One of the best values in Monarch Beach! White Water and Catalina views are enjoyed from this spacious 3 bd. condo located in the gated community of Monarch Bay Villas. The exceptional floor plan is highlighted by soaring wood beamed ceilings, 2 tile accented fireplaces, large decks and panoramic views. The oversized Living room with fireplace, adjoining alcove and large deck offers panoramic views of the Monarch Beach Resort, Ritz Carlton, Golf Course and Catalina Island. The large eat-in kitchen opening to the enclosed front courtyard offers ample storage and counter space, a gas range and direct garage access. A formal dining room with ocean views and vaulted beamed ceilings adjoins the kitchen and over looks the Living Room. An attic with pull down ladder provides additional storage. The lower level offers 3 bedrooms and 2 baths. The ocean view master suite features a tile accented fireplace, dual sink vanity and a walk in closet. Nestled above Monarch Beach Plaza shopping and dining, this condo is the ideal location in which to enjoy coastal living. Private and gated Monarch Beach Villas offers a swimming pool, spa, gym, clubhouse and BBQ area. This gem of an enclave has only 52 units as well as a walking path to beaches and Monarch Beach Golf course.Freshly painted with new carpeting and staging. Don't miss this rare find and deal.