A matchless opportunity awaits in the spectacular private community of Monarch Bay. The over-sized lot offers a very impressive oceanfront locale with rare direct beach access and unobstructed white water and coastline views. There are plans by architect Chris Light for a stunning 7,600 square foot Balinese influenced estate. The existing home offers four bedrooms, four and a half baths, ocean views from most rooms and gated motor court entry. Monarch Bay provides a resort-style living experience with full security, guard gated entry, tennis courts and private Beach Club on the sand. Oceanfront Monarch Links golf course, Ritz-Carlton Hotel and the St. Regis Resorts are in direct proximity.