Listed by John Schantz with Harcourts Prime Properties 949-248-1888

INVESTMENT... INVESTMENT... INVESTMENT! The Coastal Commission just approved Dana Point's New Short Term Rental Ordinance! Truly an outstanding opportunity TO GET A NEW STR PERMIT AND CASH IN! Multi-Million Dollar VIEWS in Dana Point's Monarch Beach for under $850K!! FRONT ROW Condo in the prestigous 24/7 guard gated Ritz Pointe community of Monarch Hills, with straight-on vistas of Monarch Cove and Salt Creek, where the iconic movie poster from "The Endless Summer Movie was filmed!" The VIEWS from this former Model also include The Waldorf Astoria and the Ritz Carlton Hotels, Catalina, The Monarch Beach Golf Course, and all the way down to The Headlands! You'll enjoy a beautiful walking trail through the golf course right down to Salt Creek. ALSO Great for a weekend "Pied e Terre!" A spacious, 1 BDR/1 BTH Spanish style retreat, features Saltillo tile, large, new Seascape windows, an "extra" 3rd slider to the patio, recessed lighting, new closet, newer shutters, automatic blinds, new HVAC, newer sliders and screens, a fence around the patio, and pex pipes coming soon! This wonderful Complex features a large pool, clubhouse, gym and 3 spas - including an ocean view one! Come Enjoy the Sit Down Blue Ocean Perspective from every room... YOU DON'T WANT TO MISS IT!!