Perched within the exclusive enclave of Monarch Bay, this rare opportunity invites you to bring your coastal dream to life, complete with approved plans for a stunning two-story home spanning approximately 5,257 square feet. A grading permit is ready to be pulled, and all permits for 214 Monarch Bay Drive—including grading, shoring, new home, landscape, hardscape, and pool—are approved and ready. The remaining steps involve securing surety bonds and paying the final permit fees, most of which, including school fees, have already been covered. With these approvals in hand, the dream of creating your perfect coastal retreat is ready to come to fruition. Situated on an expansive lot at the end of a secluded cul-de-sac, this gem lies within a prestigious 24-hour guard-gated neighborhood. Beyond the home, residents can enjoy access to an exclusive private beach club, nearby tennis courts, and take leisurely strolls to luxury destinations like the Ritz Carlton, Monarch Beach Resort, and The Montage. With top-rated Blue Ribbon schools and abundant opportunities for outdoor recreation, this property truly embodies the ultimate coastal lifestyle.