort-style amenities including two heated pools, a fitness center, and tennis/pickleball courts within the tropical ambiance of the community. Experience the epitome of coastal living with proximity to the renowned Montage Resort & Spa, where coastal cuisine, spa indulgence, and exclusive events await. Conveniently situated near vibrant shopping centers and Laguna Beach's renowned dining and cultural attractions, this property offers the quintessential coastal lifestyle. Immerse yourself in Laguna Beach's vibrant art scene, secluded coves, and pristine beaches, including Main Beach, Aliso Beach Park, and Crystal Cove State Park, all within reach of this idyllic destination. Whether seeking a weekend retreat or a full-time residence, Blue Lagoon provides the perfect sanctuary to enjoy the essence of coastal living.