OCEAN VIEWS and BIG LOT!!!! One of a kind, diamond in the rough with potential galore!!!! Custom built home on big lot with ocean views but in need of repair work from deferred maintenance. Full basement area as well (unfinished and as is), but it used to be a beautiful granny flat with a bathroom, small kitchen, bedroom, living room area and about 1000 sq ft which opened up to the large rear yard! The foot print of this home is 2600 sq ft, excluding the unfinished basement areA. The home features beautiful ocean views, custom built soaring wood beamed ceilings, two wood burning fireplaces, huge great room with fireplace and view balcony, good size kitchen which opens up to a family kitchen area and a spacious bedroom with balcony and 1/2 bath (with room for expansion for a full bathroom upstairs). The downstairs (main level) features 3 bedrooms - a spacious master suite with master bathroom, walk in closet, private balcony and wood burning fireplace plus two secondary bedrooms, another full bathroom and a huge laundry/mud room/storage area plus direct garage access. The front yard is spacious with low maintenance succulents, large driveway and two stair cases to the home, one to the main level and one to the upper level and the back yard is large with potential galore plus avocado and fruit trees! The owner of the home was a custom home builder and built this home for his family, he also built many in Laguna Beach. Over the years with health issues the property became run down a bit and is in need of TLC/repair work but the canvas is there for an amazing property offering big square footage, a big lot and ocean views in Capo Beach! You will not want to miss this opportunity to create your perfect living space!