Now offered at $5,495,000a $500,000 price reductionmaking 2 North Vista de La Luna the best priced home in all of Three Arch Bay. The two story home features an easy, functional layout with four bedrooms (two on the main level) and vaulted ceilings with exposed wood beams. Set on a highly desirable flat lot, the property includes a fully usable ocean view backyard, plus a long driveway and 2 car garagerare for Laguna Beach. This is an incredible opportunity to create your dream home and coastal lifestyle in one of Southern Californias most idyllic and sought after communities. While ready for modernization, the home offers exceptional potential in an unbeatable location. With no other active listings in Three Arch Bay under $13M, this is a standout opportunity for value, views, and lifestyle. Residents enjoy 24 hour gated security, private beach access, tennis courts, sport court, tot lot, beach volleyball, and beach BBQs and fire pitsoffering year round coastal living at its best!