Resting high on a direct oceanfront corner bluff overlooking all of Three Arch Bay, this gated estate ideal for those who value privacy transcends every other home in Three Arch Bay, perhaps even all of Laguna Beach. Tender care of ownership is evidenced by the exemplary attention to detail given to each aspect of this extraordinary property. This 1933 historic Mills Act 6 bedroom, 6 and a half bath estate has a rich history of timeless grandeur. Every internal upgrade embodies modern luxuries while maintaining structural integrity and timeless French interior design. There is no other estate positioned in Laguna Beach offering such extensive and sweeping panoramic views of the white water, sand, and Catalina. This grand estate IS the rare gem and known as the crown jewel of both Emerald Bay and Three Arch Bay. Careful, delicate improvements (permitted as necessary) were made to this property, including but not limited to a complete gourmet kitchen with top-of-the-line appliances, Lutron whole house lighting, updated technology and P E X plumbing/ re-piping of the entire home. The 4,620 square foot main house boasts 4 bedrooms with 2 soothing primary master suites, each with their own luxury bathroom. One independent guest home, with two separate units, sits 35 feet from the main house on its own deeded parcel which attaches to the main parcel. This estate has one of the grandest, private gated brick staircases on the ocean front with private steps with flat viewing areas along the way offering direct access to Three Arch Bay. Seller financing options available. Due to the Mills Act, the property taxes totaled approximately $27,000 for the current year.